Topic: Let us take a moment to laugh at the BTC day traders. - page 3. (Read 8594 times)

Vulgarity is fucking nice once in a while.

I don't get the point of this thread. And others like it. The market needs traders, it also needs holders, and it needs people who fail at trying to make a profit. It's not either or, it wouldn't work without all the components.

Calling us "low intelligence" and "fools" was vulgar, no? Perhaps just ridiculous...

Are you illiterate?
I never stated his comments bothered me,
they made me lol, they certainly didn't bother me.

I ignored him as he resorted to vulgarity,
vulgarity is the refuge of the poorly educated.
I have no desire to waste my time reading such dribble.

Let's ridicule me for a moment.
I had 10 bitcoins I sold for $9200 when they were at $920 each.
Bitcoin dropped to $650 and I bought 14 bitcoins back and had some spare change.
Now those bitcoins are back up to $850 each, netting me approx. $11,900 - That's $2700 profit, correct? If it goes back up to $950, which it was at recently, that would mean a $4100 profit, right?

Poor lil' 'ol me. I'm such a fool.

The BTC game

How you play:  You're given 100 BTC and that's all you will ever be given

The goal: Have the most BTC possible at the end of a year

GO!

Some people would to invest in a "buy and hold" strategy.  Some would to buy and sell on trends trying to
increase their holdings.  Some would do this daily.  Some would do this daily with 4 to 1 leverage.  Some would do a little of everything.

We're all kind of playing this game now.  I'm glad to have a chance to play this game and glad to have options.  To me, the optimal strategy,
would to have all these abilities and be able to implement the right one at the right time.  I don't understand why someone would insult
someone else's strategy.  Instead I'd prefer to watch, listen and maybe even learn about it if I saw it was working for them.  

My girlfriend and I play Roulette at the casino and we write down the numbers and look at the patterns, always trying to find some trend.  Sometimes
we do and sometimes we don't.  It's fun and we know its just random.  But with bitcoin, it's not random.   There might be trends that you can pick up
on.  Real world events can have an affect on the price (maybe) and you can take advantage of that.  When China announced the ban on bitcoins for
Chinese companies, bitcoin prices dropped significantly soon after.  Was this causation or coincidence?  I think knowing the answer to that you can
definitely have an advantage.  It's interesting enough and definitely lucrative enough to investigate no?

Cheers!

What a little crybaby you are. Making an absolutely useless thread full of drivel on the speculation forums that attacks a segment of speculators for no good reason and then having the audacity to whine about being insulted without base.

I could never be in the position I am without day trading. Not even close. Granted, day trading alt coins has been most profitable for me, but BTC/USD has been good to me as well. I'm sure I have gotten some great luck, too.

This is as someone who entered the market in April with almost nothing to put in -- paycheck to paycheck stylee. If I bought and held back then, I'd have >28x less value in my portfolio.

(Though I was around in 2012 for poker, but did not speculate, and never opted to hold more BTC than my bankroll required -- too fucking bad!)

Thanks, Ron Paul. My bills are payable in USD, thank you.

I wonder if marathon runners are that hostile.

lmao... didn't you start this thread with the intent of mocking day traders? That's not insulting?

Come on, if you're willing to dish it out you've got to be prepared to handle the blow back.

Calm down, You have been ignored and reported.
Please attempt to expand your vocabulary beyond insults.
Try to articulate your ideas/criticisms as opposed to making insults not based off of reality.

No because, early adopters who bought at sub $50 want to sit on their fkn arses and become millionaires on the back of a vast swathe of clueless masses who pour their money into Bitcoin at any price (as the Bitcoin nutters always advise). They therefore despise us Johnny come lately 'traders', who buy in at $1100, but look at charts and decide the wind has changed direction, then sell at loss in order to buy back in at much much lower prices.

@ 7priest7

Now that we have had another correction, and now that bounce has fallen clearly short of $980 target which would be required to make it 'not just a bounce', are you still laughing at us 'daytraders'.

And by the way, if you want to get all moral high horse, I was amongst the relative few actually using Bitcoin for real world economic transactions back in the day, providing Bitcoin with the spine that it needed so that fat idiotic parasite luckers like you, could by sheer coincidence make that small investment that has turned into a small fortune, without you having to lift a damn finger (or use a damn braincell)

I mean... I'll just take my 1,000% return over the same time that buy and hold has only returned a whopping -10% and sit over somewhere else. You go ahead and enjoy your thread.

Edit: for full disclosure there was a point where I was -25% and also one where I was +1,500%, so Im not pretending to have timed every trade perfectly.

Unlike passive investors, volatility in both directions is my favorite thing.

It probably has to do with all the posts calling buy-and-holders idiots while regaling us with tales of their perfect 20-20 hindsight...

I buy and hold and I advise clueless noobs to do the same.  But hey, if someone can make good money daytrading the swings, more power to you.  I would never make a thread just to troll people like that.  Good for them.

Your posts gave me cancer, I'm donating -5BTC.

I am a buy-and-hold guy.  At least with Bitcoin.  I don't have the knowledge or experience to day-trade, and probably don't have the nerves for it either.  And I have a day job.  But I don't have any problem with day traders in general.

I do have problems with the day traders who like to post as though they are THE experts in timing the Bitcoin market, and then gloat when they make a successful day.

Of course, I also have problems with people who make threads like this one.

You "investors" laughing at us day-traders is like a marathon runner laughing at a sprinter or a Motor-rally driver laughing at a F1 driver.