Post
Topic
Board Speculation
Merits 5 from 4 users
Panic sellers are once again hating themselves
by
pereira4
on 15/02/2018, 17:38:24 UTC
⭐ Merited by OmegaStarScream (2) ,LFC_Bitcoin (1) ,DeathAngel (1) ,8Habits (1)
$10k is broken and with this a lot of messages of people that sold at below $6000 trying to "cut their losses". Mostly because a lot of people was about to go bankrupt as their longs got liquidated. And with this, also came the super bears expecting $1000 a coin again, so they put really aggressive shorts, of course, only to get destroyed by the current recovery.

Lessons to learn for the noobs: Never panic sell, never margin trade, you can FOMO if you are here for the long term (5 to 10 years) since it doesn't matter if you bought at $20k or at $5k as BTC will be worth millions eventually.