Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Everybody, get ready for a massive dump, because I just bought back in. Somehow what I do always makes the price do the opposite of what is good for me.
I thought it was all about me and you're saying it's all about you
anyways I'm ready for the dump
I know the feeling. I was up briefly yesterday and chose to hold just before it crashed. Then when I didn't choose to buy the price went back above what I panic dumped for. I should have taken my meager profits when I could and brought back at 200 but I thought it was going lower instead of bouncing off it.
Perhaps I'll take LFC_Bitcoin's advice in the future.
The reason btc is the easiest market in the world to trade is because so many people trade it who don't have a clue what they're doing.
Experienced traders capatalise on this and are buying when you think its going to dip lower and are selling when you think its moon time.
If you don't trade anything else just buy and hold, all you do by flip flopping is give your money to the sharks.