02-23-2021, 02:51 AM
Stop calling this a dip, bloody monday or whatever negative word you can find for th
<!-- SC_OFF --><div class="md"><p>We are still significantly higher than we were 5 days ago. My portfolio still DOUBLED compared to LAST MONTH. I haven’t seen these kinds of gains in years.. If you, for some reason, experience this so called dip as an actual dip, or something negative at all.. Then chances are that you invested too much, tried to time the market too much, wanted to become rich quick or a combination of the above and you’ll have a chance of ending up pretty depressed once it goes south like it did in 2017-2018.. Read about the Dunning kruger effect, risk management, diversification, ladder buying/selling and Dollar Cost Averaging (DCA) and consider your money lost once you have put it in. “But but but, what is the reason we are going down today?” “Because people are selling after these amazing gains which they haven’t seen in the past 3 years to cash out some profits and enjoying these by buying material things that make their daily life more convenient, fun or whatever the reason is you and I spend money on stuff other than crypto and basic necessities.”</p> <p>I hope this post gets on the frontpage here cause all these “dip” posts give me (and probably a lot of others) flashbacks to 2017-2018, you know, when we were nearing a real top followed by a real bear market aka the real dip aka the discount DCA market.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Jayvn13"> /u/Jayvn13 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/lplckn/stop_calling_this_a_dip_bloody_monday_or_whatever/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/lplckn/stop_calling_this_a_dip_bloody_monday_or_whatever/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>We are still significantly higher than we were 5 days ago. My portfolio still DOUBLED compared to LAST MONTH. I haven’t seen these kinds of gains in years.. If you, for some reason, experience this so called dip as an actual dip, or something negative at all.. Then chances are that you invested too much, tried to time the market too much, wanted to become rich quick or a combination of the above and you’ll have a chance of ending up pretty depressed once it goes south like it did in 2017-2018.. Read about the Dunning kruger effect, risk management, diversification, ladder buying/selling and Dollar Cost Averaging (DCA) and consider your money lost once you have put it in. “But but but, what is the reason we are going down today?” “Because people are selling after these amazing gains which they haven’t seen in the past 3 years to cash out some profits and enjoying these by buying material things that make their daily life more convenient, fun or whatever the reason is you and I spend money on stuff other than crypto and basic necessities.”</p> <p>I hope this post gets on the frontpage here cause all these “dip” posts give me (and probably a lot of others) flashbacks to 2017-2018, you know, when we were nearing a real top followed by a real bear market aka the real dip aka the discount DCA market.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Jayvn13"> /u/Jayvn13 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/lplckn/stop_calling_this_a_dip_bloody_monday_or_whatever/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/lplckn/stop_calling_this_a_dip_bloody_monday_or_whatever/">[comments]</a></span>Kind Regards R