Post
Topic
Board Trading Discussion
Re: I wish I dump all the BTC in late DEC 2017
by
SpringfieldM1A
on 25/07/2018, 11:13:47 UTC
what a year, wish I dump all the coin in late DEC lol

and today, spend the 100% from that capital and bought it again, so u still holding the same amount as late DEC while steady with the 900% profits..

Oh come on.
What if I bought BTC when it was under 10$ and sold it when it reached $20k?
You didn't know what will happen, made the wrong decision and that's that.

Exactly, no one knows when we were going to see a reversal in the price of bitcoin, we knew it was close but that was it, besides as long as you bought your bitcoin before October of that year you made good profits, I have been holding for longer than that and even with the crash I am sitting in some good profits but with the price this low it is obvious I'm not going to sell now.

Yeah don't sell your bitcoin now because it's obviously that you will lose your money, for me I will hold my bitcoin for five months or 6 months because I will wait for the recover of bitcoin .

I do not even see any point why he will be regretting not selling at the top when he does not have trading knowledge and should have known better how volatile the market can be.
A lot of people sold and they regretted it, so at any point, anyone who is trying to play the market without strategy or knowledge will just be busy gambling their positions and unless they get lucky, they will keep getting worse. Best thing is to relax and buy additional when the market is real in an oversold state as that is what smart investors do.