Quote from: European Central Bank on February 23, 2017, 11:09:23 PM

Quote from: pereira4 on February 23, 2017, 11:06:22 PM

Shorting is so fucking stupid unless you are George Shoros himself managing insider information, then you could be able to take big shorts, but those guys gambling in such suicidal ways is so insane.

Just buy and hold, you will make massive gains like that alone. Im all about getting rich and taking risks but cmon, shorting bitcoin? bitcoin is only going up you dickwad shorts, don't you see the potential to go up is massive compared to going down? Shorts will never learn.

shorters made insane amounts in 2014-15. holders were throwing money away by taking the safe route.

the trouble with humans is that they get married to one mindset and blow it eventually unless they can admit to themselves that the market is doing something they don't want it to.

Sure, shorting can work, but what when it doesn't? In regular forex, people can end up in debt, not sure how shorting works in poloniex. Anyway I don't like it, you never know when something will go down, you never know when to stop the short.

Buying dips and holding long term is what has worked to me so far.