But to be honest, we have had a great growth since the very next day after my "capitulation" post so I don't see any reason to uncapitulate yet. Plus we are not really out of the woods. Bear market is probably not dead yet no matter if we already saw the bottom or not (which I really don't know for sure).
I am starting to get the feeling that you, bitserve, are trolling us with your capitulation status, for effect.
My "capitulation" post was truly honest and a fair representation of what I was feeling at the time. Of course, even then, I was hoping to be wrong (in fact I state exactly that in the post). After that, we have had some "fresh air" in the form of a nice price growth but, even if sometimes my level of hope raises, I still fear the worst and know there's no reason to think we are out of the bear market. Yesterday events prove my fears are not unjustified.
Of course any of us who went through the bear market of 2014/15 and/or the downward price movements of 2018 feel a level of shell shock - but there is also some degree of normalcy in UP and DOWN price moves, including yesterday's. In other words, we are not likely to go up until there is a considerable amount of back and forth in the price... And, I agree that we are no where close to being out of the bear market... give me supra $5k and I might begin to feel some confidence and give me supra $6k and my confidence goes even higher.
So no, I am not trolling, even if I am being INTENTIONALLY cautious in trying not to be carried out by the joy (FOMO?) when a pump comes. As I said, we are absolutely NOT out of the woods, so my "capitulation" status will remain until further notice.
Let's be clear (again) that I am HODLING. As always since when I started in 2013 (with small amounts back then, unfortunately).
No buying plans? sub - $2,500 perhaps?
Currently, my buy orders are resuming in the sub $3,700 arena... after a bit of a hiatus due to personal cashflow issues... but feeling prepared for DOWN... even though UP is so much more preferable... but reality of several months seems reasonable.
By the way, there is so much feeling of DOWN out there that it could be the opposite and merely BIG players accumulating shitloads of the weak hands here... Any weak hands even left? Perhaps the bearwhales have to dump another 20k coins in order to find out if there are any more weak hands remaining to purge?
Let's also make very clear that I have never been a bear market buyer, so DYOR/YMMV. Neither a FOMO'er (except when an ATH has JUST broken). I buy when I sense a bear market is over and stop doing it (with "fresh" deposits) when I think things are getting (way) out of hand. The rest of the time I just let it run as a happy hodler... besides some volatility scalping here and there.
So, hypothetically, if the bottom is already "in" at $3120-ish, then you may end up buying on the way up? or maybe 6-9 months later if BTC prices are still in the sub $5k arena?
P.S.: I have updated my profile to make it more clear. I have finally found an use for that feature lol
Ok.. that notice should be helpful to figure out if or when you are out of capitulation status.
Poll
