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RE: Observing The Drop For What It Is
This is my third dip and I agree with you so much.
Few month ago back in 2017 when the bitcoin has lost about 50% of its value I was feeling so bad regretted why didn't i sold at the top ..instead of buying at the bottom I just waited in anxiety for the price to go up and when it eventually went up and up ...I looked back at the period when bitcoin was at 2000$ and realized that the psychological panic is a natural feeling that made me freeze instead of acting and buying some more.
...It could be worst if I would sell at low but I knew that this would be a mistake ...so I didn't
Good on you for holding tight! It takes a couple hits like this to realize the hidden opportunities.
I could only imagine the heartache must be felt by those who sold at $900, $500, and so on. We have no idea where we are the scale of Bitcoins price and that's the exciting part.
Orrrr we could both be wrong and the bubble has popped and we're all going to burn in a enormous blaze, but I'd like to think the opposite 😋
I really don't think that bitcoin is doomed or it is in a bubble.
I am sure that we will see 20K really soon and all the people that have sold at 11K will be crying ...but as you say I dont exclude the possibility that I will be the one who will be crying
...time will tel
:)
Indeed, time is the truly the most honest among us.
Causation vs correlation? lol. Have faith!
Not sure what you are referring to, but yes, faith is a must in this market!