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Hard to be wrong :) :)

There's usually something moving in bear markets that presents oportunity to long only traders. (Energy right now). The strategy put me in cash in both 2008 and 2020. I agree we haven't had a long bear market in some time. Last time one showed up I was probably a buy and hope investor so I...

Why? She and I are not going to lose any money. With interest rates rising we can stick the cash in a daily interest rate account and even make a little.

If everyone has that rule, they obviously are not following it or you wouldn't have such a high rate of traders failing to make a profit. I think it's a good rule. I do my best to follow it. I don't hold anything in my portfolio that is underwater. Where I differ from some other traders is...

Jeez John; I'm not sure if I'm more insulted that you called me a moron or that you thought I was Jack. BTW That rule about not losing money is Warren Buffets #1 rule. Mind you he thinks bitcoin is rat poison. Prolly another moron. :)

Hope it's not a blip to the high side. As an investor you have now held TSLA for a year or so (My guess) and you're underwater. That's dead money. If we go into a resession for a couple years, when will you get your money back? What's your guess at where the price is heading?

Excellent where can I short it? :)

Perfect and how long will it take to get to 500K a point.

Wouldn't be that great a call. After a 90% drop a 1000% gain would only give you a 10% return. And 10% over 2 years ain't nothin to write on ET about.

How do you value those points?

It was an if question. A what if I was way smarter than I like to think I am question. No as a HOLDer I would still be a believer. As it is I have never bought, sold or done anything with bitcoin.

Now when I look at a trade I missed like not buying bitcoin in 2012 I just shrug it off as a oportunity lost. I'm not sure I could have the same attitude it I had 8 figures and then let them slip away. I mean if you had bought bitcoin for 1K, let it ride up to 67k, then come back to 23k. Have...

I've had a good run with enery. There's a bitcoin short ETF in Canada but the big moves seem to occur over the weekend. Have to admit I'm one of those who badmouth bitcoin and don't have a position. I see it's value as a medium of exchange but not as a store of value. Might trade some if it...

I was somehow under the impression that to get started today was quite expensive. Why would someone get into mining if it might not be profitable?

I just step aside in a bear market. I was in cash in 2008 and 2020. On the bright side I didn't lose anything and had cash when the market turned. even if I was late getting back in.

Congratulations; Obviously you are very proud of that accomplishment How does your equity curve look for the year so far Why 45 days, why not year to date? Gotta say I'm more impressed with 5% than a random number. Anyone who has their head above water this year is doing well.

I agree with that definition. But I wonder at what point mining isn't profitable. Once all the bitcoin is mined the miners will be paid in fees. With miners being paid less at the next halving is there a point that miners will quit. Any chanch of miners getting organized and holding the...

For me it's risk reward. Being long, all I can lose is my original investment. No limit to what I can lose short.

Fundamentals you say! What fundamentals? If miners quit doesn't that mean no transactions?

Ah. I got it. You sold a little over 25K so that you could cover the fee and still have 25K in your account. I miss read your post. :confused: