this time, it's launching from 450
my question to you is, when are you selling?
my question to you is, when are you selling?
I have a resolution of not selling any below 2000.
I think that's an easy one to keep because the sell zone in the exponential trendline starts at earliest +0.4 points and we are there earliest mid-July at 4700. If it postpones till August or longer, it also goes higher.
I aim to sell at the top only, probably starting at 3000 and when it feels toppy. Apr-2013 my selling plan had just started the day before collapse. Nov-2013 I was too early (675) but managed to sell in bulk. It is hard to know the shape of the bubble top.
The ambitious plan is to buy back the same number of coins in the following crash, and use the proceeds to finish the castle repairs and miscellaneous expenses.
sounds like a good plan

i wonder how this guys projected top is "only" at $ 1356 ??
http://www.geekcipher.com/technology/bitcoin-price-breakout-on-may-20th-2014/
my own guess is a top between $ 3000 and 7000 followed by a 60% drop
I agree with the prognosis of a top anywhere between 3000 and 7000.
I will not start selling below a certain price point, and I don't know how this guy came to the 1356$ ath conclusion, but comparing all the previous trends and bubbles,
there's no way this train will stop so low

someone has calculated that in all previous cases the low after a top has historically always been between 1.85 and 2.2 times the previous high.
Since the previous high was about 1200 (not counting the gox price) the next low should be somewhere between 2220 and 2640
The next high should be somewhere between 4500 and 7000 or so, but most likely in the $5000 range with a good chance of $6000.
He or she calculated wrong then.
For the current cycle, the low was 340, about 1.28 times higher than the previous high of 266.
Amd if you follow the bearish EW crowd, the final capitulation bottom isn't even in yet.