You are viewing a single comment's thread from:

RE: Is Bitcoin in the last part of the "5th Wave" of Elliott Wave Principle???

in #bitcoin7 years ago

Thanks for the comment, but I barely scratched the surface of it. I've been doing a lot of reading about it.....been watching Bitcoin and seeing how it "appears" to be following the pattern....was hoping we'd get a few more knowledgeable people to help edumacate the masses.

I'm still torn and leaning towards hodling for long term. I'll be kicking myself if it follows the pattern, lamenting about how I could have gotten more Bitcoin.....but if it doesn't follow it and keeps going up, I will be feeling pretty good. Either way if I stay with the hodl plan I'm safer.

But as they say..."no risk, no reward" so I haven't decided for sure yet.

Sort:  

Yeah, hodling and buying incrementally is my plan. I have a little set up of auto buying every other Sunday. I'm too new for complex analysis, but my gut tells me to invest what I can afford to lose and hope for the best, which could be pretty great in the long run! Thanks for the reply, sorry it took a bit to respond myself, been evacuating from Irma.

Hope everything is okay for you out there. My mom and ex wife are on the coast of Florida....so hoping one of them will be okay.

:-)