| 2021/08/12 00:08, Mithfalen: | edited 8x  | anyone here buy that nice dip we had before the next leg of the bull run? The cycle played itself out exactly as it did last time, hopefully it didnt shake too many people on here out, holding is the best thing you can do in this game, just look back 5 years and all the insane crashes, thats how it works. Just imagine where we will be the next 5 years, keep stacking bags with dollar cost averaging, have some patience, crypto/blockchain technology is the next major paradigm shift of our time.
oh I see, I missed some posts on here lol. people that watch from the sidelines only like to comment when the markets 'crash' yes there was a nice healthy pullback, as with every bull run I ever been involved with in crypto, its the same thing, in the short term it was for sure a nice little crash, I never sold a coin, just dollar cost averaged to get bigger bags at lower prices, its funny how many 'no coiners' get all excited when they see on the news there was a crypto tank but you do realize that before last summer bitcoin was 7000$ or so the main token I bought #VET was .007 thats seven tenths of one penny. At the bottom of this most recent crash, bitcoin was still 27,000 and Vechain at the lowest went to .055 very briefly. traders got wrekt im sure but long term hodlers like me and people with solid plans were all still well up into profit.
do not trade, research a project that has a use case in the real world and is being adapted by companies, buy and hold, fast forward 5 years, take massive profits. Crypto is simple, its the emotions that get you, its the panic sellers that lose money or the emotional ones or the people who mortgage their homes and go into extreme debt to buy at the top and then sell at the bottom xD
as we have discussed many times in this forum the crashes are well expected and will come but its people who hop into crypto thinking its some kind of crazy get rich scheme who get burnt real bad by being emotional, the crash was such a good buying opportunity, I hope some people here got it at those lows.
Cuuldur was trying to tease on me cause the crash but no worries friend, I was not even close to losing any money :)
and your comments regarding China and stuff, Vechain is a public blockchain , its not controlled by any government entity , you should really study up on crypto and block chain, then you would understand that countries 'banning it' literally means nothing.
oh damn I missed that comment from Facelift too, he is absolutely right, could not of said it better. thumbs up. |
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