Post
Topic
Board Speculation
Re: You might be in a bitcoin rally if...
by
jondeen707
on 29/12/2016, 09:26:07 UTC
If sell at the bottom of every correction and then rebuy as a new high is made and you are still way up on your trades, you might be in a bitcoin rally


Sign of a rally:
I've had several people ask me about bitcoin recently.  They know I am involved with it because I have recommended it as an investment for a few years.

They are good traders/investors, trading stocks, options, and futures but not crypto to this point.

I don't take their interest as a worrisome sign of a bubble.  These are serious investors, not greater fools looking for a quick buck.

I've been going through a very similar situation with several serious investors taking a profound interest in bitcoin. I think that this is all in all a good sign for bitcoin. On the other hand, I hope that bitcoin ETFs do not hit the market any time soon as bitcoin is not ready for it yet.