Post
Topic
Board Speculation
Re: The key is to have as many bitcoins as possible
by
eoJ
on 10/04/2014, 22:42:47 UTC
Having seen a couple of these massive sell offs in the year I have been involved, OP is correct.  Today is a great day to buy.  Understandably it is really hard to do so.  It gets depressing and there is almost a fear that sets in in which we think "maybe this isn't going anywhere after all."  Or, "Maybe I should just cut my losses and bail." 

I have felt that way but decided to ride it out.  Having only invested what I could afford to lose 100% off put me in a position to do that and I have absolutely no regrets and realize that days like today are the perfect days to buy.
I put in orders expecting this point about a week or two ago, bought a decent amount, 60% of my orders, if we hit $300 that'll be ~80% Smiley Sold late December, my number of BTC has gone up nicely.

"Be fearful when others are greedy, and greedy when others are fearful" - Warren Buffett