Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Globb0
on 06/06/2018, 10:48:25 UTC
⭐ Merited by JayJuanGee (1)
JJG no need to envy those using the leverage. When they get burned, they really get burned.

I am thinking that I may have over-spoken a little bit because I am really happy with my system because it does work at accumulating value by slowly but surely accumulating more BTC over time, but sometimes, I get feelings that are likely similar to a lot of people when they second guess that they "could have done better if.... " 

I have files and notes that I can look back at, and those files and notes show my fairly conservative projections of my BTC investment at various price points, and the fact of the matter is that whatever I am doing currently is working because what I am doing results in more BTC than I had projected that I would have had at this time and price point...   

What I have been doing and attempting to do has been to build more BTC.., but the BTC builds in such a seemingly slow way that sometimes it is difficult to recognize the short-term measurements from just one up and down price movement..   For example if BTC prices go down 10% and then return UP to where they were by coming up 10%, and perhaps, I build .1% of my holdings or even less, yet if I look at my old notes, and I see the BTC price projection and quantity of BTC projections that are shown for me at certain price points, I see that within my current BTC holdings, I have accumulated a decent quantity more BTC than I had projected that I was going to have at these same BTC price points (so in that regard, I can see that my system is accomplishing its objective by slowly but surely building BTC and taking advantage of seemingly inevitable volatility).

Another thing, that you seem to be suggesting Globb0 is that some of the leveraging and overplaying of hands can frequently result in BIGGER losses than the gains that are reported.  Yes, I recognize that a gambler frequently doesn't discuss the losses, yet there are guys here that are engaging in similar strategies to stack and stack and stack, and hopefully we are getting ahead, learning from our mistakes and learning from each other, too.   

"could have done better if.... "   sounds like a good thing. Post match analysis. Feedback loops. Iterative. Continual improvement. Say this. A learning loop beats a learning curve.

Of course the leverager's can also learn lessons and improve, the winners survive in the end I guess. They employ tactics and method that might stump the newer user who has not yet leaned those costly lessons (that could easily be fatal)

I have to say I prefer the sound of your steady 0.1% vs Hollywood or bust. Still does fortune favour the brave? well I suppose not all of them. Anecdote after anecdote. Sorry.