Post
Topic
Board Speculation
Re: Say bye to Triple Digits
by
Arcteryx
on 04/02/2017, 23:52:58 UTC
Next stop: MOON  Grin

I wouldnt hurry too much Tongue, it was $1,150 and we thought that we are near the moon destination but we weren't.


We had to stop and unload some of the dead weight (those useless Bears)

There will be some who turn bearish once the price rises. If everybody believes that Bitcoin is going to the moon, who is going to do the selling?  Tongue
We have been at $1000 for more than 24 hours now and the support does feel solid.
Expectations do seem high and everything is looking good up to this point. So there has no need to sell any as the hope of it reaching the ath soon is quite high. So why would anyone would want to lose out holding their coins when all signs are pointing up for bitcoin's price?
Just does not make any sense to do that now. Does it?

if you are a day trader with short positions it may make some sense. although i never like it in times like this because things become much harder to predict.

in any case if anyone sells he has to be prepared to face the consequenses and lose money and if he waits he may have to face loss too. but the difference in waiting is that if you wait and price goes down you can be sure that it will come back up again so it is no all loss.
Well if you say so. Cheesy
All that I know it is time to buy and that is exactly what i did. Grin
But did notice it very expensive to do it when it cost me 20% then when I did it last year near Christmas time.
So yeah. It is time to hold any if you have it and then sell when it is higher in the next 24 hours.