Re: Say bye to Triple Digits

Seems we haven't quite yet left the triple digits behind for good.

and it seems it might still take a while longer before we will.

Aaand we are on 4 digits again.. Cheesy

It starts to be quite exhausting to say good bye and hello to the triple digits all the time again and again. Grin

But seriously, there will still be probably some kind of oscillation around 1k btc before the new bottom will move above that level. Good thing is that we could see, that even when there was a thread of hard fork or ETF approval, we didn't get very deep and we can say that $900 is a reall bottom right now. If you compare it with 2014, bitcoin is much more stable than it used to be back in the times. Cool

Some price fluctuation is good for traders. I don't mind it as long as we trend upward. In fact, a slow rise with fluctuation is probably the best scenario.

The recent pumps and dumps of bitcoin it's heaven for experienced traders, because (without no offence to anyone) current market is full of noobs driven by emotions which panic sell with every little price change. And those pro traders, who then buy low are laughing hard. Wink

-400$, muh its heaven Cheesy

If you consider yourself as an experienced pro trader, your current situation shouldn't bother you at all, because then you would know, that sooner or later, you'll be in green again. If you check your bitcoin balance every day and cry with every dip, then you rather shouldn't trade, because it will probably ruin your nerves. Grin

My advice is, don't sell, buy more. Wink

I am still 250$ in profit on each coin i have. But i think we are going lower. Trust seems comepletely lost and the market failed today to break the bearish pattern.

Just wait for some official news that any BU hard fork won't happen anytime soon and you'll see how quickly bitcoin willgain its trust back again.. As I said - sweet sweet emotions! Grin

But I understand your frustration, these situations will definitely slow down bitcoin price growth.