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RE: Bitcoin (BTC) Morning Update: This Correction Too Shall Pass....!!

in #bitcoin7 years ago

This is where he has made most of his money from my conversations with him...it's the hardest thing to do when there is blood, but if you ladder correctly on the way down taking little bites (as he would say) eventually your bags will be filled and ready for the next push whenever that might be...i also have a few very successful investor friends that have done it the same way..it goes against all logic, but this is the way the wealthy do it

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That my friend is the upmost difficult thing to do. Make one mistake and you're busted. These coins fall back with 10 - 20 - 30% very easy. Points are making themselves very clear afterwards. Not at the front of their being.

I understand that. But when you have a bunch of negative news coming out, your primary count is wrong, and your alternative count spells out doom, why would you suggest to people to buy into alts?

I have family members that have asked for the past couple weeks for me to put money in. I bought a little for them at the beginning but the last week i told them i wasnt comfortable putting any money in. If he actually cared and wasnt doing this for money he would have done the same

That's exacly what I was thinking: "Would you tell your best friend to get into coins now?" Then why stay in it yourself?

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