Fact #1a: Long-term most traders/speculators lose money (~80 to 90% lose) ~source = Reality/Common Knowledge/Google it
Fact #1b: These are bad odds, but it leaves HUGE piles of cash for the Winners.
Fact #2: When BTC was near/over $1,000 each, most "Speculation" threads were (short/medium-term) Bullish and all of those were wrong.
Fact #3: BTC is down over 60%, most of the "Speculation" threads are currently Bearish.
Fact #4: The 10 to 20% of traders who win long-term don't get there by always following the crowd; You need to think for yourself.
Your pain and fear can end now:
Think for yourself/Take a long walk/Get some exercise
- Enjoy today before it turns into tomorrow.
FYI: Why are
you reading this?
Didn't I mention these are
notes to myself? For once I have a lot of $$ sitting ready to strike instead of watching the bubble crash & bubble crash for the previous 2 cycles
Even if we hit 300 ( i honestly believe that 405 is a support that cant be broke ) taking a position at 420 is still a an awesome deal for a mid-long term (bitcoin mid to long term is still only 2-3 months lolz normal equities you are looking at 2-5 years ..yawn)
So i sit and wait with a pile of $$ waiting for the bottom ... it was so much simplier previously (in the old days ) .. we would crash like a meth head on a 6 day binge after taking 2 valium (i.e in about 20-30 mins ) and buy in was good ...$60 buy in from a $266 high its a no brainer
Here the chinese are fucking with us ...china ban..no china ban ... fuck the chinese and the horse the rode in on
IRS taxation is the first step to an AMERICA ADOPTING an american invention why are we even relying on the fucking chinese for gods sake
BITCOIN is the definition of capitalist market forces ... and why has the mother of capitalism spewed forth so much hate for its PURE bread born child
Chinese gone ...good .. take your dim sims and special fried chicken and go fuck yourselfs with your totalitarian regimens ...
One thing i do know is that where ever the chinese are is where teh smart money is so ...BTC please send me a sign that you are done with the chinese experiment and lets get this party started