Post
Topic
Board Securities
Re: [IPVO] [Multiple Exchanges] Neo & Bee - LMB Holdings
by
Herp
on 27/02/2014, 17:57:44 UTC
...
Thus far, NeoBee had nothing but expenses.  It will take plenty of luck and plenty of time to become profitable.  Expecting divs anytime soon is unreasonable.

@Herp:  If the signals are right, flippers will buy back at a slight loss.  No cause for self-mutilation.

The reception was much better than expected with plenty of merchants signing up to use Neo pos devices, many not even interested in converting the earnings to euros.

As a bonus, due to a partnership, Neo effectively has dozens of locations throughout Cyprus allowing people to buy and sell Bitcoin.
...

Which part of my post do you disagree with, if any?

Quote
slight loss

You most likely don't understand how trading works.  The people who got out @.006 can buy back in now @~20% less, if they feel like it.  That's how traders make money.

It has been proven statistically that most traders end up losing while long term investors end up profiting.  http://vantagepointtrading.com/archives/7665

Quote
Most traders have heard the statistics…”95% of traders lose money,” “Only 5% of traders can make a living at it,” or  ”Only 1% of traders make money.”

Trade much?