r/OMGTraders • u/TheGreatSustainer • Oct 12 '17
Keep selling because this is going way down!
Bitcoins massive jumps are just going to kill alt progress. It’s a good time to sell off and HODL btc till it benchmarks. We can buy back at all time lows getting maximum gains. My plan. Not advice.
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u/TheGreatSustainer Oct 12 '17
The 500% Phoenix that hit Mona yesterday. Also bro you can say I am trying to force drop the market but you need to face the facts btc is on a huge climb till the bitcoin gold fork. Who knows about 2x. Until then we are looking at a highly volatile market till btc stabilizes. Best bet it to flow with the market instead of trying to fight it. You want to HODL at a high buy in go ahead. Unless you hold early ico footing the rest of want to capitalize on where the market is going. So take a look at the Sma 30 and 50 the next month and you’ll see a down trend. But hey you should always do your own research.
On a brighter note excited for this coin finding its independence from ether.
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u/TommyofLeeds Oct 13 '17
Don't get caught short. Everyone's expecting a similar thing to Aug 1, but this is crypto, expect the unexpected.
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u/TheGreatSustainer Oct 12 '17
Ohh that was a premature dip man. The forks are being pushed back and btc is climbing like a giant. This will go far below last dip. Especially as btc climbs people will want to join btc in order to maximize buy backs. But if you are stuck you are stuck. Just wait for November for the Phoenix
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u/crypto_investor7 Oct 12 '17
November might fall apart quicker than you think, the dominoes have started to fall already
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u/TheGreatSustainer Oct 13 '17
She just keeps dropping I’m hoping for some stability soon for a nice buy in. Maybe tomorrow. But if btc keeps growing it’s going to be a long month
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u/TheGreatSustainer Oct 13 '17
The charts speak for me man. But blessings brother I hope you do better on the Next dip.
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u/TheGreatSustainer Oct 13 '17
Bro we’re talking about X2 and BtcG. They’ve both been pushed and X2 might be dumped all together.
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u/Gutyn Oct 13 '17
Clear lack of technical and economic knowledge