My father just said to me today ” Boy, I’m sure glad I decided not to buy into this bitcoin ponzi scheme garbage!”
Over the years this has been uttered (in some similar fashion) at least 8 times before.
And, it was soon followed by bitcoin rocketing to new all time highs.
Which is then followed by my dad saying ” Damn, I should have followed my gut and hopped in this time” — which just so happens to be my clue to, Sell Now!
I’ve been doing this since the Silk Road days. I stopped when Mt. Gox took 300+ bitcoin from me! And I’m not saying I would have held onto those coins, but I was doing very well with the erratic up and downs that would happen multiple times a day; almost like clockwork, too!
And so I’ve seen more than a few ups and downs
In any case, my dad is very good at calling the bottom and very good at calling the top, he just has opposite ways of observing both
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