blood in the streets

in bitcoin •  7 years ago 

I'm thinking about the contrarian investors and traders today.

The contrarians sold BTC last week when it was hovering at 19k.

Now today the contrarians are on a buying spree, the opposite of most people.

It might be smarter to take a contrarian approach to trading and take profits when they're on the table and buy when there is blood in the streets.

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You don;t go wrong with HODLing as well. Need to remember, What goes up, does come down and that is when you can get a good deal ( if it does not dip massively again on you!). No one really knows but having patience and a plan helps. wrote about it here : https://steemit.com/cryptocurrency/@aram1231/the-long-awaited-correction-and-btfd-opportunity-did-you-buy-like-crazy

I have been hodling for the most part, so I can agree with you on that.
Thanks !!