Quote from: coolcoinz on July 12, 2017, 07:51:09 PM

Quote from: bitbunnny on July 12, 2017, 07:13:59 PM

Quote from: Minecache on July 12, 2017, 06:33:24 PM

August the 2nd is too.

Ha, ha, so true!

Why I have the feeling that people just can't live without constant need for panic and disaster scenarios? And no one realy knows what will happen (if anything) on August 1, so far just unconfirmed information and speculatuin. Just relax people, please and stop spreading panic with no reason!

I always laugh when people talk about a market decline, crash, end of Bitcoin and other, when none of these things are happening.
It works like this:
Bitcoin grows, breaking ATH and doubling its value in just a couple months, then it loses 10% in a correction. What is the result? Suddenly nobody can remember how much they earned, that it just gained 100%. All they see is that -10%.

My grandfather had a saying that always stuck with me: "No one ever lost money taking a profit."
You might lose potential profit but that isn't a real thing. My original investment is long out. Several reinvestments later, also removed. But I have plenty of coin in play. Saved my skin when we collapsed last time as I had sold half at a $1000. Bought back at $500 and watched it drop to $250. Bought back in then too but getting nervous I was chasing a dead horse and then the bounce back. Smaller moves as we bounced up and down $100 like clockwork for awhile. Then the big jump. Sold half at a $1000. Stung when it hit $2000 and I sold half. Half again at $3000. Then the correction and back in some at $2500. Lost a lot of potential profit. Locked in a lot of real profit. If we do get a plunge I'll be buying in all the way down and selling half at each $1000. And sleeping like a baby.

If I "jest held" I'd have a fraction of what I have. Even if I chase myself to the ground or halve myself out on the way to the moon... no regrets, a nice retirement and a hell of a ride.