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Forum nameGeneral Discussion
Topic subjectHuge drops/dips are terrifying
Topic URLhttp://board.okayplayer.com/okp.php?az=show_topic&forum=4&topic_id=13433233&mesg_id=13435820
13435820, Huge drops/dips are terrifying
Posted by Steve O Tron v2, Wed Jun-23-21 09:12 AM
>people tend too do the opposite for some reason.
>
>shit is on sale.
>
>
For most people just holding is a challenge in itself, and the thought of buying is really difficult. If it were that easy, everyone would be rich. I've never sold during lows, but the typical thoughts are "what if this is actually the one that sends us into another crypto winter for years and have to hold these bags. What if this is a coin that isn't going to survive such a winter (99% of alts die)." And sometimes you just don't buy the right dip, and it dips even further. It really is like trying to catch a falling knife. But this last month has been good if you are a risk taker and want to swing trade when the big 10-20% dips and pumps every week. I've fortunately bought low and don't have to worry much.