Post
Topic
Board Speculation
Re: This Bubble Didn't Last Long, Time To Sell In Panic
by
cryptodontus
on 25/05/2017, 20:08:33 UTC
Is it really shit advice? Selling at resistance and buying back at support has proved very profitable over the last three years. Just saying....

yes, because newcomers won't know who to listen to or what to believe. they'll walk straight into wherever the professional traders want them to.

you see the same old thing every day on r/bitcoin and elsewhere. people try to badly time the market and end up poorer. if you know more then great. people who don't have years of experience should take the long road instead.
I think another important ingredient is being a crackhead, or polyphasic sleeping. My problem is I have two (other) jobs, so I have to sleep. That means I miss the critical signs of an impending correction.