Post
Topic
Board Speculation
Re: BTC technicals are against ATH. Liquidate
by
darewaller
on 11/12/2020, 18:45:10 UTC
This looks more and more realistic everyday but I am still not taking any chances because it is a zero loss game for me. If OP is right and bitcoin goes down, that means I am going to stay with some bitcoins and "losing money" right now and I will have to wait a lot and will make a profit later on. However, if I am right and it goes up I am going to profit. Both of those situations means I am going to make a profit, in one of them I make money right away, in the other I am just going to wait a bit longer.

When you are a long term investor, this type of ups and downs doesn't really change too much, it does change a bit but not too much, that is why I do not agree with the fact that people should liquidate right away, that just doesn't make any sense right now.