Post
Topic
Board Economics
Re: Weak Hands lose money, strong hands makes profits in this game!
by
0xBitcoins
on 20/08/2018, 06:10:03 UTC
I have been through this time and time again. We go through a dip and everyone is running for the hills or selling their coins.

The trolls come out of their caves and the panic nanny behaviour kick into action, triggering a massive sell off amongst the weak hands.

I woke up yesterday and I saw the price was just above $9000. My first thought was, "Damn, I need to buy quickly, before this goes up" and I did. ^smile^

Most people woke up and the first thing they did was to fire up a browser and to read the comments of these trolls and media shills and consequently selling their coins in a state of panic.

The weak hands will lose money and the strong will thrive in this game. Hodl on people!  Grin

Perfect mate,at the end of the day still bitcoin holders will succeed and bitter will cry,i remember the price of bitcoin when i first came here and comparing to what the value it climbs last December so thats a huge difference

Thats why im asking now when the price just came back to whats the value year ago people got rattled when the truth is were only going back old times
It is not like that making money is an easy job. Bitcoin has made people rich but only those ones who had knowledge and believe in it and for most people, it is difficult to understand and trust not only bitcoin but any other digital currency. Like you said, the present value is a past value but people are reacting like bitcoin is a Ponzi scheme or a weak asset.