Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
billyjoeallen
on 18/03/2014, 05:12:55 UTC
Buy when everybody is pessimistic.

We might not be there yet but it's close.

How can we be close to pessimistic? Bitcoin was $100 a year ago. True despair-pessimism is a long WAY DOWN.

We've been through so many of these rally/corrections that we've learned to front-run the cycle, so it won't go that far down. It always seems different this time but in hindsight it's not.