Quote from: Supercrypt on February 06, 2019, 04:18:29 PM

Quote from: coinluck43 on February 04, 2019, 11:52:03 AM

I observed lately, bitcoin continues to decline and it is difficult to rise to the top, do you think this bearish trend will continue until Q2 2019? If the situation gets worse (the price drops), do you still want to stand up and hold it until the end of 2019? It seems that I have to take a vacation, so I don't get too bored.

The clearest option for us right now is to be patient. Bitcoin doesn't look bad right now, its not like the 2018 horrible market, we are not looking great neither but we are certainly not looking bad. The market went upto 20 thousand dollars once and we saw what we were missing, we had a lot of issues to handle and we were not ready for it

I tend to disagree with this sentiment

Indeed, from a view point of a long-term holder who bought a few bitcoins anywhere above 15k in 2018 it may have been quite brutal. But I don't think 2019 is a lot better. It may look and feel better but this is entirely psychological (let's call it mind games). After all, the price right now is at its lowest (well, not exactly the lowest but pretty close)

So, while it may actually feel better as prices stopped crashing, technically, we are still way worse than most of 2018. Further, there was a lot of price action throughout the year as massive falls were followed by monumental rebounds, which you could use and should have used to trade profitably. This is no longer the case now