Post
Topic
Board Bitcoin Discussion
Re: Are you willing to pay or donate with your bitcoin on the current market?
by
MuffinMaster
on 03/03/2019, 14:33:28 UTC
If you sell now, you lose for sure.

Eventually you're right, but those who continued saying that people are too late to sell have been wrong time on time again. In the end, I strongly believe that the weakest hands have done the best possible job dumping as soon as they saw the price tank with 10-20% from where they bought. In other words, they greatly outperformed every single hodler.

In the end, you should have a hodl stack and a stack for short term speculation that you can spend or sell. If you sell or spend a chunk of your speculation stack, and the price goes up, your hodl stack becomes more valuable and the larger hodl stack compensates the value that you sold or spent prior to the increase.

It is easy to draw conclusions now. It was hard to predict that it would be the longest and deepest bear market in history of cryptocurrency market. Even if it is not the end of the falls, at the moment the smaller risk is taken by the one who will hold.