Gosh... I didn't even get triggered, or did I?
Speaking of the BTC price:
As I type we seem to be dippenning and pushing upon low $32ks.... perhaps? Perhaps?
What to do peeps?
Cry?
Or something else?
Noticing that same Downward pressure that hit last night has kicked up (or should I say down)again tonight. Started about 2-3 hours later though.
If it Does swing us down another $3k (even better $4k) I'll pick up a nice haul of cheap corn from Limit Buys placed weeks ago! And as an added bonus, may even test my theory as to whether a scoop down to about $27.5k - $28k would pick up the momentum needed to finally shoot up past the $42k wall!
Just hiding and watching, will be happy with the results regardless of where it takes us!
Well, I am glad that you are asserting that you are happy regardless of price direction.. and I surely have my hesitancies to proclaim that I have any kind of clue regarding whether any further down might be needed or inevitable or whatever.... we have frequently seen the "down before up" proclamations NOT end up playing out.... so frequently when anyone is proclaiming that we "have to" go down before up, that gives me some sense that they are not really as prepared for UP as they might be making themselves out to be.. but to each their own. The down before up are probably not less than 50/50 even though we have already had down to 56% correction and even though we have already been bouncing around in the lower $30ks for a considerable amount of time.
In my thinking, the truly neutral position for anyone who happens to be sufficiently and adequately "invested in bitcoin" is going to be biased towards up, but willing, ready and able to take advantage of down, if such down were to happen rather than be appearing to be wishing for down.. but hey.. I have seen plenty of down-wishers in my bitcoin days.. and a good number of them proclaim to be bitcoin bulls.. even one who has a name that has bio in the beginning and ends with an m... not saying that he is the ONLY one who happens to have a frequent practice of being a down-wisher, but he loves when I talk about him.
In other words, seem to me that anyone who invests into something (whether we are talking about bitcoin or anything else) should be shooting for the price to go up, rather than down (especially after it already did a 56% correction).. but whatever, peeps are gonna peep... I suppose.