Quote from: aencarnaci on September 21, 2018, 08:42:21 AM

Quote from: livingfree on September 19, 2018, 09:45:54 AM

Quote from: aso118 on September 18, 2018, 07:14:53 AM

Quote from: livingfree on September 18, 2018, 05:10:41 AM

We are still up compared to last year.

But these news are actually good for the adoption and we've been looking for an appropriate impact when there are news like those. Sadly, we haven't seen any positive reaction that we've been hoping for after those. Well, it's not about only the price to see if there's a movement for bitcoin, save the best for the last.

This doesn't help for people who invested when the price was more than $10,000. Of course, they have nobody else but themselves to blame,
Adoption is the only thing which will drive up the price sustainably. Unfortunately for those who invested during the bull run, the price increase can only be gradual.

Yeah I understand the sentiment of those who invested with those prices and most specially those who bought at $20,000. Three things for those who bought at the bull run last December.

- they can sell and cut losses
- they can hodl and wait for the next bull run
- buy during this dip

For those who are smart enough to know the best thing to do, they will know they should be picking the last two. At this stage, I do not expect anyone to be cutting loss after buying at $20k as that is terribly an insane thing to ever do. The market is certainly not dead and at some point, it will pick up and recover, and all it takes is patience.

Currently, the only other best way to compensate the move downward is to buy the dip. Rather than buying the peak, people should always know better by now to be buying the dips and selling the peaks, as there is no other better way to profit from the market movement than that.

Sadly not everyone knows what's the best thing to do because they are broke and still can't move on. You may not expect it but expect the unexpected and I'm sure of it that there are plenty of panic sellers that lead them to cut loss and sold under $10,000 though they bought it while its on $20,000.

However the good days are coming now and it seems plausible like the expected positive run is coming.