""BTC haters crack me up. On any measure it is the best performing asset of all time.""
just sub the word SCAM for asset and we agree 100%
just sub the word SCAM for asset and we agree 100%
Bitcoin ‘tourists’ have been purged, only hodlers remain
- Thread starter Ed48
- Start date
Yuge day today. Winter is over !
Don't buy Gold. It's a scam. I heard this one time, there was this bubble thing... the gold-rush it was called. And I heard that it crashed!
Don't buy GLD, that ETF is a ponzi scheme.
Don't buy GLD, that ETF is a ponzi scheme.
gold never 10,000x in 10 days
we've entered a new low in scams
we've entered a new low in scams
If you're a "holder," it means you own it high. Otherwise, you'd have taken the tops of months ago. I think the pros are out long ago, back in when the bottom arrives, or still working small flips for now.
Holding a position on "hope and faith" that anything will come back up is not the sign of a good trader, it is more the sign of the "tourist" you describe, not the "local." You own high, you made a mistake, we all do it. Those who can keep trading out of the bad position, that's the sign of a pro.
Every sharp rise, dump half, every sharp drop, buy half back. Do that 15-20 times over several months, you can trade out of almost anything that's down 50%, or more. Once your cost basis gets close to the bottom, you'll get the big payday on news or a market rise, but you will have earned that by the work of trading out of it over weeks, months.
Traders holding on hope are simply "deers in headlights." We all know how that works out.
Happy trades!
Holding a position on "hope and faith" that anything will come back up is not the sign of a good trader, it is more the sign of the "tourist" you describe, not the "local." You own high, you made a mistake, we all do it. Those who can keep trading out of the bad position, that's the sign of a pro.
Every sharp rise, dump half, every sharp drop, buy half back. Do that 15-20 times over several months, you can trade out of almost anything that's down 50%, or more. Once your cost basis gets close to the bottom, you'll get the big payday on news or a market rise, but you will have earned that by the work of trading out of it over weeks, months.
Traders holding on hope are simply "deers in headlights." We all know how that works out.
Happy trades!
profit can be made trading, real wealth is created via buy, hold and hope.
Real estate is easiest to way to create wealth for most people, because of the leverage the bank gives you.
That same Leverage principle....can be applied to the daily market with Options. Which is tremendously much more explOsive than the leverage you get with real estate.
But, it's much more difficult, though, for many people to have that precise timing and understanding,
The leverage with options in the market....makes the leverage with real estate look like child's play, amateur hour.
Thats why i said for most people real estate is the best way to create wealth.
You average joe is going to blow up with options, they will lose wealth.
This NFT by famed artist JMorgan, just sold for 156 ETH
