Time to fulfill Afrikoin's prophecy.
I'm already sold out and waiting for $750.
Not 100% on 750 but I'm in fiat unless it pops up convincingly through those walls. It's been a bit of a slow grind down so we'll see where it bottoms out. I hope Africoin is correct.
JJG thought I was a reckless gambler when stating I had gone all fiat @ 1200 USD. I see no reason to play bits of this and that and percentages. I go with momentum and and have no problem reassessing my position and changing if need be. Not panicking and buying back when it went higher than 1220 took some restraint but I was confident in the position.
You can be confident all that you like, and you can end up being correct in your prediction, but based on your explanation above, it still sounds to me that you are engaging in reckless and unnecessary gambling.
Have you bought back yet, some or all? If not, what is your price point(s) to buy back?
Why take chances and play around with 100% of your holdings when there are a lot of safer and less reckless approaches?
Are you aware that you are trying to rationalise against something that you are ALMOST doing? (there's not much difference between 90% and 100%).
I don't know if the price will go up or down.... just making a point about something I find a bit incoherent.