Ninjastic
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Re: OH GOD STOP SELLING! IF ONLY YOU WOULD STOP SELLING WE WILL ALL BE OK!
by
thezerg
on 16/04/2013, 04:43:54 UTC
Quote from: bitcoiners on April 16, 2013, 04:23:51 AM
Quote from: Bitmeat on April 16, 2013, 04:22:13 AM
Quote from: bitcoiners on April 16, 2013, 04:18:13 AM
I love how everyone keeps saying, "oh good cheap coins!" and then another hour goes by and it drops another $10 usd.  You don't have that much liquidity.  This market is crashing.  Invest accordingly.

Buying now is known in the bubble world as "trying to catch a falling knife" for good reason.

Yep, thank god for clueless bulls. Smiley

Cheers!

No one knows exactly where and when it will turn 'round.  If you sold at 120+, doubling down -- buying all your coins back at 60, then 30, then 15, etc. looks mighty fine even if it continues down... assuming you are LT bullish.