Quote from: joefox on December 05, 2013, 06:07:39 PM

I have decided that "buy and hold" is not a plan. EMA-based trading is a simple, solid, long-term strategy that I have tested and found to work for my risk tolerance level

The human brain is a complex organ with the wonderful power of enabling man to find reasons for continuing to believe whatever it is that he wants to believe.
― Voltaire

Nobody is advocating the Buy&Hold strategy. You need strategy that beats B&H to successfully trade, point is - if you don't have such a strategy you'll always trade at loss, no exception. It's better to B&H than to trade at loss.

Trading to increase US$, but gaining less US$ than buying and holding BTC is trading at loss. Is that really so difficult to understand?