Market is reeling under pains everyone who are emotionally attached,feeling sad, no other options left except holding the coins.
You can invest and strengthen Bitcoin....
Ultimately investing is what will bring the price back up...
But unfortunately only a few investors do that. because what they do is panic selling. but if you can buy at the right time when the price has subsided and stop going down you can buy it. holding is only for long-term investors. if you are a trader then you shouldn't hold for long time. You have to dare to cutlose when prices continue to drop
Good points.
I am a long-term investor so I HODL most of the time. I actually have zero experience in selling bitcoin
I could have sold on the last two crashes but then again my coins are safer untouched.
A good trader has risk management in place and cuts his losses. My experience with daytrading bitcoin is that you will get slaughtered if you use stoplosses or high leverage. Price can fall rapidly getting you caught out.
As for the price subsiding we can apply Newtons law (Action == Reaction).
Subsiding will only happen if people are scared to sell because they expect a rise or at least no profit.
As for few investors taking action (buying). See it as voting... one vote is useless but if we all vote we have power.
If you want to change the trend then lead the way. With enough followers the trend will change.
I am buying the dip...
Show Posts
