I have been waiting for a good market shake out to give me more confidence in long term growth, this is a good sign. Also long termers have been through several "crashes" already and some newbs taken a good look at the entire BTC history this had shaken out a lot of "weak" hands.
It going to 10k then 100k and up maybe level out at 100K - 1M per coin.
newbs just running around with their hair on fire going derp derp derp and selling their way into oblivion, takeing a loss. Just hold for a year or 2, sell at 10K if you must.
If you have to "day" trade just use a small portion so feel like your not missing out.
BTC is not about a country or a government or the decisions they make. These will all be arbitraged out by BTC.
Topic: China BTC experience first dumps/crashes...this is good for long term growth (Read 707 times)
December 16, 2013, 09:58:09 PM
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