Post
Topic
Board Trading Discussion
Re: Never catch a falling knive
by
Harlot
on 10/03/2021, 21:26:07 UTC
It was always obvious that people who think that bitcoin is crashing a lot and sold their coins would support others to sell as well, that has always been the case in crypto, if someone is losing money on it, they wanted others to lose on it as well. Practically that is not the case here, we have made a decent return from it but the reality is that just because we made a good return now doesn't mean that they have learned their lesson, just watch and see how people will panic sell and tell people to sell or at least not buy when the price is going low once again, and watch them regret not buying when it increases a lot.

If you didn't listen to OP and bought bitcoin when he told you not to do that, you would have been in profit right now, over 10% profit at that, so do not care anyone who says anything bad about bitcoin, always buy it as much as you can because in the end you will profit.

This post was actually created during Feb 23 where Bitcoin dropped from 54,000 to 45,000$ and then continue dropping to 43,000$ until it recovered in March 05 so this time where Bitcoin is still on a rally upwards I wouldn't say that "don't catch a falling knife" is something that the newbies should be following right now. They actually have missed a good opportunity to enter the market or add some more position just for because a lot of people though the price rally of Bitcoin was over when in fact it was not.