Post
Topic
Board Speculation
Re: To all the bears with reason, a big pat on the back.
by
dancupid
on 02/05/2013, 15:56:09 UTC
So why did you want to make this post 2 months ago?
Shouldn't you have wanted to post 'bitcoin is going to the moon' so you could then sell at the top of the bubble?
You were a bear at $40? Seriously?

No I was a long term investor at $40.  I became a bear after March 17th when Cyprus, Spain, Greece, Argentina etc. starting dumping money in and the price started to skyrocket.  After about $150 is when I really started itching to sell.  I dumped 20% at $103 just in case it was a short term bubble.  I sold the Tue night before the Wed crash based on the highest ever volatility and price moving sideways.  That three day run up Mon-Wed was just too much for me.  I was convinced it was over.

I wanted to make it two months ago because like other bears I asked for fundamentals and rather than get any I got attacked and speculation.  I saw bears getting attacked for months and did say that they were doing the right thing speaking their beliefs.

Well yes it was pretty obvious - but presumably you can see that someone is only a bear after they sell.
Anyone who invests at any point in anything is a bull until they sell.