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RE: Bitcoin technical analysis #10 - Let the 'buy the dips' guys do their thing...

in #bitcoin7 years ago

Exactly, and the more people holding on to their losses & buying the dips, the more they will prolong the bear run. Even if they see this analysis, 90% of them would still hold on & keep buying dips, that is the reason why is statistically proven that 90% of traders lose money and only 10% make profits. Only 10% of people can actually have their emotions under control & sell on loss instead of buying more... This is my take anyways. Thanks for the comment I appreciate it :)

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