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RE: Bitcoin (BTC) Morning Update: ABC is still on

in #bitcoin6 years ago (edited)

Thanks as always for the value to the community. Is the 13k resistance line not the real problem? Personal i think the A-B-C correction could be in play, there is away to many bearish traders around, wanting and expecting $4000 area.

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Personally i am happy with my portifolio and over last few weeks the greed and fear has left me, eventually im realising that it all about investing in projects for the long term, buy and selling is simply stressful and in many cases very destructive to your mental health.

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And probably it is time to make some noise and start the FUD game by letting bears out.

Yeah, agree. Just posted this on twitter. Looks like we will see a double top reversal if we don't break the resistance line. Also RSI is descending and we're losing momentum.

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When your lost in the charts it may be time to go back to fundamentals. Traders dreaming of a 4K BTC because they missed the last dip and are now changing their tunes.

Excellent way to settle and find peace. The future is going to be bright for cryptos and those who will buy and hold them. Even haejen wrote last week in a comment that he has 70% of his crypto portfolio being held long term and only 30% for trading.

I can tell you I've tasted the future and it was sweet, hitting around 25x on my portfolio before the correction. I didn't loose an instance of sleep. It's part of the journey that we must go through to get the upside of this new revolutionary blockchain technology. To think think we are only at the beginning is simply incredible.