For the crypto fans a downtrend is just a small correction, a retracement before the next move up... that maybe one day will not come anymore. They don't see a downtrend as start of a crash.
Then there will be others who are sitting on the sidelines waiting for the next 80% drawdown to back up the truck and hodl for 1000%+ gains. Well, it's always worked before...
But you do all mighty one. When exactly? LOL you can run but you cannot hide:- [ QUOTE="virtusa, post: 5507768, member: 517719" ] For the crypto fans a downtrend is just a small correction, a retracement before the next move up... that maybe one day will not come anymore. They don't see a downtrend as start of a crash. [ /quote ]
This is true. But I have a choice, I don't have to use a credit card to make a purchase. I know it would make my life that much more difficult but it is still a choice. When the electric power is off for any reason I can't spend with my credit card but I can with cash.
See I understand you are not a believer but you are making distinctions where there are none. You have a choice not to buy/sell bitcoin too. I like chocolate ice cream, some like vanilla. Choice is a good thing.
Very true. I'm just voicing my opinion that I don't think that crypto is a good investment at this time. It's my opinion and I feel that everyone is entitled to it.
When the electric power is off for any reason you cannot do anything with your crypto's. And there are no real crypto coins so cash is impossible too.
You seemed to have missed the distinction that John gave you about how BTC addresses are generated and used. Now you are repeating yourself based on a false premise and understanding. Happy for your success and passing a vocation onto your son. It's cool, crypto/trading is not for everyone.
This recently happened to me. Power went off. Com lines and data were still up and I could continue trading on my phone. Oh, no cell reception here, hop to another area where there is. Have you recently checked PoS credit/debit terminals? Newsflash: They all run on power and DON'T when there is none. There are folks pre-emptively solving a non-existent problem; https://www.wired.com/story/cypherpunks-bitcoin-ham-radio/