Post
Topic
Board Economics
Re: Why You Should Never Sell Your Bitcoins Ever
by
winterland
on 19/09/2017, 01:41:38 UTC
Looked at the weekly chart and I am afraid to hold. That's why I sold.

Bitcoin price has gone too high. If the traders on this market really follow TA indicators, I think they should have a look at weekly chart.

I know that many of you revive the past and predict the future. But, what if it's a black swan?
There is no need to attend weekly price chart because they do nothing good than creating chaos and panic among the investors. I only visit charts when the prices are going up and then cash out my bitcoins. Bitcoins are supposed to be treated like long term investments. You can’t make good money if you keep checking weekly charts.
This, if you look at the weekly charts you will see all kind of anomalies that will make you think that holding is a bad idea but since holding is a long term strategy then you need to look at the chart that has all the story of bitcoin and if you see that the pattern is very clear, a strong tendency to go up.