Post
Topic
Board Speculation
Topic OP
PSA: Bears & Bulls
by
Logik
on 13/12/2013, 11:03:33 UTC
1] PSA: Public Service Announcement: a general message for the public
2] Bull: A person or entity that is buying an asset or contract
3] Bear: A person or entity that has temporarily sold with the intention of buying back said assets or contracts at a lower price.
4] Exiting a market: A person or entity that sells all of their assets or contracts without the intention of re-entering that market.

People who have never held BTC are not bears. They are just intensely regretful. People who have held BTC in the past, and then exited the market are not bears. They are just unfortunate.

Bears sell their BTC because they would like more BTC in the future. They are to be respected. Bulls make money. Bears make money. Pigs get slaughtered.

Stop calling yourselves bears when you are, in fact, a pig.

That's all