Quote from: Walter_S on March 30, 2017, 07:55:40 PM

Quote from: mastertrader777 on March 30, 2017, 07:10:32 PM

Quote from: Walter_S on March 30, 2017, 07:05:40 PM

Quote from: eduffield on March 30, 2017, 04:06:20 PM

When I studied for my series 65, I came by some information about why trading sort term doesn't work long term. It's all based on internal bias, the people all eventually go broke (or more likely they tread water when you include the fees/taxation in the mix). I guess it's the governments that are the true beneficiaries of behavior like that long term. It's really difficult to do it correctly, it's much easier to find projects you agree with on a philosophical level, fundamental level, then just put your money on them. If your vision of the future is correct and you're aligned with the correct concepts you'll make money and the free market will work properly.

We need traders, but it's like we need miners. Neither make money on the network until they're expert level.

Further more, everyone is used to trading inflationary markets, or denominated markets (assets like stocks that have linear growth models, gold markets, silver markets, etc). We are a new type of medium that has a growth potential that is deflationary and exponential in nature. It's extremely dangerous for traditional minded traders to wrap their minds around to understand how dangerous that actually is. We have barely begun to start growing. A word of caution I think is in order.

This pretty much sums up why I invested in this project from the start and have never sold a single duff in 3.5 years. I'm what you'd class as a traditional 'value investor' in the FIAT world. I think of stocks as businesses not bits of paper and squiggles going up and down on charts... I look for long term return of equity, not short term profits. Inertia is under-rated in the investment game... Buy good value and hold is the secret to becoming wealthy.

Everything Evan is about has chimed in with my investment philosophy right from the start, and it's really great to watch this project go from 'home office experiment' to what will be the world first true multi-billion dollar DAO. Will there be further ups and downs along the way? Sure... will Dash be more valuable 2, 3, 5 and 10 years from now? I'm 99.9% sure it will be.. And I've put a lot of money where my mouth is... Tongue

Keep up the great work Evan and team and I'm really looking forward to watching the event tonight. I really wish I could be there (really gutted) but I was unable to travel due to personal commitments Sad

Walter

Would you be so kind as to tell me where the event can be watched?

Sure, confirmation of any live stream of the event will be posted on the below link at 3pm Arizona time today..

http://dashdetailed.com/2017/03/05/openhouse/

The plan is to live stream it, however, this is subject to technicalities... So there's no guarantee at the moment.

Walter

Thanks alot!

Update: LONG looks like a forsure bet at this point. Took on another 60 BTC of Dash at these levels. Many shorters I've scared off. Always a method to my madness Wink