Longterm HODLers might look at their cold storage and think "well, shit, I can sell 100BTC I mined for the cost of a pizza back in the day and be a guaranteed millionaire". Just as likely that we have a blow-off top to the high teens before an epic 70% Bitcoin correction. See ya'll @ $2000 (then $100,000 by 2020)
Please stop assuming this market is sane, and expect the results to match some reasonable TA. I feel like there is no retrace anytime in the near future. I hope I am wrong as I am looking for that re-entry point as well.
Crypton1ght
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Obvious you said ? noob
lord_feo
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LOL, Yeah Sell 10K and buy more expensive. SeemsGood !
Sniklefritz
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I agree that there will be a correction... I do not believe it will go to $2700 USD.. more like 5 or 6k ... but in reality who knows. I sold at $9200 and 9700.... i will just wait patiently for a good entry point. hopefully at a nice discount :) .... once it hits a little over 10k institutions will sell off and take profits and drive the price down to get back in at a discount. I feel bad for the new guys coming into crypto who will buy at 10000 and if there is a correction they may shit themselves and will panic sell. Such an exciting time to be alive. Such a great opportunity for this generation to be able to easily get involved in such a wonderful revolution. time will tell.
WARBUCK
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If I had a BTC big sack....it would be getting smaller. I agree with ur correction due view. Bubbles burst, BTC is a big one.
cryptocat2
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It's all this good news that's just fomo buying now. Unfortunately a lot of traders already cashed out I never really thought we will get to 10k so quick. I expected like in December.
mightytrader
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YEAH BABY! I think you just gave me a good enough reason to cash out NOW. It should've hit 10k by now... why is it lingering? I'd rather sell now and buy back on a retracement.
The part about the "pizza" is what did it for me! =D