Bitcoin Forum
November 19, 2017, 01:47:14 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 [2]  All
  Print  
Author Topic: For everybody who is considering selling - Quote from Jesse Livermore  (Read 3389 times)
RationalSpeculator
Sr. Member
****
Offline Offline

Activity: 294

This bull will try to shake you off. Hold tight!


View Profile
March 22, 2013, 04:30:29 PM
 #21

This reminds me of a jim rogers quote:

"I just wait until there is money around the corner, and all I have to do is go over there and pick it up. I do nothing in the meantime."

If only ...
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1511056034
Hero Member
*
Offline Offline

Posts: 1511056034

View Profile Personal Message (Offline)

Ignore
1511056034
Reply with quote  #2

1511056034
Report to moderator
1511056034
Hero Member
*
Offline Offline

Posts: 1511056034

View Profile Personal Message (Offline)

Ignore
1511056034
Reply with quote  #2

1511056034
Report to moderator
Herodes
Hero Member
*****
Offline Offline

Activity: 868


View Profile
March 22, 2013, 04:44:36 PM
 #22

+1 Paper wallet really helps with the sitting tight part. One caveat, though, is that Livermore ended up committing suicide, and penniless. Brilliant trader, but he had poor risk management.

Yes anybody interested can look it up on wikipedia. His lasts days didn't seem too joyful, he must've been pretty far down..
humanitee
Hero Member
*****
Offline Offline

Activity: 728


View Profile
March 22, 2013, 04:49:34 PM
 #23

+1 Paper wallet really helps with the sitting tight part. One caveat, though, is that Livermore ended up committing suicide, and penniless. Brilliant trader, but he had poor risk management.

Yes anybody interested can look it up on wikipedia. His lasts days didn't seem too joyful, he must've been pretty far down..

"On March 28, 1933, Livermore married 38 year old Harriet Metz Noble in Geneva, Illinois; there was no honeymoon. It was Harriet's fifth marriage; all four of her previous husbands had committed suicide.[10] Livermore would be no different."

LOL, are we sure this guy committed suicide? Holy shit.
Herodes
Hero Member
*****
Offline Offline

Activity: 868


View Profile
March 22, 2013, 04:52:06 PM
 #24

+1 Paper wallet really helps with the sitting tight part. One caveat, though, is that Livermore ended up committing suicide, and penniless. Brilliant trader, but he had poor risk management.

Yes anybody interested can look it up on wikipedia. His lasts days didn't seem too joyful, he must've been pretty far down..

"On March 28, 1933, Livermore married 38 year old Harriet Metz Noble in Geneva, Illinois; there was no honeymoon. It was Harriet's fifth marriage; all four of her previous husbands had committed suicide.[10] Livermore would be no different."

LOL, are we sure this guy committed suicide. Holy shit.

Oh dear! I would've been scared shitless of such a woman! Oh... my good...
justusranvier
Legendary
*
Offline Offline

Activity: 1400



View Profile WWW
March 22, 2013, 06:16:33 PM
 #25

My trading strategy: whenever a paycheck posts to my checking account I immediately initiate a bitcoin purchase via Coinbase. When the coins are available on Coinbase I send them to an offline Armory wallet. About once per week I sell a small quantity of bitcoins via otc trades to cover my living expenses.

Using this method I've accumulated savings equal to eight months of living expenses in a very short time.
AbsoluteZero
Member
**
Offline Offline

Activity: 66


View Profile
March 22, 2013, 07:52:45 PM
 #26

+1 Paper wallet really helps with the sitting tight part. One caveat, though, is that Livermore ended up committing suicide, and penniless. Brilliant trader, but he had poor risk management.

Yes anybody interested can look it up on wikipedia. His lasts days didn't seem too joyful, he must've been pretty far down..

"On March 28, 1933, Livermore married 38 year old Harriet Metz Noble in Geneva, Illinois; there was no honeymoon. It was Harriet's fifth marriage; all four of her previous husbands had committed suicide.[10] Livermore would be no different."

LOL, are we sure this guy committed suicide? Holy shit.

People with assets on a brain wallet have less chance of suicide.
Herodes
Hero Member
*****
Offline Offline

Activity: 868


View Profile
March 22, 2013, 09:52:15 PM
 #27

Why should we listen to that Livermoore dude, sure he probably made a fortune, but the choice of wife didn't seem the wisest (ie. widow after 4 husbands comitted suicide...) and he comitted suicide in the end too, wich meant all his trades were 'permanently sold out'..

Now, if he only lived on, retreated to some tropical resort, living the good life - and preaching how he got there. Wink
smoothie
Legendary
*
Offline Offline

Activity: 2072


LEALANA Monero Physical Silver Coins


View Profile
March 22, 2013, 10:35:34 PM
 #28

This reminds me of a jim rogers quote:

"I just wait until there is money around the corner, and all I have to do is go over there and pick it up. I do nothing in the meantime."

If only ...

if you missed it ...it was an analogy to opportunities in market trading. He is saying you will know when the money to be made is as easy as picking it up (i.e. pushing a buy or sell button).

███████████████████████████████████████

            ,╓p@@███████@╗╖,           
        ,p████████████████████N,       
      d█████████████████████████b     
    d██████████████████████████████æ   
  ,████²█████████████████████████████, 
 ,█████  ╙████████████████████╨  █████y
 ██████    `████████████████`    ██████
║██████       Ñ███████████`      ███████
███████         ╩██████Ñ         ███████
███████    ▐▄     ²██╩     a▌    ███████
╢██████    ▐▓█▄          ▄█▓▌    ███████
 ██████    ▐▓▓▓▓▌,     ▄█▓▓▓▌    ██████─
           ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌          
           ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌          
    ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─  
     ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩    
        ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀       
           ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀`          
                   ²²²                 
███████████████████████████████████████

. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.        SMOOTHIE'S HEALTH AND FITNESS JOURNAL          History of Monero development Visualization ★☆ .
LEALANA  PHYSICAL MONERO COINS 999 FINE SILVER.
 
AbsoluteZero
Member
**
Offline Offline

Activity: 66


View Profile
April 03, 2013, 07:37:33 AM
 #29

I just had to bump this up.

Still feel the same way.
BTC Books
Member
**
Offline Offline

Activity: 84



View Profile
April 03, 2013, 08:34:41 AM
 #30

Yup.  Sitting tight.

I did take the precaution of closing my MtGox account.  I'll get another one through CoinLab maybe, another day.  One less temptation...

Dankedan: price seems low, time to sell I think...
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!