How many people sold at bottom?

I recall last year when my heart dropped when seeing btc at 15-16k. That was when I just accepted that I might lose it all (put life savings into it around 45k). I never had a high loss tolerance but the constant dips made me numb to it. I managed to average down a bit and just kept holding and tried to focus on other things and stop checking my phone without getting depressed each time.

Fast forward today and I am almost at a breakeven on my portfolio after seeing it down 80% at one point.

My question to everyone here is how many of you sold and panic sold ?



Submitted December 06, 2023 at 06:06PM by LivingTheTruths https://ift.tt/Gv65EJe

Comments

Post a Comment

Popular posts from this blog

No, Bitcoin is not controlled by a small group of investors and miners (A rebuttal to the TechSpot article)

https://preview.redd.it/vli0ofqwf6w71.jpg?width=3840&format=pjpg&auto=webp&s=2a704c47375637858c27216379ae8313dadf8be8 This could be a long read. Kindly bear with me. I write this primarily in response to the TechSpot article from yesterday ( r/technology mods told me they only allow “ mainstream articles with editorial oversight and fact-checking ” so I'm sharing this here). But I’d also like to take this opportunity to write about Bitcoin more broadly as someone who has been following it for more than a decade and I’ll try to do so without complicating the conversation for anyone unfamiliar with Bitcoin. The TechSpot article cites a non-peer-reviewed National Bureau of Economic Research (NBER) working paper from Igor Makarov and Antoinette Schoar. NBER claims to be non-partisan but it is a private NPO funded by the likes of Bill Gates foundation . The chairman of NBER, Karen Horn, is a former president of the Federal Reserve Bank of Cleveland and Head of Int...
Read more