Post
Topic
Board Speculation
Re: You'll sell at the bottom
by
manselr
on 12/01/2017, 16:24:13 UTC
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.