Quote from: HairyMaclairy on January 24, 2018, 01:40:37 AM

Ok. They broke me. My key indicators are pointing downwardsly and I recall 2014 only too vividly. The thing that has really troubled me is the emptying of the mem pool. Rightly or wrongly I am interpreting this as sharply reduced activity consistent with the low volume rallies we are seeing with price.

I took some profit out of the market around $13,500 and have done so again. I am working from a zero adjusted cost base and have never before felt so goddam guilty taking profit. Shitcoins never made me feel like this.

Still hodling a majority of the stack and using a good wedge of the fiat to progressively buy back in as well as ramp up my bear trading activities. Other portions are allocated for tax payment. The balance will go into other long term assets including property.

Scenario A is badger bounces and goes straight up from here. I accept I may be forced to buy back higher but will only do so on retracements. Scenario B is we continue to grind down. I will be buying back in increments and doing some fancy stuff on the side and hopefully ending up with a much larger BTC balance soon enough.

I remain very bullish on BTC long term and love lightning but I think we have some short term issues to work through.

Now THIS is the kind of capitulation talk we need more of.

The trend is down.