This is a story that I've heard before (2-3 yrs ago) that still gives me gives me thrills to this day.
And it is a story that I heard a couple of years back as well, when Bitcoin was still trading over $1000:
Looking weak? It just had a record day on almost every exchange and is still greater than $1000. Plus it could be argued that it's in the process of putting in a solid double bottom.
Don't think you will ever get coins for ~700 again, sorry to burst your bubble duder.
!!!SMACK DOWN!!!I have now entered at top of market and done quite well, although am losing now and selling at lower prices than I paid to limit damage.
Oh man I considered you to be smarter than that. You just never sell bitcoin cheaper than you bought it, because every dip is a temporary retrace. Your panic mode for bitcoin should mean "stop buying" and then when you think it stopped falling you start buying again. Any other way - and you are just robbing yourself. Can't stop you, of course, but sad to see.
May I just say, thank fk I know better than to listens to nutters like you!
Yes sir, I will keep my money and am looking forward to owning much more btc than I had, at yet lower prices.
It's your money and your way to lose them
We'll talk again once you buy at 1300.
....and we all know how things progressed from that point onwards. Fact is, people on here talk authoritatively as though they actually had half a clue what they were on about, but in reality are simply letting their avarice driven fantasies dribble out of their arse. Despite 'calling the crash', I never knew much about markets back then but now that I do, I can see how glaringly obvious it was that Bitcoin was wildly overcooked, how huge bearish divergence had set in, and how ridiculously dangerous a long trade it was. That fact that these guys I quoted, all of whom were holding large amounts of BTC, weren't even able to read the most obvious of obvious of basic technical danger signs, quite frankly speaks volumes of the dumb fucks that are (or were) invested in Bitcoin. I would gladly take 'buy now or be sorry' advice on this forum about as gladly as I would take a hole being drilled in my head......
....oh and for the record, there is absolutely nothing about Bitcoin market at the moment that screams 'buy now or be sorry'. If anything, quite the opposite. What Bitcoin is telling me is more "out of steam, almost certain to test bottom of range trendline, wait and see if that wants to bullishly resolve or not"