Post
Topic
Board Speculation
Re: Panic sellers are once again hating themselves
by
Sanugarid
on 17/02/2018, 13:57:46 UTC
$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.
We can't still blame them for what they have done. The crash last time is something to be taken seriously. More than half of its market value before was reached due to the continuous dumps. But at this moment, it is now starting to rise. Those who invested when its market value was continuously falling will surely earn huge profit on the next months to come especially if this scenario will continue.