Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Dr. LY
on 15/04/2014, 10:49:46 UTC
Then everyone said if it broke 400 we were screwed and there was NO good news from China at all so I sold at 399.

unfortunately a lot of people lose btc by trying to gauge sentiment here before realising most posts are just random gibberish and those that post those things usually don't believe it themselves.

you've taken a hit but you'll recover, just remember to only trade with a portion of your btc (or just hold) so you can be patient and not freak out at sudden movements.


There were a lot of fancy charts and lines and people with autistic math friends Wink

I've learned my lesson.



You have not learned your lesson though.  The biggest lesson is patience.  and buying back here and now is not the best place to have made a trade.

And how the hell I'm ever going to guess correctly at when the "best place is?"

The whole reason I sold at 400 was to try and come back in at a lower point. All that did was waste money and energy if I really believe in a long-term hold of btc.