Post
Topic
Board Speculation
Re: Correction is coming
by
ReiMomo
on 01/03/2021, 21:56:30 UTC
Sell your coins while you can, price is almost certain to correct downwards by at least 50% over next few months.
In my life I try to make less cutloss, after I buy I will keep hold it because I belive that the price will back, I will hold my previous buying and buy at new dip with fresh money, If more dip, same like previous I will keep hold it and buy at the new dip with fresh money
There's no need to cut loss if your intention is to hold longer, anyone can do that as long as you believe on your holding and you'll never panic.
Correction might cause a market crash like we witnessed before but there's always a good news and that is when the market will start to recover.

Different situation will be witness for long term holders, but what is very important is the goal to sell as no one holds forever.
This is what exactly I have to say for those people that keep spreading FUD. There's no need to cut loss if your intention is to hold for how many years or in a long period of time. Just a matter of a short correction of bitcoin price and there's no need to panic in that way. A Correction will I guess is coming as what most predictions anticipated but we are still on a healthy stage of the market price.

However, bitcoin prices keep resists when at below $45k in the market and I guess many investors trying to grab the opportunity of investing in bitcoin while it cheap in the market compared to a couple of weeks passed.