I know it's "greedy", but I can't breathe.
I thought ETH was going to take a dip, before it went up, again, but it didn't.
Now I'm afraid to buy back in.
Is it worth it to lose profits to buy back in?
Or do I wait in the hopes of another dip post conference.
The last meetings in China barely caused the value of the coin to go up, and then down. Then I bought more...
Now there's meetings in India and New York.... and I anticipated the participation to be bleak.
What would you do? Buy back with a loss in profits, or hold out until it potentially dips?
Buy and hold for the long term. I'm buying one ETH and a small amount of BTC per fortnight when I get paid until it's over a limit that I'm willing to pay for. Then I'm going to let it sit for a while until I have enough money for a house deposit. I find that trading is risky, and while can be very profitable if done correctly, it can result in very quick losses.
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This was my first move ever. Ever since it was $17 a coin I have been buying more and holding. I'm no whale, but I had enough for a barebones new cheap car. I stopped listening to my gut and started listening to a trader friend of mine. Needless to say, I'm mortified with my new path.
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Take a look at my first blog after my introduction. I feel your pain.
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I see your point. Honestly I was of the same ideology until January of this year. To think if I actually bought the bitcoin back then... well lets just say Ive spent nights dreaming of what I would have done.
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