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Bitcoin long term


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#11 CLK

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Posted 16 September 2019 - 06:53 PM

Another strategy is to buy GBTC in a Roth IRA, pay no taxes on gains as long as you wait until 59 and a half

to withdraw. 



#12 CLK

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Posted 17 September 2019 - 01:03 AM

Average consolidation after breakout is 5 months, we have only put in 3 yet,

2 more months of waiting folks, don't get complacent.



#13 dougie

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Posted 17 September 2019 - 01:16 AM

if we have ti wait 2 more months, wy not get complacent?



#14 CLK

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Posted 17 September 2019 - 07:04 PM

if we have ti wait 2 more months, wy not get complacent?

 

 

Just because it's taking awhile, don't translate that as a potential top. It's time to accumulate when everything is quiet, it's one of the rare pieces of advice that I learned worth anything back when I started trading penny stocks in 1993. Don't wait for price to move up strong to convince you to buy, do your buying while price is flat and basing, everything is quiet, i.e. no news.

 

If you chase a breakout, you most likely will not be able to hold on when a dip occurs, right now is cheap enough.


Edited by CLK, 17 September 2019 - 07:07 PM.


#15 CLK

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Posted 17 September 2019 - 07:06 PM

I think it's time to review the stock market cycle, investor/trader sentiment is leaning heavily toward disbelief which is common

in the accumulation phase.

 

 

https://i1.wp.com/fi...rket-Cycles.jpg



#16 CLK

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Posted 25 September 2019 - 12:05 PM

Hodlers market is over, it's a traders market now.

 

 

https://invst.ly/dgivd



#17 hhh

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Posted 25 September 2019 - 12:14 PM

I think it's time to review the stock market cycle, investor/trader sentiment is leaning heavily toward disbelief which is common

in the accumulation phase.

 

 

https://i1.wp.com/fi...rket-Cycles.jpg

But the chart looks more like the euphoria or complacency stage.



#18 CLK

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Posted 25 September 2019 - 12:16 PM

 

I think it's time to review the stock market cycle, investor/trader sentiment is leaning heavily toward disbelief which is common

in the accumulation phase.

 

 

https://i1.wp.com/fi...rket-Cycles.jpg

But the chart looks more like the euphoria or complacency stage.

 

 

 

Load up at $2 then.



#19 hhh

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Posted 25 September 2019 - 12:18 PM

It occurred to me that you were applying the stock market chart you referenced to bitcoin. If so, sorry, I was referring to the stock market.



#20 dougie

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Posted 25 September 2019 - 02:01 PM

Hodlers market is over, it's a traders market now.
 
 
https://invst.ly/dgivd


so you sell yours yet?