Topic: When the tide goes out - page 2. (Read 18490 times)

this year the waves will soon be extinguished, and the sharks will begin to move again, then the pump will start soon. I say this because I see a market situation that has now started to increase, and there has been no drastic decline.

You are referring to speculative waves of interest, what really matters is if the underlying usage of coin is there or not.     If there some purpose to its continuing natural circulation and distribution for transmitting value or whatever that utility that coin gave then it'll continue.   Many alt coins are faster and cheaper to use then bitcoin so I dont see them being quite as negative as people might think

As the famous Warren Buffett once ironically observed, you only find out who is swimming naked when the tide goes out. Now that the tide is gone, it's time to check what's left and pick it up

Many trading folks, me included, like quoting him, whether spot on or completely beside the point. But the talking crowd doesn't really care about the real insights and nuggets of wisdom this man shares, other than what is right at the surface. And there's always more to his words and sayings than the majority sees. In this post I'm going to show you what it means in practice and how to make use of it

In this particular case, for example, the market crash has shown which coins are going to kick the bucket and which have good chances to survive. But these are extreme cases, while there's a lot of space in between as well as room for action and improvement. Basically, falling prices let you clearly see what assets are performing better and which are not worth your time. Bear market is kind of an eye-opener for you and reality check for your investment decisions

And this is the whole thing. Bear market allows you not only to see where your investments are going but also lets you easily unwind them by selling poorly performing coins (if we talk about cryptos) and then proceed to buy more resilient coins at half the price as the market goes downhill. That's what most people overlook in bear markets and so fail to take advantage of. In a nutshell, it is a perfect time to change sails or even the ship itself, tide or no tide

Yes, but it has absolutely nothing to do with investment

Interesting. If it's so common, why does Google turn up nothing? It endlessly crawls the internet indexing things that people actually say.

Right, so literally one post in four years.

The other posts you quoted specified an investment/trade, which is exactly the point I just made

Yes, and I wholeheartedly concur with it. So is it common or what?

Regarding its use in investing or trading contexts, now I recall that I often met this expression in the commodities section of investing.com (in the crude oil part, more specifically). But as you were trying to search it on Google, now I'm seriously doubting that it is me who is to expect future misunderstandings. Maybe, you are not as knowledgeable as you think you are, both trading and English language wise? No need to get all defensive, just in case

Kidding aside, searching the forum would suffice

As the famous Warren Buffett once ironically observed, you only find out who is swimming naked when the tide goes out. Now that the tide is gone, it's time to check what's left and pick it up

Many trading folks, me included, like quoting him, whether spot on or completely beside the point. But the talking crowd doesn't really care about the real insights and nuggets of wisdom this man shares, other than what is right at the surface. And there's always more to his words and sayings than the majority sees. In this post I'm going to show you what it means in practice and how to make use of it

In this particular case, for example, the market crash has shown which coins are going to kick the bucket and which have good chances to survive. But these are extreme cases, while there's a lot of space in between as well as room for action and improvement. Basically, falling prices let you clearly see what assets are performing better and which are not worth your time. Bear market is kind of an eye-opener for you and reality check for your investment decisions

And this is the whole thing. Bear market allows you not only to see where your investments are going but also lets you easily unwind them by selling poorly performing coins (if we talk about cryptos) and then proceed to buy more resilient coins at half the price as the market goes downhill. That's what most people overlook in bear markets and so fail to take advantage of. In a nutshell, it is a perfect time to change sails or even the ship itself, tide or no tide

So the secret is really dating them not marrying it? I have read somewhere he still  has the same amount of bitcoin since this began.

And I presumably think he has not sold any of it.

Yes, and I wholeheartedly concur with it. So is it common or what?

Regarding its use in investing or trading contexts, now I recall that I often met this expression in the commodities section of investing.com (in the crude oil part, more specifically). But as you were trying to search it on Google, now I'm seriously doubting that it is me who is to expect future misunderstandings. Maybe, you are not as knowledgeable as you think you are, both trading and English language wise? No need to get all defensive, just in case


Kidding aside, searching the forum would suffice:


As you can see, the meaning is pretty straightforward in trading and investment contexts. To me, it doesn't look like uncommon, either. Maybe, you should learn how to use the search button?

Either way, I don't marry my bitcoins, I date them

The phrase about "marrying an asset, not a liability" is literally about choosing a spouse. Maybe you could link to a source that explains the investing concept?

I couldn't find anything on Google

As i said earlier, i love BTC (and most of my tiny investment is on BTC), but ppl really need to NOT MARRY AN ASSET

I bought BTC to sell it to make money not to marry with it like you guys

Read the news, watch the charts, don't marry your investment

I don't marry my tokens, I date them

What the hell? You have that totally backwards.  Every coin sold is a coin bought.  Bears sell in bear markets, bulls buy - so the lower prices go the market is being infested with bulls.

I don't know about English (actually, there is a phrase about "marrying an asset, not a liability") but it is a well-established term or concept in trading (investing) meaning exactly what I put into it.

But nevermind, it is not me who coined it and something tells it comes from some big gun in investing, maybe even from Warren Buffett himself. Being married to an asset means you are making things too personal with it, regardless which side of the trade you are on. In other words, you jumped into a minefield with your comment, so tread carefully

And no, I can't say if you are married to Bitcoin

From a trading perspective, marrying a position means a trader has become emotionally attached to holding it, especially in the face of strong evidence that this is not the right position to be in. This particular trading error can often result in excessive losses and wasted margin because a transaction intended to be a short term trade can turn into a longer term “investment” that may never ultimately show a profit. Successful traders generally avoid getting emotionally involved with holding a particular position, especially when the market is clearly telling them they are on the wrong side. Remember, humans are intended to marry their spouses, not their trading positions.

Okay, well just so you know, your expression isn't clear and isn't commonly used in English, so you should probably expect future misunderstandings. You're referring to "bagholders" and "permabulls" (people who always believe price will rise and refuse to sell at a loss). "Marrying an asset" doesn't actually specify what side you're trading (long or short) so it's not a useful expression

It looks like there's a misunderstanding

What you refer to by marrying a trade, I consider marrying an asset. It happens when an asset earned you decent profits in the past and you get glued to it (marry it) by holding it despite the fact that it now brings you only losses and it should have been disposed of long ago.

Still marrying just one asset would make a horrible life for any trader. It could be marrying one asset or marrying forecast, doesn't really matter. Any person that tries to make money enough to live from trading knows that you need to not double dip on your position and instead balance it out with the other counterpart