Don’t Try To Catch A Falling Knife (And Other Downturn market Trading Adages)

Given the really rough week Bitcoin and the rest of the cryptocurrencies had, I decided to take a break from the Trading Brain-Dump series and write a quick post about a couple of downturn market trading adages. Note: given how volatile and violent Bitcoin prices tend to move, in a week you might think this blog post is a waste of storage space, but, it’s a risk I’m willing to take if it saves someone the trouble. They’re adages (and have been around for a long time), not infallible truth; however, bearing them in mind can…