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In a May 3, 2024, Barchart article on Bitcoin, I concluded: Always remember that your risk position is long or short at the current market price, not at the original execution price. Bitcoin, Ethereum, and cryptos are exciting assets, but their volatility means that discipline is critical for success. Only invest what you are willing to lose because the potential for substantial profits comes with the risk of commensurate losses. New highs in Bitcoin are possible, but so are the odds of another implosive correction. On May 3, Bitcoin was trading at $61,689.03 per token. On July 31, the leading…

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