Quote from: Ararbermas on June 11, 2018, 06:52:17 AM

Quote from: alexey14 on June 10, 2018, 06:42:10 PM

Sell now or cry next week.
Right now price is under 6700$.
If you LOVE losing money, Keep your btc, whales are laughing at you.

you are a totally fuds mate. Which is still trying to intimidate some holders without strong proof about doing technical analysis, lol i think you must elaborate more on this thread mate before convincing someone to sell off, 'cause this kind of trick cannot convinced nowadays especially if you don't have strong reference on what your saying or let say about your prediction.

The problem is they are correct, the question is how do they know, the issue isn't the price as such, it's the psychology. Most people bought in at $13k, once it hits 50% to 70% loss they cannot sustain the pressure, it will go up again, but that could be months or more of stress with money they don't have, exit is the only short term solution for unsophisticated investors.

https://www.quora.com/I-invested-50k-in-btc-and-alts-when-it-was-13k-Im-worried-but-I-dont-want-to-sell-at-loss-Willing-to-hold-6-12months-Will-it-go-up/answer/Alister-A