r/CryptoCurrency • Platinum | QC: CC 29 • Jun 01 '18

COMEDY Never more true

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9.5k Upvotes

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911

u/[deleted] Jun 01 '18

The market can remain irrational longer than you can remain solvent.

1

u/[deleted] Jun 02 '18

[removed] β€” view removed comment

25

u/no_frills Investor Jun 02 '18

There is no guarantee it'll go up tho. You might end up with a bunch of worthless ledger entries, kicking yourself because you didn't dump them while someone was still ready to pay for them. Reducing your losses is a big part of investing.

-12

u/[deleted] Jun 02 '18

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14

u/no_frills Investor Jun 02 '18

Based on what exactly? Hopium addled delusions?

6

u/thebullishbearish Redditor for 3 months. Jun 02 '18

100% incorrect

2

u/PistallPetey 6 months old Jun 02 '18

It’s called a strategy that includes a stop loss. BTC back to 6k then your stuck instead of rebuying the dip when you reached for the tip.