What if it breaks? 
What are the generally accepted long term channels at the moment?
What are the generally accepted long term channels at the moment?
It is generally accepted that you should never sell your bitcoins for anything less than a price, which is multiple times of the ATH of the prior boom.
- If Bitcoin is in its growth channel, and you panic sell in the bottom, it will cost you most of your bitcoins when you panic buy at 5-20x higher after realizing you were wrong. (If you panic buy threshold is lower, you end up always buying high and selling low, and diluting your holdings.)
- If it it destroyed, you have no way knowing it and being able to salvage the high point of your value. Salvaging a low point, is meaningless when the same outcome in fiat terms can be achieved by selling a few %-points more in the previous boom.
this community lives in dreams just because of people full of shit like you, of course you sold most of your Bitcoins to buy a "castle" and fill your account but you tell others to don't, what a dick head.
What the hell happened to you too? You used to have spot on predictions and gut feelings and I enjoyed reading most of your comments. Now you're just following risto to discredit him any occasion you get. I get it, you strongly dislike the man, and I'm not fond of him either but now you sound like the dark crypto offspring of Bitchick and Stolfi. One wants to save me from my sins, the other wants to save the world from itself. You wanna save people from... idiots with bitcoin bought castles?
He traded to much with the bitcoins, not knowing that the price of bitcoin can be predicted neither by technicals nor by fundamentals. With leverage, everything can be lost in a day. So he has no more coins. Well that is my guess anyway.
Why didn't I just stop at 7777? I should have known that was the ATH Post count. I thought it was going to go higher. But then the crash! 
