|
ab1jx
|
 |
June 30, 2019, 08:55:21 PM
Last edit: June 30, 2019, 10:34:36 PM by ab1jx |
|
Let's see if I can do this in ascii art
sell
sell /\
sell /\ / \
sell /\ / \ / \ reach goal amount, coast or retire
sell /\ / \ / \ /
sell /\ / \ / \ / \ /
/\ / \ / \ / \ / \ /
/ \ / \ / \ / \ / \ /
/ \/ \/ \/ \/ \/
buybuy buy buy buy buy
time ->
If you read Andrew Cook's investment tutorial PDFs you should buy when it's low and sell when it's high. So you need a way to do that with minimal fees. You take your profit from one cycle and invest it in the next one plus your original principle so you can keep making bigger and bigger investments. Buy a CD with it or put it in a savings account between cycles. If you dip in and take some out then you don't have that to invest so it will slow down how fast you get to your goal amount. I can't imagine just buying and holding.
If you have a profit that varies randomly between 150 and 400%, you can start with $450 and get to $1 million in about 7 cycles. Once you reach your goal you can start taking money out and have an income from it. The science or luck is in picking the times to buy or sell. And maybe some day I can afford an Antminer. But watch bitcoinwisdom.io, mostly buy or sell when the fast and slow moving averages cross. Start with $10 and it takes a few more cycles, the more you can start with the more you jump ahead.
The Andrew Cook I'm talking about lived in Chile and started an investment firm around bitcoin. I have 5 PDFs which may have come from saving his 5 articles from Firefox. They're loosely titled "How to make money trading bitcoin" but other people have written articles with the same title. They seem to have vanished, I think somebody's trying to sell them. There's at least 1 part on Scribd but I'm not going to pay for it since I already have it, I was just trying to find a URL to post here. If you can get a message to me with your email address I can email the pdfs I have. You could also search for "Cook Investment firm" which was his company then. He did make at least 1 post here on bitcointalk.org so I imagine he still has an account here. There's some stuff on reddit with images on imgur. He's doing day trading of bitcoin now I guess.
|
|
|
|
|
|
|
|
|
|
|
|
"In a nutshell, the network works like a distributed
timestamp server, stamping the first transaction to spend a coin. It
takes advantage of the nature of information being easy to spread but
hard to stifle." -- Satoshi
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
shield132
|
|
June 30, 2019, 09:38:55 PM |
|
My brother had invested in bitcoin where market price has down to 3K usd. Seeing the current market and the needs arisea, my brother had cash out already and I am not surprise that he trippled his money investment. Good for.him but I think it must be hold still if I were on his side. The only problem is that I am not control of his money and seeing him profited in bitcoin makes me regret why I am.not investing and risking money during the bear market.
Who among you here does not hold btc anymore and afraid of investing to bitcoin? Did you regret of not investing on bitcoin too?
We can't call that choice wrong because he got profit and that matters the most in investment, profit is profit, doesn't matter how much and especially here when he got 300% back. You can hold and wait until bitcoin reaches 20K and more but no one can say that 100%. What if some days ago seen 13k will be the last and most high? And also as some people say there only supporters hold bitcoin, can't agree at some point. When you don't move money and it's frozen in one place, that's bad for economy too. |
|
|
|
killat
Member
 Offline
Activity: 742
Merit: 21
Be the reason someone smiles today
|
|
July 01, 2019, 06:07:56 AM |
|
Forums, chats and news outlets are simply the wrong avenues for meaningful price prediction. Almost all answers you’ll get will be from retail investors or just people who aren't trading to begin with. How do you expect these people, who have nothing to back their claims, to give answers indicative of future price? I would suggest you need a history log of past experiences, AKA trades, to justify future predictions from anyone.
|
✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦ Be kind whenever possible. It is always possible ✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦✦ |
|
|
|
puertorikosena
|
|
July 01, 2019, 05:08:07 PM |
|
Do not be sorry that you did not. So it was necessary. If you want to invest now, then you should wait until the market has a little rest from a strong impulse and gain strength to move higher.
|
|
|
|
|
|
jake zyrus
|
|
July 03, 2019, 04:35:14 AM |
|
It's your brother's investment so he has the rights to decide on what to do. Whether he would cash it our or not. Since he already risked by investing and saw that it tripled, maybe its already enough for him.
If you also want to invest and gain, better ask your brother for some advice. Bet he's the one who can really help you.
|
|
|
|
Johnzky
Member
Offline
Activity: 616
Merit: 30
|
|
July 03, 2019, 05:24:33 AM |
|
Do not be sorry that you did not. So it was necessary. If you want to invest now, then you should wait until the market has a little rest from a strong impulse and gain strength to move higher.
Still waiting is the key to success,if you can afford to have more time to keep patient then for sure you’ll be having a good dinner(not unless you hold shitcoins) But as long as you have the guts and the faith on your holdings?then no need to worry because profit will come in place on right time |
|
|
|
|
|
eaLiTy
|
|
July 03, 2019, 07:10:02 AM |
|
Who among you here does not hold btc anymore and afraid of investing to bitcoin? Did you regret of not investing on bitcoin too?
What is the point of regret if you did not have the confidence to invest in bitcoin, the risk reward ratio if you invest in bitcoin is much higher than any other financial platform and if you are wise enough and have the experience in any trading platform then you will invest when the market is going down because the market will not go down all the time and there will be a recovery and if you invested during the bear market then there is no doubt you will reap your profits. |
|
|
|
|
|
xSkylarx
|
|
July 03, 2019, 01:20:49 PM |
|
It's your brother's investment so he has the rights to decide on what to do. Whether he would cash it our or not. Since he already risked by investing and saw that it tripled, maybe its already enough for him.
If you also want to invest and gain, better ask your brother for some advice. Bet he's the one who can really help you.
Being greedy won't always do anything good. His brother has nothing to lose and already tripled his investment. With that money, he can use some of it to invest again then enjoy what's left for himeself. We should always remember that when investing if your capital have already been doubled or more, grab the opportunity to take profit before it disappears. |
|
|
|
|
grimico33
Newbie
Offline
Activity: 22
Merit: 0
|
|
July 03, 2019, 03:53:16 PM |
|
My brother had invested in bitcoin where market price has down to 3K usd. Seeing the current market and the needs arisea, my brother had cash out already and I am not surprise that he trippled his money investment. Good for.him but I think it must be hold still if I were on his side. The only problem is that I am not control of his money and seeing him profited in bitcoin makes me regret why I am.not investing and risking money during the bear market.
Who among you here does not hold btc anymore and afraid of investing to bitcoin? Did you regret of not investing on bitcoin too?
Your brother earned good money. You must be able to sell at the right time. But my position is that you can sell a part, buy additional bitcoins, but you must always have a stock on the balance. Anything can happen, and in order to not regret it, you need to have a supply of cryptocurrency on your balance sheet  |
|
|
|
|
|
zenhu
|
|
July 03, 2019, 04:09:18 PM |
|
Don't be greedy when you taking profit, 300% profit in 3 months is amazing. Your brother's decision to sell his bitcoin was right before the market turning into bearish then he can buy more bitcoin when its hit $4000 again.
Don't be regret what you did before, lucky you not lost your money on the market, lets find another chance to get profit in another coin.
|
|
|
|
|
Naughty Princess
|
|
July 03, 2019, 11:13:53 PM |
|
Don't be greedy when you taking profit, 300% profit in 3 months is amazing. Your brother's decision to sell his bitcoin was right before the market turning into bearish then he can buy more bitcoin when its hit $4000 again.
Don't be regret what you did before, lucky you not lost your money on the market, lets find another chance to get profit in another coin.
That is much profit and not anyone can get that opportunity but do not be greedy to have so much because that may get you keep losing. You have good time when used to invest. |
|
|
|
jakelyson
Legendary
Offline
Activity: 2184
Merit: 1069
|
|
July 03, 2019, 11:36:21 PM |
|
my brother had cash out already and I am not surprise that he trippled his money investment. Good for.him but I think it must be hold still if I were on his side. The only problem is that I am not control of his money
This is the kind of thinking that makes you lose money instead of getting profits. Greed is not good. There should be a target profit and if you reached it, take the profit out just like what your brother did. and seeing him profited in bitcoin makes me regret why I am.not investing and risking money during the bear market.
This just proves that your brother is a good risk taker and he profited greatly from it. That kind of investment strategy is not for everyone. If you are a safe investor, just stick to your investment plans. You should not be jealous of your brother's success and make your own. |
|
|
|
|
beatzcoin123
Jr. Member
Offline
Activity: 184
Merit: 2
|
|
July 04, 2019, 01:56:54 AM |
|
I invested in btc during the bear market and am still holding, will continue holding till bitcoin hits 20000usd again, i think the only way to get the crypto space in a standard form is when we begin to see it as a long term investment platform and not a get rich quick syndrome.
|
|
|
|
|
|
Fundamentals Of
|
|
July 04, 2019, 02:02:46 AM |
|
I invested in btc during the bear market and am still holding, will continue holding till bitcoin hits 20000usd again, i think the only way to get the crypto space in a standard form is when we begin to see it as a long term investment platform and not a get rich quick syndrome.
This is one option. Actually, long term holding is the safest to a certain extent. And it does not at all need any reliable signal and skillful technical analysis. But it actually requires a lot of patience. Hodling will really bring you to a ride of which you will definitely be dizzy. It brought me fears. I didn't sell when Bitcoin almost touched $20,000 in 2017. How could you not fear when it dipped down around $3,000 in the proceeding months? There was an inevitable yet little panic in me. |
|
|
|
|
Aldrinx00
Member
Offline
Activity: 882
Merit: 13
|
|
July 04, 2019, 02:55:06 AM |
|
I think it's a better choice for him to cash out because he already trippled his money and his happy about his profits, if he will be greedy to hold then bitcoin price goes down again he might panic then sell at a lower price with a lower profit.
|
|
|
|
|
misterj
|
|
July 04, 2019, 04:05:26 AM |
|
My brother had invested in bitcoin where market price has down to 3K usd. Seeing the current market and the needs arisea, my brother had cash out already and I am not surprise that he trippled his money investment. Good for.him but I think it must be hold still if I were on his side. The only problem is that I am not control of his money and seeing him profited in bitcoin makes me regret why I am.not investing and risking money during the bear market.
Who among you here does not hold btc anymore and afraid of investing to bitcoin? Did you regret of not investing on bitcoin too?
You should not be frustrated and just follow his steps. Investing in cryptocurrencies during bear seasons is the best move that I can think of when talking about financial profits. Nonetheless, I am not an official financial advisor and what I am saying is just my opinion. Lastly, bitcoin can give you up to 700 percent profit if you can get the timing when to invest and when to cash out. |
|
|
|
|
Russlenat
|
|
July 04, 2019, 05:13:41 AM |
|
Your brother made the right decision, the amount is already tripled, that's a good return already in just a short period of time.
I understand that you have your own decision, holding further is still good and it's really up to you but you should also understand that no guarantee the price will continue to rise or there's no dump in the long run, so once you are holding it, you are still talking the risk.
For me, once you profit, that's already good, regardless of the amount.
|
|
|
|
jabrix
Member
Offline
Activity: 397
Merit: 10
|
|
July 04, 2019, 07:46:01 AM |
|
It's your brother's investment so he has the rights to decide on what to do. Whether he would cash it our or not. Since he already risked by investing and saw that it tripled, maybe its already enough for him.
If you also want to invest and gain, better ask your brother for some advice. Bet he's the one who can really help you.
It depends on the investor whether to withdraw it to cash or it will remain as crypto money traded on the market to get a bigger profit. If you follow the pattern the trader must make a withdrawal in advance to secure the profits that have been obtained. But if you apply the mindset as a big profit investor, you will certainly add more capital as long as the bullish market continues. |
|
|
|
|
Dapper
|
|
July 04, 2019, 07:51:32 AM |
|
There's always hold AND trade as well. You don't need to sell everything. If you believe it will keep going up... put away .X, X, XX, or XXX or more coins that you never touch. Trade with just whatever number you are comfortable with.
|
sent from my X6
|
|
|
|
dmty.0809
|
|
July 04, 2019, 08:14:24 AM |
|
Investing sometimes profits and losses, all depends on our efforts. I don't hold a lot of bitcoin, because in the case of 2018 I was hit with a lot of altcoin tricks which until now the price was not the same as it used to be a dime coin. I regret why I didn't just collect bitcoin instead of buying altcoin which doesn't mean anything until now.
|
|
|
|
|
|
