Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
⭐ Merited by mindrust (3)
The market is very strange. Whenever there is a seller there will be one buyer, and they both think they are smart. 
I disagree for at least for the retail investors: selling at this stage is mainly lead by fear, while the ones now buying are the crazy ones believing in Bitcoin's value. It takes way more balls and conviction buying in this relentless bear market.
You lose smaller on bear market than in bull.
Lets say I got my coins at 3k then bear market continuous and dropped to 2k, I lose only 1k per coin, that is if I got tired of hodling. Unlike in bull market, when you fomo'ed and got your coins at 15k then market corrected to 10k, you lose 5k a piece. Market now is so repressed that hammering it to lower price takes a lot more. Don't think any holder would sell at loss unless you want to buy more down below like whales do.
I'd be happy to take more coins at lower price. Its not balls at all. Don't think no one is buying at bear market, they are. I am.
Don't give up on your coin so easily.