Post
Topic
Board Speculation
Re: I just sold all my Bitcoins
by
harizen
on 17/01/2018, 16:35:06 UTC
Just kidding. At under 10k, it's a steal!

We might have another wave of panic-selling, according to the TA, which would bring us to $9k or lower, and then we'll follow up with a recovery to 5-digits again, and take off after that.

TA shows this is a very healthy consolidation, and that we will never be sub 10k again.. at least not for a long time after this.

Mark my words... a few more days, with possibly one or more waves of panic-sells, but then we will go back up!

HODL on.

If a person knows how to deal on the situation like this, then surely they have some sort of analyzation on what will be their next move.

Technical analysis is just a reference but overall, a one quick sudden event that may trigger massive pump or dump will spoiled all the technical analysis even how professional and backed up it was. So in here we can conclude that it's really reasonable to continue holding those coins that are fit for long term holding even it's already showing a negative profit on our side.

Id rather sell early when the price is on massive pump rather than sell it when in the middle of bloodbath. Let's see what will happened next.