Quote from: Denker on April 22, 2018, 11:58:30 AM

Quote from: Drazen Visnjic on April 22, 2018, 10:01:41 AM

I hope it will hit 10K, so I can sell, then drop to 5K so I can double my BTC... Grin

And what do you when it does not retrace and runs up to 11k, 12k. Do you fomo in then?
I'm pretty sure you would.
And then we retrace to 8k and you may think:" God I'm so dumb." Cheesy

There were guys like you last year around the $3k price. They sold and thought they will buy back in at 1500. But the price moved to 5k, 7k and they all fomoed in again.
What I want to say is, you don't know what's going to happen in terms of price, therefore this strategy of selling all and hoping for a crash to buy back in again can by very pricy. Don't be that fool. Sell a bit, but not all!

I wish everybody who invests in general trading could read this before starting to operate in exchanges... Investing like that is almost like gambling your money on primedice.

Specially considering the current bullish trend, it's way safer to hold and trade small amounts on those price spikes throughout the day. This is important stuff, don't risk falling off the train.