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RE: BTC update 02.08.2019

in #btc5 years ago

How confident are you of a 3k drop in btc. I'm not saying it won't happen (because it definitely can), just that after watching btc for so many years, its been a wild ride. I'm holding cash and ready to buy a drop and thought I missed it when it was floating around 9. 3k lst week. I even had a dream it went down to 300 for a brief moment in time!

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I am quite confident that it will happen. I would give this a chance of happening of 85%. As you can see I predicted this wave B and now it looks very similar to what I had predicted.

I also have money ready to pump into BTC and STEEM. But, I must say that I already have some good positions in BTC. I bought some at 4700, 6500, 8300 and 10500... now looking to buy the biggest tranche between 7500-7000.

Anything under 20k is a good price in my opinion if you plan to HODL for 2 years... So if you are feeling uncomfortable that you might miss the rally, you could split your amount to invest in 2-3 tranches.
This way you are guaranteed to not miss the rally entirely because there is a small chance that the correction is done already and the price starts exploding now.