Quote from: JimboToronto on March 27, 2017, 04:02:53 PM

Quote from: york780 on March 27, 2017, 02:23:40 PM

Its the best to stay away and stop with trading for ever for me. There is just that one moment when you finally lose your controll and pacience and start making stupid moves.
So i will build my cold stash (trying to increase it with 250%) with my fiat money.

Just remember that holding also requires patience and control. It also requires sufficient resources that you don't have to sell during times of lower prices.

If you're barely getting by and see your holdings worth a fraction of what they were worth, it can be really hard not to sell, especially if you strongly feel the price will keep going down.

Those are the times you should be buying more, albeit incrementally keeping enough spare fiat on hand to buy if it dips further.

Accumulating fiat from your normal income during periods of flat or rising prices is a good policy. That way you're always prepared to buy the dip.

Just never sell.

Yes my friend. I am going to do that. More fiat incoming in 5 days. I am gld that i have joined this party when the price was still about 600$. We are all blessed with bitcoin and cursed with greed. Embarrassed

https://twitter.com/semibogan/status/845837275548200960/photo/1

Looks like i have entered stage 3 of the bitcoin phase