Post
Topic
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
junckmonkey
on 12/06/2018, 01:08:03 UTC
Small pump hell yeah!

woooh, going for it, wish me luck!!!

Why wish you luck?  Has this become a gambling thread, now?

You come off as an attention seeking troll that is preparing to come back to the thread and to whine about all the money you supposedly lost from having had entered a leverage long and mortgaging your house based on your emotions.   Roll Eyes

JJG, I like your investing approach.   Been reading your words now for awhile, much love.  I just feel I have a beet of a neeche to geet in.

Win me over with flattery... ..

I am so embarrassing...

http://images.girlslife.com/posts/021/21625/breasts-521.jpg

hahahhahaha



There is nothing wrong with taking a bit of a heavier "in" position based on feelings about the direction of BTC price... So, for example, sometimes you can overbuy BTC for a little while if the price is going down with plans to even out your risk (by selling) when the price goes back up.  That kind of overbuying bet can be made in a reasonable way.

The same is true for when BTC price are going up.  You can sell a bit more than you would otherwise sell, out of anticipation that the BTC price is going to reverse at some soon point.

No matter which direction you are playing the price, I would suggest to NOT go 100% with your overbetting, just in case you are wrong about the impending reversal.

In essence, I am not going to quibble with you or your strategy if you are engaging in a form of front loading and anticipating the price direction, but if you hoping for luck with a kind of gambling, those kinds of tactics are more difficult to manage and takes a while to build skills to bet based on reason and logic rather than pure faith (or luck as you mentioned).

JJG, kind of curious, what kind of car do you drives?