tarmi
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April 04, 2014, 03:54:30 PM

It was following a rumor and an official denial by the PBoC a week earlier.  Buy the rumor, sell the news or in the case of bad news, sell the rumor and buy the news. That wasn't my mistake. My mistake was not paying attention to the technical indicators, the same indicators that are now saying a substantial move up is very unlikely in the near future.

I don't understand. You boast about how you bought your stash at $10, which means you've got hundreds if not a thousand coins, then you trade with leverage. Why would you do that? Especially since you say you have a stash in cold storage. Why not just sell and buy like a regular dude if you've got all this money, and not have to cave in at the whims of the sharks at Bitfinex?


yeah, he sure bought for 10!

two weeks ago he was talking about his mortgage money coming to buy all the cheap coins @ 550.

 Cheesy