Disclaimer: I "play the market"
with 1.2BTC just for fun. I make no significant amount of money of off market moves.
Public service Notice: Please Learn To Handle Your Fear
Several seasoned investors have posted how shocked they are at our communities extreme swings between Greed and Fear.
- If you made a huge mistake (ie. using borrowed money), then this might be a great moment to recover part of your money.
- If you intend to hold on and help Bitcoin succeed then you don't need to worry.
The charts are looking really sick right now*
, you could calmly sell above $19 instead of getting desperate at a much lower price.
For some of us the market is an exciting distraction, for others they are terrified of losing real money. at this exact minute, the market is still over $19/BTC. The small rally this evening could have been much bigger, but appears to be fading. Whatever happens, please, remember money isn't everything, and Bitcoin is an exciting experiment.
ps. If I'm mistaken tonight, then at least, please, handle your fears better next time the market falls.*
Does anyone with other investment experience think we are headed back up right away?