I'll assume you're speaking towards me. Not sure if you're insinuating I'm "SMART"? I never said I was smart, quite the contrary, I'm probably pretty dumb when it comes to investing/trading. And yes, what I did appears risky, but it doesn't seem that risky to me. You may have also missed the point where I plan to buy back in if it goes back up instead of down.
Beware of the Bitcoin Nutters on this forum Bazil!!!
They will do nothing but fuck you up!
I remember back around the time when I first came to Bitcoin (also my first real attempts at trading). On the eve of the Dec 17th, I had sold my Bitcoins and had buy-ins at ~$450. Not only was I "a fool for selling" but my "$400 range buy-ins would never happen". "Hell", I was told, "there are so many people queuing up to buy-in the $500-$600 range that Bitcoin was just never going to get close to there". I of course argued my case but doubt creeped in and I raised my buy-in tranches up $100. Bitcoin fell to $380, and due to my naivety in trading I panic sold at $500 taking a large loss (I had large amount of funds in Bitcoin back then).
Beware of the Bitcoin Nutter! He will offer you some of his Kool-Aid! He will demand you drink his Kool-Aid! Whatever you do, don't drink Bitcoin Nutter's Kool Aid!Ahem....
Here is another DanV YouTube video.
https://www.youtube.com/watch?v=-cwlt-ICoC8It is 2 hours long. I have just started watching it and am 40 minutes in. Excellent stuff. This is exactly the sort of thing I wished that I had watched back way back when I first came to Bitcoin. If you are going to invest in Bitcoin, this is well worth a couple of hours of your time.
Your so called sub 300 has not happended so @ this point in time if anything you are the nutter and I am reality ..
The OP HAS taken a high risk strategy... time,patience & resolve is what is needed for profit ...being right or wrong is not the key point in this game