It could even be better than that if all negative news is priced in early. If things start to look better the price could increase even before 1 Aug.
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It could even be better than that if all negative news is priced in early. If things start to look better the price could increase even before 1 Aug.
I feel that is already happening to a degree. People also get accustomed to market influences and change and learn how to react accordingly. After 26th we will know for sure what direction the market is heading I feel unless it is going sideways. :) We may see a little more downtrend and some uncertainty. I prefer to power forward and stick to my long term plan.
You could be right. With miners signalling Segwit early, things seem to have calmed down and the price has gone up 10% in the past 24 hours. It could just be a dead cat bounce of course! Time will tell.
Yes we could see another slump this weekend. Seems like the trend at the moment. The Friday and Saturday crypto blues.
So sell on Thursday and buy back again on Sunday!! May work but a bit risky being out of the market! If there is good news......
Buy on the rumour, sell on the news....Important to watch trends. Takes lots of staring at charts and getting a feel of the energy. Best approach is stack and hold long. Improve position, take profits and never forgot stacking Gold and Silver.
I agree. It's so fast moving at present it's difficult though. Plenty more volatility to come. Also, tax implications when you cash out to fiat. I may just hold the majority!!
Don't worry about tax. Disclose nothing as the reality is that government does not have a contract nor consent. People forget this fact. It is a deception. Tax is voluntary and if you declare nothing they can only apply force which is unlawful and is non binding. Move funds into other assets - property and precious metals. Essentially do not realise "income". Move funds under $10K at a time. Maybe move it to your gambling fund and "lose it all". Move all into cold storage. Seek privacy havens like Verge (XVG).