So lets have a serious discussion about the current market. All the big whales and cashing out as new fags buy in trying to make money. Because new fags get scared and pull out at loss, the whales can buy back in cheaper. This results in a down trending (bear) market.
How does a bull market return? By not fucking selling. Basically, you buy in or HODL what you've already bought. If some whale sells out, you buy the dip. That whale will not be able to buy back in for cheaper than he sold if no one else panic sells. He will FOMO back in later if prices keep going up.
I'll make it simple, if you sell out of fear you and directly contributing to a bear market. If the general population drives the market up, the whalebears get fucked, not you.
Unless you want Crypto to hit 0, buy and hodl on. Let's be honest though. Most people in the market are stupid as fuck and pull out at the slightest loss. It makes more sense to be a bear.
Finally a reasonable man among all the biz brainlets. You all panic sell, and then when prices jump up you will FOMO in happily. This is why this market is meant for those who can use their fucking brain.
Benjamin Mitchell
I'll give you a hint. Look at the recent daily volume.
Aaron Lopez
Yeah. Only thing that makes sense to me is to dollar cost average my way into my positions. I stopped selling a few months ago. This market is young and hasn't realized its full potential. You can try and game the markets, and if you're good, maybe you'll come out on top. But it's alot safer to realize your gainz later when this market pops off. Cause like I said, it's young, and it has alot of room to grow.
Liam Campbell
Depends what coins you have.
Small cap coins are a great buy right now.
Dominic Martin
In it for the long haul
Mason Morgan
Hodl is a meme idiot, It only works for bull markets
Andrew Evans
did you even read his post?
Leo Russell
Exactly this. Blockchain is still young at this point in time. BTC could hit 3k next month, but that will mean nothing if it hits 30k in a year or two.
I fell for the HODL meme last year. HODLed all the way from 7k to 20k back to 7k. Felt like a fucking retard doing it. Never again. Learned my lesson pretty fucking fast.
Ryan Barnes
>If we all don't sell, the price will go up! How much Billion Dollar Coin do you own?
Eventually, whales need to give the market a big pump to get people excited again though. You can't easily keep shorting if you don't have people to pump it back up once your shorts are done.
Evan Bailey
Isn't it true that the public bought into the market? Isn't it true that these small time players are selling out as it drops more and more? I don't think we are capable of overcoming the whales + the panic sellers
Easton Allen
OP do not try teach them. people who make money investing here need them to buy bags. by the very nature of things, for every one person who is clued up 1000 have to be mindless emotional traders who argue and disagree with these basic things because they are genuinely ignorant. they wont make it that that is fine, because we need them.
