Stay calm user. It will go up just like it did before

>nah
I basically agreed with you, pointed out as much in response to your post, and your response is "nah."

Jow Forums really is a shithole now.

> 2015 is perhaps the most applicable year if you believe the 2014 fractal meme (we're on an accelerated timeframe according to most versions of said meme). That still suggests a really good bounce
stop trying to have it both ways, nigger

>All of this rally talk is making me think it wont happen.
Anyone who doesn't understand the objective fact that we ARE heading toward 6.5k or possibly even 4k is delusional at best

Need your guidance guys - should I sell at a loss of 75 euros and buy the next bottom or hold it until I get my money back, how does it look?

Poor fag from eastern europe - invested what I could save in 2 - 3 months.

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>ignoring everything after and including the word "but"

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basically buy high and sell low, then buy when it goes back up, that's a good strat my eastern european friend

Yea but If I hold - I might have it stuck for 1 - 2 months, if I sell at a loss now and buy the bottom the profits will just put me close to what I had before all this shitfest. So not sure... I'm tempted to just hold.

At this point you may as well hold until Consensus. We're still pretty heavily oversold, so hopefully we've found a temporary bottom for the next few days, +/- $500. Of course, BTC and crypto in general is subject to heavy manipulation and often defies logic, so take what I just said with a grain of salt. In many ways its just a gamble.

What will you do if you sell now and Bitcoin touches $9k? What about $10k?

Be on the same value than before - gaining nothing, If I hold and it goes to 9.4k + I'm at 6% + min no matter what. Yea I'll just fucking hold, have to get more cash asap I'll accumulate more.

I guess he has to ask himself how realistic he believes that scenario is. Specifically, how realistic is the scenario that it spikes that high fast enough that he can't FOMO in at a reasonable price, and before it tanks far enough that he can buy back in substantially more cheaply in advance.

the point of my rhetoric is just to illustrate that he has no actual logic to the implementation of the second part of his post—"well if I sell now and it goes down..." is just a meme, he has no clue what he's doing

it's all hindsight bias type logic
yes if you sell now and it goes down you'll profit, but you have no strategy for determining what it's going to do, so you are literally gambling, and unless your long term outlook is that crypto will die you are boxing yourself into an exit OR an eventual FOMO and all you're trying to do is scalp in the mean time with no strategy

so tl;dr: hold, you dummy
blyat

2017 investors were truly the boomers of crypto, they got everything handed to them and now tell others "it's easy, just hodl". Easy to say when in your days bitcoin went up 50% monthly.

someone sold 250 btc on bitfinex in one order