Post
Topic
Board Speculation
Re: Take profits now!
by
chaser15
on 15/04/2017, 19:03:12 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.

If other traders doesn't execute it early then just hold some while at the same time add some quantity of bitcoins to make some opportunity to purchase coins at low price to consider by others.

Going back to this current price rate might seem not to repeat once there is a big pump that will happen again especially it will start at close to $1,200. Sometimes there is a growth of 20% or even more to the initial starting line before hard pump. We are not erasing the fact that same goes to price hard dump. But likely, bitcoin price will still recoved as it was happened many times even after a major negative news.