Re: At what point do you sell your Bitcoin forever, OR wait to buy back later ???
The Federal Reserve is raising interest rates, making money tighter, and popping the crypto bubble as well as many other speculative bubbles. Almost all financial assets have gone up since 2008 in the face of massive money printing, and now that party is clearly OVER. With the Federal Reserve now tightening, we will see cryptos and Bitcoin fall by more than you ever thought possible 
BE HONEST: Who here would have believed last year that Bitcoin would be near 18,700 today ?? Everyone knows darn well that anyone correctly predicting such a price drop in bitcoin would have been ridiculed here in this forum. So stop the self delusion for a minute and consider that Bitcoin could still go FAR LOWER...
So here is the question I am asking you guys:
1. At what point do you guys lose faith in the dream of Bitcoin going to the moon, cut your losses and sell ??
2. At what point do you sell your Bitcoin, Convert to cash, and wait to buy 20 times as many Bitcoin at a much lower price, say something like 1000 dollars ??
3. Would you never sell, no matter what is happening in the crypto world, and ride Bitcoin down to the bottom ??
BE HONEST: Who here would have believed last year that Bitcoin would be near 18,700 today ?? Everyone knows darn well that anyone correctly predicting such a price drop in bitcoin would have been ridiculed here in this forum. So stop the self delusion for a minute and consider that Bitcoin could still go FAR LOWER...
So here is the question I am asking you guys:
1. At what point do you guys lose faith in the dream of Bitcoin going to the moon, cut your losses and sell ??
2. At what point do you sell your Bitcoin, Convert to cash, and wait to buy 20 times as many Bitcoin at a much lower price, say something like 1000 dollars ??
3. Would you never sell, no matter what is happening in the crypto world, and ride Bitcoin down to the bottom ??
I could say you are an ignorant person, like many people probably are thinking, but when someone says BTC is a bubble or a ponzi scheme, or bullshit like that I always say them the same: Please, develop why Bitcoin is a bubble and why is a fraud. 90% of times there is no answer, the other 10% very poor arguments. Maybe u surprise me this time..