Catching a falling knife

[guest_trader_1]

It probably is. But then again, your sarcasm might not be that good

I disagree, sarcasm is at its best when someone squared doesn't get it. You are the living proof that is good.

 

[margin_gamble]

Bitcoin

 

[VicBee]

I tried to avoid a falling knife but failed and ended with 17 stitches, sliced nerve and artery of my pinky finger. But that wasn't as bad as the falling knife of loosing 50% of gains from the previous year.

 

[TheDawn]

Catching a falling knife is fun only when the knife doesn't keep falling after you caught it.

 

[TheDawn]

I tried to avoid a falling knife but failed and ended with 17 stitches, sliced nerve and artery of my pinky finger. But that wasn't as bad as the falling knife of loosing 50% of gains from the previous year.

Losing 50% of the gains?? Yikes... Seeing how insightful your posts are on ET, I am a bit shocked at this confession.

 

[VicBee]

Losing 50% of the gains?? Yikes... Seeing how insightful your posts are on ET, I am a bit shocked at this confession.

I'm a fairly transparent person and derive no ego boost nor shame from trading gains and losses. I try to learn and hopefully make fewer errors. On the other hand I'm not afraid to take risks, and risks and a two edges knife.

 

[Tokenz]

The falling knives?

Haha, that was actually funny

 

[Tokenz]

Uhhh??
You do realize that BTC has lost 66% of its value in the last 12 months compare to 25% for the S&P.

Duh, what else can you expect out of something that gains over 2000% in value over 10 years? Tell me something I don't already know!

 

[Tokenz]

Well you are completely proven wrong. Bitcoin underperformed the stock market in most regards this year and over the past 12 months as well. That's a statistic not my opinion.

But what about the last 10 years? Or it's entire lifespan? Ahhhhhh, need to think before you speak. I'll just pretend like I didn't hear your last comment that made absolutely no sense

 

[Innervoice]

I always wait for a stock to base and then methodically put in a stop under the base.
Otherwise you will take big losses.