Topic: Lose all your capital fast, with MatTheCat and his TA 101A! - page 17. (Read 85774 times)

Why would I lie about it?  Everybody knows I was saying it appeared someone on Finex was naked shorting with huge amounts of money.  I wasn't going to keep my funds on an exchange with Gox-like activity.  There's dozens of people who can back up my statement from trading channels.  I was telling everyone to withdraw funds from there.  Ask the Expanse dev (not Franko, the other one).  He's one of the people I told that to but he didn't withdraw funds and got goxed.

Dont waste your time with this bullshit guys.


Remmeber the number one rule is dont lose money?  In other words only only pull the trigger when you are really sure of it.  Make sure you have waited as long as possible  and if there is an excuse not to make  a trade then take the excuse.


It is better to avoid losses and do nothing than to make good trades and then bad ones that cancel the good ones and more.

Remember guys the best action in this game, 99% of the time is "DO NOTHING.'


The market will always be open.  


At the end of the day, there are other ways to make money in this life.  Spend most of your time on those ways not on trading.  Ocassionally there will be an opportunity in trading, when its there take it.  However you know the game, how in matt's words  "your ass can be handed to you. "  .  Just think about that before you make 1 single deposit with any broker whether you want that to happen.  Remember there are many legendary traders who made millions only to lose it all and die pennyless.


I.E.:  Making a profit however big is no good if the road you are travelling on leads eventually to total loss of all your money.  Make sure you are not on that road!!!


On the one hand its very difficult to make money but even more difficult in this game is keeping it.

Bullshit!

U were trading big style on Finex. U got plundered big style, just like everyone else did.

Welcome to the unregulated world of crypto!

Unklez is a terrorist from Turkey. I withdrew from Finex 3 weeks or so before it goxed because it appeared to me someone was naked shorting there and I knew they had to be insolvent due to it.

This sums up r0ach. He will never play any  kind of victim on the internet because with his experience he knows he'll only get the stick for it.

Trust me when I say this guy lost a lot of coins in the Bitfinex matter but he won't admit it

I have treated all exchanges as ponzi scams since I understood the problem of centralization in exchanges. Since then I have never had any relevant amount of BTC there so I have never experienced such a disaster. One day we will have decentralized exchanges and this will not happen.
In any case, Bitcoin will continue growing and getting stronger. Sorry for your loss.

You missed the r0ach prophecy:



But Mat would never do such a thing like trading Bitcoin or putting money on Bitfinex due to his past statements:

Lots of people got goxed by bitfinex, Roach. Fuck you for blaming Mat. As a matter of fact, I'd like to see bitcoin crash and burn - I'd gladly lose my profit bitcoin value knowing assholes like you would take a bath.

Mister roach, are you by any chance familiar with r/K?

I think you might be a democrat.  Far leftists are always focused on playing the underdog or victim, and according to your sig, you have been both robbed and victimized.  When you see a picture of Obama, does it conjure inspirations of voting for you?

No chance of that.

a) I no longer have the funds to make it worthwhile (I am still 50/50 whether I am going to get anything out of Bitfinex, anytime soon)
b) Even if I did, I would be insane to entrust any significant amount of funds to any Bitcoin exchange, period.

and

c) my decision making is fucking atrocious.


People who have difficulty and/or confidence in making decisions, have no business trading. Trading is the ultimate decision making game.


And the amount of times that I have agonised over the fact that I had my limit orders set on BFX, in order to get my BTC off and turned into GBP, only  to have discovered that I had left my mobile phone at my mothers, and when I called my mother for 2FA code, she wasn't in, etc etc.... I am the type of person that reads a lot of meaning into these things.....I had exactly the right idea in my head, i.e. "Get everything off BTC exchanges!", yet a cruel conspiracy of coincidences, sees that despite *knowing* to get the fuck off the motorway, I am still standing around in the middle of it, staring gormlessly at the speeding tanker heading right towards me.

This sounds all too familiar with my experiences trading. Often have the right ideas, but just have a knack of making the wrong decisions time and time again.


Failing a personality/karma transplant, I got to get the fuck away from this shit otherwise I will get my ass handed to me (already have).

After having been the only person on earth to be goxed by both Kraken and Finex in the same week, I'm confident Mat will be back for round two of casino gulag Finex when it reopens.

My main BTC are offline and hopefully beyond reach.
I use fiat derivatives (IG) to speculate on the price.

No margin, and no volume.

If you need to trade USD, why wouldn't you just trade on coinbase or gemini?

Stef didn't come up with it (although his gene wars series is excellent for people who dislike books). And I don't think that word means what you think it means.

lol.

Ibian, the 'K-strategist', who has been pissing all his wealth into the blackhole that will soon be known as Bitcoin, the first ever but now sadly defunct, cryptocurrency.


P.S. Don't pay too much attention to the 'philosophy' of Stefan Molyneux....the guy is a raging hell-bent narcissist.

This is called projection, ladies and germs. The r-psychology is unable to accept its own defects, and so project them onto their opponents.

Great stuff!!!

Keep it up!