I think we are now in the final phase where coins can be accumulated relatively cheaply. Who knows how long it will last? I personally think we will move sharply up in the next few weeks or months.
Every day there is new positive news. The auction reinforced the friendly US position towards bitcoin. Several giant retailers have publically integrated bitcoin into their payment systems. Today it was the turn of Newegg.
Over the coming weeks and months I predict user adoption will start to move upwards sharply again. This will cause the price to rise. It will be front run by whales and big players.
A common theme is that bitcoin bubbles reduce in amplitude with each successive leap but I am not so sure. Once a battle for the ATH commences its off to the races.
It is time to speculate to accumulate! Ignore the bears and traders. Look at the big picture. Every single time in the past my only regret with bitcoin is that I didn't buy more when i had the chance.
(only invest what you can afford to lose!)
Every day there is new positive news. The auction reinforced the friendly US position towards bitcoin. Several giant retailers have publically integrated bitcoin into their payment systems. Today it was the turn of Newegg.
Over the coming weeks and months I predict user adoption will start to move upwards sharply again. This will cause the price to rise. It will be front run by whales and big players.
A common theme is that bitcoin bubbles reduce in amplitude with each successive leap but I am not so sure. Once a battle for the ATH commences its off to the races.
It is time to speculate to accumulate! Ignore the bears and traders. Look at the big picture. Every single time in the past my only regret with bitcoin is that I didn't buy more when i had the chance.
(only invest what you can afford to lose!)
Remember when it was in the 300-400s? That was the time.
Easy to say that.
The adage of buying when there is blood in the streets is hard to do. Don't get me wrong, I _was_ buying, just not heavily as it goes against human nature. I have doubled my coins in the last six months which is great. I am thankful for the heavy pullback. I am hoping it continues just a little longer so I can reach triple digits.
We are in the lag period where potential adopters are watching bitcoin prices - lots of them. I am sure most of us did this. We saw a bubble then watched it pop. Were glad we hadnt bought in. Then the price starts to rise again and surges up towards the previous ATH. Then the next wave start to buy in to avoid missing the boat. I think we are approaching this stage now.