Anyone using crypto curency? - Page 3 - S2KI Honda S2000 Forums

Notices
Off Topic and General Discussion Off topic forum - Serious discussion, Current Affairs, News, Help & Advice

Anyone using crypto curency?

 
Old 08-12-2018, 04:11 AM
  #21  
 
CynicG's Avatar
 
Join Date: Mar 2012
Location: Southampton/Winchester
Posts: 3,107
Thanked 28 Times in 28 Posts
Default

It's disappointing that previous year's cycles are not being replicated this year. I hopeful that they'll still start to rise as we get into late Q3 and Q4. If they are still low in December, it's totally dead I think.
CynicG is offline  
Old 08-12-2018, 05:42 AM
  #22  
MB
UK Moderator
 
MB's Avatar
 
Join Date: Apr 2004
Location: Sunshine Coast - England UK
Posts: 33,864
Thanked 19 Times in 17 Posts
Default

I'm prepared to hold for a few years. Bitcoin has had year long bear markets before and has boomed / busted many times in it's life, it's just were at much bigger levels. Actually if you look at 2014 we're in an exact mirror image, so i'm watching that until we break the trend. Being rejected from the 200 MA for the 3rd time recently is a copy of 2014 (and not a good thing) and resulted in over a year of bear market from memory. If it follows that, we need to prepare for 3k to 5k prices. I will continue buying in at those prices
MB is offline  
 
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
Floppy
Off Topic and General Discussion
6
04-06-2012 01:24 AM
mxt_77
Money and Investing
10
04-09-2008 09:02 PM
trainwreck
Money and Investing
10
08-05-2007 05:06 PM
clawhammer
Off-topic Talk
56
11-22-2006 06:10 AM
amongmany
Off-topic Talk
59
02-02-2004 02:53 AM


Quick Reply: Anyone using crypto curency?


Contact Us Archive Advertising Cookie Policy Privacy Statement Terms of Service

© 2019 MH Sub I, LLC dba Internet Brands