Topic: My position - page 2. (Read 3150 times)
There is one more reason not to sell - by the way, this forum is Russian, they write to me in Russian forum "write simple sentences, you Americans do not understand"
A lot of traders think they can beat the market, even though very few will be able to do so over the long term. Staying long will be the best strategy for the vast majority.
I don't know - so far I don't regret that I sold when it was at $15. Before that I was mostly losing on my moves - but this single one spared me a lot.That kind of illustrates the problem... That of random reinforcement. Without a system that a.) works, and b.) moderates emotional decision making, you are bound to fall into a money loosing trap eventually. There are lots of amazing stories about the 'one good trade' but this is not the basis of a winning strategy.
A lot of traders think they can beat the market, even though very few will be able to do so over the long term. Staying long will be the best strategy for the vast majority.
+1
because I believe the BTC has great potential & hence upside so I'm long term long, the one time I tried a speculative short was when there were heavy predictions of a fall due to the holiday season in late 2011 - that didn't exactly end well, but luckily I took a hit & had gone back to full on long after Thanksgiving so caught the Giftmas & New Year's booms which more than covered that loss & then some, my main concern about not being full time long & steadily adding to my position when able would be missing the, as I see it, inevitable leap up when some main stream adaption finally gets announced - I've no idea of when it may happen but I'm happy to risk a lot that it will be some day & it will probably be at the moment many think it's best to be waiting on the sidelines in $ or shorting even with leverage, I wouldn't be surprised to see a tripling of the price at some stage over a fairly short time frame & bar the obvious short term profit taking/speculating that would cause, then for it to become a salutary new price floor with much higher growth expectations, I'd rather that it took a while too as I'd like to add to my position beforehand as much as I feel comfortable risking when the flip side = 0
A lot of traders think they can beat the market, even though very few will be able to do so over the long term. Staying long will be the best strategy for the vast majority.
I don't know - so far I don't regret that I sold when it was at $15. Before that I was mostly losing on my moves - but this single one spared me a lot. 
when i saw the drop the other day, i was depressed....
but now I'm confident bitcoin will go above and beyond 7$ because
1- its worth more then that (the market just doesn't know that yet)
2- all you bears are going to have to buy back when the game changes
3- This is Bitcoin, expect the unexpected
but now I'm confident bitcoin will go above and beyond 7$ because
1- its worth more then that (the market just doesn't know that yet)
2- all you bears are going to have to buy back when the game changes
3- This is Bitcoin, expect the unexpected
I'm mostly a short term trader. Long term, I'm still a bull, but right now there's hardly any evidence that we're back on rally track.
only a short trader - you are very, very risk ...
I'm mostly a short term trader. Long term, I'm still a bull, but right now there's hardly any evidence that we're back on rally track.
I personally do not intend to sell more. Why? Because the growth can earn more than the reduction ... Who feels the same way, or vice versa, and why? ..
My entirely unscietific Elliot Wave analysis tells me we are half way through the correction. During this time I prefer to keep USD, just like I did in the Autumn - but on a shorter timescale.
+1. I keep seelling every time price goes above 5.4.
I personally do not intend to sell more. Why? Because the growth can earn more than the reduction ... Who feels the same way, or vice versa, and why? ..
My entirely unscietific Elliot Wave analysis tells me we are half way through the correction. During this time I prefer to keep USD, just like I did in the Autumn - but on a shorter timescale.
I personally do not intend to sell more. Why? Because the growth can earn more than the reduction ... Who feels the same way, or vice versa, and why? ..
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