Topic: BECOME A MILLIONAIRE OPEN PROJECT: Turn 100$ into a true life. (0/100 COMPLETED) - page 5. (Read 20084 times)

Work hard and be a student of money and finance.
There is no magical formula that will provide a better life and wage.
The money you make is a reflection of a million parts and choices you make over an extended period of time.

Of the thousands of investment choices I have made, no single choice has exclusively been responsible for success.
No single action.
No single moment.

It's a fuckin' grind no matter what you choose to do.

Work hard and be a student of money and finance.
There is no magical formula that will provide a better life and wage.
The money you make is a reflection of a million parts and choices you make over an extended period of time.

Of the thousands of investment choices I have made, no single choice has exclusively been responsible for success.
No single action.
No single moment.

It's a fuckin' grind no matter what you choose to do.

Just for the record, Sapience has almost gone 3x price since I mentioned it's pump here 4 days ago. Turns out I threw you a great tip and in return you called me a fly. I don't know where the top is, but it's THE coin to play this last week, approaching 6x growth.
Btw, how's folding?
Chimp.

C'mon fly give us some advises BEFORE the pump appears. It's too easy to say "you should have taken X coin, look how it rises". I also looked at Sapienceshit, but I finally choose FLDC cause I have my reasons. Who cares if I have to wait a month or two for the pump?

I would like you to stop ejecting shit from your mouth. I'm not better than anyone, I just say what I think and share it. But seems that you are obsessed with "being better" than people. I reccomend you a self-help book and start clearing this concept of your mind.

If you have something interesting to say, tell it and I will listen. If your objective is to destruct, drown with your own poisson.  

Pissant, I tried to give you friendly advice early on but you are insistant that you know best even though you have no experience. The fact you chose folding coin over all other coins says all we need to know about your chances of becoming a millionaire through alts.
So, pissant, the way I knew sapience was on the rise was watching Bittrex. You watched folding coin go up then come down, and then bought. My last bit of advice, which you should find very interesting unless you are a total moron, is buy on the way up not the way down. The shittier the coin is the more that advice applies.
I'm out of this thread, but I will be watching your "progress" for entertainment value.

C'mon fly give us some advises BEFORE the pump appears. It's too easy to say "you should have taken X coin, look how it rises". I also looked at Sapienceshit, but I finally choose FLDC cause I have my reasons. Who cares if I have to wait a month or two for the pump?

I would like you to stop ejecting shit from your mouth. I'm not better than anyone, I just say what I think and share it. But seems that you are obsessed with "being better" than people. I reccomend you a self-help book and start clearing this concept of your mind.

If you have something interesting to say, tell it and I will listen. If your objective is to destruct, drown with your own poisson.  

No one knows for sure if Btc is going to fade into nothingness or if this is yet another cycle. Same with all other alts. This assumption that the pattern repeats itself works with lots of things like oil, gold, fiat, corn, pork bellies etc but with vaporware it could all come to an abrupt halt, with the 99%+ of the pop saying "I knew it, just a ponzie scheme."
Now, if the op wasn't a dbag know it all, I would have advised him to check out Sapience a couple days ago. Even though I think the name is stupid and I don't like the looks of the fat dude on the ann page, a pump was looking pretty obvious. Instead I'll watch him fumble around with shit like foldingcoin.

No one knows for sure if Btc is going to fade into nothingness or if this is yet another cycle. Same with all other alts. This assumption that the pattern repeats itself works with lots of things like oil, gold, fiat, corn, pork bellies etc but with vaporware it could all come to an abrupt halt, with the 99%+ of the pop saying "I knew it, just a ponzie scheme."
Now, if the op wasn't a dbag know it all, I would have advised him to check out Sapience a couple days ago. Even though I think the name is stupid and I don't like the looks of the fat dude on the ann page, a pump was looking pretty obvious. Instead I'll watch him fumble around with shit like foldingcoin.

This. Pretty much. 1-4 is the accumulation cycle by smart money, 5-8 is the distribution cycle to future weak hands. This cycle repeats over and over again. Wake up to this, trade on the right side of the market and you will make money. It is difficult to do, because it goes against human nature and requires discipline. However, trading syndicates and other investment professionals (whose actions are not governed by emotion) do it every single day in hundreds of markets.

That said, this probably only applies to Bitcoin and maybe a few of the other alts with significant trading volume. I've seems dozens of them fade into nothingness and would recommend staying away from most of them.

Fly I'm gonna tell you a big secret that you won't find in any book, any newspaper nor any trading "expert" will tell you.

Look, EVERY speculative market in normal conditions (no external factors like Central Banks direct injections) follows the same pattern in the long term:

1. INDIFFERENCE ("This thing doesn't move, impossible to make money with it")

2. LOW INTEREST ("Well, it has moved a little, sure will fall again)

3. INTEREST ("It's rising consistenly, seems a good buying opportunity")

4. POPULARITY ("The thing start appearing on the news, experts start reccomending to buy it")

5. CRAZE ("Everybody makes money from it, it's expected to rise infinitely. "Experts" remain silent")

6. DISAPPOINTMENT ("It's not rising as expected, instead is falling a little bit. "Experts" reccomend to hold and to wait for a new money that will never come")

7. FEAR ("This thing is crashing! What the hell is happening! "Experts" reccomend to sell, cause it will go lower")

8. FREE FALL OR CONTINUED FALL ("It was a bubble! Look it's going lower and lower! What a scam! "Experts" justify it as a fraudulent scheme and clean their hands)

... And the cycle starts again.

This pattern appears in any speculative thing, but in cryptos the "long term" concept is not so long. As you can see, the only ones who make money consistenly are those who enter at points 1,2,3. When nobody trust in this shit. At these points exist the possiblity to lose all the investiment cause the chiken dies, but as profits are always greater than 100%, those investors are the winners in the long term.

Now, tell me, at which point are we right now in BTC and altcoins in general?

Fly I'm gonna tell you a big secret that you won't find in any book, any newspaper nor any trading "expert" will tell you.

Look, EVERY speculative market in normal conditions (no external factors like Central Banks direct injections) follows the same pattern in the long term:

1. INDIFFERENCE ("This thing doesn't move, impossible to make money with it")

2. LOW INTEREST ("Well, it has moved a little, sure will fall again)

3. INTEREST ("It's rising consistenly, seems a good buying opportunity")

4. POPULARITY ("The thing start appearing on the news, experts start reccomending to buy it")

5. CRAZE ("Everybody makes money from it, it's expected to rise infinitely. "Experts" remain silent")

6. DISAPPOINTMENT ("It's not rising as expected, instead is falling a little bit. "Experts" reccomend to hold and to wait for a new money that will never come")

7. FEAR ("This thing is crashing! What the hell is happening! "Experts" reccomend to sell, cause it will go lower")

8. FREE FALL OR CONTINUED FALL ("It was a bubble! Look it's going lower and lower! What a scam! "Experts" justify it as a fraudulent scheme and clean their hands)

... And the cycle starts again.

This pattern appears in any speculative thing, but in cryptos the "long term" concept is not so long. As you can see, the only ones who make money consistenly are those who enter at points 1,2,3. When nobody trust in this shit. At these points exist the possiblity to lose all the investiment cause the chiken dies, but as profits are always greater than 100%, those investors are the winners in the long term.

Now, tell me, at which point are we right now in BTC and altcoins in general?

 

Fly I'm gonna tell you a big secret that you won't find in any book, any newspaper nor any trading "expert" will tell you.

Look, EVERY speculative market in normal conditions (no external factors like Central Banks direct injections) follows the same pattern in the long term:

1. INDIFFERENCE ("This thing doesn't move, impossible to make money with it")

2. LOW INTEREST ("Well, it has moved a little, sure will fall again)

3. INTEREST ("It's rising consistenly, seems a good buying opportunity")

4. POPULARITY ("The thing start appearing on the news, experts start reccomending to buy it")

5. CRAZE ("Everybody makes money from it, it's expected to rise infinitely. "Experts" remain silent")

6. DISAPPOINTMENT ("It's not rising as expected, instead is falling a little bit. "Experts" reccomend to hold and to wait for a new money that will never come")

7. FEAR ("This thing is crashing! What the hell is happening! "Experts" reccomend to sell, cause it will go lower")

8. FREE FALL OR CONTINUED FALL ("It was a bubble! Look it's going lower and lower! What a scam! "Experts" justify it as a fraudulent scheme and clean their hands)

... And the cycle starts again.

This pattern appears in any speculative thing, but in cryptos the "long term" concept is not so long. As you can see, the only ones who make money consistenly are those who enter at points 1,2,3. When nobody trust in this shit. At these points exist the possiblity to lose all the investiment cause the chiken dies, but as profits are always greater than 100%, those investors are the winners in the long term.

Now, tell me, at which point are we right now in BTC and altcoins in general?