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4 years ago in LeoFinance by bitcoinflood
0.00 BPC
My think is the price changing does it change the fundamentals of Bitcoin though? Did they atop printing money! Nope nothing has changed in the macro environment so why would Bitcoins overall direction change
Totally agree, nothing has changed if anything the true "value" has gone up as bitcoins been accepted and now bought by thousands of new people and businesses as well as being implemented into those businesses. People react so fast to short term trends. Emotions get the better of people which is understandable we are human.
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In my opinion, I Only stack, wait, stack more, take advantage of the prices, buy a little and then my bag is more like a store of value to me, so it's always a win win because I know that after the dip the rise is inevitable
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I do, eventually taking advantage of the rise when I see the opportunity
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For some reason LESS people write and blog when prices are down. Thus the same amount of Hive gets printed and divided up to less people.
Shh, stop telling everyone the secrets.
;)
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You haven't actually LOST anything until you sell
This is such a key concept and yet a lot of people fail to understand it and succumb to FUD.
I'm in for the long run so I see this is a great opportunity to increase my holdings. I've been slowly adding some BTC, ETH and HIVE tokens because I'm sure they will pay off down the road
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It's shocking the midset on people and why we do what we do. If you just sold for a 50% loss uhhh yeah you shouldn't be investing lol
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At this point in time people are highly panic selling which causes overselling. These same things apply to the stock market.
Yes. this is true.
The most important thing you can ever do when investing in yourself is to keep your emotions in check. You haven't actually LOST anything until you sell it and at that point you pretty much just screwed yourself over.
I agree. By now, we should already learn to have our emotions in check, instead of being afraid and selling ourselves and our tokens short
You are right when you said that the cycle is almost predictable because we know that too much hyping of coins, makes the market turn into what we are seeing today
But then we need to learn to hodl, and buy the dips when the market turns red. This puts us in a good position when the bull comes because we can even choose to sell a bit, waiting for another dip to buy more.
Are you going to keep putting in the time, effort and money during these low points? Or are you going to get all sad about it and leave only to think later wow I really missed out again.
I will take the first option, I can't bear being the groups who took the last option.
Thank you
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Terrible sight going through the market. Will remain doing what I do while taking advantage as i wait for things to adjust right back
For some reason LESS people write and blog when prices are down. Thus the same amount of Hive gets printed and divided up to less people.
Well its a benefit for all of us here. People need to see this and think more about putting in the work now so its worth more in the future. Is there a huge correlation between the two? I think we were trying to figure out why people were coming to show up at the @leomarkettallk post to comment as often.
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I have nowhere to rush. I am staying at HODL. In addition, using the sale, I significantly replenished my cryptocurrency reserves.
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