You panic sell #bitcoin because it's a speculative trade.
I calmly buy #bitcoin because it is the greatest long-term savings vehicle humanity has ever seen.
We are not the same.
Discussion
Asymmetric
Today has me thinking how far I’ve come on my bitcoin journey. Just a few years ago I was panicking when the price was crashing. Now it’s just another day to buy. The difference between then and now is that I understand what I OWN. Not a tech investment. Not a pump and dump that you have to time to make money. Just a true savings account that no one can take away from me.
Fuck responsibility. It's Friday! Degen gambling in lnmarkets with recurring 50x longs.
Shiit got lower entry again!
Sometimes people don't panic sell, they just "sell" via a clear strategy. They sell at resistance and (at least try to) buy at support. I'm not a trader by any stretch but I've been employing my simple strategy for years, not with any considerable amount but I've stacked a much higher amount and your average DCA pleb.
I'd argue that many people "panic buy" only to be shaken out when they experience a 30% haircut on the way down.
There are simply buyers and sellers.