Patience needed... and perspective

in #bitcoin7 years ago

When sentiment is this awful in a market (#bitcoin, stocks,), we tend to see "FIRE, ready, aim"--meaning, bitcoin is vulnerable to selloff on negative headlines. Technicals also not strong. Does not change positive med. or long-term picture. Patience needed... and perspective.
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These headlines further justify the valid threat the Crypto space has created for the traditional idealist. Anyone that's worried are probably day traders or looking for a quick buck.

An ever-expanding crypto userbase means ever more bulls waiting in the wings for bear exhaustion. So they can fly like eagles. Bull-eagles, or Beagles, if you will.

Also, I just got a credit card purchase declined for a litecoin purchase from coinbase. Now the credit cards companies are dictating what we can and cannot buy. Needs to be a lawsuit

Shouldn't you be raising your PTs on S&P500 from 6,000-15,000 to 20,000 and Bitcoin PT to 1 million. Seems legit

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