I suspect luc did in fact sell when he said he did. But I'm not completely sure I believe him when he says he's determined to stop trading btc for the coming 1 or 2 years...
I think I recall him saying he would be "out forever". But well, that was lucif, not masterluc, so technically he wasn't lying ,)
Don't know about that one, but 3 or 4 pages ago, when he called the top, he also predicted we're entering a multi year bear market (based on EW theory, I suppose). That's the "1 or 2 years" i'm refering to.
By the way, even though I'm sceptical we'll really see bearish development for the entire coming year, it's good to at least occasionally *talk* about that possibility:
Most of us look at the all time price graph on a log chart, and it is hard *not* to think that this will continue and continue and continue. I mean, each crash (2011, 2012, twice 2013) turns out just a minimal roadbump in the big picture, with the times between ATHs getting smaller, and the bear markets lasting shorter (this year's bear market: May and June. In 2011: ~ 6 months)
So with that in mind, I also alway think: no big deal. we'll recover soon enough. But it's good to keep in mind that there's always a chance it *could* be different.
Not sure if I'm making myself clear here.... i don't see the signs for a 2 year bear market. But it is good to be prodded once in a while by someone to at least *look* for those signs (even if in the end you conclude there are none).
Jup. That's what I wanted to say
Luckily i bought again at $750 in time and have made a nice 45 BTC profit from this trade.
