Post
Topic
Board Speculation
Re: Bitcoin surpassed $300 USD.
by
Timeline
on 31/10/2015, 16:50:35 UTC
In current circumstance everything seems great but it is still better to be cautious.
I was planning to buy some but this sudden rise made me worried for bigger drop.

I would thread cautiously as well. The best indicator should be coming during the few weeks ahead which should give us a signal whether this increase will be sustainable. It will give us a hint on the direction that it is moving towards. If it continues to go up, we should see a breakthrough that will bring us to a new high and support level.

I agree. Fomo buying is almost never good. I learned it the hard way with BTC and some alts in late 2013.