BitAddict
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October 25, 2014, 03:54:04 PM

Call me whatever u want, bulltard etc, but I aint selling shit...

Back in the day I mined myself a nice ol' stash of coins, saw them bubble to over $25 each (hory sheet!), bubble popped and the future was bleak for what seemed like an eternity. It dragged on and on, the trolls were having an absolute field day. Sound familiar? I'm ashamed to admit that the trolls got the better of me I lost faith and sold my entire stash under ~$11each


I SHOULD have put my coins in cold storage, stepped away from the keyboard, lived my life, and not wasted so much time and energy on it. So, that's what i'm doing this time. I can think of a few others that would benefit from the same advice.


The problem is that lot of people are overinvested, they probably need that money in the mid short term.
Lot of bitcoin investors bought because they wanted to be rich fast, and now is happening quite the opposite, they're coming poor faster with money they probably can't or shouldn't afford to lose.
That's gambling in general and nothing to do with Bitcoin. Bitcoiners didn't hold at <$20 for two years because they wanted to get rich. They were awed by the tech.

I agree, it's a gambling problem, I'm not blaming bitcoin. But that's what is happening to a lot of people because they made the bad decision to go allin.
Now market is trying to get rid of all this people and become healthier again, until it can keep growing.

If you made a proper long term investment with money you understand you can lose, then you should not care about daily price.