I see all those people saying how they will try to short the market. I think this is a very stupid idea. You sell at 750 thinking "well that's it", by tomorrow when I wake up, we will be correcting hard at 600s again".
But then, you wake up and price is 850 and you feel suicidal.
That's why it's better to hold. With Bitcoin, you NEVER know where the ceiling is. Nailing is being lucky, and I don't want to rely on that much luck, I value my bitcoins too much to gamble them like that.
this risk always exists in bitcoin market and it also works both ways meaning it can also go down the next morning you wake up and feel suicidal if you have bought the previous day so if you can't handle the risks then you shouldn't trade at all.
but in general i am a long term hodler so i won't just sell in these low prices
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