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SVTPerformance's Chain of Restaurants
Road Side Pub
BITCOIN
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<blockquote data-quote="KilledbyKenne" data-source="post: 16657807" data-attributes="member: 154527"><p>The issue with many Crypto users is a lack of exit strategy or if they have one, sticking to it.</p><p></p><p>They see the gains they have made through the bull market and think, "Just another $1k price increase then I'll sell." If it reaches that milestone they just push it to the next dollar amount they have in their head and it's an endless process until the price begins to drop. Then while it's going down they say, "This time it's different. As soon as it gets close to it's previous ATH then I'll sell for real." But by now it's the end of the bull run and the price keeps going down and since they feel they missed the top they just hold and wait for the next bull run to kick off. Lol</p><p></p><p>At least that's what I've seen/experienced.</p></blockquote><p></p>
[QUOTE="KilledbyKenne, post: 16657807, member: 154527"] The issue with many Crypto users is a lack of exit strategy or if they have one, sticking to it. They see the gains they have made through the bull market and think, "Just another $1k price increase then I'll sell." If it reaches that milestone they just push it to the next dollar amount they have in their head and it's an endless process until the price begins to drop. Then while it's going down they say, "This time it's different. As soon as it gets close to it's previous ATH then I'll sell for real." But by now it's the end of the bull run and the price keeps going down and since they feel they missed the top they just hold and wait for the next bull run to kick off. Lol At least that's what I've seen/experienced. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
BITCOIN
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