Quote from: coromabur on July 20, 2018, 01:35:37 PM

Quote from: Dacosta Osei-Tutu on July 17, 2018, 06:31:30 PM

All of a sudden bitcoin jumped from 6.5k to almost 8k today. I believe those who made panic selling are very disappointed now. This is the reason why i said bitcoin investment is not only about risk taking. Am pretty sure no old member sold thiers at that cheap. Sometimes experience counts. Never think bitcoin is gonna die

Yes, indeed to invest in bitcoin should at least learn about bitcoin more deeply about how the cycle of price increases and bitcoin price drops that may occur so that when the bitcoin price drops you do not immediately panic and sell it and what they get is a disappointment after seeing the price recover and even increasing very high.

Off course when the market is red the best thing to do is to hold because how could you sell your coin in lossing price? Wait for the best kick to gain profitable investments. That is every businessmans goal. Panic selling is only for the weak ones. Hold and wait for the right time to sell.