Quote from: BitHodler on August 21, 2019, 01:30:18 PM

Quote from: Bitcoinwaist on August 21, 2019, 01:05:02 PM

I wouldnt buy anymore bitcoin until price is past $13500 unless you feel like tying up your $$ for awhile.

In other words, you prefer buying at +$13.5k levels than buying at $10k flat and have a 35% profit when we finally surpass the previous resistance? That sounds like you're a fomo buyer.

There is no guarantee that we'll keep going up from there, so if you buy at $13.5k you might still end up holding a bag of expensive coins. You're much better off slowly dollar cost averaging at current levels.

Quote from: Bitcoinwaist on August 21, 2019, 01:05:02 PM

Bakkt could be a massive short opportunity because everyone is thinking moon. Price could go much lower to shake out new money entering for the bakkt pump that may never happen. Buying now, all you are doing is feeding the bottomless bitcoin blackhole. Look today almost down 10% on nothing no news ffs.

I honestly have seen more skepticism when it comes to Bakkt than positive stories. Not many believe it will have much of an impact nor do they care about selling this news, which won't yield you much to begin with.

We're just bouncing up and down within a large descending triangle. Pretty normal market activity in times where the bears are gaining more strength week by week. Not related to Bakkt.

Yes i myself would rather forego 35% than tie more money up. Because it can go down another 35%.