Quote from: Don Pedro Dinero on April 06, 2018, 03:46:49 AM

Quote from: btcone111 on April 05, 2018, 04:13:17 PM

I know 90% of us here feel very sad watching BTC plummetting from its 20K high to below 7K.

I might be part of that supposed 10% because I keep yawning as I watch other people cry.

Quote from: cellard on April 05, 2018, 05:52:00 PM

Only noobs feel worried, most of us saw the biggest crash ever after MtGox at around 90% crash, so this is just a joke right now.
In any case, what did you all expect? to hit $1,000,000 in one shoot?

Yes I remember back in December when this forum was flooded with posts on how fast bitcoin was going to reach that figure, or similar ones, and how everybody was going to be rich and happy.

Quote from: The Pharmacist on April 05, 2018, 08:20:25 PM

There are people here who bought in at the top, just as there are in all bull markets. Those people are the ones who should be glued to the wailing wall.

The problem is, the masses invest just like that: they but an asset when they hear from the news that it has skyrocketed and sell out of panic when the first dip comes. Just the opposite of what a wise investor should do: when it goes up very fast, sell at least partially and buy when the everybody is panicking. Or even better: buy and hold. Do your research before buying an asset for long term. Follow basic investing principles, like some diversification or investing only money you can afford to lose, and you wont worry in bear markets.

Was going to comment but funnily enough, someone else here is also yawning. Tears are free. They were joyful when everything was climbing beyond expectations. Why should we cry more when crypto actually has not dropped beyond expectations? I know I expected this dip for a long time. Strange if no one else was going to expect the same.

But masses act as they always do. We need them however.