Quote from: Hope_Trader on December 28, 2017, 09:58:53 AM

Quote from: snowdropfore on December 28, 2017, 07:17:56 AM

Quote from: Hope_Trader on December 27, 2017, 10:03:17 AM

Quote from: gentlemand on December 27, 2017, 01:27:36 AM

Quote from: kamuy on December 27, 2017, 01:23:44 AM

New post

https://vk.com/bitcoin_vanga

Hey, for once google translate made that largely comprehensible. Perhaps everyone's desperately correcting his posts and it's slowly getting the hang of it. It looks like he thinks it's business as usual so largely up and falls at this point are no big deal.

"Greetings to the misters "The bubble burst". I've heard you dozens of times in six years."

he suggest 10k retest first from here, and 8k may be too low to expect, or may feel quite bearish, but still a positive buy.

This is why I suggest sideways/further correction afterwards, further touches of 10k or below would be quite a big event compared to previous corrections in the year. Also a very large amount of money has flown to alts such as ether for this upcoming long trade in ethbtc. This may take some steam out of the sails for btc for a few months or so.

no matter how price will go down or up ,holding is the best chioce ,and when the price hit the $70k,i think i will sell some of my coins .buy a big house and a nice car.

you basically just said "if the price goes up or down, holding is the best choice, but when the price goes up, I will sell"... makes perfect sense to me! Wink

some of us like to actively trade to increase various possibilities. If anything it helps in the long term identifying if 70k is a good level to sell at. I have to admit, it was very hard for the first year or 2, swings in balance are inevitable. It gets easier, and holding is not necessarily the best option when competition takes money away from btc, even if that's only for medium/short term. I know someone who does put his btc into alts from time to time, so he is at least holding something other than cash. His approach is always to accumulate more btc though.

One very good investment tactics would be, to diversify one's portfolio and use BTC to gauge ROI. This way, once BTC slumps, you can have alts to depend on.