Quote from: manselr on January 12, 2017, 04:24:13 PM

Quote from: LFC_Bitcoin on January 12, 2017, 04:05:16 PM

Quote from: cellard on January 12, 2017, 03:47:19 PM

When you decide to sell, be it today or tomorrow or whenever, chances are you will sell at the bottom. This will cause you massive depression, way worse than not selling at the peak to rebuy cheaper.

Buy and hold, or risk selling at the bottom and losing your position. After this dip stabilizes, we are going $2000.

Hear Hear!

These are cheap coins, everybody should buy whilst they can still afford to.

I agree, but most people act on strong emotions only. The people that don't buy now will not buy because they have a strong feeling of fear. "Oh no, bitcoin is crashing, it's dead!!"

Once we start climbing back to $1000, this same people will go like "oh no, I need to buy quick, it's going to the moon". Then when they finally pull the trigger and buy they will buy at the $3000 peak and cry.

This is why before we being to put money at risk we must read articles, the forum and some books about investment and learn to recognize when we failed to enter in the market and just wait for the next opportunity to profit from the market.