Quote from: redsun114 on May 17, 2019, 10:57:17 AM

Quote from: sana54210 on May 15, 2019, 07:34:37 AM

Quote from: Mpamaegbu on May 14, 2019, 04:52:18 AM

Quote from: yesyes18 on May 12, 2019, 11:34:39 PM

I have seen some recent posts after this somewhat "unexpected" Bitcoin pump that people are greedy and hence should cash out! Really!!? I don't know why people are saying so but we have endured the longest bear market ever (I suggest Theymos should give all of us a tag Grin

for that achievement Grin

), with insults from people that we're greedy, charlatans, etc. And funny enough! there are people amongst us who have seen thousands, hundreds, of Dollars drain down to "coins" and now that we are about to smile some are saying we're greedy and should cash out! I don't know why they are saying that but for those who have been in the game fr a long time know we are no where near where we've been before. Please if you want to cash out, fine you can but don't call HODLers greedy! In fact, we deserve a citation rather lol...

I have wondered this myself why anyone would panic and sell off if they didn't need the cash instantly to take care of bills. Why get scared when we just began a new circle of bull run. We can expect retracements here and there but definitely Bitcoin is on a mad run and hodlers shouldn't be scared a bit. Let those with little faith fud, but keep your grip on your hodl.

Majority of those people calling Holders greedy and so on are just those that missed out of train, and as they say, procrastination is a thief of time, now they are using every means to see how they can enforce massive dump on the market with their FUD advises.

How easy it is for them to forget that investors of our time now are not investor of the old that fidgets easily, some people have learnt never to panic sell to FUD news and would hold their coin wisely till it gets to the stage where they are comfortable for taking prices without still fallen into peoples opinion.

Well we all have different strategies. Some people might look for low profits in the crypto market and would cash out quick but others who are looking for big money in crypto would definitely HODL. This lead to accumulation of value and hence a high value addition. People like Winklevoss Twins invest around $10 million in Bitcoin when Bitcoin was around $1 or may be less. They made it to billion dollars in 2017.

I think you have a point there, it all depends on our strategy, because its not everyone that can wait for bull run before they start making profit.

Yes, it is advisable that people put in what they can afford to lose, but if you consider that, we will be having very small investment and market will not go anywhere, and if anyone is to take bigger profit, they have to invest bigger capital, which we sometimes have no choice than to put our life savings.
So if anyone gets the opportunity to take profit after they are satisfied with the increase, I dont think it would really be a bad thing to grab their profit.