What are you thinking LFC? I recall that several days ago, you were a bit more hesitant about attempting to catch a falling knife - as many of us likely got a bit nervous about how fast the damned thing was falling and if there was going to be any bounce in the near terms.... and at least for now, it seems that we have a bit of a resting point and reconsideration of price direction.
I already bought some in the $3,500s, and $3,800s, and of course supra $4k, so probably my next buy would not be until about $3.2k... ... sometimes I will play around with my orders, and then if some sells execute, then I don't mind buying again, too, which I did have some sells in the lower $4k... so will be considering whether I need to adjust what I already have out there.
Bottom is in? 50/50? Hairy? 40/60? Actually, I will admit that based on recent happenings, even I am coming around a bit to the possibility that the bottom might not be in, and maybe I am 47/53-ish.. at least, at the moment that I am typing this.
Interesting thing about bitcoin is that our predictions can change a bit on a daily or a 3 day basis or a weekly basis, depending on momentum and if whatever current consolidation range is getting pushed in one direction or another. of course, news events too (which can reflect public sentiment)... Maybe now, we have something like $3,800 to $4,350.. so maybe we shouldn't get too excited unless the edges of those break?
Personally I think the bottom is in Jay, I think we’ll trade in the $3,500 to $5,000 range for a while though. I already have a nice stash of coins but you can never have enough. It’s a once in a lifetime opportunity so load up what you can afford to as & when you can.
I panicked a lot as we were dropping from 7k down to 3.5k (I shouldn’t have, I’ve been in a worse situation in 2014 when at one point I was literally 80% down on my investment. Even now I’m over 9 x up on what I’ve invested).
Basically I’m calm & relaxed now after the initial shock of dropping so much, so fast from 7k or 8k to 3.5k.
Nothing’s going to phase me now, I have strong hands & I can HODL until at least 2021 - 2022 like I’ve always said.
So it’s simply time to get on with our boring jobs/businesses until moon launch.