Quite a lot of bearish sentiments with BTC, and some of the major indicators like the MACD and EMA are showing bearish signals. Still, I think the bears are getting exhausted by now, and some long-term signals are flashing "buy" right around this price point. I believe we may have hit near bottom, with a possibility of BTC dropping further to low-$6,000 levels, if the bears keep selling, especially those PlusToken scammers.
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Yep, I think so as well. I think it's very possible this is the bottom right now, around $6,500 area... I am using this time right here to add some.
Agreed. And its good that you've added some more Bitcoins, since it's rebounded back sharply to $7,200. So you've already profited ~10%+ since then :-)
Yep, unfortunately I need a lot more than that before my stack is green. I averaged in quite a bit around the $10k number after we pulled back from $14k.
Ah, same here. I started averaging in around $10,000, and then again at around $7,500. I'm still in the red, but I'm looking forwards to the long-term growth.
I decided a cost average around $4k wasn't good enough... so I decided to pull it all the up to $10k by buying the majority of it up there and above.
Ah, that's interesting. I think the both of us can only do and wait for the markets to keep growing, which it will do in time :-)
You must be smiling now?