I can't agree with you. Almost every company needs money by the end of the year to pay taxes. So I think it could be the reason why quite many people have to sell now. But it's just a short period of lull.. wait till the end of January and you will see the next upcoming trend.
Sure for risk averse people all this trading boom costs a lot of nerve cells. If it makes you feel better, it is never a mistake, you should just follow your feelings
Haha this topic made my day I also think in the same way. Like cmn people, stop for a couple of days and then we all buy it when the price halves itself
The first time i heard about Bitcoin was in the beginning of 2011. The price of one coin was only about 30$ and I was very sceptical about it. I was sure it was another kind of financial pyramid or whatever.. not starting digging deeper to understand the value was the biggest mistake of my life and I really regret it
I would never do such an insane thing. First of all there is no guarantee that your investment succeeds. I could always fail and no one can really predict such fluctuations. Secondly, I'm personally a risk averse person. Seeking risk even for so much profit is not my thing.
As for me, I would wait for the next correction and buy some bitcoins, then hold them as a long-term investment. The coin has much more potential to unleash.