Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 17/08/2017, 08:01:24 UTC

On topic: Not sure if I need to buy or sell. I'm hoping for a dip before 22nd which tempts me to do a short but I'm scared if I could get rekt.

You seem to be gambling way too much with your crypto, if you are cutting your cashflow with those kinds of tight timelines.

It seems to me that guys need to have a pretty solid idea of their cashflow and attempt to have it figured out for 6 months. 

Of course there are going to be crunch periods, but in a crunch period, your cashflow should not depend on the performance of BTC.

Accordingly, in the past 2 years, we have had more than 16x price appreciation.

And from the beginning of the year we have had more than 4x price appreciation.

I think that the point that I am getting at is that these kinds of price appreciations should allow enough accumulation of bitcoin's and cash (especially cash, because we are at an upwards point right now)...

anyhow sounds like you are overinvested and you need to sell a little bit so that you do not stress about it so much, and if it goes up sell a little more... if it goes down, buy... and everything will work out fine. Cheesy Cheesy