CENTS - C - E - N = TS

 

Here, this will help you. And if that doesn't this will.

I speak from experience, and if that doesn't satisfy you - then I have the results!

 

You are just gambling. And when the crypto market drops again are you going to be thanking your lucky stars that had you gotten out? Or will you buy at the top and then sell at the bottom and be saying the same thing over again?

 

Speculation is fine. If you know how to do it. Otherwise, yes... it is gambling.

 

We all know how to trade. But what's important? Being right or making profit?

If you think it is going to zero, why not short it? You can do that using futures.

 

In crypto you have to invest just the money you wont use for a time, I made 40% of profit these day after the bitcoin has gone up, but my money is in since last year

 

Good traders know a) You don't ever really "miss" a trade, there will always be another one right around the corner.. and b) Know to contradict their emotions (if feeling FOMO, then it's likely the price moves will only have temporary staying power).

With that said; imo, you are not missing anything. This last surge is doing exactly what it's suppose to do (and is doing) is knocking out the last ounce of "greed" in the current pool of retail traders trying to "time the bottom and catch the early bull". Once the distribution happens, it won't be pretty, and it will be the final knock out punch for retail traders.

This leaves only one type.. the investor; because they can buy & hold in a range which requires great discipline and patience. That is what a "bottom" looks like, and the bottom from a psychology standpoint hasn't happened.

 

View: https://www.youtube.com/watch?v=lmQpbO2tfgI&t


Speculators are suckers. Crypto Gurus need a greater fool, don't be a fool...

 

Guys I don't think @levijean is looking for advice or anything lol... just ranting

 

Trading and speculating on Bitcoin and other cryptocurrencies should be avoided at all cost. Getting to know the underlying technology in the field and making a financial decision based on that is another thing. But whatever you do, do it long-term and with things you understand.

 

Yay only 10,000,000% to get back where we were, but with a bunch of additional regulation and millions of burnt, extremely skeptical people that will likely (smartly) steer very clear of crypto trading.

 

I rather enjoy the extreme negative sentiment here.

When you guys all turn positive let me know.

I'll place my sell orders.

Sent from my VTR-L29 using Tapatalk

 

Bulldog mindset I linked above showed that this is still a very stupid idea as there are better things to do with your money and time. Crypto is a get rich quick scheme by crypto gurus.

 

Did you lose any money trading Bitcoin or any other crypto's? I traded only on the big upside in 2018? Then at the peak price of $20M US I left only $25 US in my Bitcoin account at the end of 2018. Today that small amount is worth $175 US. And I didn't lose any of the trades i made in 2018. I'm happy!

 

:-D :-D My Exactly what I thought when I joined in 2015, it took 'em a while, they'll be back!

How's Estonia going?