Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
The bottom is not in.
This isnt about price, its about time. We havent had enough time to digest the last bull market.
We will hit absolute bottom between here and mid-2019. I cant give you a price target because its not about price.
This isnt about price, its about time. We havent had enough time to digest the last bull market.
We will hit absolute bottom between here and mid-2019. I cant give you a price target because its not about price.
Very good thinking. Most ppl concentrate on price, and it is important to get away from the herd ideas.
If bottom is in early/mid 2019, that would put the next high around 2021-2. Hunker down is in order. Better to find something else to think about for a couple years !
Even if this possible scenario were to come true, wouldn't there be a way to profit from such scenario, rather than going away for "a couple of years"?
Wouldn't we want to attempt to buy more on the way down to the bottom in early to mid 2019? And of course, there might be other actions that can be taken, too.
Certainly, I am not against any kind of attempt to plan a more passive approach to BTC investing, yet it seems that there is only a certain amount of confidence that can be put into any scenario, even the most likely of scenarios, and further it seems that even the most likely of scenarios never really end up playing out - unless the specifics are really broad and just an outline of real long term likelihoods.
thats something i really like, the moment when all scenarios are pointing one direction, then its very possible for BTC to do the total opposite
