You should only sell when you are done with this completely.

If you are going to cry about the next ATH after you sell, don't.

Set yourself a target networth and start DCA'ing till you reach that target. Even when you reach your target it is probably a good idea to save 1 bitcoin just in case.

That’s how people in this thread end up being NOCOINERS.
You can’t play this market & expect to come out on top. You might get lucky but what if we surged to $20,000? You’d be sitting on a load of fiat with 0BTC & you’d end up buying back in higher.
Trading is a fools game.

Wait until a year or so after the halving & then sell.

$3,122 here we come.

ded


wwwwwweeeeeeeee!!!




lol

Morning gentlemen!
Observing $12,150, looks like we’re going sub $12,000. You can look at this in two ways.

1.) Healthy correction, we were going too high, too fast. A correction is good, weak hands & profit seekers can fuck off, the real players can buy the dip as we consolidate & wait patiently until the halving & what it usually brings.

2.) We went too too high, too fast. People are selling, weak hands losing their balls & we’re going back to anything from $6,000 - $8,000.

Mr. Obvious...... Tell us something that we do not know.

There is always a decent chance for BTC to experience a pull-back, whether in a couple of weeks or otherwise.   


You seem to be limiting yourself too much in a kind of framework, which causes you to think that bitcoin has to behave a certain way in order for bitcoin to fit your way of thinking.. but maybe bitcoin is something that is a bit different than you think?  Maybe s-curve exponential growth does not require bitcoin prices to go down before they go up?

That’s fine and may well happen. But don’t short it. We have moved from a baby bull market to a toddler bull market

Toddlers have not developed higher cognitive functions and so are prone to irrational fits of rage.

We appear to be heading north again this fine morning.

We are defying the laws of physics here.  Not a meaningful pullback since $4k.  

Am starting to think we will cut through $10k like a hot knife through butter.





Edit:  actually the pullback from $8k to $6k was decent

I've already stated that I'm worried if there will be any type of economy left to spend metals in when the Jewish, usury debt bubble implodes.  There might just be martial law or global Venezeula.  Bitcoin will definitely be completely useless.  Odds of some sort of a cyclical dark age are pretty damn high.  Civilization is overly-complex, overly-specialized, and lacking redundancy on a local level.  

When an overly-complex system collapses, it does NOT magically shift into an even more complex one like craptocurrency.  There will either be a hard landing and a dark ages, a hard landing and back to metals as money, or the typical Jim Rickards and others style claim that the system will go bust, they immediately initiate a new Bretton Woods, and right then the price of gold instantly goes from what it currently is to $10-80k with silver also at some astronomical number and life goes on.

I do not see any circumstance in which the system goes bust and bitcoin is in any way usable or has any type of value.  Metals are the Schelling point of money and what receive all the wealth transfer from, not shitcoins. There are also massive govts equipped with nuclear weapons like Russia and China who have already cast their vote and it's metals as well.  The only people attempting to push digital shitcoins are the Jewish occupied, western govts (who are being defeated left and right) with evil kikes like Larry Summers telling people to buy them (for their own good of course and definitely not some ulterior motive).

Skip all the bullshit mental gymnastics to try and explain this.  All that matters is that EVERY craptocurrency is nothing but a valueless pump and dump and it's easier to both corner and pump and dump smaller cap coins.

Well, very nice to see this rally. However, even if this is a suckers rally, that low 3000 area looks fucking solid. I've stated on here before that Bitstamp's order book is a strong indicator telling us where the bottom is. Why I think this, is because Bitstamp is what seems to be an honest market and has no margin or shorting. When the price was at 3200 you needed about 2800 btc to be sold to take the price down to the 3000 level, but, if 2800 btc were bought the price would go to 4400.

At the 6000 level the order book was actually balanced between the buys and sells, hence it could break down with relative ease, in comparison to the 3000 level. There is massive buy support at the 3000 level and very little selling support. It's simple, not only is 3000 considered a good level to buy, we also get twice as many btc for the same amount of fiat compared to the 6000 level. And the sellers obviously don't want to sell at that level because what's the point, they have already lost over 80% from the highs, might as well just leave it to be lost, or hope that btc repeats it's historical patterns and booms again in a few years.