This epic shakeout will continue until every weak hand is bled out and the fear is palpable. Who knows how long it will last. But rest assured that, when the tide turns, those of us that held on (or bought more) will reap the rewards.
Alan Davies: "We will see who is right. Just look at Da Vinci, a lot of people called him a nutter back in his days."
Stephen Fry: "They said that about a lot of idiots as well."
We don't need shakeouts. We need millions and billions of weak hands to go mainstream. We need growth in all directions. Just face it, this is a bad day.
Exactly. Amazing to see there are still people who believe in the weak hands myth. Been reading that same line during every dump since 1200.
I think it's called a confirmation bias. It's hard for brains to admit they were so wrong for so long
Most likely yeah.
