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Author Topic: This won't end well  (Read 1656 times)
redsun114
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December 12, 2017, 02:59:39 PM
 #41

This will end pretty well actually. The ones that will not end well are most of the shorters. For every 1 that nails it, 10 lose their shorts. I know people that shorted at 2k, 5k, 10k... well you can imagine how they are doing right now.

Will it crash? yes, but what are the chances we go below our entry points? If you have a strong hand and you aren't a total newbie that just entered the market, we can deal with an huge correction, as long as the floors keep getting higher, progress is progress. FOMO's happen, it comes with the territory. Just remember to accumulate when people start calling Bitcoin dead again.
Just simple! No need to be raising unnecessary alarm about something that even if it happens, it is a good thing to get some pretty good profit at the long run. Shit happens and even if it ends up happening, we can deal with it, move on and then get the ball rolling again. I remember I did not want to miss out some years back and I was a FOMO, which still ended well right now despite everything everyone like the OP said.

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December 16, 2017, 07:13:32 AM
 #42

Depends.. like in 1 year perhaps not, by 2025 I bet you it "ends" really well by not ending Wink

Yes, in the medium-long term things look good for BTC, but in the coming months, a STRONG correction is absolutely to be expected. I don't even want to think about all the newbies allured by the massive media exposure that poured most of their savings into BTC.
The strong correction has always been expected and even if it happens. Some newbies who apparently have no idea what they are dealing with and doing some FOMO shit right now may end up panicking and selling at losses instead of buying more at dips.

At the end, most of them will still end up learning their lessons if they panic anyway and I cannot imagine how someone can pour all their savings. That would be crazy!

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December 17, 2017, 05:11:15 PM
 #43

I don't have any sympathy for anyone throwing their life savings in right now.

Bitcoin has enough history to know what happens next.

If you can't spend a few minutes researching then don't come crying to anyone else.
You have not seen cry yet bro! Be sure to have some topics on this thread in coming weeks. I would not want it to be like we are scaring anyone anyway and I would not blame any newbie for being a FOMO right now since no one really knows how long this is going to keep going. However, every reasonable person should know this looks like a bubble and putting their whole life savings? That would be some whole new shit level.
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