Will Bitcoin Cash (BCH) rise again?
- Thread starter guyzon
- Start date
iterate777
BANNED
- Oct 7, 2017
- 89
- 68
The other day I read some fake news about one of bitcoin's "founders" selling all their holdings and moving into bch. I saw a similiar article about one of NEO's founders doing something similar. Lot's of people were sharing this across social media, reddit, etc.
My point is I think is depends on who can convince dummies to ride with the pumps.
If you insist on riding the pump, make sure you have a exit goal to lock in gains.
PS: read up on people like Jay Gould and you'll understand what is going on.
My point is I think is depends on who can convince dummies to ride with the pumps.
If you insist on riding the pump, make sure you have a exit goal to lock in gains.
PS: read up on people like Jay Gould and you'll understand what is going on.
I doubt you will find any here. May find some gamblers who are good at giving advice by stating the obvious.
My advice for a punt would be either hold it, or put it into Ripple and wait for it to be added Coinbase, same as what pumped Bitcoin Cash up to 4k.
iterate777
BANNED
- Oct 7, 2017
- 89
- 68
Thanks king of crypto.
Do you have any advice if I tie my own shoes or if I should wait for someone else to do it for me?
its really got me stressed and depressed
Get Velcros son. This time next week you will probably be looking at buying a pair from the market for 15 bitcoins, which will roughly be ten quid.
guyzon
Regular Member
- Apr 2, 2016
- 366
- 96
Thanks I will keep holding it.
Mr Spectre
Regular Member
- Jul 27, 2015
- 418
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i will never understand people buying coins at all time high prices. why man why? is it FOMO ? It might go up soon or might never go up but this should be a lesson for you bro. Never make FOMO buys. When i was a newbie, i always used to do FOMO buys and most of the time i made loss. so that's something
waterworks
Senior Member
- Sep 28, 2013
- 1,018
- 383
The answer you seek can be found by watching any video of tv show Oprah, and more recently another one called Ellen. The moment money is involved, people get googly eyed and cheer like a pack of baby birds waiting to be spoon fed. It seems to be human nature to want to get in on something too good to be true. It's why scams still work after 1000 generations of people getting scammed. That part of our DNA is apparently unable to adapt to evolution.
- Mar 21, 2013
- 24,782
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True words.
guyzon
Regular Member
- Apr 2, 2016
- 366
- 96
Yes bro you're correct. I waited and watched charts for few minutes and it raised about $200 within 2 minutes. So I thought to buy some as soon as before it rises more.
But it dumped as soon as I bought. Shit happened to me
- Apr 15, 2017
- 2,314
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Cryptocurrency is transfer of wealth from stupid to the hodlers.
Nobody has taken a loss at cryptocurrency till now! Well I don't know about the shit coins.
They are just stupid to sell their holdings at a wrong time.
Hold it, you might even break even tomorrow if it gets listed on gdax
So chill and make millions, ride the bubble
Nobody has taken a loss at cryptocurrency till now! Well I don't know about the shit coins.
They are just stupid to sell their holdings at a wrong time.
Hold it, you might even break even tomorrow if it gets listed on gdax
So chill and make millions, ride the bubble
dutch101
Junior Member
- Feb 6, 2010
- 175
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super11
Elite Member
- Mar 30, 2009
- 1,739
- 663
It's a common story. 90% of the time this happens in trading be it currency or stock trading. As they say, never try to catch a falling knife or a running train. Leave trading to professionals only. It's not meant to make a quick buck or two. Majority of the get rich endeavor end up in a poor state. Harsh reality but it's true.
Mr Spectre
Regular Member
- Jul 27, 2015
- 418
- 229
It's my understanding Bitcoin Cash will drop back to 1,600 level or even below that. So when that happens, just buy some at the bottom. A point will come where you will have recouped your earlier investment and also made some money from it even though if doesn't reach 4k again. Buy again at the lower level will give you a little mind satisfaction/easing.