Post
Topic
Board Speculation
Re: BOTTOM? list? the real bottomcaller
by
JayJuanGee
on 08/09/2018, 14:13:34 UTC

Also, isn't a part of the reason that guys (and gal) participate in BTC talk threads is to attempt to learn about the strategies of others, share their own strategies and perhaps even learn about their own strategies by attempting to engage with other BTC talk members?  

for sure and i do read some guys posts with a little more attention for learning strategy's .... and when it comes to accumulating i do read your things with extra attention as well ......
I am going to try and ride the wave with daytrading. Althought when things are going bellyup like this, I have a history of losing. Oh well. Can't make butter without punching a few cows.

Just start out really slow and with small amounts, BonyHob.  I have attempted to help a lot of folks with this in various bitcoin forums and also in real life, and I tend to find that a lot of peeps want to attempt to make profits right away.

Of course, you should attempt to tailorize your approach to your own situation, including your risk tolerance, your finances, your views about bitcoin and your timeline, yet I personally believe that a better strategy ends up attempting to stack orders on both ends so that you never run out of fiat if the price goes down and you never run out of bitcoins if the price goes up.  Once you have played around with it for a while to see how it plays out, then you can increase the amounts and attempt to play with it a bit more.  

I personally tend NOT to gamble too much of my bitcoins or my strategy because my ongoing goal is to attempt to take profits in bitcoin rather than fiat.. which means that I am trying to accumulate bitcoins.  Since I don't expect to live forever, and bitcoin seems likely to have some more upwards exponential price spurts I am sure that at some point, I will feel less inclination to accumulate bitcoin and more inclination to enjoy some of the fruits of my profits that seemed to have been enhanced by my ongoing strategies (and tweaking it around from time to time).