Topic: Bitcoin is crashing - page 4. (Read 5999 times)
Sell at or near the current bubble top, load up for double number of BTC at the bottom.
The rate of increase just shifted as of the 5th. The market is heading into its next phase. It has already gone through accumulation, early shack-out, ramp up. Now it's heading into early distribution.
Expect to see wild swings in the next few weeks. And an eventual sell-off... then BC will establish a new base, and the cycle will repeat. But the charts are indicating there is still plenty of power in the distribution phase. I'm holding and watching closely.
Having said that if BC is still here in 5 years, $50, $60, $100, hell even $200 will be cheap.
What game are you playing? Speculation? Long-term investment? Day-trading?
If you're holding out for the 5 year window or more it would be stupid to sell right now at any price with the momentum BC has currently, and is only building.
But human nature as it is, we'll see several bubbles along the way, with irrational spikes and crashes as we might only see in the oil futures. Nothing will change that.
Don't let the bubbles scare you out of the long-term macro trend here.
Expect to see wild swings in the next few weeks. And an eventual sell-off... then BC will establish a new base, and the cycle will repeat. But the charts are indicating there is still plenty of power in the distribution phase. I'm holding and watching closely.
Having said that if BC is still here in 5 years, $50, $60, $100, hell even $200 will be cheap.
What game are you playing? Speculation? Long-term investment? Day-trading?
If you're holding out for the 5 year window or more it would be stupid to sell right now at any price with the momentum BC has currently, and is only building.
But human nature as it is, we'll see several bubbles along the way, with irrational spikes and crashes as we might only see in the oil futures. Nothing will change that.
Don't let the bubbles scare you out of the long-term macro trend here.
No, it will first hit my sell offer at $78. Only then it crashes 
Lol the way things are going, selling at 78 may seem like a bad idea in a few weeks.
Then again you could wake up tomorrow and it's 20$
No, it will first hit my sell offer at $78. Only then it crashes
A valiant effort.
GO SHORT, ABANDON SHIP!!!!111!12
In other news, this belongs into speculation (if at all in this forum...)
In other news, this belongs into speculation (if at all in this forum...)
SELL IMMEDIATELY
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