Quote from: Anotheranonlol on May 27, 2014, 09:46:18 AM

Quote from: rpietila on May 27, 2014, 09:22:26 AM

I mentioned this in ToF, so let it be known here also that I like MRO very much at 0.002, I like it at 0.004, but would not buy over 0.010. Going to 0.020 in the immediate future is a sell zone with an intention to buy back at 0.010 or less.

The thing is, not to state the obvious because I''m sure you're very aware; If you believe MRO/BTC going to 0.002 when it's currently 0.004 if you sell at 0.004 and manage to buy back in at avg 0.002 you've increasing your holdings 100%. In such a fickle and volatile markets where these kinds of falls and rises are inevitable, where is the sense in not doing this?

a) I am not believing it. Saying I'd like to have something implies that it is something that likely does not happen.

b) Even if it does happen, there is no way to both sell my position now and buy it back then, with perfect timing and no slippage. If BTC is doing its yearly wave, I can capture maybe 30% of the downtrend with 30% of my position, resulting in a 13% gain in my holdings. I have no fantasies that I could do any better with an alt, and due to their 250:1 difference in marketcap, I would spend equal amount of time in netting 250 times less.

Therefore I just buy below 0.010 and sell above 0.020 if we get there.