Post
Topic
Board Trading Discussion
Re: BTC broke all major support lines, and the worse is yet to come.
by
mikeywith
on 29/11/2018, 21:14:14 UTC
For me the current situations looks like a good time to buy. We are risking, it's trading, it's crypto market, everything is uncertain and volatile. Sure, BTC could resume its falls. Momentum remains to the downside, despite the recovery. But we aren't focusing on the coming few weeks only, right? As a theoty, whales that have accumulated Bitcoin outside the exchanges are dumping it on the market to trigger a broader sell and to push prices down. And after prices dropped sharply, they will accumulate some more and eventually push prices higher. So, summing up, no panic selling for me. I'm holding what I have and planning to buy more.
It is most definitely a very good time to buy; there is no doubt about that. One thing I am sure of is that we have a market that is growing daily and is giving a chance to everyone to not have a chance to be a part of it.

It is just very unfortunate that instead of some people to be seeing the good side to getting into the market now, they are busy seeing the things they should not be seeing which is making them all panicky and then missing out on great opportunities like we are having now. The worse may be yet to come, but rather than approaching FUD as a problem, it is always better to approach it as an opportunity.

 opportunity ? FUD ? huh ! what are you talking about. i am not satoshi and bitcoin is not my wife. I want to make $$ . i don't know why are you into crypto if not for that ! . when i said the worst is yet to come and sold all of my btc the price was about 5.7k , it went like 37% down. if i wana buy all in right now, it means i am getting 25% discount. should the price go to back to 5.7k again " the time i started the FUD' i would have at least 36% more btc. if i catch another low, i get even more BTC.

there is no FUD here,i am just an average dude and most people who read my shit are average folks with tiny to no impact on the market, i will always SELL btc whenever the chance is there, i could care less where is it going to the next month or year, my target is to get as many BTC as i can before the bull run begins. cheers