Post
Topic
Board Speculation
Re: This Bubble Didn't Last Long, Time To Sell In Panic
by
ngin-x
on 27/05/2017, 11:53:23 UTC
Price was about to reach $3000 but suddenly just like when it started to rise from $1200 now has started to fall from $2800.
If you don't adapt with the market you'll for sure lose, when market is moving upwards you should go with it but now market showing the signs of going down and we should all go with it, only the ones who were meant to hodl for long will continue to do so because these prices is nothing for them but the middle class Bitcoiners like me and most of the people here can not sustain such drops, so start selling to avoid more suffering.

Dont make people sell in panic by your advice. Its a wrong decision. I know how it feels if your profits drops with drop in btc price but you need to show some heart and trust if you wana earn big. This small decrease in price is temporary and it will rise more in 1 to 2 days. Those who have courage to take risk are the ones who end up making good profits.

Panic selling is wrong idea but instead hold it and wait for the buy back of bitcoin. Even though your profits has lessen by the price fall of bitcoin don't afraid to hold it because it is temporarily only and have a faith on bitcoin.

After the epic crash of 2013, it took 3 years or so for the price to bounce back to the ATH. That means those who bought at the ATH made no money for 3 years. So it's not like HODL always works. Probably best to take little profits during the mega bull runs and buy back at dips. My mistake was to cash all out when the rally was just getting started and not keep some in reserve.