Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore
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.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.
Yeah, don't worry
May do some vids again later, but it's quite hard to think of anything good, guess I'm waiting for the right moment.