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RE: Bitcoin (BTC) Morning Update: CORRECTIONS are HEALTHY!!

in #bitcoin7 years ago (edited)

I "panic" sold at a good rate, about what I had gotten in last, yesterday when there was a brief raise... that was lucky. Panic can be a healthy reaction, so to speak. At this time, the only coins that're ricing seem to be Ripple, Lisk, Dogecoin and a few lesser known ones I'd never buy anyway. Now's the time to buy. Surprisingly, Litecoin almost didn't react, and seems to be recovering first...

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Just remember that prices often fluctuate wildly right before a major move, selling because of those jumps is what makes many miss the massive profits, has happened to me several times in the past :(

Me as well. I just had a hunch that this time, it would be really bad... I don't mean to make it a habit. Damn, BTC used to be so reliable.
Btw, everything is rising again... it might take till next week/New Year till the hodlers make good on this completely unnecessary fear-and-loathing scenario.

Lol your hunch was right! :)

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