I already lost a testicle. I got 1 left. I hope Dash doesn't drop anymore :< I need a hug. Someone tell me its all gonna be ok
These price fluctuations :(
- Thread starter Anonymous Dude
- Start date
Why the panic mode?
Just look at the 30 day graph and think about how much it went up in value since the end of February.
It will bounce back, don't worry. It still has a looong way to go... up I mean
Just look at the 30 day graph and think about how much it went up in value since the end of February.
It will bounce back, don't worry. It still has a looong way to go... up I mean
Where is the bottom do u think?Why the panic mode?
Just look at the 30 day graph and think about how much it went up in value since the end of February.
It will bounce back, don't worry. It still has a looong way to go... up I mean
K
Keitsu
Guest
Don't worry about it, it will go back up. Just like Bitcoin it will continue to exceed it's previous all time highs during it's growth as a currency.
K
Keitsu
Guest
My "guess" of .059 was because that is an important Fibonacci level which indicates support. We did have significant support there, although obviously we ended up going under that eventually. Yet we're almost back (although now it will be resistance).
I won't lie, I almost sold at $55
.I'm still stressed out, yesterday was horrible.
I will forever remember this
I'm glad you didn't sell @Anonymous Dude
Market fluctuations like this are part of the deal. You have to be able to tune out of it, otherwise your own emotions become your worst enemy when it comes to investing and making money. I've seen many very bright and intelligent people lose money on an investment because they let their emotions get the better of them.
The only thing that matters when deciding whether to sell and investment or not is whether anything fundamental has changed. If there's a good reason for the price drop then it's probably worth evaluating the situation further but if it's just dropping for no good reason then in the long run it's nothing to worry about. Yesterday was clearly a case of the latter.
You'll be glad of your decision to hold by the end of the year, I can promise you that!
cheers
Walter
Market fluctuations like this are part of the deal. You have to be able to tune out of it, otherwise your own emotions become your worst enemy when it comes to investing and making money. I've seen many very bright and intelligent people lose money on an investment because they let their emotions get the better of them.
The only thing that matters when deciding whether to sell and investment or not is whether anything fundamental has changed. If there's a good reason for the price drop then it's probably worth evaluating the situation further but if it's just dropping for no good reason then in the long run it's nothing to worry about. Yesterday was clearly a case of the latter.
You'll be glad of your decision to hold by the end of the year, I can promise you that!
cheers
Walter
K
Keitsu
Guest
Dash is doing much better in the past days due to the Kraken implementation, and many other coins are recovering too (eth went up over 20% in 2 days too)
In the long run it would be better if crypto is not that volatile, even the most stable bitcoin is a big mess, you cannot expect that normal people will be ok buying some coin for $1000 and then losing 20% or even 50% of its value in a month or two just because the market is crazy ... I guess no coin has a good solution for this yet.
Anyway, as long as Dash generally goes up, everyone is happy here.
In the long run it would be better if crypto is not that volatile, even the most stable bitcoin is a big mess, you cannot expect that normal people will be ok buying some coin for $1000 and then losing 20% or even 50% of its value in a month or two just because the market is crazy ... I guess no coin has a good solution for this yet.
Anyway, as long as Dash generally goes up, everyone is happy here.