Yup confirmation bias at play. See, what if you missed out on the big gains blah blah ...... while completely overlooking the possibility of missing out on the big losses. Hodler-think.
Think I posted this link before? How To Avoid Big Declines Using Market Timing NOVEMBER 5, 2008 BY CHARLES LEBEAU https://tradingmarkets.com/recent/how_to_avoid_big_declines_using_market_timing-678837.html
And you would have already got stopped out today, in just under 24 hours. Looks like I fucking NAILED it again last night. Not sure why no one joins me on this forum when I dive in on these swings.
The crypto world is filled with scammers and incompetents. Some deserve to blow up. Leverage, wheels and stupid measures deserve stupid outcome. But what makes me wonder, is the people who wouldn't touch crypto with bargepole, but then they spend precious time of the day in crypto chats... Just to say, I told you so, I was right... it will go to zero bs. We are all with pop-corn here, holders and ponzi believers. I don't think we will ever see 0.
Agreed. Just like the 'real world'. Agreed again. Unfortunately, in your REAL WORLD, the government always steps into use YOUR tax-payer's money to bail out these fat cats and give them even more millions of dollars paid in bonuses for doing such good jobs as to bankrupt the too-big-to-fail system. So which would you prefer?
Between our current corrupt centralised system run by crooks Vs an idea of a decentralised system run mostly by financial incompetents? Tough choice.
Self-custody crypto assets are unaffected by all of the turmoil. Good DeFi projects are operating without any issues