Post
Topic
Board Speculation
Re: Why sell now?
by
ajareselde
on 25/10/2015, 00:28:07 UTC
It's pretty obvious that the long down trend in bitcoin is over and we are starting to head up.
No down trend or up trend. It is just another 200-300 cycle. If you have bought at 220, sell at 300 and wait to fall it to 200-220 again. Buy range is 200-220 and sell range is 280-300.

Well of course it's profitable doing it like that, but what when price jumps over 300 and you end up being forced to buy at a loss ?!
I don't believe this is the time to sell, but i'm now in longer term plan (will wait for the halving and continue trading then). If you think you can do this all the time, you're wrong.