Quote from: Attention Whore on February 05, 2018, 10:04:25 PM

Quote from: HitbtcSCAM on February 05, 2018, 09:18:38 PM

I see many people are coming on this forum to try to deceive and manipulate peoples minds, the evil forces are trying to scare the weak people to loose their money.Bit coin is ok you just hold untill Christmas time 2018 and then you will see your surprise.Dont listen to FUD go watch TV or do something else if you are worried and always watching the price.

Well, I personally think this is a weird way to look at it. It sets you up to be like "oh we are still in the positive" when the market is clearly going downwards. I feel like with this mindset you will just continually go back to earlier times in order to say "we are still in the positive".

People started saying "we are up x% since December" and now we are working our way to October lol.

For instance, you could say now that it's up 40% from october 2017, or up 300% from july...but that's also like saying in 2008 hey the market isn't crashing, we are still 15% up since last summer... or 50% since the summer before that!

Sure the market came back after a year of crashing, but that's not what we are talking about here. There was a period of time when the market WAS NOT in the green anymore for almost a decade worth of price action, so this thought process would've done you more harm than good unless your plan all along was to hold through the crash.

Yes the tv and FUD is misleading, but so is this mindset.

It's fine if you do this to cope during bad times and plan to hold for many years ahead of here, but to push this narrative on others when your trading strategies might be vastly different is not a good thing. You are choosing to cope with the pain, don't manipulate others into making the same choices as you when they are more than likely unprepared for the consequences.

In a way you are right, but the price you should worry about is the price at what you bought, if you bought at 1500 then as long as bitcoin is above that then you earned money without doing anything, yes the market is going down and our profits as well, but if you were that worried you could have sold at the ATH and buy at these prices instead of holding.