Quote from: 1Referee on November 27, 2017, 04:15:12 PM

Quote from: BillyBobZorton on November 27, 2017, 02:52:24 PM

It will either fail to cross $10000 and we will get a dip for a next attempt, probably next year, or we will cross $10000 and then go straight to $11,000-$13,000 or something along the lines.

That. I just in case took profits at the moment Bitstamp has broken through the $9500 level, because I rather have a decent bunch of fiat aside that I can put into action in case the market doesn't break the $10,000 level and corrects. If the market is going up further, which may also happen, I have enough coins aside that I can sell at higher levels. That's the benefit of cashing out smaller fractions per time.

Quote from: BillyBobZorton on November 27, 2017, 02:52:24 PM

I think it would be better to correct before crossing $10,000, but the bull market is so strong that I think we are just going to the moon.

People have been waiting for a correction to happen for quite a while now, and it still has to come. I have never experienced this market in current strong bullish sentiment. Most of the things from the past don't apply anymore since we're dealing with various freshly contributing aspects. Happy holding people!

I would rather just hold... I don't even want to consider the headache that is having to track and list every trade you do and get it taxed, it is insane. I don't know how it is in your country, but (I think) in my country there is a tax for each trade, including altcoin to altcoin trades, it is indeed insane, im not sure how any of this works so im simply holding long term. I don't want to waste money trying to trade, in taxes, in accountants, and probably end up losing money because bitcoin always goes higher than one expects and you always fuck up trying to get back in. I will just hold and hope for the best.

I think the longer you hold, the less taxes you pay, and definitely in some countries you only pay taxes once, when you convert to fiat in your bank account, but in other countries you must pay tax on every single damn trade. I would go insane if I had to do that so I will just hold the damn thing.