Bitcoin over 2500$ Ready for bitcoin 3000$?

in bitcoin •  7 years ago 

2800$ next resistance level. Not that it matters that much for me personally - considering im very LONG in cryptos. I'm looking at 10x return on cryptos within 2018, meaning btc at 10,000$ 

My advice is figure out why you are into cryptos. Do you believe in it on a long term perspective? If so, do NOT sell. Keep your head cold, stay calm and just log out for a couple of days. 

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7 years ago by

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      ·  7 years ago 

    image

    Here it comes! I'm with you though for the long view. 10x price in a few years is absolutely reasonable, considering how many new people are going to get into crypto.

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      ·  7 years ago 

    High five for that! :)

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      ·  7 years ago (edited)

    You are right
    Don't forget to consider technical analysis

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        ·  7 years ago 

      Thanks. I know, and I'm used to TA from stocks, and I automatically look at patterns when I look at bitcoin prices. But I try not to care too much about it. I think the fundamentals are so potentially insane and game changing that it would be very stupid to start trading (unless you are very experienced and have a lot of money) It would be stupid for your average guy with 0,5 bitcoin to start trading.

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        [-]
          ·  7 years ago 

        As we've had a few volatile days I'd expect some added volatility in the next week before climbing back up to $2800+. Additionally, with the Fork coming and possible Flippening BTC may have a bit of a struggle in the near term. I'm hoping not since I am also invested in it, but it's been feeling very heavy since it dived at the end of May.

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          [-]
            ·  7 years ago 

          I do believe in BTC but not at the values you mentioned. Having said that I do hope you are right and it hits the levels you mention. I'll be RICH :)

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              ·  7 years ago 

            You'll be rich at 10k bitcoin? I suspect you will be rich then :)

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