Mistakes are mistakes, and I was wrong.

in #bitcoin6 years ago

I must admit the previous estimations I made were clearly too optimistic. More experienced traders suggested a move down was likely for quite some time, and with the 6000 dollar level breached, there is no reason to be bullish. 3000 seems to be a reasonable level for a trend reversal, but only time will show.

I'm short, stay away from buying - or selling if you don't know what you are doing. ICOs and small caps are particularly risky.

Stay safe.

Sort:  

Congratulations @humbledumbell! You have received a personal award!

1 Year on Steemit
Click on the badge to view your Board of Honor.

Support SteemitBoard's project! Vote for its witness and get one more award!

Congratulations @humbledumbell! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 2 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Do not miss the last post from @steemitboard:

SteemitBoard supports the SteemFest⁴ Travel Reimbursement Fund.
Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Coin Marketplace

STEEM 0.17
TRX 0.15
JST 0.028
BTC 58581.90
ETH 2278.10
USDT 1.00
SBD 2.51