People were asking these questions back in January as the price zoomed toward $20.
"Oh look, it's overbought, better take profits."
"Oh oh, it's up so high, it'll really crash hard from $22."
Yeah it crashed hard...to $50, from $266.
I've said it time and again: if you think you're such an amazing trader that you can do better than the 1000% annual gain of just buying and holding, be my guest.
Well, I think some people, due to limited capital want to maximize gains now in bitcoin so that they can realize those year over year gains down the road. But also, how long can we sustain those kind of annual gains, do you think? "Oh look, it's overbought, better take profits."
"Oh oh, it's up so high, it'll really crash hard from $22."
Yeah it crashed hard...to $50, from $266.
I've said it time and again: if you think you're such an amazing trader that you can do better than the 1000% annual gain of just buying and holding, be my guest.
