The Pi Cycle Top Indicator makes me worry too much. We are crossing it any day now. And it precisely predicted all market tops so far.
Whats your thoughts? This time is different? One possibility is we will have a double top like in 2013. Thats what I am expecting. A bullrun in April, Crash and sideways through summer. Parabolic end of the year.
https://www.lookintobitcoin.com/charts/pi-cycle-top-indicator/All this short term price does not matter...IF you are HODL'ing till AT LEAST after the next 'halving' IMHO.....it is 'virtual real estate' where the price is determined by the scarcity
and like land the value comes from what is built upon it to determine price. So remember we are FARMING...when the price goes up for the land you don't rush out and sell
the frigging farm. You ride the dips. Buy more land, and thus become an even more successful farmer!
(sorry, had a few...seems logical at this moment)
Brad
You do not seem the best to be giving advices, Searing..
remember how regretful and panicking you were getting during the 2018/19 crashening, and even your rationale was that you were panicking even more because you had failed to sell any during the 2017 price rise and you were regretting and you got even especially nervous once the BTC price dropped back down to $6k the second or third time.
Remember the first time the BTC price dropped to $6k was in early February 2018, and then it dropped to $6k like 4-5 more times throughout 2018 before finally capitulating below $6k at the end of the year.. which caused your ultimate panic, no?
Even you, Searing, might want to consider your own psychology and finances to shave off a bit of profits on the way up rather than on the way down.. and who is to say what the bottom of the next cycle will take us.. I am NOT going to proclaim any solid insight in terms of what degree and what durations of drops we might end up experiencing in the coming years... or even if UP before DOWN is guaranteed, even if UP before DOWN does seem to have good ongoing and persistent momentum at this time.
That was unexpected.
Very unexpected
That was unexpected within an expected range of unexpectations.
That was unexpected.
Very unexpected
Really? You think that a major shakeout of the over leveraged right around months end just before we go on to make new highs in April is unexpected?
It's overdue if anything.
March sure ended in such a dismal place.. too...
as so many calendar coordinating peeps were projecting March to be a horrible month, because of history and this that and the other unimportances.. .blah blah blah..
and if you measure out our March's BTC performance it is around 25% up, so can be quite difficult to argue that March turned out anywhere near a variety of prevalent prognostications that were trying to suggest that king daddy gives any shits about calendar months - or even endings of quarters or options or any of that other phoney baloney bullshit that were supposedly contributing to March "ending badly," blah blah blah.
