Quote from: MatTheCat on May 25, 2014, 05:27:30 PM

Quote from: piramida on May 25, 2014, 04:23:06 PM

Ok now we are in agreement. Seriously though, eat your words or something, or you too cheap for that as well? I told you that you should better hold at 1100 (and you should have, you'd probably had more coin now), I told you when was a good time to buy (anything below 600), I told you that it will never go below 300, I told you that it will break out above 500 in a week (and it did 2 weeks later), and you still consider *me* delusional?

You are funny, but learning to admit your mistakes will go a long way towards self-acceptance.

Anyone who told anyone to hold at $1100 with Bitcoin now half of that amount, really needs to just shut their phucking mouth to be quite frank.

If I took your advice and held at $1100, I would have 25 BTC (and not very much Fiat). Or would I? At what price point would I have cracked in a manic rage and cashed out? Would I have taken a 50% hit? a 60% hit? a 70% hit on my capital? And say for arguments sake that I was still holding like a good little hodler, when would I be willing to cash my BTC in? At $700, at $800, at $900? What if I resolved to cash out at $1000 but Bitcoin never gets that high by the time this rally period is through, and what happens if Bitcoin does indeed go lower than $300 before we ever see $1000 again?

Can you guarantee that this won't happen? Of course not because as you have proven in the past, you are completely ignorant to any information that tells you anything other than Bitcoin is going North. The charts that I am looking at would suggest that Bitcoin eventually getting up to Around $700 or even more, would paint a textbook Wave B, setting us up for a brutal impulse downwards Wave C. I am not saying that this will happen, I am saying that the potential is there for this to happen and nobody can say it won't until it doesn't. Of course you don't see it and despite Bitcoin's venomously volatile history, you can't see it...cos u is a damn fool!

This is not the trading forum Mat. Your posts are always so full of emotion I wonder whether you are cut out for trading over the long term.

I held at 1100 as did lots of other (bag!)holders. It turns out the only way to benefit from high bitcoin prices is actually to own them in the first place.

If bitcoin can manage another couple of years of stellar growth then I am sure you will be fine either way. But there is only so many times you can get in and out of the market without getting burned.