Yep... I have, i don't want one single person to lose their money.
The coin is oversold. why would people (or bots) sit on this thread and encourage noobs to buy it, when deep down even the hardest bull knows it's the end for now.
Would you recommend your grandma to buy at 8150 ? Please answer that question.
The coin is oversold. why would people (or bots) sit on this thread and encourage noobs to buy it, when deep down even the hardest bull knows it's the end for now.
Would you recommend your grandma to buy at 8150 ? Please answer that question.
If it was 21 billion bitcoins, instead of 21 million bitcoins, would you consider a price of "8$" as expensive?
Yet it is the exact same thing as 8000 with a supply divided by 1000.
It's just that the average grandma can't even make distinctions between millions and billions, and how marketcap is calculated, so these things are outside her comprehension. It's that simple really. People who can't understand why bitcoin price is seemingly "high" will hand over their bitcoins for cheap. They'd do the same if they owned berkshire stocks - which are now close to 300k usd each, since they don't do stock splits and the quantity of stocks remains lower than other stocks.
But if you do not sell, you do not realize your real money
Mate you want to know something funny.
That is the exact same stuff my friends told me when btc was at 400$, at 600$, at 800$, at 1000$, [...], at 8000 $.
Edit: actually when btc went 4000+ they all went silent or asked infos about btc
If i would have realized my profits i woulda have sold at 400$ for 150$ profit per coin and would now cry myself into sleep every night.
BTC is not the usual shitcoin that you buy and hold for a week to profit from a p&d.
It still does not hurt to take a bit of profit along the way. If you started at $300, then $400 would have included 33% profits - then $600 would have included 100% profits - then $800 would have included 167% profits; then $1000 would have included 233% profits -then $8,000 would have included 25.67% profits -
So surely it does not hurt to take some profits along the way, and perhaps a bit more profits, the higher percentage that your profits represent - of course you can reinvest some of that money that you take out too, if a price drop does occur - which is inevitably likely to happen from time to time, even though we cannot be sure exactly when and the extent to which such price drops will occur.
