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    Author Topic: Fear is not Real.  (Read 2114 times)
    Altryist
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    January 31, 2022, 04:14:11 PM
     #121

    It depends on the situation, there are situations where fear saves us. and also in the world of investments fear can be a great ally, for example when the price was at $68000, all people who were afraid that the price could drop a lot they sold and today they can buy more bitcoins, so in this case fear was the salvation of these people. blind hodl is the biggest danger I see, people need to know entry point and sell point they can't just think that they will only be buying and doing eternal hold and that even when the price drops a lot they can't sell, an explosion like that scenario is the current scenario where people are at a loss because they bought in the $68000

    A person will have fear at any level, even now when bitcoin is not worth 68,000, but 38000, people are still afraid that it may fall lower. And if the price will be 20k, the person will still have the same fear. But I agree with you that the exit point should be determined at the stage of buying a coin. Greed is perhaps an even more terrible enemy of people than fear.
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