Quote from: Jating on Today at 09:22:10 AM

Quote from: dragonvslinux on November 29, 2020, 08:52:27 PM

Quote from: KTChampions on November 28, 2020, 05:10:04 PM

Quote from: arwin100 on November 27, 2020, 10:59:08 PM

Quote from: KTChampions on November 27, 2020, 10:54:02 PM

For the most part I agree with you, but it should be noted that these few months sometimes turn into few years. At least for those investors who entered at levels close to ATH. However, I think that now there is only a small correction, but the trend remains the same.

We shouldn't be so calm and be careless about the situation there are possibility that the history will repeat itself these days remember what happen before where we think that the price will soar for more and those dumps is just correction so from this event maybe it's good to hold our positions and sell to cut loss and buy again to possibly regain again.

To my great regret, I got out of bitcoin at the level of 12600 Cheesy

So now I am calm. In any case, I adhere to the strategy that it is better to save than to miss the profit, so I have no sorrows. At the moment, I do not understand where the market will go, so my capital is diversified and in fact I don't care what happens.

it's good to hear someone who got out early but isn't regretting it either, kind of surprising around here! I got out a very small amount at $18K and now price trades at $18.2, but I am also ok with this. I still think whether we go to $20K or $25K, we will have a serious retracement either way. Below the current price at least.

Yes, I agree that after we have $20k-$25k, retracement is bound to happened. Bitcoin currently hitting the resistance at $18,500, saw it go as high as $18,700 but then goes down to resistance.

Good though that at least we have someone who still as cool as cucumber even though we have a shakeout recently. Personally, I got around $18k, just few as I need some cash so no regrets at all as I still have some of my holdings. So let's see if we can stay at the resistance, or will it be too much wall in front that we can't get over.

I think this also plays into the healthy psychology of selling a little when high, which is more or less the same as averaging in more when prices are low. After all, if I'm wrong that a correction isn't already underway (I'm still a bit undecided at the moment, lack of confirm of bullish follow through) then I'll be happy to still have 96.5% of what I had, that will go up in value. If price corrects back down to $12, $14, $16K or wherever, then I'll be glad that I sold that 3.5% when I did, as I didn't that cash by end of year.