Post
Topic
Board Economics
Re: Weak Hands lose money, strong hands makes profits in this game!
by
rasp
on 27/08/2018, 14:42:21 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
The thing is that you never know when exactly the bottom will be reached. Some said that $7k per btc would be a psychological threshold that could ruin the whole system - but OK, now we have $6,500, and nobody has died so far.
Holding is almost always the best strategy, but oooh how exhausting it sometimes can be..