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When HN starts posting Pro-bitcoin news, it means it's a good time to sell. I bought in when HN perpetuated the market debasement the last two times, when it "
by anonbanker 10y ago
When HN starts posting Pro-bitcoin news, it means it's a good time to sell.
I bought in when HN perpetuated the market debasement the last two times, when it "crashed" at $450 and $600 CAD. Both times, there was substantial fear, uncertainty, and doubt surrounding bitcoin in the HN comments (look them up yourself if you doubt me!). I adopted the position that I should be doing the exact opposite of what HN was recommending.
I'm still sticking to that position. I'll probably diversify greatly at this point with other altcoins, so I avoid the drop, then I'll buy in at the lower price. in around 30 days, I'll post back to see if I was wrong or not.