/biz/ - Business & Finance

Okay, so since the amount of bullshit on this board makes me stare in awe I decided to write something up for you.

Why is it bad idea to sell now?
Short answer: Its too late.
Little longer answer:
There is no reason to. There has been no technological trouble when it comes to the coins, it all works soundly and the teams developing solutions still work. Its all FUD at this point and you do not know wheres the bottom. At this points its WAY safer to just hold through.

Most of you here are kinda new to trading - which is not a bad thing at all, everyone has to start at some point and I hope that some of you starting in crypto are going to keep trading stocks etc as well in the future.

The thing is - most of you 2017 investors never even went through a dip, not to talk about crash. You dont know how it looks and behaves - thats why you think its "all over" and the crypto is ending.

So who wants you to sell now?
There are two types of people:

1) Those who already sold low and at a loss - they want the price to plummet so it validates their bad decision - "see, i told you it will drop even more". They NEED you to sell, if the price goes up theyll be the ones wojaking because they sold too low and didnt manage to buy in back.

2) Those who want to accumulate. FUD is the best way to drive price down, meaning you can buy in cheap if you know the future value is going to be better.


And lastly, no, you cant really time the low point and buy there. If youre not sitting in front of charts literally all day its better to just hold at this point.

This is basically it. Youre welcome.