Quote:
Originally Posted by ladida
Remember guys, every 6th (give or take 10 days up or down) change in trends happens, my fellow baller noticed the trend. Life is ez when you know the market ayay my baller friend!!
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So every couple of weeks, or half the month, a trend happens. Got it Nostradamus. In other words, each month you have a 50-50 chance of being right - or wrong.
Quote:
Originally Posted by crucifissio
yeah no...you are down like 70% in the last 7 months and I am up every single month and each new month is a much greater gain because of the compound nature of the trading game...pimps up, hoes down...
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Maybe, but gaining 1% one month, then 2% the next doesn't thrill me. Waking up one day and seeing BTC go 10x does.
Therefore, I sit and wait simply because I can afford to. One big gain and it dwarfs your tiny daily gains. So again: HODL. (Unless you enjoy the daily juice of trading then go for it.)