Author

Topic: Never be herded like sheep by the wolves...... keep your BTC and wait. (Read 132 times)

full member
Activity: 630
Merit: 100
These wolves and sheep are the reason for all this volatility in the prices. Why can't they just take advice from warren buffet and buy when the market is at the bottom, and sell when the market is at the top. This will keep things a lot smoother and give bitcoin a better reputation as an investment.
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
I have heard that one of the Apple founders, don’t remember the name, sold all his BTC coins in panic. There are different points of view exist. I agree that it is necessary to stay sober and keep holding.

One of the apple founders got robbed of btc because he does not understand the technology so i heard.

sr. member
Activity: 882
Merit: 251
I have heard that one of the Apple founders, don’t remember the name, sold all his BTC coins in panic. There are different points of view exist. I agree that it is necessary to stay sober and keep holding.
member
Activity: 392
Merit: 13
That what I do, whatever change I get I buy the deep. I just wish I had more.


I think that if you have been watching Cryptos for a while you know at a gut level that this is a great buying level to get in at.  No matter how much I buy of my favourite alt coin I buy I will wish I bought more once the entire sector starts recovery and prices move higher.  Very difficult to see such bargain prices and not being able to buy anything!!!
member
Activity: 392
Merit: 13
That what I do, whatever change I get I buy the deep. I just wish I had more.


I think that if you have been watching Cryptos for a while you know at a gut level that this is a great buying level to get in at.  No matter how much I buy of my favourite alt coin I buy I will wish I bought more once the entire sector starts recovery and prices move higher.  Very difficult to see such bargain prices and not being able to buy anything!!!
member
Activity: 287
Merit: 10
Its not time for sell, its time to buy more bitcoin and youll gain a good profit in the end of the month. Dont panic just because some coin price drop.

Experienced traders and investors managed to use February 1 and 2 to buy more coins. Now, the market will gradually start to go up. Then it will run, and in less than one month the pump might happen. Thus, I also did not sell my crypto.
full member
Activity: 350
Merit: 100
Good post! All the negative news that leads to a decrease in the cost of bitcoin is made specifically. To ordinary investors in a panic selling their bitcoin, and large players bought at a low price. I believe that this is just a correction and bitcoin should be kept and not sold!
member
Activity: 392
Merit: 13
A Great post!
Look at the amount of recent developments, businesses entering the space, new hedge funds trading of cryptos, government involvement - it all shows that the cryptos are not going to disappear but in fact the exact opposite is happening - that they are becoming integrated with mainstream systems.  

You would never know it though as there is so much fear mongering that it overwhelms the psychology of those who bought higher and scares them in to selling.  

This will rebound, don't lose money by selling because someone paid for dozens of "doom and gloom" news articles to influence your decision making.

Buy more at this level if you can (ignore the mis information).
Hold for a rebound in cryptos (this is definitely good advice).  
jr. member
Activity: 238
Merit: 7
That what I do, whatever change I get I buy the deep. I just wish I had more.
sr. member
Activity: 645
Merit: 266
Its not time for sell, its time to buy more bitcoin and youll gain a good profit in the end of the month. Dont panic just because some coin price drop.
full member
Activity: 353
Merit: 101
good read. I agree with the altcoins dilution part especially. There is just too many new altcoins appearing, unless your a day trader it's not safe to hold 90% of them. After a days trading i think leaving everything in bitcoin is a good way to go.
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
I hear so many stories of people that bought at the top 18k range now getting out or thinking of diving out.

This is what they want you to do.

They employ very good psychology to shake your btc out of your pockets into theirs before then forcing you to buy back in as they use the same psychology in reverse to get you buying back in as they bring the price up nice and steady over a decent time frame ...then the pump at the very top.

Don't get sucked in and out. I mean you would have to be unlucky to have bought into the biggest and probably the most important tech shift in the last 20yrs at the top price it will ever reach.

I remember 2013-2014 so many then sold out for huge losses .... it took them years to return just to buy in at the very top again and are now facing the same decision ... these are the sheep the wolves love.

Back then crypto was still a mom and pop thing compared to now. Huge money and investment in crypto and crypto related business. Crypto is not going anywhere. Just like the internet is not going anyway. Those saying it will all die away are bullshitting you.

Walk away forget crypto come back in march april or if you see on the news it sparked back up to a new ATH before that by all means start back up with your trading then. If it is still lower than you bought in april come back in june etc. You have not taken a loss until you sell.

Either way you have no lost until you sell.

This applies to btc only and I would not say this applies to people that have invested into icos with no functional product and no real unique use case. Those could be dumping for good im afraid and i would not be shocked to find those huge ico projects that have nothing to show for the millions of dev funding and millions more they extracted from traders after are not being dumped right now as they feel the SEC on their asses. Imagine those millions of dollars trying to get out into fiat ..........that would give btc and eth a big smack down.

BTC hold... the others that have no real tangible working product then you need to decide...hold and hope for the best or move to BTC and ride that up when it turns. 

All these regulation rumours are GOOD ..this is going to bring more cautious but some very high net worth investors in over time and legitimise the entire thing. What did you think ? the govs were going to let crypto be the new "money" but not make sure they get their cut of it? let's be serious.

I don't think the hold and wait is advisable for all alts - alts are being diluted hard there is only so much money and the more alt projects the more the dilution effect is going to bring them all down over time. I am very pro some quality alts but BTC will be the standard for a long time and until that changes only the proven dev teams are going to pull through. Most alts now especially icos are just general start ups looking for seed money and realised the fomo in crypto was ripe for them.

This is all just my opinion it is not investment advise you should follow. Do your own research and make your own decisions of course.



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