Quote from: mriansa on October 27, 2017, 03:40:48 AM

Quote from: neurotypical on September 10, 2017, 12:27:16 PM

I know some coworkers that sold BTC today, they are real casuals, they got into BTC because they heard it went up a lot, they don't know even to set a local wallet so they store their coins on Coinbase or wherever the fuck they buy at.

Well, they sold today at at the dip near the $4000 double bottom.

The irony is, these casuals are the ones that are always complaining about how it's unfair that BTC is distributed in the hands of few whales, YET, they are the ones that constantly panicsell and give their cheap BTC back to these same hands they are complaining about, because guess who is profiting the most on these dumps: whales. They buy lots of cheap BTC.

If you want whales to stop having so much BTC, don't panic sell or you will keep feeding them. Just focus on your own portfolio and keep stacking BTC on the dips. In the long term, we will win.

selling panic is a very detrimental behavior that I have ever done in this world of trading, I am very sorry for not knowing if the price will again be expensive again, it is the behavior that makes me lose I regret it.

If you know that you have done it a lot of time then you should make it as a basis for you to learn a lot of lessons from that mistakes. Trading is full of emotions because of the fast changing price too so if you will let your emotion to eat you and take over your decisions then you will do the unexpected things like panic selling or panic buying because of the hype. If you know how to manage your emotions then you will win in this game.