Haven't really made my mind about it but for now I am planning to dump %15-20 of my stash for every $10k increment starting from $50k and make the final blow at $100k.
Also I'll buy back every piece I dumped if the price goes $10k lower from where I sell the coins.
For example;
Sold %20 @ $50k. Now there are 2 possibilities.
A) the price goes down for $10k to $40k and I buy back and increase the btc amount, B) It goes higher and reaches $60k. Then I'll domp et again another %16-17.
If A) happens in the first round > back to hodling If B) happens > again another 2 possibilities A) and B) but this time it's happening @ $60k.
Will probably play that game to maximize the profits till it reaches $100k. Not really decided on anything just thinking. I may completely ignore the "buy back" part too.
I think the trick here is to avoid the unprofitable Scenario 1 and stick to Scenario 2. Scenario 1: Scenario 2: So I'm going to play the "buy back" game only if the price drops significantly, like 75%.
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Some of you may get a kick out of this article... Of course, technical analysis sometimes seems to work, says Janny Kul, who crunched the numbers on hundreds of TA research papers. Likewise, a coin flipped several times might yield five heads in a row. But falsely assuming that the coin’s past landings affect the probability of its future landings is wrongheaded. Indeed, the fallacy even has a name—“statistical independence.” https://decrypt.co/9002/technical-analysis-the-art-of-wrongly-predicting-the-future"Coin’s past landings affect" analogy is stupid. There's a big chance tomorrow's price will be close to today's price, everyone knows that. Tomorrow's price is not "statistically independent" from today's price. Multi-year trend lines also can be useful for multi-year predictions. Even past 2-3 months can be useful, like right now we're experiencing 80 days of sideways. So there is a good chance we'll continue moving sideways for at least another week.
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The first major resistance for the shorterm is marked with the yellow area. Around 10.800 Usd to 11.000 Usd, it depends when it gets there.
Well, bitcoin reacted around $10.950 . Just as we thought, the resistance between $10.800 and $11.000 was really there. Yeah, looks like it.
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I expect/hope 12K to be broken next week.
No. 11k is too hard to break. We got too close and look what happened.
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Yeah, I searched for bitcoin.
Cmon d_eddie stop being silly, show us some clues.
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I just tried google trends myself, and everything is pretty quiet and stable, no spikes.
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Up, Up, Up.
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My gut says: sideways at 10xxx for 3 more weeks, than breaking out to above 12k around Sept 25.
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I predict a violent price explosion within the next 5 days. The spiral spring is charged and ready to release it's energy.
Maybe September 1st?! Missed only by one day! I expected a bigger move, let's see where this current movement will end. Bigger like... 10400 maybe?
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Maybe lucrative at first, but eventually they'll build too many "young professional apartments" buildings in one city, and crash the market.
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I predict a violent price explosion within the next 5 days. The spiral spring is charged and ready to release it's energy. Maybe September 1st?! Missed only by one day!
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...People are people..
..and thats a great song. Long live Depeche Mode.. and long live the growing baby bull market The mooooooon is shining in the sky Reminding me of so many other nights
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18% is the lowest, interesting...
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I'm starting to think we might stay at 10k for the rest of 2019, now that would be super-boring 4 months.
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I predict a violent price explosion within the next 5 days. The spiral spring is charged and ready to release it's energy. Maybe September 1st?!
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To store enough silver to afford a castle, you'd need another castle.
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Oh sure. And since we change our entire body molecular structure every 5 years it's pretty insane to assume the person you have now is the same one as 10 years ago. Things change.
I don't believe that. Scars, tattoos survive for decades, right?
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