Where your hard-earned money comes to die. Home.
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Prepare to lose another 25% tonight
Poast new message in this thread
Date: January 16th, 2018 10:35 AM Author: shimmering church (http://www.autoadmit.com/thread.php?thread_id=3861302&forum_id=7",#35167223) |
Date: January 16th, 2018 10:40 AM Author: Slate Point Shitlib jfc (http://www.autoadmit.com/thread.php?thread_id=3861302&forum_id=7",#35167261) |
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Date: January 16th, 2018 10:50 AM Author: lemon center Think I’m putting at least some of it in tether overnight with a limit order to cop eth around 1050 (http://www.autoadmit.com/thread.php?thread_id=3861302&forum_id=7",#35167360) |
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Date: January 16th, 2018 12:04 PM Author: Rose odious step-uncle's house masturbator how come? (http://www.autoadmit.com/thread.php?thread_id=3861302&forum_id=7",#35167857) |
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Date: January 16th, 2018 12:05 PM Author: Slate Point Shitlib wait (http://www.autoadmit.com/thread.php?thread_id=3861302&forum_id=7",#35167871) |
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Date: January 16th, 2018 12:09 PM Author: talented native china banning bitcoin again? (http://www.autoadmit.com/thread.php?thread_id=3861302&forum_id=7",#35167899) |
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Date: January 16th, 2018 12:14 PM Author: Thirsty Self-centered Laser Beams Location Seriously, why this time? More Korea news? Chyyyna? (http://www.autoadmit.com/thread.php?thread_id=3861302&forum_id=7",#35167934) |
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Date: January 16th, 2018 12:45 PM Author: Useless Volcanic Crater Home Many (most?) people that invested during the Dec-Jan explosion did so on the expectation of a profit return, not due to a perceived value in the underlying coin/company.
Many of these people are also inexperienced investors and likely took an out-sized risk. I.E., they bet more than they were willing to lose. Remember, they were banking on everything only going up, not down.
So, when the market begins to tumble, these types panic and sell to cut their losses.
Right now, it is not clear why the panic selling would stop at all. |
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Date: January 16th, 2018 12:51 PM Author: Stirring Whorehouse How do you lose money in this market? It seems impossible. (http://www.autoadmit.com/thread.php?thread_id=3861302&forum_id=7",#35168229) |
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Date: January 16th, 2018 12:55 PM Author: Useless Volcanic Crater Home You lose money by selling at a loss during a big dip/correction like we are currently experiencing.
That may be hard for you to imagine, given your cheap PFR buy. But imagine someone that decided to get into Crypto a week ago based on all the mania and the charts pointed straight up. They could be down 50% on many of the big coins, and 75% or more on the true shitcoins. |
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Date: January 16th, 2018 1:19 PM Author: talented native the news has been on the wire for 12 hours. If you were going to panic sell, shouldn't you have done that already (http://www.autoadmit.com/thread.php?thread_id=3861302&forum_id=7",#35168498) |
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Date: January 16th, 2018 1:35 PM Author: Useless Volcanic Crater Home I'm waiting for the absolute bottom before I sell. (http://www.autoadmit.com/thread.php?thread_id=3861302&forum_id=7",#35168646) |
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Date: January 16th, 2018 1:37 PM Author: talented native (http://www.autoadmit.com/thread.php?thread_id=3861302&forum_id=7",#35168669) |
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Date: January 16th, 2018 1:39 PM Author: Hairraiser rehab friendly grandma (http://www.autoadmit.com/thread.php?thread_id=3861302&forum_id=7",#35168683) |
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Date: January 16th, 2018 12:52 PM Author: Excitant Mint National It's happening now!!! (http://www.autoadmit.com/thread.php?thread_id=3861302&forum_id=7",#35168232) |
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Date: January 16th, 2018 12:52 PM Author: motley public bath milk probably. but 50% swings in your portfolio week to week is par for the course in crypto.
there is insane demand for risk globally right now and China/SK "banning" exchanges will hardly spell the end of this bubble. |