Quote from: lucas2047 on October 29, 2014, 06:01:45 PM

Quote from: defunctec on October 29, 2014, 05:55:24 PM

Lol, tell me how buying a small amount of darkcoin every other week with money you have earned from working is bad advise?

It would get him away from trading (Losing) so much and would actually earn money. After paying his bills, buy more dark?

What's wrong with that?

You're essentially telling a gambler who is broke to go back to the casino and keep betting red.

Neither you, I, or anyone else knows what the price of DRK will be in a month or year from now. That's fact. At this point cryptocurrency is more of a gamble than a solid investment.

That's why putting any significant % of your income into it (when you don't have much cash to begin with anyway) is a bad fucking idea.

A lot of people just don't seem to get that and the result is these emotional breakdowns when the price crashes. They're looking for other people to be mad at, when in reality they only have themselves to blame

Since we are in a casino, i bet he does not have a job.

Its called cost averaging, and its one of the most conservative investment strategist around. If you are in the project for the long term cost averaging is an excellent idea.

If dark's price fell to 0.001, as a long term cost averaging investor this is great news. And should be to jams.