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It's a Holiday no action
Despite the dip, I'm still holding long. Yes we were all banking on the BGL merger but they are just 1 company, there are still many other potential companies that would want to merge with BTCS.
Based on the verbage from the latest shareholder letter and previous filings, I give it until June to decide whether I'm out or not. I believe this is the same deadline the board has as well before they decide they are out and when they have no more finances to support their efforts.
We will probably see another dip and its another opportunity to buy in low. But I'm pretty sure BTCS board is wanting a merger as much as we do and are doing all the necessary due diligence in picking the right partner. The fact that they were able to remove all debt in 2017 is amazing and should not be go unnoticed.
Lol I like how you say he is just providing pumping news. The difference between what he is providing vs. what you are is he actually provides technical analysis on the charts of what of could happen. All you say is IMO I believe its going to drop so I can re-enter... Where is your technical analysis or reasoning behind the drop? Could we just say you are just providing false dumping news??
I look at it as if the merger that is planning to occur with BTCS and BGL don't require his services anymore or maybe is planning to be bought out in some way. This is probably better news to show its moving forward as planned.
My goodness why can't this merger happen already, all these "fake" blockchain wannabes are capitalizing on buzz with blockchain. Another article about now Hooters talking about blockchain and now up 50% lol
https://arstechnica.com/tech-policy/2018/01/blockchain-announcement-sends-hooters-parent-company-stock-soaring/
Dro27 it definitely is a scary thing to think about missing the boat when you try to average down. At the end of the day you need to know what you are ok with winning or losing. If it is the missing the boat then don't sell all your shares but play with 30 or 40 percent of your shares and even if you miss the boat that boat of 60 percent given what we all believe BTCS will be will be massive. We all get into trouble when we get greedy. A little of something big is better than nothing just remember where we all started here. When the roof blows off of this even 20k shares with a 10 for 1 split could easily be 200k when it's all said and done. Yes the human nature is to want more think about the what ifs of man if I had averaged down I would be up 20% more etc... But there is always another side of the story. If you can not handle the swings I recommend just holding your position if you can then just make sure you are trading based on charts and positioning and not emotion as the value rises and drops quickly.
For me, I have been in this very early since the .06 and I sold around .24 and missed the
.5 surge. But at the end of the day I still 4x my money. Never get too greedy, since then I have been playing this stock and there are very good days and very bad days given the volatility of this stock recently. If you trade with emotion think about on a bad day losing 30k and if I just sold my position during a short term drop. Your shares are only valued at the drop if you sell tuem. When the next week It goes up 70 percent and instead I make 50 to 60k because I held. You need to keep yourself disciplined. Again if you can't keep emotions out of it don't play the day trading game.
I do believe 2018 will be good to us. The patient will hold and not be greedy. However I did sell a majority of my position here as there are some short term plays but still 500k shares so if this goes up and I believe it will by a lot. We all make a lot of money. GLTA
Agreed with the amount of float here there will definitely be a RM which isn't a bad thing. I believe their plan is to uplist and ultimately with all the PR we would get this could easily jump from open of 5 dollars to 100. They are doing everything strategically and not just throwing blockchain lingo around to get buzz.
Wish everyone a happy 2017. I've cashed out 70% of my holding of BTCS and put it all into XRP. I think there is higher short term gain. Imo I don't think the merger will happen until late Q1 given the verbage of the past filing deadlines. So hope to see y'all again then. Until then Good luck all.
Haha that was me I had it on a limit buy :)
I've been in since the .06 days but been buying and selling. My taxes are going to be over 6 figs :/
Today was a very solid day with very little up and down on the price. This is what I like to see!
A lot of this isn't related to Clay but the fact that he only covers stocks that generally go up 30-40% in 1 day. So most of the time the next day has a price correction. Totally unrelated to him.
My goodness this stock has been good and bad the last 5 days. If you played it perfect you probably saw 200% gains. Even today had a 30% swing. GBTC had a 45% swing.
If you do not have thick skin and can't control your emotions with these huge swings, then you do not belong in OTC. There is a reason why there is allows a lot of momentum shifts in this market.
As for the person who said they lost their house, its only been 1 day, hold your shares and don't sell off or else you really did lose your house. This is all temporary.
2 supports were broken... Its one of those days where you need to really just hold your shares. Yes its tough to see a 33% swing in 1 day but again this is just 1 day. Like someone said earlier, you only lose if you sell your shares and then try to buy back in when the price moves up.
I sold at .28 in the morning then re-bought back in at .225 thinking the .22 support would hold but people are overselling.
Man people are ripe for blockchain, look at this company just mentioning blockchain and is up 200% lol. Why can't this merger just go through!
https://www.cnbc.com/2017/12/21/long-island-iced-tea-micro-cap-adds-blockchain-to-name-and-stock-soars.html
That would be amazing but I think the new support is around .24, I put a bid around .25 so I don't miss out of it like yesterday.
Man I watched the stock all day today and got greedy and put 400k bid at .22 rather than .23 and missed it and tried to chase but it shot up to .26 and wasn't worth it anymore. This stock has been extremely tricky with the big jumps intraday within 5-10 minutes.
If it makes you feel better I'm holding 1.2M shares right now -_-
Is no one impressed that every other BTC stock is red while we are holding 12% gains? There obviously is some good support here. Hold strong!
This stock has been extremely tricky in the last 4 months. Given a lot of the "pre-merger" hype and bitcoin hype has caused a lot of manipulation on this stock since we don't have enough bulls in the game to hold the position. Once this merger goes through, we will not have to worry about little minions who have 50-100k pockets coming together to move the stock. I've been doing my part in pushing the pile (500k worth) but once this merger comes out, expect the volume to easily hit 100M and these days of daily manipulation will be gone. JMO
Can they just make our lives easiest and post the merger now! :)
Aight just bought another 400K at .279. This volume is insane.
Man, intraday trading is stressful hah watching this float around .29 to .275, why can't trading just be up and up and up and not have to worry about dips.
Based on the chart, the .29 has been tested a few times in the last 30 minutes. Better support than .25
Funny to see people posting about how they gonna sell at .5 or 1 dollar. Short sighted... This has a big opportunity to make people millions. Their goal is to grow through acquisitions. With backing from BGL who has a huge war chest will allow them to grow exponentially. This could easily hit Nasdaq in the next year and go easily to 50. Y'all thinking of 50 cents where the true play is over 50 bucks. JMO
The 8k filing of salary/bonus paid is good news given that the expiration of their contracts was Dec 21. Now that they have been compensated we can look forward to more continued growth towards the merger. They have been doing everything systematically so there definitely is a lot at work here and we hopefully will see something big soon enough. Everything is being planned accordingly.
Not going under .2 IMO anymore, there is levels of support already, we saw it already tested at the end of the day and it floated around .235.
Good push in the last 20 minutes.
IMO there is going to be another run if we break this .3 wall. You can easily see another 20% jump. Can't complain about those gains if you get it.
You say you sold at .18, why didnt you get back in when it dropped to .185?
We about to hit the .3 wall again, if we break through this is going to soar to .37 easy
I agree as well, there is too much real money in this now. I really do feel if this merger comes soon, we could easily hit 5-10 dollars or even more. Just look at some of these companies that acquired crypto companies. I feel like a lot of the public is looking for ways to get into this bitcoin or blockchain. They see bitcoin so high and don't want to get in because they think its too late. Once BTCS gets public news then everyone is going to jump on the bandwagon and this thing is going to fly.
Man already over 17M in dollars crazy volume here
I have a feeling at 1PM EST this thing is going to blow
I would but im all tapped out! Just imagine if merger news were to come out today.... only if
Lets push through this wall of .3 I'm sure many have stop orders at .3 which triggered a massive sell off but push through the wall!
Guys, can we all be real right now and lets just say this timing is impeccable! Right before XMAS and we are getting this huge surge of GREEN!!
Guys, can we all be real right now and lets just say this timing is impeccable! Right before XMAS and we are getting this huge surge of GREEN!!
FFFFFFFFF I miss clicked and put a limit sell instead of a stop quote lol FFFFF sold all my shares at .25 and been trying to catch back in at .27 DAMIT