I hope youre right. I just know i have personal
Post# of 148167
I just know i have personally experienced FOMO, bought into the rise then watched it drop and wham, i'm down 20% immediately. i always say i am a negative market indicator. (do the opposite of what i do if you want to make money. Man... can you believe cydy is only 2$? buy all you can. Holy cow its down to 1$ buy all you can... thats been my past 2 years.)
Because i'm naturally pessimistic i have buys in at 0.35, which will look pretty stupid if it does take off. But its not like we havent seen this at various levels for the past 3 years. Remember all the stop loss discussion with the massive drop from 10?
When you get rises like this people put in stops which can cut the throats of longs. The shorts and MM are masters at playing with fire, and so far they have been on the winning side. I just hope to be online or properly planned when they do, and they will, they ALWAYS have. Or i could just blow my wad at todays prices and tune out.
The only saving grace is that as long as what we believe is true $0.45 is still a steal.
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