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RE: Why so Sad? Bitcoin is Still Way Up for the Year.

in #bitcoin8 years ago

Yeah, it's hard for many folks to see a 20% drop as a healthy contraction after a 100% rise. They just see the top to the current price and freak. Not a good place for the emotionally reactionary.
If folks find themselves freaking, they should do one of two things - 1) sell all their BTC (perhaps with a trailing stop) or 2) stop watching the price, except once very few months