Topic: Can't handle the drops - i'm gonna byu more BTTCC (Read 103 times)
I also can not handle down price of crypto because this is happen too fast and i dont have times to decide to sell it in lose and buy back at lower price. Day trading really need full times and faster decision to buy or sell, dont doubt with that decision and doing that fast. Price action of crypto now is make me tired waiting for going to the moon, and only by keep patient will be able to make profit.
no. dont buy more. protect your money. people say bitcoin have a good price at 8k3 8k1 but now what? everything dump so hard.
Bitcoin is driving me insane. 1000$ dropped today and what do I think??
Let's buy more Bitcoin! I will never get it that cheap again xD
Am I addicted yet? Do I need help?
Let's buy more Bitcoin! I will never get it that cheap again xD
Am I addicted yet? Do I need help?
You do realize that when markets drop, it usually drops faster than it rises. It usually due to fear.
When people panic it's usually when markets turn double digit red.
The stock markets are no different, they rise slowly but with bad news they can fall very fast.
Hence most of the global markets have some type of circuit breakers so prevent these crazy drops.
OP, put the $ in FRONT of the digit. That's how it's done.
Aside from that little piece of bookkeeping, you have to beware of getting attached to your investments. I don't think it's a bad idea to buy bitcoin right now, because I think the bull market that popped the price up to $20,000 isn't over yet. We're just in a severe dip, but there hasn't really been any bad news lately that would account for it. Investors are just taking a break and probably took their profits after selling and they're probably in the Caribbean partying for a few months. They'll be back at the office or at home with their trading screens blazing soon enough, and then we'll see the bull start to rampage again.
The issue with OP as I see it is being blinded by emotion. I'd say be careful when you buy and if you're a true trader you have to be willing to sell when you think you've either made enough money or the market is about to reverse. When we got to $20K it was pretty obvious to me that we'd gone up too fast too soon. If you find yourself in love with bitcoin and can't bring yourself to let go of it at a time like that, that's a problem.
Aside from that little piece of bookkeeping, you have to beware of getting attached to your investments. I don't think it's a bad idea to buy bitcoin right now, because I think the bull market that popped the price up to $20,000 isn't over yet. We're just in a severe dip, but there hasn't really been any bad news lately that would account for it. Investors are just taking a break and probably took their profits after selling and they're probably in the Caribbean partying for a few months. They'll be back at the office or at home with their trading screens blazing soon enough, and then we'll see the bull start to rampage again.
The issue with OP as I see it is being blinded by emotion. I'd say be careful when you buy and if you're a true trader you have to be willing to sell when you think you've either made enough money or the market is about to reverse. When we got to $20K it was pretty obvious to me that we'd gone up too fast too soon. If you find yourself in love with bitcoin and can't bring yourself to let go of it at a time like that, that's a problem.
I play both sides of the fence usually... I'd love for it to go up so I can make some money... but I'd REALLY love for it to go down so I can make even more money. 7200 I think its a great entry if it plays out.. the symmetrical triangle pattern we are in is also running really close to the log uptrend we've been in for a long time... 6800 will be despair town though so maybe hedge some to USD.
Edit: Yes you are addicted
Edit: Yes you are addicted
Bitcoin is driving me insane. $1000 dropped today and what do I think??
Let's buy more Bitcoin! I will never get it that cheap again xD
Am I addicted yet? Do I need help?
Let's buy more Bitcoin! I will never get it that cheap again xD
Am I addicted yet? Do I need help?
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