Quote from: MatDerKater on January 04, 2017, 06:47:19 PM

Quote from: Ibian on January 02, 2017, 10:16:21 AM

Quote from: talkingleaves on January 02, 2017, 01:56:10 AM

you're screwing yourself out of a huge opportunity over a silly grudge. to sum up what you just said in one little sentence.

He does that. He has a pathological need to be in the victim role, even at personal expense.

I have to concede, that I am giving my own psychological pathology a lot of consideration in how it is influencing my decisions, both in Bitcoin and in life in general.

I don't think I have a need to play the victim as such, but have a crushing lack of faith in my own judgement, I always believe that the fuck-up is just around the corner, and therefore I am always trying to dodge the bombshell, and always fighting with myself, which leads to some terrible decision making, not to mention some painful karma.

I have lost way more than I have made in Bitcoin, and therefore decided to learn to trade. Just as I was getting to the point where I was turning a regular overall profit, I got my Kraken account emptied whilst I was on holiday(and told to fuk off by the exchange), and then before I got around to emptying my Finex account of funds, Finex dipped 36% of my total account. This was the point where I decided I was finished with Bitcoin for good, despite having a very strong hunch (as I posted in this thread), that Bitcoin was set to be taken up to $1500. What I done instead, was take the remaining BTC I had, and put it all into Shitcoins. I am down around 50% on the whole lot.

In conclusion, I hold my cognitive and intuitive abilities in high regard, but realise that my subconscious make-up will always conspire against any conscious goals that I have, especially when I am operating in any high stress/tension capacity, where the stakes are high.

But with all that said.....

Whilst getting burned in Bitcoin may have resulted in me missing out on large profit opportunities, it also taught me an invaluable lesson not just about Bitcoin, but about the nature of counterparty risk. I hold quite a lot of precious metals which have had a terrible past 5 years overall, but in the long run, long after Bitcoin has imploded upon itself and is rendered worthless, and long after the current global currencies have evaporated as the inflatable promises that they are, gold and silver, that you hold in your hand, will have real value.

Just as I had/have a belief that Bitcoin goes to $1500, I also have a belief that gold is the ultimate representation of real wealth, right down to it's sub atomic nature. If my experiences in Bitcoin have taught me anything, then it would be to have faith in what will unfold in the long term, and don't be drawn into short term machinations and shenanigans.

Gold is the ultimate hedge against a collapse of faith in currencies.

Bitcoin is billed as a hedge against a collapse of faith in currencies, but will itself go up in smoke long before the dollar is in it's last throws, taking a shit ton of notional wealth down the Black Hole with it. Mark my words.

Nope. You are still working against yourself.

The price of bitcoin is a direct function of supply and demand. The supply is known, the newly minted amount of coins is known. The demand is the entire world. What percentage of the world is currently using bitcoin?

You don't even deserve this much help. Fortunately for you, I am drunk and in a giving mood.

Market buy whatever you can afford NOW. And don't touch it for the next ten years.