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RE: BITCOIN BOUNCE LIVE

in #dtube7 years ago

are you converting to FIAT? one of my big fails early on was cashing out to USDT for profits and then not buying back in immediately...or at all. i got in on ETH at $15 last august with believed it would hit $150 in one year (instinct) but after a huge dip and rise, jumped out at $18.50 (emotion)... and then watched everyone else go bananas on the ride to $800+.

i didnt understand that the goal, for myself anyways, should be the accumulation of crypto - BTC/ETH/whatever you are into... XRP for myself.

if you believe in the future of the coin/crypto, the current value of a coin in regards to USD/FIAT is irrelevant except to buy in, to cash out for some profits, or to sell high and then to buy back in at a lower price - to accumulate more coin.

the system i am working on now is to stop trading coins constantly and instead keep buying in on the dips. for one, the emotional stress constantly watching and trying to time the market is too much and i am usually wrong on the short run(emotions) but definitely right in the long term (instinct). even if the coin crashes, just hold bc if the coin is solid, it will rise back up even if it takes several months.

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Brilliant! Yes And Do That and Keep Doing That! Thank you for sharing your observations.

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