fyi: FOMO is the mother of all evil for cryptos
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Date: December 12th, 2017 7:21 PM Author: zippy brass market
i’ve literally cut my aggregate returns in half through retarded attempts to sell high and buy lower. each time i end up capitulating and buying back less than i had originally. fuck fuck.
if you’re a robot devoid of human emotion, the optimal strategy is probably to ignore major gains or losses, keep 50% cash on hand in gdax and swoop in like a fucking vulture when prices drop percipitously.
(http://www.autoadmit.com/thread.php?thread_id=3826446&forum_id=2#34901728) |
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Date: December 12th, 2017 7:37 PM Author: Hideous locale
Problem is determining what's "low"
If ETH drops to $550 now, is that low? Well, only if it bounces up permanently. Maybe it eventually goes to $200 again and buying at $550 is a mistake?
It's only easy in hindsight
(http://www.autoadmit.com/thread.php?thread_id=3826446&forum_id=2#34901868) |
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