So how far down do you guys think its going to go? I sold at a profit at 2780 and waited for it to drop to buy back in. My goal was to keep trading until I made enough from profit to hold. So I kept seeing it fluctuate and finally bought back at 2640. Later that day it started going down and it hasn't stopped going down. I"m not going to sell because I did that before and lost $ but every minute it keeps sinking. Of course I"m thinking if I only would have waited and bought in now but you just can't second guess this stuff. Any suggestions?
No one can answer that question precisely
If things start looking really nasty, 2,000 dollars per coin will look nebulous. Other than that, you should have waited for at least a 20% drop. This is what Bitcoin volatility is like today. Obviously, you fell a victim to the FOMO beast. Remember, it is always better to cry in a Cadillac than on a bus, and it is always better to cry over imaginary profits which you didn't earn than over real losses that you actually suffered