Post
Topic
Board Bitcoin Discussion
Re: Are You Easily Discouraged with Dips?
by
dansmith_99
on 01/12/2017, 06:32:48 UTC
Yeah its interesting to think about it. the pros who have been in it for a while when they see a dip are happy because they can buy more. But of course their lack of concern is usually partially because they got in initially at a way lower price than what its dipping down at.

The noobs who are buying the tops on the other hand have to practice emotional control when those dips come. Although people who understand bitcoin and its economy know that its here to stay and going to go up in value. the noob just see a huge loss of money they may never get and in their mind are cutting losses when they sell at the bottom.

With every trade there is a winner and a loser.