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RE: Must Watch! IMPORTANT UPDATES: Stocks, Bonds, Gold, Silver, Oil, Crypto. By Gregory Mannarino
Regarding the crypto-currency movement, we can count on one thing at least... it reflects a true open market, any manipulation in price needs to be done with real trades, with the actual currency. Looking at the current Bitcoin chart, its hard to find a resistance point for a correction, ~$1250.00 maybe. Finding the next sale price to buy in is going to be hard.
Even with a correction I think it will be temporary as everybody who wants to add to their position is waiting for the fall. For me its a long term hold so I have been acquiring as and when I have funds available. Trying to time a market that runs 24/7 is seriously difficult!
I'm biding my time by dollar cost averaging at .10 btc a pop every few days. Best way to stay between the fear and greed needle positions for me at the moment. Lol
I have copper rounds I like giving away to people as a Conversation Piece... It's a catchy eye opener to say the least... You can call me Pocket Change...