Just deposited 250 Euro to buy some BTCD
2 da moooooooooooooon
this could be the sign of a short term peak, I am serious. Please calm peoples. Prices go in waves and we are on our fourth consecutive up wave, with confirming volumes and accelerating long term moving average. Now five in a row is possible, unlikely, but possible.
if you think of terms of flowing water, then it will be natural for things to slow down, but at the incline of the 1 week green line on bittrex, it will be .008 by the time the current wave slows and maybe it comes back down to that level or maybe it just goes sideways. This will be the key test, when the price and the green line get close, is the price action bullish or bearish. That is a good indicator if we will finally get a down wave or another bounce.
rocks fall when you throw them into a pond, right?
what if it is skipping on the top?
never guarantees, just probabilities
After the first .007, I said if it retests and breaks out, it will go up. It did breakout and it did go up. So with this much new money coming in, sideways is the downwave. I heard many people were waiting for price to go from .007 to .004! I even thought it could go to .0055, but it bounced strong off of .006
so be careful, when in doubt hodl
I am not selling any until we pass DOGE maybe not until we pass DRK, but that is me and I only sell so I can pay some fiat bills. The longer I can wait to sell, I estimate the more fiat I will be able to get for it
James
P.S. for those that want to learn basics of trading, nobrainertrades is a great resource