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fyi: FOMO is the mother of all evil for cryptos
| soul-stirring bawdyhouse associate | 12/12/17 |
| sapphire concupiscible step-uncle's house | 12/12/17 |
| soul-stirring bawdyhouse associate | 12/12/17 |
| Orchid vibrant trump supporter office | 12/12/17 |
| soul-stirring bawdyhouse associate | 12/12/17 |
| provocative house-broken doctorate | 12/12/17 |
| Razzle aqua church | 12/12/17 |
| Onyx public bath volcanic crater | 12/12/17 |
| bespoke corner shitlib | 12/12/17 |
| soul-stirring bawdyhouse associate | 12/12/17 |
Poast new message in this thread
Date: December 12th, 2017 7:21 PM Author: soul-stirring bawdyhouse associate 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. |
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Date: December 12th, 2017 7:23 PM Author: sapphire concupiscible step-uncle's house 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: soul-stirring bawdyhouse associate 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: Orchid vibrant trump supporter office 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: soul-stirring bawdyhouse associate 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: provocative house-broken doctorate 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 |
Date: December 12th, 2017 7:38 PM Author: Razzle aqua church (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: Onyx public bath volcanic crater (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: bespoke corner shitlib (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: soul-stirring bawdyhouse associate 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) |