Author

Topic: Weak Hands Continue To Get Shaken Out LoLzzzz (Read 2721 times)

legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
lol and we are GRINDING still...

weak hands please sell. Get it over with.  Tongue
hero member
Activity: 898
Merit: 1000
When the 'weak hands' sell they often buy back at a cheaper rate with more coins.

This is most definitely true. Perhaps not for all of them but this 'weak hand' does it often.

Until they get caught in a bear trap... Then they are empty hands.

I know a few people who were selling and buying back cheaper, and managed to make gains for a while. They were doing okay at first, but they got caught off guard when price made a major rally, and ended up buying back in at a loss. Now those guys are currently holding less coins than if they had just held...

Basically I think trading is great if you really know what you are doing and can completely detach yourself from your emotions. But I don't know anyone who can actually do this, so I tend to advise my friends to buy and hold...

There is so much inexperience prevalent in trading bitcoins that it is hard to make a mistake that cannot be corrected in the near term. I've made plenty and all were easily mitigated with fairly mindless corrective trades. Bitcoin is one of the few remaining forgiving markets.

That's great that you've managed to correct your mistakes when trading. I'm not saying it can't be done, just that I think the average person will lose out trying to day trade (at least, most people I know). I don't really trade much because 1) I don't have any trading experience and I'm not confident that I'd make consistent gains and 2) I can't be bothered. I still enjoy following the speculation sub-forum though.
pwi
member
Activity: 118
Merit: 10
When the 'weak hands' sell they often buy back at a cheaper rate with more coins.

This is most definitely true. Perhaps not for all of them but this 'weak hand' does it often.

Until they get caught in a bear trap... Then they are empty hands.

I know a few people who were selling and buying back cheaper, and managed to make gains for a while. They were doing okay at first, but they got caught off guard when price made a major rally, and ended up buying back in at a loss. Now those guys are currently holding less coins than if they had just held...

Basically I think trading is great if you really know what you are doing and can completely detach yourself from your emotions. But I don't know anyone who can actually do this, so I tend to advise my friends to buy and hold...

There is so much inexperience prevalent in trading bitcoins that it is hard to make a mistake that cannot be corrected in the near term. I've made plenty and all were easily mitigated with fairly mindless corrective trades. Bitcoin is one of the few remaining forgiving markets.
pwi
member
Activity: 118
Merit: 10
When the 'weak hands' sell they often buy back at a cheaper rate with more coins.

This is most definitely true. Perhaps not for all of them but this 'weak hand' does it often.

Until they get caught in a bear trap... Then they are empty hands.

If you are not a bear, the 'trap' is irrelevant. Some make a lot of 'weak' plays by high volume standards. Just know that those setting the 'bear traps' are often accounted for by smaller and smarter game. The small guys don't have the power of the bluff, but information is king.
sr. member
Activity: 252
Merit: 250
When the 'weak hands' sell they often buy back at a cheaper rate with more coins.

This is most definitely true. Perhaps not for all of them but this 'weak hand' does it often.

Until they get caught in a bear trap... Then they are empty hands.

This makes no sense...you either hold coins or fiat.  Empty?   Huh  What am I missing here?

Fiat = empty promises?

 Grin  I guess so.   Huh
full member
Activity: 238
Merit: 100
RMBTB.com: The secure BTC:CNY exchange. 0% fee!
When the 'weak hands' sell they often buy back at a cheaper rate with more coins.

This is most definitely true. Perhaps not for all of them but this 'weak hand' does it often.

Until they get caught in a bear trap... Then they are empty hands.

This makes no sense...you either hold coins or fiat.  Empty?   Huh  What am I missing here?

Fiat = empty promises?
sr. member
Activity: 252
Merit: 250
When the 'weak hands' sell they often buy back at a cheaper rate with more coins.

This is most definitely true. Perhaps not for all of them but this 'weak hand' does it often.

Until they get caught in a bear trap... Then they are empty hands.

This makes no sense...you either hold coins or fiat.  Empty?   Huh  What am I missing here?
hero member
Activity: 898
Merit: 1000
When the 'weak hands' sell they often buy back at a cheaper rate with more coins.

This is most definitely true. Perhaps not for all of them but this 'weak hand' does it often.

Until they get caught in a bear trap... Then they are empty hands.

I know a few people who were selling and buying back cheaper, and managed to make gains for a while. They were doing okay at first, but they got caught off guard when price made a major rally, and ended up buying back in at a loss. Now those guys are currently holding less coins than if they had just held...

Basically I think trading is great if you really know what you are doing and can completely detach yourself from your emotions. But I don't know anyone who can actually do this, so I tend to advise my friends to buy and hold...
legendary
Activity: 1904
Merit: 1002
When the 'weak hands' sell they often buy back at a cheaper rate with more coins.

This is most definitely true. Perhaps not for all of them but this 'weak hand' does it often.

Until they get caught in a bear trap... Then they are empty hands.
sr. member
Activity: 252
Merit: 250
When the 'weak hands' sell they often buy back at a cheaper rate with more coins.

This is most definitely true. Perhaps not for all of them but this 'weak hand' does it often.

+1 

Bingo!  We have a winner.   Wink
legendary
Activity: 2097
Merit: 1071
When the 'weak hands' sell they often buy back at a cheaper rate with more coins.

This is most definitely true. Perhaps not for all of them but this 'weak hand' does it often.
hero member
Activity: 898
Merit: 1000
Maybe not all of them are weak, some may just cash out some percentage of their Btc wealth.
It's good if it's distributed a bit more evenly ^^

Nah they're all weak LOL  Wink
sr. member
Activity: 364
Merit: 250
Maybe not all of them are weak, some may just cash out some percentage of their Btc wealth.
It's good if it's distributed a bit more evenly ^^
sr. member
Activity: 434
Merit: 250


up Up UP
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
 Cheesy

Hang on guys! The weak hands are going to let go...weeeeeeeeee
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