This place is such a cult like atmosphere, mocking people who want to get out after losing a substantial amount on their initial investment. cognitive dissonance at its finest. I'm worried what it will be like when price drops into the $300s... just don't drink the kool-aid, please.
It's almost like my laptop developed smell-o-vision.... I can smell your fear.
fear is the mind killer. never have more invested in an open-source beta project than you can afford to lose, dude.
sharks can smell fear and greed a mile away.
Amen to that.
I sell BTC (and possibly short) it whenever i see a downtrend coming. But the point is never to "get out! omg bitcoin is dying", because I am not a complete fool.
BTC was bought massively after each crash crash in the past while having no real "legitimacy" to the eyes of the masses. It was just an anonymous (even though it's not anonymous) currency to buy drugs online.
And look at it now. Infrastructure being built, more serious merchants are accepting it, and all for a revolutionary technology that can cut out the middlemen from the financial world, among endless possible features/uses that developers around the world are working on or yet to be discovered.
The idea of investing in a decentralized cryptocurrency will survive because of the strong fundamentals attached to it, and if the idea of cryptocurrencies survives, for now, BTC will survive, being the technological and economic center of it all.
In the meantime, use this amazing volatility opportunity to trade and accumulate.
