Mistakes are mistakes, and I was wrong.

in bitcoin •  7 years ago 

I must admit the previous estimations I made were clearly too optimistic. More experienced traders suggested a move down was likely for quite some time, and with the 6000 dollar level breached, there is no reason to be bullish. 3000 seems to be a reasonable level for a trend reversal, but only time will show.

I'm short, stay away from buying - or selling if you don't know what you are doing. ICOs and small caps are particularly risky.

Stay safe.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Congratulations @humbledumbell! You have received a personal award!

1 Year on Steemit
Click on the badge to view your Board of Honor.

Support SteemitBoard's project! Vote for its witness and get one more award!

Congratulations @humbledumbell! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 2 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Do not miss the last post from @steemitboard:

SteemitBoard supports the SteemFest⁴ Travel Reimbursement Fund.
Vote for @Steemitboard as a witness to get one more award and increased upvotes!