Stay Away From The Herd Mentality - Everything Is Cyclical - Highs & Lows Are Normal - Buy, HODL, Forget until 20/20 or 20/24

in btc •  7 years ago  (edited)

Stay Away From The Herd Mentality - Everything Is Cyclical - Highs & Lows Are Normal - Buy, HODL, Forget until 20/20 or 20/24
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Don’t have the 80% mentality. Most investors follow the herd and when the herd panics and sells, the 80% follow! #bitcoin will climb then retrace, ALWAYS, so don’t buy the high then panic and sell low.
Ride the dips, hold your #bitcoin and wait it out until 20/20! You DO NOT need to do anything with your Trezor!!! Buy, HODL, ignore the masses and forget. Take 5 steps forward, then 3 steps back! Take another 5 forward then 3 back, but overall you are still 4 steps further than you were at the start! Follow the right commentators to educate yourself on becoming a 20%er. Ignore the media - it’s all FUD. Beware when the FOMO starts!!! This is not the channel for you if you are into trading! Hold out until the 20/24 or 20/28 halving and you will be in fantastic shape financially!!

Adam Meister - BitcoinMeister
https://www.youtube.com/user/BaltimoreHourly
Andy Hoffman - CGC
https://www.youtube.com/channel/UCiLyzn8tm9ckqbBn-mBV9NA
Previous Shows:
Bitcoin For Beginners 1


Bitcoin For Beginners 2

Bitcoin For Beginners 3

Bitcoin For Beginners 4

UKBitcoin Master - Guest on Live Adam Meister Show:

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Well done.
Yeah, I caved in on Vinny Lingham's FUD back in march of 2017. Bitcoins had dropped to 1000 and Vinny (and a number of other bitcoiners that I respected) were calling for it to go back to 400. I panic sold half my bitcoins at 900 and 1100. I've been buying steadily since then but there's no way I can ever recover from that mistake. I'm doing well enough though so I'm still grateful for what I still have (and I used the the half I did sell to payoff what remained of my house mortgage). A couple days ago I sent another deposit to my bitcoin exchange. When it shows up I'll buy some more bitcoin and lucky for me the price has pulled back a bit so I get more btc for my buck.

Vention in the house! This is a good sign that the UKBitcoin Master Channel is getting more popular and word is spreading. 1 BTC= 1 BTC!

That's awesome as you are always talking about Vention Adam!
STRONG HAND - LONG TERM THINKING - 20/20

Thanks Vention I am only 1 year into this but really do think along the same lines as The Meister! Great to know you and thanks again :-)