OK, I might've misunderstood your post but there is no such thing as "unnatural growth", except after a significant top is in, and there are no new buyers coming into the market. Throughout this entire rally there hasn't yet been that moment when people on the wrong side of the market are simply left behind. And that moment that makes lots of newcomers rush to the eco-system, looking to buy everything and anything they can get their hands on.
Did you sell at $800 during the rally to $1140? Had the chance to rebuy at the same price during the dump to $780. Sold at any price during the run-up to $1350? Didn't matter, you could buy in the dump to $890. Market still hasn't "punished" people that want to buy but are too greedy and want to wait for lower prices.
I expect this to happen, sooner rather than later.
I see a lot of people here that sold out their bitcoins and now they panic. This is excellent indicator where we go. Moon!
I was reading the last few pages and been thinking exactly the same. People are desperately hoping for a dump. I don't mind one, but I find it unlikely.
Still, there are bears lurking around who deny the existence of the uptrend and/or the bull market. First, we need to get rid of them completely, then enjoy going up on their money, then get the new bag holders coming in for our precious coins. Unless we start a very swift correction back below $800, which gets less and less likely by the day, I assume sunny days lie ahead of us.
Just itching to buy back in... this is torture!
I have sold at 670, two days ago. Since then, the price went up to 720, went down to 550 and kept fluctuating so I can say that I do know the feeling, even though I'm in this thing for only 2-3 weeks now. Now, the itch and anxiety have faded, and I'm just watching and waiting for the perfect moment to jump back in, but not before we get to another low. Be patient and have some sort of a plan, any plan; that will help drive the anxiety away.
In it for 2-3 weeks.. Does that mean you bought in at +$1000?
No. I'm in this for 2-3 weeks but bought at an average of 585, although both my reasoning and my gut feeling were telling me that the price would go lower. I bought impulsively and impaciently, even before reading the China news. Lesson learned, patience activated.
Just itching to buy back in... this is torture!
I have sold at 670, two days ago. Since then, the price went up to 720, went down to 550 and kept fluctuating so I can say that I do know the feeling, even though I'm in this thing for only 2-3 weeks now. Now, the itch and anxiety have faded, and I'm just watching and waiting for the perfect moment to jump back in, but not before we get to another low. Be patient and have some sort of a plan, any plan; that will help drive the anxiety away.
