For anyone who missed the dip, now is the time to try again. If you pussy out you'll regret it in a few months I reckon.
I swear I can predict the dip by when I am fiat broke!
Never Fails.
The danger for us, who know what Bitcoin means, is similar - to be tempted to sell at the "top" of the cycle and rebuy at the "bottom" of the bear market. It sound so tempting, for example if we sold at 20K in Dec 2017 and rebought in 2018 at 3100, we would have had >6x more coins! And this thought was so depressing for me during the 3 year bear market. But there is nothing to be done about it. On the chart it looks so easy, but how many succeeded selling and rebuying with such a huge profit? The odds are much smaller than betting on a single number of a roulette in a casino. They are higher if we aim for a smaller profit like 10-20%, but does it look fine betting 100% of our stash for, say a 25% chance of winning? This is only a rough estimation.
This is soo true, even if you do catch the top which I did the chances of getting back in with the original amount or more is slim for a myriad of reasons.
Mine were mostly partying and gambling.Stinking 4 pages to catch up, teach me to go get a tooth done.
Jay = Win, Juan = Young, Gee = Ghee, = WinYoungGhee.
