forget common sense....tell us what your dreams say...
Not had a good lucid Bitcoin dream since the one where Bitcoin was trading at $190 for a split second, and the next moment I looked, Bitcoin was trading in the $700s (Bitcoin was around $440 when I had this dream) and I just spent the whole time in the dream being unable to accept the price action as genuine.
https://bitcointalk.org/index.php?topic=581956.msg6642826#msg6642826In the thread I analysed whether the dream could be indicative of a turn in the market that my bearish emotional bias (at that time) was just not willing to accept. This turned out to be bang on the money and when Bitcoin broke above long term trendline at $460, I was only ever cautious bull, exiting the market as early as $520 anticipating pullback, and then in and out the market like a Yo Yo. Had I just held my $460 until this very day, I would have taken some
200% more profit than what I ended up taking from the market.
I was long Bitcoin a few days ago at $670. I had a dream that Bitcoin crashed right to $621, but when I looked at the charts again, it was back up at $676. I exited my trade. A flash crash did indeed occur (and indeed to $621......the numbers in my dreams are never correct), and I was in and out several times, at a loss every single phucking time almost, only to watch the market creep right back up to my entry position. I am a shite trader, and I know it. For this reason I ask myself. In the medium term, do I think Bitcoin is going up or down? Since I think it will go more up than down from here, I have just taken my $660 position and am done with it.
In the off chance that you weren't just being sarky, it may be worth reporting that I am not getting any spooked out Bitcoin dreams at the moment like I was getting right through the bear market and actually just before the bear market. So even though common sense tells me that Bitcoin will most likely correct at least $70 from here, my subconscious mind is for the time being, not scared of Bitcoin.
