Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
ozkraut
on 14/07/2014, 04:15:31 UTC
Yea I fucked myself with this coin, i panic' sold way to earlier, then somebody told me it was going to .002 so i bought in again at the worst fucking time... now Im in the hole at least 2 BTC, when I should be up around 3-4 BTC on this coin......... FUCK MAN This is starting to make me nervous.............

I am no expert investor, but if you buy for a reason like "someone told me it was going to 0.002", you probably should rethink your investment strategies.  But anyway, 2 BTC is not a life changing loss.  It may go up from here, it may go down, but just try to learn a lesson.  I could tell you it's going back up to 0.0012, but I have no way of knowing this, so I won't say it.  I hope it does, but we will see.

Ya man I was emotional cuz it went double and I lost out on HUGE profits, then I was like its too late to buy in now, but I panic'd again and fucked myself....   Im sick of having these hard lessons costing me thousands of dollars though...  This is pretty much all I have Sad   Everytime I'm about to make huge profits I end up breaking even or losing my ass......  I  was gonna sell out at 12 because I saw the decline, but I hesitated.  Lot of bad moves on my part, but I'm just hoping to break even at the moment.  I could have made so much money by now if I just did what I knew i was supposesd to... ugh... shitty ass lesson.
Hey man, I feel your pain. When I started out I had 4 btc and promptly lost 2. I didn't have much money so this was horrible. The key to the game is not to listen to anyone saying get in this, or get out of this. You must make decisions based off of sound reasoning. The ones who yell loudest are just the shepards wrangling the sheep to slaughter. Fear is no way to make a decision. If you believe in a coin, let your conviction be the guide. If you start to doubt a coin, rethink your strategy. If a coin is down, re-access the situation. If it's like cloak, then it's probably a lot of people cashing out who bought when it was .0002. All in all, I made the majority of my money by riding two huge trains. i caught both when they were cheap. Look out for the new coins and check out what they have to offer. Look at the coin specs. A lot of coins or a little. POS POW. Look at the devs and what they aim to accomplish. I have made and lost money chasing. I guarentee you though, if you buy in early and hold, you will have an easier time. Now I don't mean when a coin hits mintpal, but before. There are so many rackets that get run to bilk everyon out of money. The latest is now the fud game. Big angry words with false accusations. You want to make money? that's the time to buy. Buy when you ask yourself, why is this so cheap? As Buffet said "be fearful when others are greedy, greedy when others are fearful". The fud of cloak, I added 10 btc worth without trying. Shieldcoin? The fud netted me a shit load at insane prices. I may look foolish now, but check back in two months. Cloak will be banging that .0025 like a hooker on coke looking for .005 for some anal. This game isn't won on the quick swings. Consistency, evaluation and holding. I held drk for 4 months to net a sum of insanity. I would hold your dick in my butt cheeks for 5 years to net that same amount. Crypto is full of hot air and dudes who think they're hotshit on twitter. Simple thing is to not listen to them. They don't know shit. They don't have the artillery to keep a crypto down. They may pump it, but only because they ARE SELLING INTO PEOPLE WHO READ THEIR TWEETS. AGAIN, THEY BUY SOMETIME BEFORE, ACCUMULATING, FOR DAYS, THEN YELL PUMP!!!!!! EVERYONE RUSHES AND BUYS THEIR COINS. All in all, it's your money. Invest it wisely. If I told you to buy a dildo and stick it in your ear, you'd tell me to fuck off. That's exactly what you should be saying to anyone who anonymously tells you to buy or sell. Heck, you'd probably get more out of the dildo in the ear. Sorry for rambling.

the seriously big +1 on this. Trust your judgement and take responsibility. Stay informed. And always ask : Quo Bono ?