The scornful replies to my observation indicate that you have too many bitcoins and that makes you emotional. I suggest you do what I have done and cash out a couple of $M so that you can sleep better and become less touchy
Nice try... You didn't reply to any of my good non-emotional arguments, but you try to use this cheat-argument to get the attention away from them... and this emotion card is more fit to you, because you changed your strategic and didn't buy back in at loss, what a mistake, am i right?
I select the people whom I ignore with the button, ignore by not replying, or reply with various tones.
I think you are making progress in your postings and are doing good. It didn't feel important to address your remarks, since I have already posted my investment strategy in detail in this thread, and your reply reveals that you have not read it. Of course it is not a requirement for you to read everything that I have ever posted (although I think it is time very well spent). I have no obligation to convince you that I play according to completely different rules. Upon saying that, however, I can explain:
- Most speculators hope that
something will happen, and make trades based upon that. This, in the long term, does not lead to good result due to various factors.
- I estimate the scenarios (what could
possibly happen), estimate probabilities, calculate value functions, and find whether I should realign the portfolio or not. I also decide what I do next in each of the scenarios. I do not buy or sell anything at a whim. I can hardly make a loss because I always select the choice which gives the best expected value. Even if a "negative" scenario happens, it does not change anything, because I never take risks. I spent several hours between the China $1,100 top and the start of selling, analyzing various things, such as the chart that quacks like a duck (100% per week is a parabolic top, no matter how rich you want to be.) Bitcoin can as well go to zero or million dollars. Everything is considered.
TL;DR: I don't find it interesting enough to discuss the topic at such a low level.