Hello Anons
Third and final warning. I posted this twice last week, nobody cared. This morning we touched the dotted line. This is just the beginning as the fear has not yet set in. Do NOT fall for the hodl meme, do NOT allow yourself to be stuck with the bag. Bigger players are clearly selling their BTC and they will destroy you if you don't act accordingly. Sell for fiat, trade alts to increase BTC value, but whatever you do DON'T SIT IDLY BY WHILE THE WHALES DUMP!
no thanks
Im holding my alts through hell and high water.
can someone explain the point of holding?
i'm a noob, but if shit is very clearly hitting the fan, what's to stop you cashing out in the short term and buying back when it's all settled down?
Yes, sell the bottom already you stupid goys!
Holding something you believe in gives that asset strength and stability where coins that people sell on a wim, have none.
Short term losses, long term gains.
Once the lightning network starts working and bitcoin price will explode to 100k+ I'm going to enjoy all your tears. Hold and do something else in the meantime.
If you're selling now at a loss, chances are you are moving slower than the rest of the market and you will be buying at higher price anyway later on when the market decided to go up and you are lagging behind as always. So might as well just stick to it and wait until all is settled down.
It may hit 16k if you are lucky.
BTC whales cash out
Weak hands panic and sell like OP
BTC whales buy back their BTC at half price
Weak hands like OP buy back in higher than they sold
Weak hands shill and cope, pretending their alts are making them rich while still at a net loss
Market recovers
Repeat