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RE: Bitcoin Falls Below $4,000 | Cryptos Hit Hard | Bloody Morning

in #bitcoin7 years ago

I'm wishing I would have sold LTC at the peak. I had this idea I wanted to own a millionth ie 84 coins so got there and continued buying. I should have sold my excess in the 90's, you live and you learn I guess.

I think its going to be rocky until china makes some concrete announcement at this point its still really speculation and rumors although we do have BTCChina comming out saying they are stopping accepting new customers no w and stopping operatinons sept 30.

Even if there was bad news about China I think it would be better to just get it out there than have uncertainty.

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I am only slightly sorry I didn't sell at peak at $97 . It will come back up. What goes up, must come down and vice versa. I am in this for the long run and China needs to take their "toys" and go home and leave "us" alone. If it goes really down, I will buy even more than I initially set as a standard for my buying, but I will also tell you that yes- my heart is sinking a little when I see LTC down to $51. OUCH.
One thing tho- I really think it will be ok. Just do this for the long haul. Day trading is pretty bad right now right? Breathe ,breathe , breathe... it will be fine.