Quote from: BitHodler on October 12, 2018, 11:02:34 PM

Quote from: tosmartak on October 12, 2018, 12:06:27 PM

Moreover, why on earth should I be bearish when I should be accumulating right now and even if the market gets even lower, it would just be a chance to accumulate the more.

People not willing to see the price go down further are heavily invested and have nothing left to buy with. They went all in at the wrong time and that's burning them badly during current bear market.

That's why you should always dollar cost average your fiat entry points over a longer period of time. Going all in is such a rookie mistake. It makes you heavily depend on one single market direction.

Rookies came here to get rich, but all they got is a bear market making them poorer. Positive aspect of this is that most of them will learn from it and maybe even use it in their advantage during the next bull run.

Quote from: tosmartak on October 12, 2018, 12:06:27 PM

But of course, it is Kwuk! Roll Eyes

It's not. Just a cheap wannabe.

It is assumed that if the price downs more, more and more people will invest their money in bitcoin but I dont think so, because when the price rose more than $15000 last year thousands of people invested their money in bitcoin then why the price fell down to as low as $5000? This is all nonsense. I think if the price downs more nobody will trust bitcoin anymore.