Post
Topic
Board Speculation
Re: ¿Correction/pull-back at 10k?
by
pooya87
on 07/02/2020, 07:48:19 UTC
To those saying “sub 10K bitcoin is over.” RUN!!! Those people are fools.
sub $10k IS over.

Now you are scolding the OP for not buying in the $6,000s? Roll Eyes

It's very reasonable to wait for a confirmed bull market on the higher time frames before buying in, and especially before leveraging long.

i am not scolding OP, just saying that entry is best during calm market and the "accumulation" phase, when the rise begins in most cases it will be already too late to get the best deals.

and the quote is response the starter of that topic suggesting that because there was a small (<10% drop) there should be a massive drop within 24 hours down to $8k (-20%). as we can see now price remained above $10k for 2 months after that claim. i can't see the future but at that time it was indeed over.