Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
theonewhowaskazu
on 02/03/2014, 07:26:47 UTC
9376 volume on stamp ??

This is starting to remind of the 5 other times i thought the trend was breaking and I had to buy. The only difference is MACD is up now (slightly).

If you've only been trading Bitcoin since last June, then you've never been through a correction yet. I think you're a woman. You write like a woman, you trade like a woman. You're very smart and I respect your analysis, but it's almost certain you're going to miss the big turn because you are too risk averse. Yer gonna hate me for saying so, but there's a reason we call cowards pussies.
Multiple incorrect things in here. I'll admit my minds is a little weak right now due to exhaustion, terrible sleeping patters, and other bad habits. This may account for some missed trades and emotionally charged posts that I would not have made otherwise.

So what about this "big turn". Do YOU know how to tell when it's happening? What signs are there? Is it happening now?

Don't apologize for your posts. I appreciate your candor and I enjoy them more than most. Unfortunately I can't tell you what the market will do. I have a the luxury of being in this game for more than ROI, so I don't have to worry about making mistakes as much. I also don't have to worry about missing the turn because I'm already in from way back. I buy when price falls and I sell when it rises. I take profits in fiat if I have bills to pay and in BTC the rest of the time.

I don't think you're going to really understand this market if you think of it as poker just with better odds. Bitcoins aren't poker chips. If you don't believe in what you're doing, you won't have fun and if you're not having fun then you won't do very well.
I got to say, despite how obnoxious this guy is capable of being, this post is spot on. Take everything, including the Bitcoin price, with a grain of salt, and suddenly things feel a lot better. As long as YOU now what YOU should be doing in the long run, don't second guess yourself, and rather than stressing out you'll find yourself laughing at the bears on the way up, and laughing at Gox on the way down.