Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
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 in the mix). 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.
We need traders, but it's like we need miners. Neither make money on the network until they're expert level.
Trading only works well for the 5% who are capable of limiting their decision making to strict probabilistic analysis.
The rest should employ longer term buy and hold, dollar cost averaging, and balanced portfolio strategies.
As for the rest of what you say, I guess we just need to give you guru status and drink the Kool Aid, right? "Philosophical level", "fundamental level", and be "aligned with the correct concepts", hey that's some good shit you're smokin' there!
And as for miners not making mone until they're experts, uh, how does that work?
You must be a genius - that's just way over my head.
