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RE: Somebody is in Big Trouble

in #investing7 years ago

just missed it by 1cent during the massive capitulation dip.

I hate it when that happens! The main thing I do to eliminate that from happening as much as possible is to divide my buys and sells into several lots and then either scale in or scale out, whichever is the case. It works well for me.

I think we'll see new lows in some of the biggies, but I wouldn't expect them to be substantial.

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I've bought at 4.95 (lol) and 4.60 now for STEEM, have about 50% fiat reserved if it goes below $4. I remember you saying anything below $4 would be unlikely and a steal, but when that BTC tumbled past $8k I hesitated. Live and learn I guess, your analysis has been spot on!