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RE: BTC almost $4,000!!! Will it hit $6,000 or more? Where do I take profits on my Free coins?

in #trading7 years ago

How is everyone dealing with the surge in price of BTC?

I think its causing all other coins to drop in BTC and creating a lot of "false positives" in terms of cracking bases.

Does Luc's method still work in these situations?

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@constipatedbear, I think, as we've seen, we're going to have to wait until BTC levels off or pulls back a bit. People have sold their altcoins to buy BTC and have caused drops in altcoins. I've seen it in 6 coins I'm holding now. Patience is a requisite until some normalcy returns to the marketplace. Just my opinion.

I sure hope so. One of the altcoins I bought 12% below a base went to 50% and is now slowly climbing back. I wished I had bought at that 50% but I didn't know it was going to be such a deep dive. @quickfingersluc, any tips on catching bottoms?