No, I haven't sold. Any. There's no point for me to do that... not at this price, not at any price. But I am slowly losing hope I will see Bitcoin recovering its previous heights. It's more like I have accepted to ride this thing to hell.
Normally I would consider that feeling to be a great contrarian indicator... so bullish. But when I say I am losing hope I really mean it this time. (I) Never before felt like this.
I am struggling to post this or not. But it wouldn't be honest not to share my feeling just to avoid the (probably justified) critic/flame.
I wish to be wrong though. Would even wish for a pump right after I press the "Post" button.
I have never sold a single Bitcoin (trading doesn't count) but now I am starting to understand why some people finally "break".
Still struggling to post..... but will do it, just don't be too hard on me and my current negative view... maybe it is really even a good thing if there's more people feeling the same... or maybe not. Whateva.
* THIS IS NOT FINANCIAL ADVISE, IT'S JUST ME SHARING SOME THOUGHT/FEELING.... MOST PROBABLY COMPLETELY WRONG... HOPE SO.
I don't expect an immenent pump. I suspect Bitcoin is probably going down more. It will be a fantastic buying opportunity.
Nothing has changed in the fundamentals. Bitcoin remains a revolutionary technology that allows ownership of wealth and transfer of value without intermediaries. There is no comparison or real alternative out there for those looking for what it offers. The nations of the world continue to debase their currencies at an unprecedented rate. Socialism is rising everywhere and with it increasing wealth confiscation. That will sooner or later turn ever larger numbers of people to Bitcoin It's just a matter of time.
Bitcoin simply climbed too high too fast on the wild dreams of those who wanted to get rich quick without working and almost all of the forks and altcoins were worthless from the moment of inception and the market is slowly figuring that out. All that is lost for the moment is the get rich quick vibe. The value investor is and will step in at this and lower prices. Bitcoin's long term potential remains quite compelling.