Post
Topic
Board Speculation
Re: Panic sellers are once again hating themselves
by
Coffee135
on 04/03/2018, 19:59:36 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.
I agree with you. We need to separate our assets. Leave in the fridge. Another part is to use for trading in the market. I do that. Sometimes I buy and sell with less benefit to myself, but I never take my coins out of the fridge. This is my strategic reserve. I didn't sell it for $ 20,000 or sell it for $ 6,000. I'm not even gonna sell it for $ 50,000.