Post
Topic
Board Bitcoin Discussion
Re: Sadness
by
flipstyle
on 15/01/2015, 01:18:22 UTC
Come on guys, it has breached 200. It's gonna go much lower. I know bitcoin will recover and I'm bullish long term crypto, but this is not the right time to buy if you're already down, the slaughtering can still get much worse. Remember not to chase your losses, it feels even worse than losing in the first place. Sad

"It's gonna go much lower."

It is? and yet you don't say why.

"I know bitcoin will recover"

You do? and yet you don't say why. Or is, YOUR being "bullish" what affects price? These posts are more painful than the price.

"but this is not the right time to buy if you're already down"

Since when is it wrong to average down?

"the slaughtering can still get much worse. "

Life can always get worse Smiley

By all means, continue averaging down and invest the rest of your funds towards Bitcoin, and report back next year.  I'll be happy to read your findings.  Hopefully it's not in the same remorseful tone as the OP.