Quote from: cyclotronmajesty on September 01, 2015, 03:56:52 AM

Quote from: JayJuanGee on September 01, 2015, 03:18:10 AM

You seem much too sensitive, if you are understanding my prior response posts to be a name calling rants.

In my earlier posts, I seem to be for the large part responding substantively to various points that you were making, and characterizing them as inadequate in a variety of respects, and to agree with you that your thinking seems to be much too simplistic if you believe that the main factors in determining direction of a market is its most recent price direction (even though sometimes you are going to be correct when you guess in that regard nonetheless, that analysis seems to miss a lot of nuances and a variety of factors that I referred to in my previous responses to you).

Too sensitive? Too emotional, too poor, too impatient, too ignorant. Yea who isn't?

It seems that we are repeating ourselves here a lot.... Yes, there is NO need to become so emotional regarding your bitcoin investment(s), and if you are very emotional, then that likely means that you are overly invested and have failed and/or refused to adequately consider your strategy (whether it fails or NOT). Failure should NOT be an indication that it is time to become emotional, but instead maybe a time to reconsider your approach.

Quote from: cyclotronmajesty on September 01, 2015, 03:56:52 AM

I'm saying the investment I made is a bad one. .
I'm saying it from my perspective. If it's good for you. Then good.
Obviously you're doing something i'm not. I'm just spending my money in time the way I see best.

Whatever I am doing is just mental, rather than getting all worked up about it and in order to say that the whole thing is bad. Surely, actual investments are personal, but you are communicating on a public forum, and the extent to which you are all over the place in your logic is likely confusing for readers (to the extent that you may be genuine rather than merely trolling).

Quote from: cyclotronmajesty on September 01, 2015, 03:56:52 AM

I wasn't even talking about whether the price goes up as a measure of good investment. While that was my first criterion, it's now changed.
My sole measure now is if I am making money, or at least breaking even.
So if I'm not. It's not a good investment.
FOR ME. For bitcoin and litecoin? I'm sure they're THRILLED i'm loosing money. It just means more for them.

The market as a whole is comprised of a whole lot of individuals, and you are correct to some extent that those who make money appreciate new investors because sometimes the irrational behavior of new investors, attempting to trade, makes it a bit easier for the more experienced investors (traders) to make money. I personally engage in very little trading because I find it so difficult to figure out the direction of the market... accordingly, my investment strategy has continued to be to merely buy and hold and continue to buy and hold and to hope in the long run, maybe several years, I will be sufficiently in the black in order to cash out all or part...or at least to be able to make withdrawals on an ongoing basis, so long as the asset continues to hold value.

Quote from: cyclotronmajesty on September 01, 2015, 03:56:52 AM

Frankly I got into this not really knowing WTF I was doing. I'm just trying to go forward making mistakes, while I try to correct for them.
At first I didn't even know about longs and shorts. I traded at ANX.
I didn't know you could make money when the price is going down.
After I lost 65% on just buying litecoin with my money. (right before coming a inch of breaking even)
I figured I could try using leverage. So I made some money and then the price went down again.
Then I tried shorting. Made some then the price went up.
It's just splitting me apart. So i'm willing to pay for that, and accept the consequences.
If me and crypto are incompatible, I can accept that. I've learned a few things about trading in the mean time. I could have wasted the money on a DJ system or something. Probably wouldn't have learned anything.

There is NOTHING wrong with NOT knowing much of anything, so long as we attempt to learn lessons from our mistakes. For example, let's say that you had $1000 that you could invest; however, if you recognize that you did NOT really know much of anything about bitcoin or trading etc etc, then you probably should have allocated less than $100 towards learning.. that way you would NOT have become overly invested or desperate when your trades were NOT going as you had planned.. and then you seemed to have been putting all your eggs in the basket and hoping for good luck... sometimes that good luck may happen, but if it does NOT happen, then you are left considering your backup plan and whether you learned anything from the situation or if you are merely going to employ, again, the same strategy because you are either desperate or greedy.... In other words, if you are acknowledging your lack of experience and lack of knowledge, then you should NOT be investing very much during your learning process... because learning should NOT have to cost so much as long as you are reflective upon your actions and really attempting to learn from your experiences...