Post
Topic
Board Speculation
Re: Take profits now!
by
BitFinnese
on 14/04/2017, 23:26:39 UTC
The momentum is dying out, its time for a profit taking if anyone wants to make 10-20% and buy back.

http://bitcoincharts.com/charts/btceUSD#rg180ztgSzbgBza1gWMAzm1g10za2gWMAzm2g25zxzi1gCCIzi2gMACDzv

The way things are going, there is more money in dumping/buying back than just HODLing.

I agree there is more money in selling and buying than just holding Bitcoin but there is more risk in it too.  Once the selling timing is bad, it will only lead to losses.   So basically to be able to take advantage of fluctuation one must have the skill and knowledge.  Having knowledge is easier than having skill or understanding the market.