Post
Topic
Board Speculation
Re: zOMG SellOff!
by
molecular
on 04/05/2013, 09:11:17 UTC
15K BTC sold from ~$5.14 to ~$4.99.


By a strange coincidence, 15K BTC bought at exactly the same time!!  It's almost like there's a conservation principle!?

So waiting 1 year would have given you 1,350,000$ more - or 3,915,000$ with really good timing.

Makes you think about daytrading, doesn't it?

yeah, well actually for me it looks like it's going to be "screw daytrading". You have to do it right (which takes a lot of devotion) to beat the simple "hold" strategy. "Hold" requires no devotion or time which is then free for other things.