Quote from: justdimin on January 30, 2020, 02:36:04 PM

Price looks to be going up a lot, if people bought a week ago they will be very happy about it, we are talking about a 10%+ increase which normally you wouldn't get this quickly in any other commodity in the world.

Bitcoin started around 7000 dollars this year (with some change) and right now it is over 9 thousand dollars, that is a 2 thousand dollars increase and comes to about 20%-25% increase in the end when you look at it. The problem here, we already had a 20% increase, are we really willing to risk our money for potentially going even further or are we just taking all the profits with us and leaving the market waiting for it to bottom out again?

Remember the vital advice of all financial world; "buy low sell high" which means we are at that "high" right now and selling could be understandable or even holding is okay but buying looks like would be prime example of "buy high, sell low" instead of the vice versa version of it.

Even if it suffers a correction, which would be something very normal after increasing +25%, I dont think it would go as low as coming back to 7k. The biggest correction I can imaging would be to 8k and I would be surprised. So everything looks good, green days coming!!