JayJuanGee
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How much alt coin diversification is needed? 0%?


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February 03, 2017, 06:41:04 PM

PoolMinor is too bearish. Did he sell at the bottom?
quoted for when I am correct in the soonish drop followed by another small rise followed by another small drop, followed by a steady sideways before any to da moon scenario.

No I did not sell at the bottom. I buy on the way down and sell on the way up, simple strategy as a chartist trader.

No one is saying that you don't have a decent chance of being correct in your description, but you seem to be giving way too much precision to such prediction and also trying to suggest that such a drop is pending at this particular moment... Sure there is a chance of it.. but also there are decent chances that from this particular point prices could go up another $25, $75, $200 or even $500 before such "inevitable" drop occurs.  So under which scenarios are you going to claim to be correct? 

And, really, who fucking cares...?  I mean people are largely in agreement that there are ups and downs and there are waves... and at the same time it is prudent to prepare for both ways.. so yeah, hopefully if guys are believing down is pending, they are not selling 50% of their stash because they feel such a prediction, but selling 10% can still be very profitable and prudent, but I prefer selling much smaller amounts (yet that is me).  I already sold more about 2.5% of my stash in the rise from $800 to present, and even with that, sometimes I am feeling like maybe I sold too much - because there have not really been any decent dips to buy back... so I don't mind another dip... if it is going to come, then it is going to come...

Wow.. as I am typing, I just saw an immediate sell of more than 700 coins on stamp at $1013?   Wonder if that means down?