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fyi: FOMO is the mother of all evil for cryptos

i’ve literally cut my aggregate returns in half through reta...
Excitant scarlet therapy personal credit line
  12/12/17
So basically to buy when it gets VERY low? Seems cr.
Beady-eyed cerise clown associate
  12/12/17
exactly. 99% of trades are probably stupid in the final anal...
Excitant scarlet therapy personal credit line
  12/12/17
when's it going to get low though
hairraiser resort party of the first part
  12/12/17
that’s the thing. everyone’s panicked about missing out beca...
Excitant scarlet therapy personal credit line
  12/12/17
Problem is determining what's "low" If ETH drop...
bull headed becky stage
  12/12/17
(guy who bought pets.com stock after it fell 50% from peak)
Bright appetizing brunch depressive
  12/12/17
...
Sickened Galvanic Box Office
  12/12/17
(Guy whose been waiting since 2010 to pick up some AAPL and ...
blue insanely creepy new version ladyboy
  12/12/17
can you spot a potential issue with this analogy? are you fa...
Excitant scarlet therapy personal credit line
  12/12/17


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Date: December 12th, 2017 7:21 PM
Author: Excitant scarlet therapy personal credit line

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 7:23 PM
Author: Beady-eyed cerise clown associate

So basically to buy when it gets VERY low? Seems cr.

(http://www.autoadmit.com/thread.php?thread_id=3826446&forum_id=2#34901735)



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Date: December 12th, 2017 7:24 PM
Author: Excitant scarlet therapy personal credit line

exactly. 99% of trades are probably stupid in the final analysis. the only times to transact are when it seems like the world is ending (eg when china banned bitcoin exchanges) and when you ultimately decide to cash out

(http://www.autoadmit.com/thread.php?thread_id=3826446&forum_id=2#34901746)



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Date: December 12th, 2017 7:35 PM
Author: hairraiser resort party of the first part

when's it going to get low though

(http://www.autoadmit.com/thread.php?thread_id=3826446&forum_id=2#34901852)



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Date: December 12th, 2017 7:39 PM
Author: Excitant scarlet therapy personal credit line

that’s the thing. everyone’s panicked about missing out because of the sheer euphoria others are enjoying. but this shit is volatile as fuck and it’s a near certainty that they WILL tank at some point. people say holding is the best strategy. a better one is holding combined with very rare huge purchases at certain key moments (say every 75% decline)

(http://www.autoadmit.com/thread.php?thread_id=3826446&forum_id=2#34901886)



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Date: December 12th, 2017 7:37 PM
Author: bull headed becky stage

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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Date: December 12th, 2017 7:38 PM
Author: Bright appetizing brunch depressive

(guy who bought pets.com stock after it fell 50% from peak)

(http://www.autoadmit.com/thread.php?thread_id=3826446&forum_id=2#34901875)



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Date: December 12th, 2017 7:41 PM
Author: Sickened Galvanic Box Office



(http://www.autoadmit.com/thread.php?thread_id=3826446&forum_id=2#34901908)



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Date: December 12th, 2017 7:40 PM
Author: blue insanely creepy new version ladyboy

(Guy whose been waiting since 2010 to pick up some AAPL and AMZN at pre-recession levels)

(http://www.autoadmit.com/thread.php?thread_id=3826446&forum_id=2#34901902)



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Date: December 12th, 2017 7:41 PM
Author: Excitant scarlet therapy personal credit line

can you spot a potential issue with this analogy? are you familiar with the concept of a beta in finance? ethereum’s is like a billion

(http://www.autoadmit.com/thread.php?thread_id=3826446&forum_id=2#34901906)