I wouldn’t beat yourself up over it, we all make mistakes and hindsight is always 20/20, if we don’t screw up sometimes we don’t learn important lessons.
The thing to recognise is if you sold at the bottom last time is not to repeat the same mistake. There’s no reason this cannot go lower than 5k but at the same time there’s also no reason to say we can’t bounce hard before then, my lowest downside target in my mind is very similar to yours around the $5,300 mark. But at the moment if you’ve held this far then it could be better to hold on and focus on other things. If you need cheering up just read some past articles about all the other times it’s been the end of bitcoin :)
@MikeLeChat, Thnx, i'm not selling. I can't, i don't care anymore. I wonder who is selling now? :). Probably just shorting on bifinex, bitrex etc and thinking of buying lower! I'm actually happy as these prices get rid of weak hands, and i really think there are going to be crazy high prices in the months ahead. There are some CME BTC futures dates on 27th of this month! I think they are shorting and winning double!
G1979
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By the way, i made 12k in one night, with Polymath! I was buying at Bitrex at 0.4 usd and selling at Bitfinex at around 0.54 (0.00104 eth. eth was 505 usd)! First day of Polymath at Bifinex, crazy arbitrage! All night, sold 100k polymath!
Crazy world Crypto.
Eberzahn
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Correct - just wait for 2019 ........
alicemayane94
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You are not alone, friend. but to be fair holding and buying for the long hual is perhaps the best option you have right now. it's a fire sale like we will probably never see before again.
The thing to recognise is if you sold at the bottom last time is not to repeat the same mistake. There’s no reason this cannot go lower than 5k but at the same time there’s also no reason to say we can’t bounce hard before then, my lowest downside target in my mind is very similar to yours around the $5,300 mark. But at the moment if you’ve held this far then it could be better to hold on and focus on other things. If you need cheering up just read some past articles about all the other times it’s been the end of bitcoin :)
99bitcoins.com/bitcoinobituaries/