I was losing hope last summer, but this year I'm starting to get more confident we are going up. and up. and up. Last summer the best move was to dump when it hit 300 and wait to buy back in lower. This summer each time I expect a retrace it doesn't happen, the price just keeps going up. The best move this summer might be to hold and buy more if you get your hands on some fiat.
there is alot of talk of up and up. it sure is going up and will go up alot more - maybe a new ATH. But it will crash. Are people forgetting that the "harvening" simply means 1800 less bitcoins (potentially) coming onto the market each day.
there were lots to buy before and there will be lots to buy afterwards. So its just a pump around a low key event.
At best I see $400-$450ish within 2 months of the day we "harve". As that is where we are really at. At worst it will be 25% of its high point.
Ensure you are not borrowing to buy bitcoins as then it will really hurt.
Totally gree that the bubble will crash, it's in the nature of the market. The important for me is ride the wave, atleast i try to do it