Post
Topic
Board Speculation
Re: Speculation Rule: buy when others are irrationally pessimistic or too cautious
by
Herbert2020
on 29/10/2016, 08:25:45 UTC
Poloniex is getting slammed. The pages will only load sometimes. Panic altcoin selling, BTC buying.

I actually find it funny how all the altcoin lovers that preach against Bitcoin being slow and not profitable enough, are now selling their so loved altcoins for BTC in order to benefit from the increase lately. Cheesy

that is what hype looks like, they keep saying our beloved coin is going to replace bitcoin and they literary milked the blocksize debate to to pump their coins and now look at the market Smiley

Best time to buy was triple bottom @180.

Most gamblers bought around 600-1000. So we will see resistance very soon.
Tbh i expect us to visit 660-680 again.

that best time (@180) is only working for the log term holders who are not planning on selling their coins this soon and they will keep holding for at least a couple of years more.

for the rest there have been so many other opportunities since last year to sell and buy and then sell and buy again. the most recent one was the $100 drop because of bitfinex hack