Topic: That 'feeling' - That urgent feeling - page 2. (Read 2458 times)
Well I'm getting the urge to buy, last chance before it explodes, but I have no money left from feeling the same and buying at 480 a couple of days ago!!!
Those are usually the times you should sit on your hands and do nothing. Just IMO.
"Be greedy when others are fearful" - Warren Buffett
"Be greedy when others are fearful" - Warren Buffett
Im gonna preface this with the fact that Im not Buffet's biggest fan and I do disagree with him on BTC.
However:
"Stay away from bitcoin" - Warren Buffett
We are usually at the bottom when I get the feeling that I should sell for easy profit. I currently don't have such feeling but I'm starting to think towards that direction already.
Just trade with the trend and don't try to call exact bottoms or exact tops - or you will get killed eventually.
If Chinese money starts leaving bitcoin, we could be heading back to pre-November 2013 levels. In a way it's good for bitcoin, not so much for speculators though.
China is old news.
People in Denmark can trade BTC and legally pay no taxes.
I never get That urgent feeling at bottoms, I always know buying is the right move.
At tops I sometimes want to buy after a small dip
I imagine the Chinese have a lot more money invested in BTC compared to the Danes.
If Chinese money starts leaving bitcoin, we could be heading back to pre-November 2013 levels. In a way it's good for bitcoin, not so much for speculators though.
China is old news.
People in Denmark can trade BTC and legally pay no taxes.
I never get That urgent feeling at bottoms, I always know buying is the right move.
At tops I sometimes want to buy after a small dip
If Chinese money starts leaving bitcoin, we could be heading back to pre-November 2013 levels. In a way it's good for bitcoin, not so much for speculators though.
Me too. My brain think we are close to the bottom but I feel I would be more secure if I would sell.. in case it drops to 200s
(I usually solve the problem by selling just 1 or 2 "symbolic" BTCs)
The next step is "cancel all my buy orders"
(I usually solve the problem by selling just 1 or 2 "symbolic" BTCs)
The next step is "cancel all my buy orders"
Those are usually the times you should sit on your hands and do nothing. Just IMO.
"Be greedy when others are fearful" - Warren Buffett
"Be greedy when others are fearful" - Warren Buffett
Anyone get that feeling when a market is topping in euphoria or bottoming in despair?
I got that feeling at $225 during the April bubble, at $60 when it flash crashed, at $150 again at the rebound and at the $80 during the capitulation. It's that urgent type of feeling, a vous-devez type of obligation to act. When it's a euphoric tops, it's an alarming sensation of "You MUST buy in!! NOW!" and at bottoms it's a "Last chance to sell! Do it!" kind of heart-pounding focus. In retrospect it's obvious which trade is right but I usually end up making the exact opposite trade.
I'm getting that feeling right now. Anyone else?
I got that feeling at $225 during the April bubble, at $60 when it flash crashed, at $150 again at the rebound and at the $80 during the capitulation. It's that urgent type of feeling, a vous-devez type of obligation to act. When it's a euphoric tops, it's an alarming sensation of "You MUST buy in!! NOW!" and at bottoms it's a "Last chance to sell! Do it!" kind of heart-pounding focus. In retrospect it's obvious which trade is right but I usually end up making the exact opposite trade.
I'm getting that feeling right now. Anyone else?
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