RE: BTC is absolutely looking stronger! So why am I not buying... yet?

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BTC is absolutely looking stronger! So why am I not buying... yet?

in trading •  8 years ago 

I think it may have a rally, but will drop heavily before August 1st. I think this will be your best buying opportunity before it rebounds and sets new highs!

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based on what?

The bitcoin segwit coming. There will be a lot of uncertainty and fear in the markets as we get closer to this date. I could totally be wrong though. Just my opinion.

Right on.. so what you are saying is you are guessing based on what you know about segwit. Nothing wrong with forming an opinion on the issue, for sure. But guessing is not a winning approach to trading over the long haul.