Post
Topic
Board Speculation
Re: Problem i bought 2 weeks ago $2000 bitcoin and now it goes down
by
exstasie
on 21/07/2019, 22:11:13 UTC
Another weak hand who bought BTC 2 weeks ago and is already afraid because the price lost 10% in 15 days. Do you know the funny thing? A lot of them will buy bitcoins again when the price will be higher. (if OP sells now, I bet he will buy again at $15k Grin) No sense.

There are some markets that are not for everyone. For example, the real estate needs patience, if you're not you will fall.
With Bitcoin, if you can't control your feelings you fall too

My old mentor once told me, "Markets are all about patient people taking the money away from impatient people." Bitcoin is just like any other market. Impatient people FOMO buy at the top and then sell deep into the dumps.

As a trader, I've just got to appreciate panic buyers and panic sellers. They put bread on my table.