Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 29/04/2020, 17:01:50 UTC
⭐ Merited by yefi (1)
I'll say it again: poor Mindrust. One day he'll become popular like that bitcoin pizza guy by showing up on TV and telling his story of how he sold the bottom at ~$3800?

Huh

True, Laszlo's pizza is significant in the history of Bitcoin - but that is a random thing. As opposed to him being the very same guy who coded up the first (known) GPU miner. Which of course is a much more significant accomplishment.

Mindrust is just an unfortunate misguided chump who panic sold.

The difference is Laszlo probably still had many, many bitcoin’s. mindrust sadly became a NOCOINER due to his misguided cowardice.

Mindrust probably made a few $50 purchases.  Remember he said $50 per week...

but yeah, he will probably end up panicking again, at some point and buying too many at too high of a price.

Remember that mindrust said that he had learned his lesson during the last bullrun from 2015 to 2017 and that he was NOT going to make the same mistakes again, but when push came to shove, he pretty much dropped back into some kind of similar pattern and into making the same mistakes that he had made previously.

Sure, maybe his mistakes had a bit of a different flavor from the earlier ones , but still ends up being some kind of variations of the same earlier pattern.

Definitely it can be really hard to learn new behaviors when many of us have tendencies to become overly emotional about our investments, and trying to improve on the model and becoming too arrogant with ourselves and not really realizing that we are gambling too much in one direction.. so in that regard, we presume that we are both financially and psychologically prepared, but when push comes to shove, we did not even sufficiently harmonize our investment strategy with our own deficiencies (we all have deficiencies, and probably part of the difficulty is to attempt to best harmonize our investment strategies within those deficiencies so we do not screwing ourselves because we had failed to properly harmonize).