Buyers should have more leverage correct? We should not buy unless it’s much lower because we hold the leverage. There are a ton of LTC owners that have to dump their LTC in about 45 days. Their best price was probably the first price when they found out. Now we’re seeing some of them holding out for better sell prices. Their sell orders are higher. The closer it gets to the dead line, the worse their price will be.
So it’s them who should panic, not us. We can hodl and wait for low prices right?
What am I missing?
They’re the ones sweating panicking. They’re watching as their profits crumble. We’re long term and just see the future gain. We shouldn’t even break a sweat right?