Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 25/07/2014, 19:58:26 UTC
What if it breaks?  Huh  Cry
What are the generally accepted long term channels at the moment?

It is generally accepted that you should never sell your bitcoins for anything less than a price, which is multiple times of the ATH of the prior boom.

- If Bitcoin is in its growth channel, and you panic sell in the bottom, it will cost you most of your bitcoins when you panic buy at 5-20x higher after realizing you were wrong. (If you panic buy threshold is lower, you end up always buying high and selling low, and diluting your holdings.)

- If it it destroyed, you have no way knowing it and being able to salvage the high point of your value. Salvaging a low point, is meaningless when the same outcome in fiat terms can be achieved by selling a few %-points more in the previous boom.

this community lives in dreams just because of people full of shit like you, of course you sold most of your Bitcoins to buy a "castle" and fill your account but you tell others to don't, what a dick head.

I had NOT really known about Risto's thread that is somewhat parallel to this thread for fewer trolls... and it may be possible that Risto may be a bit too harsh in his deleting of posts or banning of members from his thread...  maybe I will monitor that thread for a while... .  Also, in the past, and thru this thread, I have directed some negative comments about Risto, but they were NOT meant as ad hominem attacks, but instead criticisms of his behavior.  In this regard, Risto may be a bit pompous from time to time, but he seems far from the ridiculous internally contradictory level of mmitech.

True. But I would wager fonzietila wouldn't have no problem suggesting you to buy, while he's dumping hard. First his money, after this his acknowledgement, than voidness.

I don't share your level of scepticism about Risto... and really, you should refer to him by his name or some understandable version of it.  Fonzie is a different character from Rptiela.  It is logically incoherent for you to combine personas in this forum in order to attempt to make some kind of derogatory point about the motives of one or more of them.  But, maybe no one here should take you seriously, anyhow, b/c it seems unlikely that you are here to contribute value.