Post
Topic
Board Speculation
Re: +$20 in the last 24hrs...
by
harizen
on 02/05/2016, 11:04:30 UTC
20 dollars up and 20 dollars down is absolutely nothing for anyone that has been around in the Bitcoin game for long enough. Once you experience what it means to grow at 100+ dollars per day, then you will understand the real power of Bitcoin to trigger people's FOMO (fear of missing out). This summer points like it will be a new demonstration of this.

Yup nothing to get excited about here, we have to chill & have patience, then we'll be rewarded. This is nothing though.

That is right. The price also dropped $35 in 24 hours. Some big whales are still inesterested in accumulating at cheap price.

Whales have been accumulating their coins well below $400 prices. Every market action you see now is purely done to shake out weak hands so these whales have a free road to get the price to a certain hight.

That is obvious and really present in every price hype. So while they are doing such action we must take advantage of it whether the price will increase or decrease. It helps us make some acquiring coins again when the price dips and take profits even for a small margin.