Post
Topic
Board Speculation
Re: What's going on with the dump?
by
Lionel
on 22/02/2018, 16:54:47 UTC
MrBigHang, I bought in about $8800. It is a bit worrying. I'm not sure if i should be putting in a sell just before it hits that or not. I wouldn't want caught in a trap and sell, then a second later it reverses.

Sounds like you are trying to day trade.  Looking at the charts daily means that you are day trading and you will lose.  Everyone pays tuition day trading and tuition these days are high.  Day trading is an emotional game and it sounds like you don't have the stomach for it.  Bitcoin doesn't go up in a straight line. 

If this is a true investment, you'd buy and forgot for a year. 

Bravo
+1 Merit for this

That's the winners strategy.

Especially for intelligent investments like Bitcoin which are not a bubble like Tulips, it doesn't make sense to act like sheep just for the fluctuations.

You should see how BTC performs yearly, never compare the today's price with one month ago