Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
jbreher
on 24/01/2017, 06:59:09 UTC
Quote
you gotta sell and find a new floor after a reasonable time.

Suit yourself. In a chaotic inscrutable market, the only consistent indicator being an 8-year bull run amounting to something like a 100,000-bagger, the only rational trade is to buy and hodl.

Did you hold through all the bubbles you have witnessed?

No. In the period before the late 2013 skyrocket, I engaged in some laddered day trading. It taught me a hard lesson. I made a moderate gain in both BTC and fiat while volatility was moderate. However, when the skyrocket came, I was left holding a bag of stinky fiat, with no hope of buying back in at anywhere near the price at which I sold.

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How do you cope with that?

I don't understand the question.

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Is the fear of it going to Neptune without you higher than it going back to earth?

'zackly.