Quote from: inca on June 10, 2014, 10:30:41 PM

Quote from: BTCtrader71 on June 10, 2014, 08:51:04 PM

Quote from: MatTheCat on June 10, 2014, 07:35:27 PM

The only way to win at this game is to have more information that the ones you're playing against. When you HODL, you win because you are playing against the large chunk of humanity who have not yet focused their attention on bitcoin. They're going to buy one day, and you and I know it, but they don't. We're not necessarily smarter than they are, we just got here first. When you play the short-term fluctuations, you are playing against people who have immersed themselves in all publicly available information on bitcoin, and may even be privy to information that the rest of us don't have. The odds are that you and I can't beat them!

Fantastic point.

Agreed. Well put.