Hi guys,
I have sold a decent amount of Bitcoins at $400 to buy back at $350. Now the time is here and I am thinking of waiting a little bit longer. The weekend is nigh, But it might be the last weekend before the rend upward /:.
I realize that currently if I consider my initial decision, That I am moved by greed and not rationale. But if I buy this week and it keeps on down-trending for 3-4 weeks, I consider it a loss, personally.
What do you guys think? $350+ in 3-4 weeks? a pure speculative question either you want to share your rationale with us or not.
p.s. $560k people and $100 people are just trolls and not invited in this gentlemen conversation, thank you.
We are in down trend and catching the falling knife is dangerous.
What is your exit plan if you do buy at this price?
I am a long term hodler who gets in and out in % of the portfolio. For this particular endeavor my plan is as follows. I got out at 400 and wants to get back in at 350. Will not touch the funds for 3-4 weeks and then trinkle a bit from time to time. 10% -15% at a time.