Some choose to not believe anything that anyone says.
And what do you say?
(you gotta be highly suspicious of the group that shout the loudest, especially if they are pretending to be do-gooders out to "help and inform you" they claim they are not effected in anyway, but just on a mission to convince you of their truth. Empires have always claimed to be bringing civilisation to the savages, for their own betterment of course)
TL/DR Trust NO ONE
This involves the danger of being isolated and -believe me- this won't help you evolve (not personally speaking). A group of "not so trusted" people are much better than a "trusted" one when it comes to progress. Besides, all the great achievements are based on a "quantum leap of faith". Yes, there's the danger of you getting burned by your "entrusted" ones, but imho, it worths the risk.
You can take on information without 100% trusting what any outside source TELLS (or invites) you to believe.
Then you have the best of all worlds.
I totally agree, it's just been a lot of bear grumbling here today so I thought perhaps you had something to add.
Although I see some of the signs of this going to smack to the ground, there are things that makes me feel like we are being played here.
If you look at the movement (
http://bfxdata.com/combined/btc.php) from 20.00 to 24.00 on the 19th of March, which is followed by dead silence, that looks... And the sentiment at the time from everyone who is dead sure now was "WTF???", which tells me we might be staring at a trap, hopefully for bears.
Then again, I really want this thing to go through the roof so I am quite biased.
Medium term I see
R3 334
R2 303
R1 276
P 261
(250)
S1 245
S2 220
S3 186
S4 163
(broad strokes ^ I do of course see other possible smaller resistance levels between 276-303-334 etc)
Short term I think we are being led by the nose, I do not trust the order books or charts, feels like something is afoot, maybe a mini spike followed by a mini dump... all depends on how 250 holds up.
Personally I am stocked up, and in position, for a move eitherway, have dry power IF we dip below and break 250. Then I will be looking for first entry point 220-230 ish for a short term trade.
I have a leverage long position open from 252, already taken some profit, and if we dip to 259 it will close out, and I will look for re-entry further down, and will pop in fresh fiat if we convincingly break below 250, if we head down towards 200 I will throw money at it. If we go minus $200 I am in position with fresh fiat to catch the knife at several stops on the way down, both to add to stash, and attempt to catch deep dips with leverage longs. To the upside, I will consider taking 2nd profit stop at 270-272 , depending on how we get there. Then look to reconsider, if we break 270 convincingly I may keep her running and add to the position for a short term trade, looking to run on 300 again.
Long term, waiting to see if we have had the bottom or if we are going to paint in another low before a leg up.
Holding 70% stash in cold storage + some out on loan + Tarding with 10%
Looking for news over the next few weeks.
(Also if the stock markets, bond markets and the dollar, euro, do not chuck a total fit this year, I will eat my fucking hat)
Poll
