Post
Topic
Board Speculation
Re: The Bubble Popped
by
BittBurger
on 24/10/2013, 17:01:11 UTC
One thing "high frequency traders" never seem to grasp ... is that they could have 10x the money if they weren't such adrenaline junkies.

Great.  You made a little cash by selling over half your coin stash. 

You claim you'll buy when it dips again.

Unfortunately, it will never dip to $60 again ... like it did a few months ago.

Now dips will be higher, and higher, and higher.

And you will continue buying and selling ... and making your minimal $ ...

Meanwhile, the dude who bought at 60 and held till $1,000 is the true winner.

All that coin you made in your high frequency trading will be gone, no doubt spent ... and you'll have nothing to show for it in 5 years.

While the guy who bought at 60 and held is buying a porsche with 1 coin.