Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Oh crappy-o, it looks like we're going down again 
BTC didn't even rise enough to give me a proper dip on my favourite altcoin! I feel better if I can keep my liability split 50/50 between the two but after the events of the past few days I've spent heavily on Bitcoin and now I feel too one-sided and too vulnerable to Bitcoin's fluctuations. It only needed to rise a little bit more (and the alt dip a little bit more) for my buy order to go through on Polo, but now they've see-sawed the wrong way 
BTC didn't even rise enough to give me a proper dip on my favourite altcoin! I feel better if I can keep my liability split 50/50 between the two but after the events of the past few days I've spent heavily on Bitcoin and now I feel too one-sided and too vulnerable to Bitcoin's fluctuations. It only needed to rise a little bit more (and the alt dip a little bit more) for my buy order to go through on Polo, but now they've see-sawed the wrong way I understand that people do this, and it does lend a certain ability to profit and an additional level of complexity that can really cause you to lose money faster or gain less (but yeah of course I recognize that it can have big pay offs too).
In other words, you are really bringing additional gambling to bitcoin, and does not really seem to be a longer term plan.. with mere investing in bitcoin should be enough to get rich, no (or at least increase your value over time).