Who's having fun?

deaddog said:
That is only 1/2 the story. If you look at what happens if you miss the few days of the largest drops you do much better.
According to data from Ned Davis Research. From 1979 to mid-April of 2020, the S&P 500 Total Return Index gained 11.23% per annum. Sure, if you missed the best 40 days, returns shrunk to 5.21%. How about if you missed the worst 40 days? Nobody ever talks about that, because you’d be accused of market timing. Guess what? Your returns would soar to 18.83% annually. And importantly, if you missed both the best and the worst 40 days, you actually beat the market at 12.39%.
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Yup confirmation bias at play. See, what if you missed out on the big gains blah blah ...... while completely overlooking the possibility of missing out on the big losses. Hodler-think.
 
I have thought about shorting with BTC futures-
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And you would have already got stopped out today, in just under 24 hours.:D

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Looks like I fucking NAILED it again last night. Not sure why no one joins me on this forum when I dive in on these swings.:fistbump:
 
The crypto world is filled with scammers and incompetents. Some deserve to blow up. Leverage, wheels and stupid measures deserve stupid outcome.

But what makes me wonder, is the people who wouldn't touch crypto with bargepole, but then they spend precious time of the day in crypto chats... Just to say, I told you so, I was right... it will go to zero bs.
We are all with pop-corn here, holders and ponzi believers. I don't think we will ever see 0.
 
The crypto world is filled with scammers and incompetents.
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Agreed. Just like the 'real world'.

Some deserve to blow up.
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Agreed again. Unfortunately, in your REAL WORLD, the government always steps into use YOUR tax-payer's money to bail out these fat cats and give them even more millions of dollars paid in bonuses for doing such good jobs as to bankrupt the too-big-to-fail system.

So which would you prefer?
 
The_Krakenite said:
Agreed. Just like the 'real world'.



Agreed again. Unfortunately, in your REAL WORLD, the government always steps into use YOUR tax-payer's money to bail out these fat cats and give them even more millions of dollars paid in bonuses for doing such good jobs as to bankrupt the too-big-to-fail system.

So which would you prefer?
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Between our current corrupt centralised system run by crooks Vs an idea of a decentralised system run mostly by financial incompetents?

Tough choice.
 
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