RETIRED2017
Registered User
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Good if you are not working go and have a good sleepRecovered 10% in 24hrs to$11,294
Good if you are not working go and have a good sleepRecovered 10% in 24hrs to$11,294
Good if you are not working go and have a good sleep
Well the best of luckWatching the snooker. I was thinking of cuting my losses on John Higgins earlier but held firm. Still a bit of work to do, but looking good for a win now.
Someone making a few euro/Pound now and again every day,
Someone making a few euro/Pound now and again every day,
Thanks I already know , What is interesting people who have 400000 in the stock markets growing slowly over several generations panic faster than people who built up 400000 in bitcoins which has grown by 1500% over a very short time frame may be slower to panic ,There are traders who are buying and selling for short periods of time thinking that they can predict short term movements.
No one can. We can predict the long term price of it. But we don't know when it will reach that or the path it will take.
Brendan
people who have 400000 in the stock markets growing slowly over several generations panic faster than people who built up 400000 in bitcoins which has grown by 1500% over a very short time frame may be slower to panic
A person who bought 20000K worth of bitcoin in January 2017 the same bitcoin still worth 200000K today lots still think of it as a 20000K investment they are not going to sell unless there 20000K is in trouble,Interesting point, but is it based on any evidence? It does seem that way, but I am not sure if it is or not.
Most long term stock market investors don't panic during falls.
There doesn't seem to be a sense of panic among Bitcoin owners. There should be, though.
Brendan
It's about $9,500 now which is 50% of its peak of $19.343.
Brendan
Me thinks 9k is a new resistance point..
You must be right... $8,600 now so not much resistance it seems.With respect, this is a meaningless concept used by technical analysts to explain what happened yesterday. It has no predictive validity
Anyone who borrows money to 'invest' or 'speculate' is a moron - full stop. That isn't an exclusive deal related solely to cryptocurrency. Paddy Power sees 'investments' on a daily basis in Ireland. The same people exist in conventional stocks. Bear in mind these companies who's share price has gone up because they changed the name and included some buzzword related to cryptocurrency. That's some research that goes into stock picks by those individuals!I have encountered some morons over the last number of weeks who have borrowed to buy this garbage and whose entire wealth is tied up in it.
That said, I cashed out the other day having made a 4275% gain on a modest initial investment.