Post
Topic
Board Speculation
Re: Analysis never ends
by
Lady_Luck
on 18/12/2013, 01:33:22 UTC
So many bears in here its crazy. Please tell me one good reason that doesnt involve an imaginary line why the price is going to go down farther than it already has?
Edit:
Heres an imaginary line.

I don't consider people in here either bullish or bearish, that's why one of the greatest quality of people such as Masterluc or Brisance is to be reluctant at giving mid-term to long term price target. It's more about sharing opinion on the more probable scenario.  
Nothing's wrong with failure, sitting one out or thinking that price are more likely to decline than rise.
Respecting your fellow trader is essential, whatever method they use.

A common opinion seem to be that it's risky to not own bitcoin, while it's mostly true, I personally would prefer loosing a dozen on a bad downtrend  call, and buying back higher, when I actually have a confirmation of support below this new entry price. Right now, I haven't seen this confirmation yet.
So once again, to people commenting here, please again, understand there is nothing wrong with being cautious. It's not an antonym for bullish, but being prepare and open to various case scenario.