FUD

[FlorinCollector]

Well it finally got to me yesterday and I have been reading more and more into how tether could be propping up the crypto market. So i sold my 1 bitcoin as I think about it too much so I think it was the best idea. Remember when the guy on here sold his gold because he didnt really understand what he was in so i think ive done the same but not too shabby either. Turned just under 4 ounces of gold into 6. So cannot complain. 

Since i sold it has went up by about £300 but that is the risk you take i suppose. 

[Tn21]

So with the bitcoin you profited by 2 and bit Oz's of gold ?

[Mcgrimes]

16 minutes ago, JosephM said:

Well it finally got to me yesterday and I have been reading more and more into how tether could be propping up the crypto market. So i sold my 1 bitcoin as I think about it too much so I think it was the best idea. Remember when the guy on here sold his gold because he didnt really understand what he was in so i think ive done the same but not too shabby either. Turned just under 4 ounces of gold into 6. So cannot complain. 

Since i sold it has went up by about £300 but that is the risk you take i suppose. 

As is typical with crypto, it might be down 80% tomorrow. In any case, congrats on selling at $9000, I sold mine at about $400 - I had about 0.3 and thought it was going to plummet to pennies.

 

[FlorinCollector]

9 minutes ago, Tn21 said:

So with the bitcoin you profited by 2 and bit Oz's of gold ?

Yeh mate. Paid £3900 and sold roughly in the 6.8k mark. 

[goldmember44]

Congrats on your profit on bitcoin. 

[FlorinCollector]

9 minutes ago, Mcgrimes said:

As is typical with crypto, it might be down 80% tomorrow. In any case, congrats on selling at $9000, I sold mine at about $400 - I had about 0.3 and thought it was going to plummet to pennies.

 

Yeh its just not worth the thought i feel. My plan was to hold 1 btc until i either struck it rich or it went to 0. As soon as i was up a couple k in like a month i thought i cant lose this money. Atleasr my gold i dont check the spot price every second of the day. And can get weekends off checking it 😂

[cravethatcoin]

I think the key with Bitcoin is only invest what you can afford to loose and an amount that isn't emotional. For sure if the amount in Bitcoin becomes substantial it's going to be draining monitoring the price and expecting the worst (which certainly could happen). I also own 1 BTC and have been tempted to sell so many times then when I am thinking about it the price dips again haha.