Post
Topic
Board Speculation
Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore
by
TheKoziTwo
on 24/10/2013, 22:20:37 UTC
I really wish people would stop worrying so easily (and stop expecting price won't jump around). Learn to shrug off volatility, because it is NOT going to be a smooth ride as we go to $10,000 or $100,000. You'll get shaken off unless you're made of steel.

It was obvious we had to take a breather. Double-exponential growth never lasts. Exponential can, but not double-exponential. Hanging around the $200 mark for a week is required in order to get back onto the exponential trendline, which we got ahead of. We of course won't sit exactly at $200 but will bounce around a bit. It's just killing time until the rise continues.
Lost a lot of money by holding, but this crash feels great. Now I won't need to be so scared as we push through the ATH. Let's consolidate around $200 for a while. I'm feeling really bullish.

Yeah, don't worry