View single post by krazykid18
 Posted: Fri Nov 22nd, 2019 03:03 pm
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The Prophet

Joined: Mon Oct 15th, 2007
Posts: 2616
srossi wrote: krazykid18 wrote: srossi wrote: I've been buying and selling between $7,500 and $9,500 with a lot of success, but yesterday I bought back in at $7,600 and today the price plummeted to $6,800 on more China crackdown news. Just goes to show that you can't always try to time the market. It'll bounce back soon, I just wish I had waited 1 more fucking day to buy.
do you think it will dip lower than 6,000

Who knows?  It's back at $7,000 now already.  I'd say don't try to time it too precisely and just jump in when it reaches a number you're comfortable with.  It'll probably be back over $9,000 within the next couple of months.  Then sell, and wait for the drop again.  That's been the pattern this year, although the pattern could always change.

Very true, good advice