Bitcoin - Big Warning - Please really think to secure your profits
Hello dear friends,
My personal opinion is that a big correction will come in the coming hours for the Bitcoin. It is very hard to say when will be the top, perhaps at 4500$, perhaps at 4600$, perhaps 5000$ during some hours but for sure this correction is very closed to us and will be powerfull.
Please compare the following charts :
Bitcoin chart end of 2013 - 1st time around 1000$
Bitcoin Chart now - Augustus 2017 - 1st time over 4000$
This kind of huge pike is really the sign of the end of this current increase. I don't say the Bitcoin is finished and will never be back later to this value but I'm really thinking we are closed to a correction similar to 2013.
So yeah no one knows when it will start to drop. You can perhaps still earn some more dollars, perhaps several hundreds dollars but please really think now to secure your gains. If you want keep some Bitcoin, sure do it, I'm doing the same. But be sure to take a part of your profits very soon. It is really an advice to earn some money in trading. Donc expect be able to sell at the highest top, some people will be lucky but most won't be able.
Take care,
CryptoPassion.io
PS : Never invest more than what you can afford to loose. This post is my personal opinion, do your own research before making any investment decisions.
Version française ici : [FR] Bitcoin - Danger - Pensez vraiment à sécuriser une partie de vos profits
If you want a good technic to secure your gains, please go read this article coming from another nice trader. He is explaining the SELL lader that I'm using also.
https://steemit.com/bitcoin/@haejin/bitcoin-btc-a-new-decision-check-it-out
Take care!
I think its wishful thinking
Good advice. It's hard to predict something that's as new as bitcoin is though. Personally I believe we will see a correction but I am in it for the long run, i'll keep holding. If I start trying to sell high and buy low I might as well be gambling with my money.
I'm keeping also a part of my Bitcoin for long term. But secure some gains is never a bad thing.
I agree, we will see a sell off here very soon! I sure hope it's not a long downtrend, just a huge pullback would be a chance to reenter!
I hope also the correction won't to hard... and anyway I'm sure we still have a nice future for crypto but yeah we need a pause now...
My crystal ball does not appear to agree with your crystal ball, so I'm going to have a talkin-to with her.
Of course nature proves that what goes up must go horizontal and may-even come down..... The other law of nature shows that human beings will always find a way to go higher.
What I'm trying to say is: "Put your right foot in, take your right foot out, put your right foot in and shake it all about!"
Peace brothers and sisters.
Major success to all of you.
This was just an advice and I wish you are right and that you will make bigger profit than me my friend...
Only the future will say who was right. Take care and by the way, this analyse is not coming from a crystal ball but a complete trading analysis from which I prefer keep details for me ;)
No, no, no. I wasn't contradicting you. Nor was I forecasting the future.
I was simply doing the Hokie-Pokie. :)
I even acknowledged that what goes up most come down. That's just natural.
I think it pays to take a look at the market that IS NOT yet into digital currency......, which is... too massive to even say.... , but the key word is "yet."
If the market tanks... ride the storm and take a look at the past... - It ALWAYS goes higher... eventually so it really, (and I mean "REALLY") pays to buy, hold and ride the storm out.
PEACE again.
This post received a 3.0% upvote from @randowhale thanks to @cryptopassion! For more information, click here!
Your posts always amaze me.
Every time i see your post, i always feel happy and happy.
I am very motivated to visit those places.
I am currently looking for information on safe and reliable travel.
Because maybe by the end of this year I will try to tour some countries for a vacation.
I will try to go to places you've ever recommended.
I also really like the food you post.
Maybe someday I will try to taste the food.
Thank you for your post.
Mmmmmm yeah a travel inside the Bitcoin... Would be nice you read my post if you comment....
I really like this Bitcoin recipe you have posted, someday I hope to taste this Bitcoin. It sounds delicious! I just have one question, do you brown your Bitcoin first before you add the sauce? Or do you just throw the Bitcoin in at the beginning and bring it all up to temperature at the same time? I am also hoping to visit Bitcoin someday, it sounds like an amazing place. I am currently looking for information on a good place to stay in Bitcoin, perhaps an AirBnB. Do you have any leads?
(thanks for the post - there is surely going to be a lot of temptation to sell as Bitcoin edges higher and higher, but honestly I am not sure we are going to see a major correction. Bitcoin might be the next Bitcoin LOL)
I wish I'm wrong. I'm keeping more than half of my position in Bitcoin. So if it continues to rise, it is aso perfect for me. You never sell at the higher so I don't have regret to start my selling now.
You can't really go wrong if something doubles and you pull out your initial investment - you are guaranteeing profit and while you might possibly miss out on a continued rise, if you are right and it crashes you will be smiling. You can't lose money with this strategy.