How To Trade Bitcoin During Geopolitical Tensions? Here’s One Whale Trader’s Approach
Posted On October 2, 2024
Whale crypto trader Eugene Ng Ah Sio outlined his approach on trading cryptocurrencies in times of global uncertainty, hinting at a contrarian strategy.
What Happened: The trader said on X (formerly Twitter) he is selling when everyone is aggressively buying altcoins and starting to buy when people begin to lose faith that the market dip was just leveraged longs being flushed out.
He advized to make full-sized dip buys when global conflicts escalate and everyone is de-risking due to the fear of war. “I may eat my words in the future, but I’ve seen this playbook often enough to have …
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