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Author Topic: Never below 10K again... well that didn't stick - Food for thought  (Read 486 times)
dodgrad
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November 23, 2019, 04:23:16 PM
 #41

Year 2014 - 2015 everyone thinks bitcoin will touch back 2 digits around tens of dollars, but only play low hundreds of dollars with 3 digits until finally 2017 goes to 5 digits, but right now we are still playing 4 digits under $ 10k, so maybe some next year it could be that we will no longer see 4-digit prices like we did not see before bitcoin no longer touches 2 digits, it looks like this is the last chance of bitcoin under $ 8000, but this is only my speculation, I don't expect my speculation can be achieved
I think people are free to make speculation, and i respect to yours. Maybe for who believe bitcoin price will increased, they see the timeline. Actually i am one who believe bitcoin price to increased too. Because since 2014, if seen as whole, bitcoin price move positively or at least maybe a lot of people who bought at high price when last pump, have big hope and will do something too to get their profit back.
Yes those who lost and left behind holding bitcoin bought it at a high price at the end of 2013 saw in 2014 then prices dropped dramatically, so who can survive he who wins holds BITCOIN and sells it in 2017, they became rich people before, so now I see a lot of people will pick up cheap bitcoin prices for the next 2 years
Patient is good, take any chance that we can get is good too. That is what i learn from trading. Like this time when price dumped, if people want to buy, good time to buy. Better than see price pumped and we late to buy, and then get FOMO, and then buy when in high price. Actually simple thing to say,  but in fact, it is keep happen and happen again.

This always happens. The richest investors always say: buy when the market is bleeding, sell when the barber tells you that he wants to buy. No matter what happens in a week or a month. The most important thing is to be patient and wait until the next bull run begins and sell with profit.

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