Post
Topic
Board Trading Discussion
Re: Big gains come with big losses
by
magicmeyk
on 28/03/2018, 09:52:03 UTC
To everyone complaining about the current situation crypto is in or questioning why its happening you need to keep in mind that if something triples in price in a relatively short period of time, it can crash just as hard in the same period of time.  I remember when eth had its climb up $1400 people were ecstatic and they thought that we were never gonna see sub $1k eth again when just a few months ago eth was just $300.  This greed brought on by the price influxes is blinding people from the reality that crypto prices cant keep going up forever.

I agree, many of us are suffering on losses and some are holding because they are in big loss if they sell it now. I hope this will be a lesson for us that pumping the price in short period of time will cause as deficiency in our capital.