fact: you suggested people hold on to assets that dropped 90% Doesnt matter if they bought at 1 cent or the top . Bad call.
Do you miss the disclaimers that I put on my posts, something like this *** Post is for entertainment purposes only *** or sometimes it's a simple NFA Anyway, I'm an anonymous poster and I don't take any money from anyone, nor do I charge people for stuff I post Everyone should be responsible and do their own DD and manage their investment risks and capital allocation ----------------- How about you, Jack, do you ever tell anyone you're just a clown poster and should not be taken seriously?? Bad call, Jack
Well if the asset dropped 90% and then gained 1000% a couple of years later, would it still be a bad call?
Wouldn't be that great a call. After a 90% drop a 1000% gain would only give you a 10% return. And 10% over 2 years ain't nothin to write on ET about.
from the trader's viewpoint, that is a very bad call. from the long-term investor's viewpoint, that might be a good call.
Bitcoin like any tech in the past had its moment, pumped by the Tether scam. Scams don't last forever, eventually they are done, and the poor souls that believed on it lost everything. We are just seeing another example of whales' money going somewhere else.
I think you're a bad trader if you sit through that drawdown. Unless you are well hedged, in which case it's up to you.
A little soft skin there, eh? Not every remark and points that you dislike are personal attacks even if you think the universe revolves around you. OP made some very valid points, you attempted to hammer into all of us for months/years. Yet here we are all of them debunked. Perhaps instead of playing the hurt little poodle you may show some introspection and admit that the pig is not all that shiny after all...