Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 13/12/2018, 19:45:46 UTC

I completely agree however, we must take into consideration that many people invested last year, with a buy in much greater than ours. They could already be at a loss or close to a loss, which puts them at a very different mind set to us who, would need a far greater drop in price to be in their position.

Yeah . My mind set changed completely last week when the price reached my average and I become at loss.
Watch out for this once you're back in profit. Your mindset will do the inverse if we start mooning and that can be just as fatal as what you are experiencing right now. It just won't feel bad until it's too late.

Part of the justification for overinvesting a bit... Perhaps buying 1.2 bitcoin rather than 1 bitcoin is that you won't feel so bad to sell the extra .2BTC that you overinvested when the price goes up (that is if the price goes up).