A large portion of you today were crying game over, spreading panic, fear mongering, and displaying other forms of ridiculous behavior in response to a 25% fall in the price of Bitcoin today.
/r/bitcoin is a fairly large part of the Bitcoin community. People are watching us, some of the media is watching us. Maybe some of you should consider maturing up a bit.
It's been said before and I will reiterate it: Don't invest more than you are willing to lose! Tattoo these words on your body! That way you can enjoy the ride rather than have panic attacks about losing your life savings and contemplating suicide.
The price of Bitcoin is still hovering around $550-600 USD as of this post. Have you forgotten that just a few short months ago it was at $200? It's still incredibly valuable.
If you're not invested in Bitcoin for it's potential as a currency and you don't understand the possibility that you could lose money, then do yourself and this community a favor: sell out and leave.
Submitted December 18, 2013 at 08:19PM by Alstroph
No comments:
Post a Comment