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RE: Cheer Up and Don't fall into the Panic Sell Trap - (Advice from an idiot who has done it before and regretted it).

in #life7 years ago

I think it is an excellent time to buy for those who missed the boat the first time! I think price dive has to do with a lot of profit taking ... I wouldn't mind seeing Bitcoin drop little more. If I had gotten in at say $200 a coin,as long as it stays over $500 I would still have doubled my investment. I did manage to buy Dash at around $6. and it has been fun watching it grow!,I also bought $12. in Steem at $1.25(.26?), as of this time it is$0.81894 ,but I am not worried! in fact I think I will buy now that it is cheaper ,and just wait five years! I mean bitcoin has gone from $200 three years ago,to just shy of $2,500. and I see no reason why it will not be there again by the end of the year !
crypto the FED. out of business!

namaste

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Yes most people forget that you should buy on dips and sell on peaks. Even a rubbish trader like me knows that but too often they let their emotions dictate what they do!

Exactly, just buy more.