Why did you think that? Why not just read what I write so clearly?
I think that even if you account for similar moves, ie. up, down, up, down, when you look at the percentages involved, it paints a whole different picture. There was no way to know in 2012 for example where bitcoin would go. I was buying silver at roughly $300 for a 10oz bar. I considered buying bitcoin, but I didn't quite know how, and thought I'd be arrested at some point. Silver dropped quite a bit after this, and so did bitcoin, but look at where we are now. So even if the cycles match, the end result is quite different. So this is what I was thinking.
Bitcoin I'm learning is also the first to sell off. It has amazing liquidity, and hence people take advantage of it. Nobody sells a property because the friction costs are huge, but this also means that it artificially maintains its price for a while.
1) Bitcoin as a hedge against inflation
There are some very good videos by Parker Lewis about why Bitcoin isn't a hedge. Its been a while since I watched them, so can't make specific points, but this guy is super smart, so if you're curious, give them a watch.
By the way, you liked a post which called me a fucking asshole and to fuck off, so you don't need to ask me for trading advice in the future.
Other posters have covered this point quite well for me and got it bang on. I do wish he toned his language down a little bit, but in other posts where he and schizo got into it, I could almost understand where he was coming from.
I think its a bit of a stretch to assume what you do simply because I liked a post that he wrote, but I'm fairly certain that you are still probably mad at me over a disagreement we had over the genocide in Gaza. And that's ok, I understand that we have different viewpoints on this.
As for help with trading, I do think your statistical model is excellent, and I see how it helps you develop the confidence to take a trade or stay in a trade. But I do notice that on some days you don't post, so I'm not sure if you're too busy to trade, or if the trades that day were crap. We have discussed many times about how difficult it is to get a sense how anyone is trading given that we generally only see the wins. You're of course free to post how much or how little you want, but my point is that you're also not giving the complete picture, so its difficult to get a sense of the complete picture. I mention this because I see you have taken some swipes against hilmy, and I'm not sure why this is.
Honestly LF, I think you're a great guy, and you're likely finally doing well these past few months so that's awesome. All this other shit we are arguing about makes no sense to me. The women reading these posts are laughing at us guys for dropping down to play their game of causing shit and getting everyone all emotional. I guess money is a very emotional thing, and since us guys have to do all the providing, having money or not having money is a weakness for us guys.
