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RE: Is Bitcoin Still Bullish? Where Does it Make Sense to "Load Up"?

in #bitcoin7 years ago

Maybe. Or maybe they'll never get executed because price explodes from here.

Manipulation occurs everywhere that the human hand touches, so, yes, I do realize that. Manipulation isn't a problem for me, I just want to profit with the manipulators!

I don't pretend to know where bitcoin is going in the short or long-term, but I know what's worked for me in the past and that's what I base my decisions from. If I'm wrong, I'll take losses on these small positions but I'll still pull a nice profit overall, since I'm riding on free bitcoin -- 26.5 free bitcoin, to be exact :)

All this being said, I would likely play this situation the same, with or without a prior, very profitable position, I'd probably just go a little lighter on what I buy and wait for signs of confirmation (of new uptrend) before I'd consider adding to that position.