Post
Topic
Board Bitcoin Discussion
Re: I hope the price sinks
by
gjgjg
on 19/08/2014, 16:42:13 UTC
IMHO 90% of the doomsday ppl who perpetuate the 'price sink' panic, are simply BUYERS hoping to get better liquidity at lower and lower prices to then profit from the subsequent upward rally. Happens all the time in the fiat trading world.

If people dont sell their BTC at low prices, then these doomsday sayers cant buy in.

While this is obvious to many, it can be hard to keep this in mind when going through the emotional roller coaster of suffering DD on an investment/trade. Dont be a victim of panic selling people!