Guys, i will receive a payment in the next days and I want to invest it in btc, but can't decide between buying at 9350 or waiting for the 10k pullback. What are your thoughts?
I think that some people will sell at 10k, specially those who bought high in the last bubble, conforming with recovering the investment. But I also think that halving expectancy and optimism is really high and will make the pullback be moderate.
Ironically the payment is already a week late and I wound't doubt entering at 8-8.5k. I new that if there was going to be a delay, that days would go up. So will have 10% less btc thanks to the incompetence of someone. Fells much worse than being because of your own decisions.
Ironically the payment is already a week late and I wound't doubt entering at 8-8.5k. I new that if there was going to be a delay, that days would go up. So will have 10% less btc thanks to the incompetence of someone. Fells much worse than being because of your own decisions.
This is how FOMO thinking works and why so many people buy at the top. You will **not** miss out. Think of it this way - at any point in time there is a 50% chance the price will go up and 50% chance it will go down. If this were not true, the market would change the price to make it true.
So just buy some BTC when the money arrives and chill out.
hth
Thanks, you made me realize I was a bit stubborn-ed, I should calm down a bit
Any opinions on if there will be a significant pump today or tomorrow?
Britain officially leave the EU tomorrow (politically) before a transition period until the end of 2020. I wonder if this will be reflected by loss of power in the € & people flooding to BTC to preserve their wealth?
Why would it have a negative impact in the €?
Intuitively, finally putting an end for that shitshow looks bullish for the € to me... but most probably I am not seeing the full picture of it.
For my part, each country with its currency would be better, the central bank eliminated, the European Parliament eliminated, we would be less poor and we would not keep so many leeches.

Maybe... or maybe just the contrary.
Small individual state currencies are WAY easier to manipulate. That's why shithole countries usually even forbid the $ usage to their citizens... so that they won't flee their savings in mass from their local currency to a stronger one when they start devaluating it to zero to pay for their HUGE and UNCONTROLLED public spending.
Not that they don't do the same with $ and €... but its orders of magnitude more stable than (many/most) small currencies.
No one really knows, but I don't think we would be any less poor if we haven't exchanged Peseta for € 20 years ago. With the kind of politicians we have had in that period, it is more probable that they would have been devaluating it like crazy until everything exploded apart. Or maybe not?
The peseta-euro change fucked up our purchasing power really fucking bad. But on the other hand, the scenario of our last decade politicians having the entire control of the currency makes me shiver.
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Do you guys think there will be any relevant pump or dump next days? I think we will probably have a few calm days and them will definitely either break 10k, little pullback and go up or break 10k and moderate pullback. But I don't see a strong pullback coming nor the price being stable at 9300 for very long.
100% matching a development grade map. Could be expected. Anyway I still think coronavirus is having little to none impact on the pump. But who knows.
I don't see it guys.
Too far too fast, no way this ramp can hold, we need to cool off for a bit and test at 9050
That's quite a big dump, Looks pretty strong around 9500. But could happen