Quote from: MatTheCat on January 26, 2014, 12:31:49 PM

What can I say. That was probably one of the most eye-opening things I have ever read on here. The early Bitcoin adopters were not cut-throat pirate financiers who like to drink babies' blood at the weekends on a full moon. They were wild-eyed libertarian zealots such as sgbett who have seriously lucked out. I made a 'near term price prediction' thread when Bitcoin was hovering at 790, telling people to go long Bitcoin, then short at 815-820 range. Bitcoin then done exactly as I predicted, at which point sgbett jumped into the thread and had a rant at my day-trading antics telling me that I should just be buying as many Bitcoins as I possibly can at these prices cos Bitcoin is going to $10K. Someone who bought Bitcoin at $1, getting ratty at someone successfully day-trading Bitcoin and demanding that the daytrader buy as many Bitcoins as he can, at $800!!

Your mad skills at trading are nothing compared to your insights! There was nothing special about that particular thread, you post so much crap that it makes no difference which I rant in.

You are the latest in a long line if day trading hero's. You fit the stereotype perfectly. There is no telling you about the perils, because you already know everything there is to know about everything.

The funniest thing is that I actually agree with all the bears on here right now, I think that the price in USD is going down. Some days I lose thousands of imaginary dollars. Oh the trauma. Perhaps I should sell out to buy back lower!!!

The difference between us, is that I don't think I am so smart as to be able to call the tops and bottoms. You can't. You might win some, you might lose some.

Every time you win, that is lucky, but you'll just rationalise it into how much of e leet trader you are. Every time you don't, then you'll dip into your grab bag of reasons why the market is rigged against you. If anyone tries to point any of this out to you, you'll become abusive and frenzied. You'll create entire fantasies to justify the way you think. You already hate me, even though you are "winning" and I am "losing". You've invented wild theories about how I am on the wrong side of trades, or making losses so I'm butthurt. When the truth is far less exotic. My entire investment strategy is boring. I minimise capital risk, I have investment horizons of decades.

All of this is far too sensible for the speculation forum though, so I advise SHOTR immediately, because that descending wedge on the 5 minute chart looks really bearish... or is it a triangle thats bearish... If only I was a trader...