Re: Lose all your capital fast, with MatTheCat and his TA 101A!
Mat makes me sad.
Whilst I and others called the Bitcoin bottom incorrectly (partly because we bulls just don't care, and will suffer a little in the red just to continue to accumulate more because we know it's going to be HUGE one day), Mat called the bottom correctly at around $200/btc. He was supposedly sitting on cash at the time, but because he sees Bitcoin as nothing more than a short term scammy trading vehicle, he refused to get long at $200/btc and just ride it out. Probably just blew it all on more drugs.
Now he says that he's been calling the $800 level correctly the whole time. But still refused to get long and continue accumulating at around $200, which he'd be in a nice long position and now up 300%. Even with a 50% retrace, he'd still be way ahead of the game.
But alas, he's just been chasing it all the way up from $300 or so... just to sell at every 5% gain or loss, with more losses than gains.
Good going Mat. You will forever be a loser, never a winning investor.
Whilst I and others called the Bitcoin bottom incorrectly (partly because we bulls just don't care, and will suffer a little in the red just to continue to accumulate more because we know it's going to be HUGE one day), Mat called the bottom correctly at around $200/btc. He was supposedly sitting on cash at the time, but because he sees Bitcoin as nothing more than a short term scammy trading vehicle, he refused to get long at $200/btc and just ride it out. Probably just blew it all on more drugs.
Now he says that he's been calling the $800 level correctly the whole time. But still refused to get long and continue accumulating at around $200, which he'd be in a nice long position and now up 300%. Even with a 50% retrace, he'd still be way ahead of the game.
But alas, he's just been chasing it all the way up from $300 or so... just to sell at every 5% gain or loss, with more losses than gains.
Good going Mat. You will forever be a loser, never a winning investor.