$666 took quite some time
$1500 (previous ATH) took time
$5K will take time

Taking profit is part of the game. It also lets in new traders. Breaks down whales.... all good !

$1500

I believe $10k is a cashing point for many so it will be a hard barrier.
10k in 2017 is a bit of a stretch but I hope it happens.
100k in 2018 and I'm retiring

Bitcoin is back in business and getting hyped again.
You always get the gamblers pushing the price up to absurd prices.
Then some people get burnt and we drop again for a while until it stabilizes.
But then again I don't see crazy spikes only crazy growth.

Due to the gamblers I believe we will hit $5000 pretty soon if they go crazy enough 

*fap* *fap* *fap*

My 2 cts

Bitcoin is generally going up but we all know that if it climbs too fast it will correct itself.
I believe the climb is going too steep at the moment. We have gone up 10% in 1 day.

Also there will be people cashing out.

Thread can be closed ... Mark hit 

Simple information

1. Nobody knows so if you ask you will get 1000000 advices. And remember it's not their money so they can easily give you shit advice.
2. If you have the money then why not give it a try. If you don't invest you will never win (or lose).
3. You might want to consider waiting for the next bear market and try buying lower or just ride out the 10 years hoping this was low compared to the $100k in 2027 ;-P.
4. Waiting 10 years is a good plan and I believe it will either be at least 1000% higher or extinct. But I would read up on Bitcoin and make an educated guess on when to get out.
5. You could do a phased buy. Buy 0.1 BTC every week or month. This will give you an average buy rate.
6. Look at the history charts and try and see patterns.
7. Greed kills so don't make any rush judgements.
8. If you still want to do the 10 year plan then stick to it and don't get scared even if it goes down the shitter for a while.

Anyway. Read up and make your own plan and stick to it.

I think that bitcoin will be >1000% higher in 10 years.


I have been in Bitcoin since 2013 and my plan has been to hold until 2020.
My reasoning has been that the game will change when mining is no longer profitable and only few coins are to be mined.
I have tried trading with 1 BTC and lost most of it, but learnt a lot about trading.
Now I view my BTC holdings as a lottery ticket which has a high potential of winning the lottery
So in essence I am running the same plan as you are and I believe a lot of people are doing that too.

In the beginning I was a bit scared seeing it all plummet but nowadays I don't care. I forget about Bitcoin regularly and don't obsess on it anymore.

+1

Don't even try riding the waves unless you're a pro.
Don't use stop-losses they will kill your account.

You are already making a few percent a week with this volatility so don't get greedy and just go safe and hodl.

GREED KILLS AND HODL WINS!!!!

We will see some major dumps on the way upwards.
Hopefully we don't see the Whales of Despair dumping and causing fear.

If all goes well then $2500-$3000 should be within our grasp in oncoming month.

The bubble is coming again and we have a streak of good news.
It will go crazy up to $5000 and come back to a conservative $3500 1-1-2018

I pulled this out of my magic hole

Yep, I'm also HODLing for the last 5 years or so....
It's funny to see people panicking when bitcoin has it's bigish fluctuations.

I don't think you will easily flush out HODLers that have gone through the last two bubbles.
We know Bitcoin is here to stay and we are already in the winning position no matter.
You can only flush us out by pushing the 10k/btc boundary 

As I see it, having Bitcoin is like having a lottery ticket only with better odds .

Yup. Have a goal and get out with a profit. Don't keep on gambling.... GREED KILLS.
I'm in for the long run but have a specific date and price for which I will cash out.

Go to Bitcoinwisdom.
Look at the 1w chart.
Load up the BollingerBand (BBAND)

You will see that we are still on the top side of the bollinger band.
The "fart" did register but is nothing to worry about.

I've seen "farts" pushing BTC to 3100EUR for a millisecond.
I've seen "farts" bringing Bitcoin to it's knees for a millisecond.

I've seen Bitcoin fluctuate way more than this and have learnt that the only thing that matters is your long-term perspective on Bitcoin.

If you are so jumpy then get out of Bitcoin ;-)

A whale probably made a boo-boo (aka sell-order instead of a buy-order) hahahah

Stop analyzing every bump and fart on the chart ....

Another panic thread *YAWN*

Yeah why not ...

You should take into account that there have been quite some halvings and they are becoming more rare.
Also Bitcoin is getting adopted and is getting more stable.

Hopefully we will soon be talking about mBTC. This will change the human perspective and might push Bitcoin to new limits.


Anyhow ... grab dem crystal balls and pull TA out of it

I'm going for mostly pink (last bit of pink line is not what is going to happen).
Basically the trend will follow your green band bouncing between the upper and lower line of the green band.

1500% ROI I would put my feet back on the planet 

The halving was long coming and has been calculated in before we hit the halving.
So I don't think the halving has much to do with this.

If you bought at $1100 in 2013 you might be happy just getting your money back.
If you bought many BTC at $1 you might cash out and live a rich life.

But then again I think this might just be a healthy correction due to the steep rise we just encountered.

LOL leaking market cap hahahaha 

There is an undeniable stable and positive long-term trend on market cap since 2015.
https://coinmarketcap.com/currencies/bitcoin/#charts