Post
Topic
Board Speculation
Re: rpietila Wall Observer - the Quality TA Thread ;)
by
BitChick
on 15/01/2015, 00:23:16 UTC
As it hits 140 tomorrow I will remember to think of the shameless shill that only you could come up with Shocked

Professional way to invest
- Adjust positions to have portfolio that performs in all scenarios
- Lay back and watch (haven't done a BTC trade in almost a year)
- Adjust when major things happen

Headless chicken way
- Haphazard portfolio allocation based on no analysis nor plan
- Wishing that something would go up instead of accepting whatever comes
- Selling at capitulation, buying at mania.

What harm am I doing and to which group?   Cheesy

Thank you Risto for giving us a plan and helping some of us way to emotional buyers/sellers be prepared for days like this.  Honestly it has saved me so much worry and heartache in the long run.  Sure you may have called the lows a little early but you are right in that if we have a long term plan it doesn't really matter.