Thanks for the update! I have decided to sell and watch from the side lines. The Fall 2017 crash lasted 2.5 months. Way too long to have money sitting.
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Thanks for the update! I have decided to sell and watch from the side lines. The Fall 2017 crash lasted 2.5 months. Way too long to have money sitting.
It's never a good idea to sell at a loss. Patience is a virtue and bitcoin wouldve recovered significantly. That wasnt a great move
Not true at all! Cut your losses quickly and let your winners run. Hope is not a risk management strategy.
The fact that this isn't the first time the market has done something like this is definitely a reason to hold on. Each time there was a significant correction/dip like this it's always restored itself 5x over. It's not ''hope'' at the end of the day. It's logic and common sense to know that things like this happen occasionally in this type of market.