Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Bitcoin in going down, is it bad...?
by
Ethan Argu
on 17/09/2018, 05:36:37 UTC
⭐ Merited by ShiroThe5th (1)
Bitcoin is now at about 6k$...

I bought tons of bitcoin when the price was at 3k$ and then sold at about 17k$, I made profits then, but now I don't think that the price can go up again...
Will it?

You already made tons of profit already, why are you still complaining? I think you have a pretty much idea as how the market works, sometimes it doesn't go our way. If will go up then good, if not then you have to wait. We don't have a crystal ball to see and predict what would be the price. Patience is the key here, and besides, as far as I know, year-to-year we are still green so there's nothing to be afraid of.

He pressed the "Greed" button. That is quite a lot of sales, to be honest, and of course what could be his emotional state right now after that sell. Going back to zero then going to hero again? I am quite shocked about the OP that he can hold that long of an amount for a long-term like if I was like that, I wouldn't bother to care anymore about my investment like I just donated to charity but then after an x year passes, the price surged like that. Well visualizing that situation triggers the greed button

For me, this is part of the inconsistency of bitcoin. Nothing is different when it compares to Stocks Exchange, it all has its own depreciation and inflation. Let's trust the demand of bitcoin and soon it will be higher the price.