Post
Topic
Board Speculation
Re: Bitcoin in sale, buy it now and HODL !
by
Itty Bitty
on 05/02/2018, 14:03:06 UTC
So who thinks like me and says I am holding and buying now and may be there are more reasons to buy?

i am hodling, .... duh! look at my name.

but i am not buying bitcoin at the moment mainly because i have already done all my purchases so i have some bitcoin already and this month i am keeping the money i usually invest for a little longer. and also it is because there are still a lot of FUD going around so i am in no rush to jump in.
i'll probably start buying next week though Tongue


Yes, you still need to wait or buy parts. The BTC may still fall.


Yes unfortunately all shorters  (real bitcoins shorting, not CME or CBOE options) in the last month are probably profitable, so it is easier (financially less pressure when you're in the black) to double down and keep the shorting pressure up. I have a feeling bitcoin price will be crushed by this swarm of shorting locusts  beccause they are already very profitable and they can just press and press and pressknowing their bottom line will be in the black. I wonder if this is why 7500 probably is not holding. It looks like price may drop until masses of Joe Averages can really afford to buy in. Maybe under 3k? 2k? Short term looks bleak. Disclaimer: I am just totally an amateur regarding markets, don't want to talk you out of buying now and then watch a sudden turnaround to the upside.