Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
tabnloz
on 16/01/2017, 20:36:10 UTC
^ Thanks for the wise words old man, I like the temporary pawning thought.

I thought the next top would be around $6k, but some of the Elliot Waves guys disagree:
https://medium.com/@coinscrum_75299/the-fractal-relationship-between-bitcoins-first-two-bubbles-and-what-they-might-tell-us-about-a-acd81d3b2b92#.qfe8ak8xg

I am getting convinced selling almost guaranteed makes you miserable: You sell too early or too late.
Greed is a bitch.

Hodling is hard work. The sentiment of the market gets to everyone. I can imagine the regret of those who survived the $2-$32 bubble and then sold before the next spike amidst the doom. The threat of failure is always there but as you pass through the boom/bust phases your downside becomes less and less. Im always trying to reinforce the train of thought that the amount of people who have heard of Bitcoin is still relatively small and further those that know more than they hear on the news is even smaller.