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RE: ✴️ BITCOIN HITS $5000+ ... NOW WHAT? Should We Be Concerned?

in #charlesfuchs7 years ago

That's the plan. I'm waiting for BTC to test the $4,460 support. Which will be the price I'll buy some again to replace the units sold when it was nearing $5k. My capital is limited and I have to take some profits and money off the table at certain high points. That provides the "dry gunpowder" to capitalise during those corrections that are inevitable.

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That's very smart!! Bitcoins will easily be over $10knin years to come or even sooner 🙌🏼

OR... it has reached the peak right now and could go lower.
I do hope BTC will continue to go up in price. But I'm trying to be open-minded the best that I can by also considering the possibility of negative developments.

Can't be emotionally attached to it, as with the "fanboy mentality". I'd rather protect my interests first and foremost.