Ninjastic
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Board Announcements (Altcoins)
Re: [ANN] [START] StartCOIN 2.0 - The digital currency for crowdfunding
by
Nemanja
on 09/11/2016, 15:32:15 UTC
Quote from: Pffrt on November 09, 2016, 03:06:39 PM
Quote from: Nemanja on November 09, 2016, 01:46:56 PM
Quote from: CrowdWhale on November 09, 2016, 01:14:06 PM
You guys must be trading tiny amounts if you think it touching these prices matters without any volume or liquidity. In my world there's still nothing to buy below 3100-3300, just like earlier. Movements below that are random noise. It'll only take one trader deciding to buy 5 BTC to bust down that bot suppression wall.

You're going to get left in the dust and it serves you right for trading on fear:
https://twitter.com/StartJOIN/status/796331372793200640

I do respect your opinion and advice, but yes, I'm trading tiny amounts - roughly about 4-5 BTC invested in 3-4 coins.

You on the other hand, are incapable of respectful communication obviously Smiley. I don't know where the anger is coming from and the need to talk down to people. Chill mate, enjoy your riches.

If I had as many BTC as you do, I would adjust my trading accordingly.

And, would you believe if I told you that I'm waiting for the upward movement just so I can sit back and relax, without any intention to take profits tomorrow or next week. I'm only thinking about selling if it keeps going down.

Don't you see it doesn't matter how much BTC you invest? The movements of the market are the same for you as for him. Therefore, if he has a reason to be confident, this reason is valid for you as well.

I'm just saying: judge the market from a market perspective, not your personal perspective.

I see your point, but perhaps motives and goals are different between someone who can play this game with 500, 50 and 5 BTC. Obviously, everyone's goal is to increase holdings in BTC or in alts, but from time perspective and amount perspective, these goals might differ. As well as necessary market trends.

Let's say my goal is to make 1 BTC value in one month. If I can invest 5 BTC in one alt, I only need 20% upward movement. If everything I have is 5 BTC to start with, I would have to go all in on one alt and that's obviously not the smartest move. So I have to diversify, and I end up investing 1 BTC in one alt. Now, I have to see 100% upward movement to make 1 BTC. If we include 4 more alts, 100% on one of them is not needed, but it's obvious that all 5 are not going to go up, and therefore I need more than 20%. And it all has to happen in one month. Therefore, I need to cut my losses on some investments earlier, or I get caught bagholding and slowing down my progress.