Yeah true! gotta pay the bills though and without it going up the profit is not there in my my mind it was like food and rent or watch it possibly go lower and lower though, that panic man..haha
Oh well say no more. I totally understand that. But just make sure the next time you put some chicken in, its money you live without - you will be a much better trader that way.
I for sure need to at least keep half or 2/3 of it next time, I am stating to realize how important it is to still have some in case it shoots back up over 2.5k. I think I will convert another coin like LTC or my DASH into BTC right before it shoots up again?
Go to Halfpasthuman.com and buy the report...I could have told you back at the end of may bitcoin would hit 3000 dollars and then work its way back down till after the soft fork...once that has past we will be working our way to the 13000 dollars that was predicted in the report around Feb 2018.
You were wise to do that, but if it keeps going down until its around $1600 right before aug1 then If you can absorb that loss you are in a good position in life! I wish I was able to see that kind of loss in my wallet. That is why you are much smarter though, people like you and others on here are in a position in life to be able to handle that, I should not until I get more expendable money on hand for sure. Because I was relying on that few hundred increase every month for a while in my daily life, and now that it has fallen by hundreds, I no longer have that money on hand..
I figured it was a good time to invest in some Steem to help those accounts that are underrated and need a boost to give inspiration to keep on Steeming, that it takes time to become a dolphin or a whale. But some of it I am saving long term. Cause it will rise again, and I will likely buy some more if it drops again. It will likely go down a little more this month before going back up next month sometime. Just can't panic when it drops, ride it out and it will raise again. Buy low Sell High
And the only thing I did was save some of the cash I got from my SBD that I transferred in to USD before the crash then invested back into the market once the crash occurred. I try to put back 5% of my earnings to buy back into Bitcoins if it crashes, that way I have money on hand but also a little to invest, you save a little at a time, before you know it you can buy bigger amounts when the market is down.
You do not lose anything until you sell.
Exactly!! Damn man you should've never sold @correctdrop!! You should've reached out to somebody to get advice man.
The amount craig was selling, percentage wise, was small! You gotta keep skin in the game.
It's not a loss until you realize it and you did just that..smh
He will realize the mistake when BTC rebounds.
Yeah true! gotta pay the bills though and without it going up the profit is not there in my my mind it was like food and rent or watch it possibly go lower and lower though, that panic man..haha
Oh well say no more. I totally understand that. But just make sure the next time you put some chicken in, its money you live without - you will be a much better trader that way.
Investing/trading is 85% mental.
I for sure need to at least keep half or 2/3 of it next time, I am stating to realize how important it is to still have some in case it shoots back up over 2.5k. I think I will convert another coin like LTC or my DASH into BTC right before it shoots up again?
Chill out...
Go to Halfpasthuman.com and buy the report...I could have told you back at the end of may bitcoin would hit 3000 dollars and then work its way back down till after the soft fork...once that has past we will be working our way to the 13000 dollars that was predicted in the report around Feb 2018.
Thanks! You have good advice and I feel like I do need to buy some more soon, and I will check out your website right away!
Hey @danielohioguy52 since you are Clif follower you would love our room on telegram.. come join us!
https://t.me/webbot_hits
It dropped I did the opposite, I bought.
You were wise to do that, but if it keeps going down until its around $1600 right before aug1 then If you can absorb that loss you are in a good position in life! I wish I was able to see that kind of loss in my wallet. That is why you are much smarter though, people like you and others on here are in a position in life to be able to handle that, I should not until I get more expendable money on hand for sure. Because I was relying on that few hundred increase every month for a while in my daily life, and now that it has fallen by hundreds, I no longer have that money on hand..
I figured it was a good time to invest in some Steem to help those accounts that are underrated and need a boost to give inspiration to keep on Steeming, that it takes time to become a dolphin or a whale. But some of it I am saving long term. Cause it will rise again, and I will likely buy some more if it drops again. It will likely go down a little more this month before going back up next month sometime. Just can't panic when it drops, ride it out and it will raise again. Buy low Sell High
And the only thing I did was save some of the cash I got from my SBD that I transferred in to USD before the crash then invested back into the market once the crash occurred. I try to put back 5% of my earnings to buy back into Bitcoins if it crashes, that way I have money on hand but also a little to invest, you save a little at a time, before you know it you can buy bigger amounts when the market is down.
That is really cool! and thanks, I will take that advice thank you!