Why You Shouldn't Sell When The Price Drops!
Hello,
This is your friendly conscious speaking. I know you're afraid of losing your money. I know that you are thinking that if it keeps going down you will be broke. I know you are worried about your retirement and saving for that house. I know the rise in Blockchain prices have made you some money and you expect it to keep on going up.
Let me just remind you to not sell. Don't sell yourself short because it will go back up. This is the time to buy and the next time it drops will be another great time to buy. You are not alone, everyone is afraid, many let fear get to them, many see this drop as the worst one yet, many see this drop as the explosion of the market, but it isn't. In a month you will be up higher than ever before if you just hold and buy something else for cheap.
Remember the .com bubble? Yeah, that one. It's ok because it is already higher than it ever was at the crash back then. That bubble popped in a slow market, a market that takes holidays and weekends and runs by the rules of old cranky men. The people that have created more debt than ever in history and leave it to you to pay off.
This bubble, the one you have put some money into with the hopes of buying a nice house for you and your family, well it's in a market that doesn't sleep, a market that works on weekends and holidays, a market created by people who absolutely despise the old men that leave debt to you. This market, the one built on the future of technology, the one that is going to take the control and power from those old men and give it back to you, the one that is more democratic and transparent than the best democracy in the world, this is the market that is going to grow faster and bigger than what anyone can even imagine. It's not only going to take over world currencies, it's going to surpass the market cap of world currencies by unfathomable numbers.
So friend, don't sell.
Thank you for your Upvotes and for Following!
It's tough to see the 1000's Ive lost in the past few days, but I know better than to lose my position.
Happy to reinforce what you're already doing!
I think that this is basic human thinking. Of course you only sell when its high.