Well, I'm hearing that Mt Gox trustees have done it again (which is just the way this world works) but it does make TA redundant - hence me banging on about manipulation all the time. I noticed the news about the coin move a week or so ago, perhaps this added to my hesitation to invest.
- Like many, I'm caution about buying the dip. I'm not a HODL'r and as a result I am holding FIAT,watching the retracement opportunities.
- Looking back we tend to see a drop deeper then the current price ($8,600), perhaps down to the $7,000s, then a squeeze then a good bounce. I think it was March 7th when the last event happened and worth taking a look at.
- 1,000 point drop is substantial but I think we will drop to $7k if the HODL crew are expecting deeper cuts and cash out.
- Small Beer in BNB - It's a few hundred dollars but I am not worried about and expect I can get out when/if there is a bounce. If not I'm loosing my beer money for now but expect BNB to continue a growth trajectory.
- I might even see that $11 ZIL target rate after all?
HardForky
- Like many, I'm caution about buying the dip. I'm not a HODL'r and as a result I am holding FIAT,watching the retracement opportunities.
- Looking back we tend to see a drop deeper then the current price ($8,600), perhaps down to the $7,000s, then a squeeze then a good bounce. I think it was March 7th when the last event happened and worth taking a look at.
- 1,000 point drop is substantial but I think we will drop to $7k if the HODL crew are expecting deeper cuts and cash out.
- Small Beer in BNB - It's a few hundred dollars but I am not worried about and expect I can get out when/if there is a bounce. If not I'm loosing my beer money for now but expect BNB to continue a growth trajectory.
- I might even see that $11 ZIL target rate after all?
HardForky
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