Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Falling below $6,000 last year was where it all started to go wrong last year. The price dropped at an alarming rate after we breached $6,000.
November 5th 2018 - $6,398
December 15th 2018 - $3,179
I dont know about anybody else but that was a pretty fucking scary time for me. Breaking $6,000 would represent great progress & a sign for me that the bear market has long been left behind & we enter a new, baby bull market.
Enjoy gentlemen, this is going to be a very exciting run over the next year or two & Im honoured to be on this train with you all.
November 5th 2018 - $6,398
December 15th 2018 - $3,179
I dont know about anybody else but that was a pretty fucking scary time for me. Breaking $6,000 would represent great progress & a sign for me that the bear market has long been left behind & we enter a new, baby bull market.
Enjoy gentlemen, this is going to be a very exciting run over the next year or two & Im honoured to be on this train with you all.
During the 2014/15 fall down to the low digits, I felt like you with this drop to $3000. I bought some extra coins in the $600s and when I saw that price drop down to $150 it really hurt. And the months of stagnation just destroyed the soul. This time though was completely different, it still sucked, but only a very little bit, because I knew it would go up again and regain my millionaire status. The sucky part was not the paper losses (they would be back) the sucky part was that I couldn't retire this year like I hoped.
You'll cruise through the next bust with a big smile on your face, because, not only will you be retired (if you desire that), you'll know that you're going to be even richer in a few years because the bust has allowed you to buy more cheap coins.
The wait is what will suck for you that is all.
Dude, I was around then too. I was at a massive loss on my overall investment in 2015, at $150 I felt like a fucking idiot. I should have bought MOAR then.
I guess my advice to anybody who gets in at the next cycle top is buy all the way down. Bitcoin ALWAYS recovers
