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I just bought $200,000 of Bitcoin

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Sold polkadot for a hefty profit. Now just need Bitcoin to go up $2000 and I'm in neutral

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  • Are you posting to boast you can afford to write off the money or to tell us about your mental health?

  • Could evaporate much faster in crypto!

  • As far as I can tell , it is pyramid scheme dependent on the greater fool theory,  Schemes like that work well until there is no greater fool and you are the greater fool. 

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1 hour ago, Pravda said:

Sold polkadot for a hefty profit. Now just need Bitcoin to go up $2000 and I'm in neutral

It would be foolish to sell when you are even! 

  • Author
4 minutes ago, Neeranam said:

It would be foolish to sell when you are even! 

 

I won't. But I sold dot in case the market goes down.

1 minute ago, Pravda said:

 

I won't. But I sold dot in case the market goes down.

I just bought some DOT! 

11 hours ago, Sparktrader said:

 

Screenshot_20220227-014839_Chrome.jpg

Can you explain these 3 charts?

 

RAZZ

  • Popular Post
1 hour ago, RAZZELL said:

Can you explain these 3 charts?

 

RAZZ

Sure! "technical analysis" at glance:

 

index.jpeg.293810ffaff8a24008db2219e873758d.jpeg

 

 

Linear regression 200 top

Dpo middle

Dma lower

 

(Charts dont predict future, they describe the past)

 

Whats the best predictor of future behaviour? Past behaviour.

 

Same with house prices or anything.

 

 

 

4 hours ago, Sparktrader said:

What u want to know

Well, 

 

Linear regression 200 top?

Dpo middle ?

Dma lower - Daily moving average?

 

 

RAZZ

39 minutes ago, RAZZELL said:

Well, 

 

Linear regression 200 top?

Dpo middle ?

Dma lower - Daily moving average?

 

 

RAZZ

Detrended price oscillator

Distance from moving average

On 2/26/2022 at 1:17 PM, Sparktrader said:

He ran a ponzi scheme.

Just like bitcoin.  An investment that seemed to "good to be true" 

  • Popular Post
1 hour ago, Longwood50 said:

Just like bitcoin.  An investment that seemed to "good to be true" 

Bitcoin is legal and currency not an investment fund. If you dont know the difference no wonder you missed out.

56 minutes ago, Sparktrader said:

Bitcoin is legal and currency not an investment fund. If you dont know the difference no wonder you missed

Yes I am aware of that.  I am merely pointing out that throughout time there have been "fabulous" investment opportuntities that "can't miss"  

The old adage is, if it seems to good to be true, it most likely is.  

Good luck, take your profits and run. 

On 2/27/2022 at 10:50 AM, Sparktrader said:

What u want to know

Where do you find the time to trade and study the charts

when your never off here ,pushing others to buy Crypto,

because you have made a killing on it, is it out the kindness

of you heart, 

regards Worgeordie

56 minutes ago, Longwood50 said:

Yes I am aware of that.  I am merely pointing out that throughout time there have been "fabulous" investment opportuntities that "can't miss"  

The old adage is, if it seems to good to be true, it most likely is.  

Good luck, take your profits and run. 

Amazon

Facebook

Twitter

 

They are real

 

 

54 minutes ago, worgeordie said:

Where do you find the time to trade and study the charts

when your never off here ,pushing others to buy Crypto,

because you have made a killing on it, is it out the kindness

of you heart, 

regards Worgeordie

No I dont care that much. Just talking. Never said I made a killing.

 

Just pointing out its better than fiat. 

 

Why is it people cannot handle facts?

1 hour ago, Longwood50 said:

old adage is, if it seems to good to be true, it most likely is.  

Btc is true. 13 years old.

 

You shouldnt expect 10,000%. You invest to hedge against inflation.

 

 

7 minutes ago, Sparktrader said:

Amazon

Facebook

Twitter

Yes,

 

They have "tangible assets"  And they are income producing.  

2 minutes ago, Longwood50 said:

Yes,

 

They have "tangible assets"  And they are income producing.  

Fiat has no income.

1 hour ago, Longwood50 said:

Yes I am aware of that.  I am merely pointing out that throughout time there have been "fabulous" investment opportuntities that "can't miss"  

There's a good chance you mean we'll, I'm not sure. 

 

How many years have you been telling people Not to buy bitcoin? 

6 minutes ago, Sparktrader said:

Btc is true. 13 years old.

World Com  Formed in 1983 19 years later bankrupt proved to be a fraud
Tyco Formed 1960 bankrupt 2002 bankrupt
Enron formed 1985 bankrupt 2001 
Bernie Maddoff - 1980's started fund, 2008 ponzi discovered

The fact that Bitcoin is 13 years old proves nothing. 

Obviously you know more than the person who is acknowledged as the most astute investor of all time. 

image.png.d0144e7c4e1bdc279e3339e4631e2b51.png

 



 

17 minutes ago, Sparktrader said:

Fiat has no income.

You  really don't understand investing do you?  Fiat may not have income and for that matter companies like Tesla, and Amazon lost money for many years.  The value is the multiple of 'EXPECTED' earnings.  

Bitcoin never earned a penny nor will it ever earn a penny.  If it was thought that Fiat would never earn money again its value would drop to the tangible value of liquidating its hard assets, the plant, machinery, equipment, accounts receivable. 

If bitcoin was "liquidated" at its tanglible value it would be ZERO. 

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