4600 is the new 6400. Who would have thought after so many months there we will dream of this price so soon. 
Anyway, this is a loss for the weak hands and bonus for the hodlers who can endure such drops and buy more. When the train starts again, I am sure all these people will wait until its too late to enter again. Imagine how weak hands are 'making money': They buy at 15k$ and above because the charts looked so hot and sexy and their analysis shows it will stay that way. Now at 4K they sell because the chart looks horrible. They assure themselves that they will enter again when they are certain the bull run is on. But when - at 6k? No, not confident. At 12K- no, its too much of a price. But the Bitcoin will not stop at 16K, 20K... and finally after 30-40K they decide to enter again... Just before the next drop to 20K when they panic sell again...
This is the explanation why there are people never profiting, while others are making huge money. I am gloating with the anticipitation of the next bull run when all these noobs will bite their tongues for selling at 4K, while the price goes above 40K! Mark my words!
Anyway, this is a loss for the weak hands and bonus for the hodlers who can endure such drops and buy more. When the train starts again, I am sure all these people will wait until its too late to enter again. Imagine how weak hands are 'making money': They buy at 15k$ and above because the charts looked so hot and sexy and their analysis shows it will stay that way. Now at 4K they sell because the chart looks horrible. They assure themselves that they will enter again when they are certain the bull run is on. But when - at 6k? No, not confident. At 12K- no, its too much of a price. But the Bitcoin will not stop at 16K, 20K... and finally after 30-40K they decide to enter again... Just before the next drop to 20K when they panic sell again... This is the explanation why there are people never profiting, while others are making huge money. I am gloating with the anticipitation of the next bull run when all these noobs will bite their tongues for selling at 4K, while the price goes above 40K! Mark my words!
You are completely correct! It also happened to me many years ago when bitcoin reached 1.000. I bought at 800 on average and then the dip came and panic sell at 500 to cut the losses. I should have been patient and just hodl. I will add more BTC to my crypto portfolio on the first days of december. 4.000 on average seems fine since I just plan to hodl for many years till it’s 30.000 one day.
