Post
Topic
Board Trading Discussion
Re: Big gains come with big losses
by
BabyBoss
on 26/07/2018, 12:30:50 UTC
To everyone complaining about the current situation crypto is in or questioning why its happening you need to keep in mind that if something triples in price in a relatively short period of time, it can crash just as hard in the same period of time.  I remember when eth had its climb up $1400 people were ecstatic and they thought that we were never gonna see sub $1k eth again when just a few months ago eth was just $300.  This greed brought on by the price influxes is blinding people from the reality that crypto prices cant keep going up forever.
You are right mate, crypto currencies are not always in pump stage but they also experience dump stage. When it comes in big gains yes I believe that it comes with big losses since losses can make us learn our strategy to win next time.