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RE: PlexCoin (PLX) is Having a Healthy Correction

in #bitcoin7 years ago

I'm watching all these healthy corrections holding Dollars in my hands.
Healthy corrections are very healthy. But when a coin you're holding is making one, the healthy correction empty's your wallet.
Just know when to be in this game, but don't be afraid of getting out.
Cryptocurrency is always there. You don't have to be!

@haejin, please try to stay objective. As an experienced person you and I both know Ripple can become 0,20 again and bitcoin can become 9.000 dollar again. You and I saw it happen with the stockmarket back in the '90. You don't loose anything getting back into a bullish market when it's there. You loose everything when holding on in a market that's bearish.
Being almost $ 20.000,-- on the 17th of december 2017 and bing $ 13.600,-- now, that's what they cal a barish market. It's a pricedifference of $ 6.400,--
Bitcoin has been bounced off 4 times around $ 12.500,-- making it a resistance line. So just get out of BTC, look what it does at jump back later.
If it goes down, you safe yourself some money. If it goes up, at least you're jumping on a train that's moving up again. Don't call yourself a chicken. Fear is a great message, it safes lives. Most heroes are dead!
Ask yourself this question: "Would you tell your best friend to get into BTC now, or would you tell him to just wait to find out what the market does at the moment?"

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He has said BTC can go down to 8-10k$. Saying that just to be sure you know :-)