Post
Topic
Board Altcoin Discussion
Re: The bottom will drop out of the alt market soon
by
TPTB_need_war
on 23/04/2016, 21:40:57 UTC
Margin long BTC at maximum leverageI am hedged because I am spending that cash on my expenses so I can have the time to do more important programming which is my best chance for having a good income again.

Haha. You don't have much confidence in my programming and marketing abilities.

As you know, maximum leverage can fail even if the prediction is correct, due to volatility, margin calls, and timing.

I'll take my 33% chance with my programming and marketing over the 5% chance of a maximum leverage position.

There are only three types of people in the world:  poor people, margin traders, and poor margin traders.

Haha. Good one. True. And I am always highly leveraged on my projects. And I've hit at least 3 homeruns already in my life. Being sick from 2006 to present (chronically since 2012), blinding of one eye end of 1999 with many months of followup surgeries, and a maelstrom of broken marriage/kids issues from 2001 forward, toppled my juggernaut applecart.

But I think I've got the Hotwheels back on the cart now...hopefully age 51 isn't too grandpa-esque...