Patience Pays Sats

Louis Sykes
August 3, 2021

It's often said that patience pays dividends.

Of course, in the crypto world these adages don't make too much sense. So, just like how we say that "Tether's a position too," in crypto it can be said that "patience pays sats."

But all jokes aside, Bitcoin has fallen back below 41,000, placing prices right back into this range. With Bitcoin below this level, new longs are likely to stumble in the coming days/weeks.

At least in the near term, some level of patience is warranted.

So while we're anticipating we ultimately resolve higher, the only question that remains is "how long?"

 

Article Sales Message

All Star Charts Crypto Members Receive

  • Our professional research delivered to your inbox
  • High conviction trade ideas to make money
  • Full coverage of entry and exit signals across the crypto landscape, including major coins, altcoins, and other tokens
  • Video conferences every week
  • Alerts to cryptocurrencies before they become mainstream
  • Custom indices, correlation, trend strength and relationship analysis
  • Access to Rangefinder – our proprietary app for tracking trade ideas in real time (annual members only)

You need to have a subscription to access this content in full.

Log in or subscribe
Filed Under