Guys, I know I'm stupid because I'm asking myself, in both instances, why I didn't sell high and wait for Bitcoin to come down and buy again? It seems like a sure thing. All I hear are stories about people losing the shirts off of their backs from trading so that's why I just hodl. Am I missing something here? When I see the whales move the market this quickly should I just grab onto their tales and go for the ride? It seems like a sure thing but I know I'm missing something. Please educate me as to what is wrong with my reasoning.
Thank you.
Buy low and sell high which is is always been a thing for most traders.No matter what kind of decision you would make as long it do gain you up some money or profits then you're good to go.
Why you havent sell out when the price had pumped? Why you do need to wait for the price to dumped down once again?Damn man! You just missed out to make some easy profits.
If you do tend to long term hold in the beginning then these movements wont bother you out.