Whoops spoke too soon. Weird it was +20% on the 1 hour across the board. Looks like we've still got more to go.
Not really. Cause the answer is clear... why didn't I sell when it was this high? Because there was no way of knowing that it woudln't go even higher. Sure 19k looked like a hockey stick and a good point to exit, but so did 9k to be honest. And we're still above that now. If you had sold at 9k that would have been no less rational a decision than selling at 19k, but you would have kicked yourself then. Or even selling at 19k if it had then gone up to 25 and never dipped below 20 you'd have kicked yourself then.MikeS said:This is one of those times where it's really hard not to keep looking at the numbers and say "why didn't I sell when it was this high, or that high, or even medium-ish low, so I could have bought back in lower".
MikeS said:This is one of those times where it's really hard not to keep looking at the numbers and say "why didn't I sell when it was this high, or that high, or even medium-ish low, so I could have bought back in lower".
Skank_Hunt said:This is why investors in primarily BTC, LTC, and a few other big altcoins, are unfairly derided by primarily smaller altcoin/ICO shills. I have nothing against people engaging in the latter, but for all the posts about crazy gains in this or that new altcoin or ICO, I read of near complete wipeouts, 80% losses, or cases like Bitconnect. That's why the shitcoin/ICO game pays so well when luck is on your side. BTC itself is regarded as a risky investment. For holders of primarily BTC like JJG, that risk is high enough. Buying dubious shitcoins or participating in ICOs in comparison is far too risky for JJG and people like him. That Bitconnect chart is just a reminder that you can lose everything in these shitcoins. And yes, BTC itself may well be a shitcoin too and worthless in the end as well, but its current status as the biggest, most established coin makes it a lot less risky than buying into something like Bitconnect.