Topic: Bye bye fear, hello greed! (Read 1550 times)

Because you're a long term holder, i highly believe that you will end up cashing a lot with your investment, but looking at it from another point; trading until that date it's more
probable that we (traders) will earn even more. Just getting 5-10% every time there's a probable short position can yield very nice increase over the years.
tl;dl kudos to you, but i'm guided by that: the higher the risk (trading) the higher the gains (if i don't mess up too many times)

Economic pressure will get it through. Step back and watch when shit hits the fan.

Now, I suppose this is the pre-5th of November auction pump on top of a strong underlying bullish trend. I'm expecting it to go up to 400 with everyone getting crazy right now, followed by sharp drop to 320 bucks. If you bought in at 250 and have sold just now for 50-100 Dollar profit, you might be disappointed by your trading in a few months, namely when it'll be clear this vessel isn't going to sink any lower than 300 for good. Just like some guys buying at 5 and selling at 10, knowing BTC was hugely undervalued look back and curse their 'awesome' profits of 2012.

Short term - down due to Feds auction on thursday and a widely expected pump we are seeing right now

Mid term - price stability over 300 due to the fact very people bought in under 300 and we know something's gotta give with the upcoming halving in sight-
much more likely that we will see a slow price increase month by month until August, and no huge jump as the halving will be calculated in long before the actual event (Why? This is what happened last time when BTC block reward went from 50 to 25 coins.)

Long term - I expect the usual super pump by whales and an actual new super bubble at the end of 2016, by then everyone will have forgotten the pain of 2013/14 bubble bursting. Some people will get to hear "I told you to hold your way overbought 1000 Dollar Bitcoins" to be able to turn them into a profit after all. Remember the bag holders of the first ever bubble to 32 Dollars in spring 2011 everyone made fun about? Only until the spring and summer of 2013, let alone the fall they were actually bagholders. So, be ready for the gigantic bubble to blow right up again in early 2017 but prices afterwards to be still in the 4-digits range. There is no such thing as bagholding, only tempoary bagholding for the next 2 bubbles in the future. Just remember to always HODL. If you get scared or impatient in the years in between, someone else is making bank of your misery.

I sold a part of my coins that I have for trading purposes at $365 to take profits. I am quite satisfied as the coins I sold were bought for an average price of $200-$220. I will buy back some coins if the price goes down the comming days, if not, then I am happy seeing my other coins gain value It's a win win for me.

bitcoin has a tiny market cap now.

if he wanted to, bill gates could buy every single bitcoin right now at current prices, and still keep over 90% of his net worth in dollars.

bitcoin has to grow many times bigger.

This price needs to rise between now and the next Block Reward Halving or you will have serious dislocation in the mining market that would likely be observed in a sustained difficulty decline until mining at least broke even.

I don't give a damn about all of this. I ain't touching my cold storage coins until the year 2020. Until then, let it be what it has to be. I am calm and will wait and hold patiently!

It's good to see Bitcoin prices again above $350 though!

OH MY GOD PEKING  WAKES UP IN A FEW HOURS THIS IS JUST THE BEGINNING OF THE HAPPENING

lol, the real bubble hasn't come close to happening yet:

Incoming $163,000,000,000 market cap and $7700 coins:

https://bitcointalksearch.org/topic/incoming-163000000000-market-cap-and-7700-coins-1235466

I thought Bitcoin was dead because block size

bubble hasn't started yet

I am not so sure, not now at least. Bitcoin is ripe for its next bubble. Greed phases always have been pretty short and intense. I don't know why it would be any different this time.

I don't like this crazy pump. It will hurt bitcoin again when the big dump starts. I have a feeling that it is over soon.

Never forget the reasons to HODL:

https://bitcointalksearch.org/topic/reasons-to-hodl-811777

Hoddle indeed, indeed...

HODL long term. This is nothing in the long term.

Have patience my friends & HODL your coins.

It's gonna be a BTCumpy ride

Title says it all.

Buckle up.