Can anyone explain to me why I am Bagholding 1k Monero eventhough I can see bitcoin mooning and still insist on bagholding ?
>pic related... how much 1k monero will be worth by novemeber
>>1588005
sell that shit
>>1588005
if you're not 'trading', just relax. you'll have a chance to sell much higher if you just wait.
>>1588005
I forgot the word for it, but it's a cognitive bias common in stocks as well, where you're reluctant to sell until you at least break even.
Of course if you believe in the time value of money, every day you bag-hold you're losing potential earnings.
The trick is to see your expenditure as a experiment, as a risk.
>>1588135
Yeah I had that as a beginner... lost a shit load of opportunities in August and September. Couldn't even catch FLDC and CURE. I lost it all and I didn't have enough to buy POT and BELA.
Waves is dipping, perfect time to stop baghoding monero and get on the latest russian blockcheyn rocketship.