She is going down boys! Going to HODL a lot of what I bought on profits, took my original investment off the table.
Higgs Bosun said:
Tue, 19 Dec 2017
Bitcoin is a risky investment that could easily plunge 50 percent next week to levels seen only last month, said a former hedge fund strategist who is now a digital currency investor.
But Dan Morehead, founder and CEO Pantera Capital, predicted Tuesday that bitcoin in the long run is likely to spike much higher than current prices of about $18,200 per unit.
"For the big blockchains like bitcoin, ethereum and ripple, we're in the first innings of a multidecade thing," said Morehead, who bought bitcoin when it was at just $72. "And there's going to be some ups and there's going to be some downs, but we're still really early."
Blockchain, the technology underlying bitcoin and other digital currencies, is an anonymous, decentralized public log that records all transactions.
Bitcoin could be "down 50 percent next week ... where it was a month ago," Morehead said on CNBC's "Squawk Box."But in a year, "it'll be much higher than it is today."
Maciano said:As a HODLer I'm kind of relieved with this correction, if this thing had gone up like the last two weeks it would have forced me to sell some HODLings. I simply don't make enough money right now.
Now I can even buy the dip. After january 1st, the bull-run can safely pick up again. No need to worry.
Also, if you're gambling with shitcoins you will now have learned the hard way that alts dump harder than bitcoin.