I wake up this morning and when I tried to refresh my wallet, I findout that bitcoin has lose over $700 from it high of yesterday!
fell more than $1000 and knowing the crypto market, this already was something expected. Whenever the price goes up a lot, it also drops a lot.
Immediately, "this thought come into my mind, don't be afraid, it is taking profits time", new confident come into my mind and I developed another hope that bitcoin is far strong now, better and menture now than in 2017.
I do not understand why you had to think like this when these big increases and followed big losses were always normal things in the crypto world.
I will like to encourage us to keep holding and buying more at this time as bitcoin is on the way to the moon!
probably many people who bought when the price was $8000 should be selling with losses because they think that the price would fall a lot and never returned to the $8000. unfortunately in the market always has a winner and a loser, at the end of the day this is the market
So buy high sell low is your recommendation? gtfo with that bs, this is the worst advice ever. Non whales should be hodling and buying between now and end of 2021. Selling and hoping to buy back cheaper is for gamblers and those who are already rich.
I can't believe you would say such a stupid thing after so many examples of people getting killed doing just that. How do you think the people who dumped at $800s after buying at $1k+ back in 2014 never to reenter feel today? this is just one of countless examples of why history tells us - DON'T DO THAT. I'm 100% confident that even those buying the 2017 top will come out smelling like a rose holding for a few more years.
