"Be greedy when everybody is fearful and fearful when....."

Well there is no doubt that everybody is currently fearful of BTC. Selling has been steady for months. However we are poking through a key support and trend line that goes back over a year. I'm going long in the 7200 ish range on the likely event that the trend line will hold even if it gets "pinned" on a daily basis. If the trade fails I'll take the stop, lick my wounds, and try again later.... Currently trendview is showing 16 short, 9 neutral, and 1 long on BTC. I guess I'll be the #2 long against the trend. lol

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I got a fill at $7150, let's see how it goes.......

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I got a fill at $7150. Let's see how it goes....

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I got another fill at $7,022

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If this doesn't work out, at least I'll own 170 Million Satoshi

I hope the Satoshi is worth a dollar each some day. :D

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Nice bounce! If it continues this will be a very good trade.....

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Notice how my chart doesn't have Fib levels, Elliot wave counts, Spirals, Triangles, Falling Wedges, etc. etc. etc.

I've already considered all that and it simply boils down to whether the trend line will hold or fail. My expectation is that it will hold. At least for now and now is all I am concerned about at the moment.

Long term I am a ardent fan of Bitcoin. If I can flip is short term for a quick profit I will simply hold it long term for the big pay off. It is the future of money.

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I think I missed a few words in my last post typing so fast.

My point is simply that if I can't flip bit-coin for a quick short-term profit then I will throw it on the stack with the rest and hold it for the long-term payoff.

Bit-coin is one asset I do not mind getting "stuck with" if my trade does not pan out as expected. Long term, I am a HUGE bit-coin fan and will accumulate all I can get.

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OK - It's Official !!!

I know own 200 Million Satoshi !

Better than playing Power Ball I'm sure....

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Filled at $6749

OK - I think that's good. I'll wait and see.....

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Oh joy, filled at 6,696

When will the carnage end???? lol

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What? I now own 230 Million Satoshi? Get out! Yes it is true. I am now part of the One Percent. lol !!!

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OK - I'm fully vested at the moment. I still have cash in reserves, but I'm saving that for absolutely ridiculous prices should they come.

At the moment I will have to stay pat at 250 Million Satoshi. If I can't retire on that in 10 years then all of this has been nothing but a colossal waste of time. :)

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My oh my! 250 Million Satoshi going North? Awesome....

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I took off some of my position on the bounce for a very minute profit. Still holding the rest as I am still below my entry price. Made a small amount on everything I bought below 7K and now holding everything above 7K. I figured if it is going to make a stab at 6K or lower I wanted to raise some cash now to take advantage of the price improvement. If we break out from here I can just add back once that is a definite turn North.

Long term I am still a strong fan of Bit-Coin.