Bitcoin Forum

Economy => Speculation => Topic started by: YoYa on April 11, 2013, 03:44:43 PM



Title: Emotion will ruin you....
Post by: YoYa on April 11, 2013, 03:44:43 PM
So....we've got a lot of angry gox threads right now, mostly by people who weren't here the last time. It's incredible to say the least that feels exactly the same as the June 2011 spike....but that happened then, and some of us are still here now. If you really want BTC to succeed, or if Profit is your motivation, then heed the advice and calm the fuck down. It is the exact same reason that you're screaming about Gox now that panic sells happen: Emotion, and further to that Crowd psychology.

If you wish to be distinct from the crowd, stop howling, lick your wounds, and ask what your strategy to turn your initial failure in to a success will be for the next year. Bitcoin ain't going anywhere for the moment, neither will Mt. Gox for that matter as they will remain the largest and most liquid exchange, just as they stayed the last time - Effectively the market has not yet furnished a better alternative.

Get a cup of Green tea, imbibe your favourite sedative, put on some good music and THINK about how you'll get though it - Good advice for BTC, Trading, and life itself.

Also, read this:
http://ebooks.gutenberg.us/worldebooklibrary.com/confessstock.htm