Quote from: 600watt on February 03, 2017, 09:17:59 AM

Quote from: JayJuanGee on February 03, 2017, 08:18:11 AM

you are the one who had been asking about strategies to protect yourself (or your BTC holdings from volatility)

And, also, you were suggesting some method that includes stop loss bullshit (which in essence is a kind of gambling - as you already seemed to acknowledge)

no. i wasn´t asking for strategies in my post. instead i was clearly asking:

Quote from: 600watt on February 03, 2017, 06:42:26 AM

so where would you armchair experts suggest a sweet spot for a stop loss ?

while i was asking that, there was a $30 drop which showed me live that it might not be a good idea at all.

you keep repeating your strategy which is totally ok with me if it works for you. i personally do not prefer your strategy - so i said:

Quote from: 600watt on February 03, 2017, 07:50:00 AM

fine if that works for you. i stick to hodling. Wink

it wasn´t me asking for a strategy, it was you rolling out your strategy. so please don´t turn around and open your post with this "you are the one..." rhetoric. because actually it was -~~as always~~

you. Kiss

I guess that I am saying your strategy and even your question is dumb ... because it is a dumb strategy...

You act as if there is something wrong with posters making points that they want to make that are related to your post but maybe it is not the answer that you would prefer to hear... and there is nothing wrong with that.

I do agree with your overall point, though, that a stop loss, if you were to place it, likely has to be accounting for shorter term spikes up and down.. Maybe that is why I don't really use those strategies because I don't know exactly how you could consistently make money with such a strategy (because it is a kind of gambling)?

As compared with my own strategy... hahahahahahahaha... there I go back to my preferred, incrementalist and seemingly consistently money making strategy. Cheesy