Quote from: millionaireshs on September 09, 2018, 11:15:24 AM

Quote from: neurotypical on September 10, 2017, 12:27:16 PM

I know some coworkers that sold BTC today, they are real casuals, they got into BTC because they heard it went up a lot, they don't know even to set a local wallet so they store their coins on Coinbase or wherever the fuck they buy at.

Well, they sold today at at the dip near the $4000 double bottom.

The irony is, these casuals are the ones that are always complaining about how it's unfair that BTC is distributed in the hands of few whales, YET, they are the ones that constantly panicsell and give their cheap BTC back to these same hands they are complaining about, because guess who is profiting the most on these dumps: whales. They buy lots of cheap BTC.

If you want whales to stop having so much BTC, don't panic sell or you will keep feeding them. Just focus on your own portfolio and keep stacking BTC on the dips. In the long term, we will win.

That's a great strategy and should be our strategy so that we can be able to play with them. This isn't a myth and really existing so rather that always complaining about those big whales why not have strategy to stand still. Like what has always said, these panic just make the situation even worse.

in essence the popes are looking for food from panic sellers, those who sell cheap will be eaten by the pope, this gives us education that to remain calm and patient in dealing with the market, and sell panic will make a loss for themselves