Investors ditch the euro and pound for Bitcoin in record numbers as their value plummets

[johnarb]

I guess we define at it differently. I take very little risk! I know where I'll bail if a position moves against me. Both times BTC tried to breakout in the last year I've opened a small position and been stopped out. That's speculating. Now gambling on the other hand is holding and hoping.
No one knows the future. Anything can and will happen.


Yet you are posting trades and encouraging others to trade???

I'm seeing a shift away from buy and hold to trading. Up until a month or so you never saw any posts from Jonnyarb about trading. Now we seem to be getting posts every day or so about your trading exploits.

Yes it's still difficult to understand your position on trading. What are you going to do if Ethw starts to tank? Hold and hope?

You and the others I mentioned are always so sure of telling the Bitcoin and crypto investors to sell the top price of $59K

If you (others included) knew that btc was going to go down over 70% then you should have shorted on the way down.. It's idiotic to make all kinds of excuses not to short and make tons of profits. Find a way to short and get it done

There you go again on Ethw suggesting I'm making a mistake buying and holding and trying to get me to trade what is obviously a crypto investment that I plan to hodl for a while

No, I will not sell Ethw when it goes down and plan to add when it hits $7 or lower

I'm not a trader and will not be trading a crypto asset investment

I'm posting trades to call out all of you so called experts at calling the top price when none of you guys shorted paypal, meta, btc, eth, nflx

I'm here putting money at risks on trades and all of you have not shown anything, no screenshot, no trades, nothing

All talk, no action

 

[maxinger]

Investors ditched the euro and pound for BTC in record numbers
as their value plummets.

And BTC continues to remain at around 19000 for the past few weeks.

_______________________________


ie those investors just bought a tiny amount of BTC.

 

[deaddog]

All talk, no action

That's right! And you won't see any action until the trend move up. I don't short. Too much risk. I'm quite content to sit in cash right now and wait for the next bull.

I'll always suggest that you get out of an investment when the trend changes. There is very little downside. If you are wrong you can get back in and if the trend continues down you can re-enter at a much lower cost.

You don't have to call us out. I'm sitting mainly in cash and quite happy where I am.

 

[johnarb]

That's right! And you won't see any action until the trend move up. I don't short. Too much risk. I'm quite content to sit in cash right now and wait for the next bull.

I'll always suggest that you get out of an investment when the trend changes. There is very little downside. If you are wrong you can get back in and if the trend continues down you can re-enter at a much lower cost.

You don't have to call us out. I'm sitting mainly in cash and quite happy where I am.

Ok, fine. things are defined properly now

You're not a trader, a speculator, buy long only, and mostly in cash

Maxinger is a trader and does trades and from what I read, he shorts, too

Pekelo claims to be a trader, but no trades that I know of

I'm an investor and more specifically, a crypto investor and a Bitcoin maxi. You may not agree with my methods of not selling the top, which I cannot predict to be the the top, but it has worked for me

My "investing" method has my initial capital of funds borrowed from credit cards into over $2.3M at the peak and was able to cash out enough to quit my job, and be jobless for over 1.5 years waiting for the next bull market cycle

I don't want to change my ways to your method of a speculator mostly in cash, nor to be a trader

My trades a hobby at this time, when the bull market arrives, will not be spending time on this but focusing on finding crypto asset investment opportunities to buy and hold

 

[deaddog]

I don't want to change my ways to your method of a speculator mostly in cash, nor to be a trader

Fair enough. Maybe when you get a little older and the roller coaster ride isn't quite as exiting you'll have a change of heart. Keeping drawdowns to a minimum isn't all that exiting but it is quite relaxing.

Just an aside, when opportunity presents itself I won't be mostly in cash.

 

[TimtheEnchanter]

You're not a trader but a speculator? Ok, got it. Everyone's a speculator who takes risks, also called a gambler

No, I do not like trading, I already mentioned on a post, It's not fun to stare at charts for hours waiting for an entry or exit

I'm a buy and hold. I'm sure you saw on another thread I put money on Ethw since you posted there, so not sure why you're trying paint me as becoming a trader

I've made more on Ethw than all this messing around on day trades. And I have not sold and have no plans to sell. Tell me, is that too difficult for you to understand my position on trading vs buy and hold?

So basically you are hedging a core BTC long with short term short futures? Hmm, so far so good but I think on the long run Gold will win! (and R/E) when the dollar craps out (and eventually it will gold will shine and nobody knows where BTC will hold (which is in effect useless except as pseudo gold). I would not put even 1--percent of my assets into BTC, (I am not rich, but I hate to lose big). Peeps(hodlers) who bought at 40k and above are sucking their thumbs and lap up all the "positive BTC fluff" on the net) - the question is; you win on short term short futures, do you buy BTC?

 

[johnarb]

So basically you are hedging a core BTC long with short term short futures?

No, this is not the case at all. The btc and eth leveraged short term trades are only for passing the time

Over 90% of investment portfolio is in Bitcoin and crypto assets. No stocks. No real estate. Some gold in the form of jewelry

 

[TimtheEnchanter]

No, this is not the case at all. The btc and eth leveraged short term trades are only for passing the time

Over 90% of investment portfolio is in Bitcoin and crypto assets. No stocks. No real estate. Some gold in the form of jewelry

I like a man with brass balls...

 

[johnarb]

I like a man with brass balls...

Touche'

From my point of view, it's the other way around

That does not make sense now... and I hope none of us ever see that time

i just want the Fed to start printing money again so we can have the bull market in stocks, bonds,, R/E and cryptos again

 

[TimtheEnchanter]

The only solid safe heaven if farmland and real estate (plus a little gold). Crypto is a new age tulip mania. Soon with the 2-year Treasury will pay 4.75 and that is a little help too...with inflation as it is, CBT SHOULD be back at 50-60K, and I am curious as why not?