Post
Topic
Board Announcements (Altcoins)
Re: ★★DigiByte|极特币★★[DGB]✔ DigiSync v6.14.2 - DigiSpeed - Segwit -DiguSign
by
ibeta
on 17/01/2018, 16:15:32 UTC
Market is collapsing ....pretty scary Huh

Nah.  You get used to it.  With each new rush of crypto investors, there are panic sellers/fomo buyers and people waiting to prey on them.  Most of them learn after a couple of drops and start hodling more or just get out altogether, but we did just have a massive intake of new investors over thanksgiving, so, it's to be expected that they're still learning.

Once you get acclimated to the swings, you realize this is the opportunity to accumulate whatever your favorite coin is at prices long past.  Buy when others sell, sell when others buy.  It's simple, but people still insist on herd mentality and lose tons of money following, which causes them to both buy high and then to sell low, obviously not a great strategy.

The scariest thing about today is that we seem to have already found the floor.  I would have done some cartwheels if we could have gone back in time a few more weeks.  That's the other thing you learn, buying opportunities like this don't last long.  You want your orders in weeks in advance, because if you wait for the mega corrections to happen, you might not have time to get your trades in.

Lost over 120,000 usd so far....will it come back?? We have not seen the floor yet.....