this applies to any position that you buy into and/or sell out of - whether thats stocks, bonds, cyrptocurrencies, etc.
It is so extremely accurate that it's hilarious.
the thinking cycle of trading emotions
8 years ago by franklynx (57)
$17.45
- Past Payouts $17.45
- - Author $15.63
- - Curators $1.82
14 votes
- + xaero1: $14.809 (33%)
- + naturalsoda: $1.463 (100%)
- + hedge-x: $1.027 (100%)
- + cwatch: $0.063 (50%)
- + mtgmisfit: $0.033 (100%)
- + franklynx: $0.020 (100%)
- + d-pend: $0.009 (1%)
- + kylek717: $0.007 (100%)
- + johnny00: $0.005 (100%)
- + seanengman: $0.005 (100%)
- + timvinh.com: $0.005 (100%)
- + underground: $0.002 (1%)
- + capatazche: $0.001 (100%)
- + trafficbit: $0.000 (100%)
I think we are between 7 and 8.
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I agree. That's why I'm buying Steem and powering up at every dip to lower my dollar cost average. In case we are both wrong and we are already between 10-13 (very unlikely) at least I've gotten some Steems under $1. I believe in this platform and I'm taking a LONG TERM position. I'm also buying EOS on the dips. It will be interesting to read the doom-and-gloom propaganda the media will be putting out if/when the crypto currency market cap hits $50 billion. I've commented on similar posts about this subject. August 1 bitcoin hard fork is coming which is when I believe we would be at stage 12-14 unless I'm wrong and the market is already taking into account the August 1 factor.
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We had the short term dump then the good news pump. The fork is not out of the woods yet but if bitcoin wanrs to dominate it cant fork.
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Effing nailed it! This is awesome and thanks for sharing. I'm going to resteem this once for sure. I'm of the opinion now that everything is a bargain in the crypto world with a lot of good up and comers. Anyway, have a look at my blog @seanengman, I would love to get your feedback on some of my articles.
Cheers,
Sean
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Thanks, Sean. I'm following you, now. I'll take a look at some of your posts!
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Awesome, maybe between the two of us we can drop some dank knowledge! I'm finding that writing on crypto is my strength. But I like to change it up from time to time just to keep it interesting.
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cool man, looking forward to reading your posts. thanks for the resteems.
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nice one! thanks
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Awesome! Upvote for finding this/visibility :)
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thank you!!
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Lol...spot on! Thanks for the chuckle.
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thanks! exactly what i thought, too
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My goal is to suffer this fate as few times as possible
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Where are we now though? I'm sure there are some people who bought so low that even when/if this thing gets beaten down, they will still be way ahead.
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Nice post. As I like to say, Just do the reverse of the crowd on good quality assets and make a fortune over the long term. Buy when they sell and sell when the crowd is buying. Right now is a screaming buy ;-)
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