Post
Topic
Board Speculation
Re: Take profits now!
by
Pearls Before Swine
on 15/04/2017, 05:02:17 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've sold some coin at the top already so I'm not that concerned right now. Worst situation for me is that bitcoin crashes to sub one thousand dollars and I lose some of the profits I made from buying at 700, that's all.

But it does seem like that the moon island is changing right now it is starting to move sideways instead of going up every day it is interesting that we have never broken $1,300 and stayed above that level it's interesting to see when that would happen actually.

If it does drop below 1000 and I'll be the first person to buy in lol
Yes, you're one of the fortunate ones who bought at around $700.  And dammit, I remember when bitcoin was sub $200, and I was fool enough to resist buying.

I disagree with the OP here, brcause I don't think the momentum has fizzled out.   We're just taking a breather like we have been doing for months now.   I still think it's a good idea to buy.