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RE: Sell BTC now?

in #bitcoin7 years ago

The thing with bitcoin is its not like stocks you seriously can not put those old rules and tactics from a stock into bitcoin it does not work. If anything we are going to see a balancing some sell off and then back up within the $500 range till we hit Dec 11th after that time frame money is going to be flowing into bitcoin from stocks and come 2018 things are going to blow the freak up.

Now of course there will be pull backs there has to be. However these pull backs are super quick and the reason is bitcoin markets are up 24/7 unlike stocks where you are limited on your trading window.

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I completely agree. This is an entire new asset class and applying standard finance strategies will make you miss out.