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RE: China and Bitcoin mining decisions can change things in the market...

in #bitcoin6 years ago (edited)

That's the typical mentality I have too, best way of seeing things I'm sure :D Using entry points to buy when it's low, and never think twice about doing something, it's a waste of time. Hold what you got and try having more when it goes down. People freaking out are pathetic, because as you say, no money has yet totally disappeared, it's not like it's gonna go down until reaching 0. Not many people actually understand that cryptomoney is here to stay. So whatever you buy in the top 30, it will only go up one day, you just have to buy and wait long-term without looking too much, people are emotional. Day-trading is also a big mistake, I mean it is not for me, maybe some people are specialists. But I definitely prefer long-term. Less stressful.