Post
Topic
Board Bitcoin Discussion
Re: I made a mistake shorting BTC at 17k
by
LogitechMouse
on 26/10/2022, 12:46:33 UTC
~
Now market is pumping like crazy,its obvious we won't go back to 18k or below.
Good luck to all, i hope you're smarter than me
Nothing to worry about as the whole world is still suffering from high inflation, there is a chance that it might go down in the next few days to weeks.

Market is pumping like crazy? You're a newbie I guess that's why you're a bit exaggerated. Right now, the market is still moving sideways so if you sold at $18,000, just wait for it to go at that price again. There is a high chance that it will go to that price again because right now, markets are still on the bear market and that includes the crypto market.

I already forgot that phrase "timing the market" because it isn't working for me at all. I tried it twice already and didn't work for me that's why I focused on Dollar-Cost Averaging. You might want to do it as well. Right now, the market is pumping but I don't think that it is sustainable, and I expect a reversal and it will return to below $20,000 next week probably.