WTF is doing all the selling?

Discussion in 'Crypto Assets' started by chasinfla, Feb 23, 2022.

  1. If there is one thing I've learned from millennial traders (uhhh long-investors) since January.

    1. They are all geniuses
    2. It is not their fault their portfolio tanked into the red.

    You see, it's the Market's fault. The market OWES them profits, because they are so smart. If only the Nasdaq bubble didn't burst, they'd be all rolling in money right now. See?

    You can't blame a proven 1-year track record of profits, just because the market decided to go bearish the next. Not their fault! No one could have seen THAT coming because stonks only go up you dumb boomer!
     
    #51     Feb 24, 2022
    Bugsy likes this.
  2. If there is anything i have learned in this past 10 ten years, after losing everything time after time, and becoming homeless multiple time and sleeping in central park park benches ... is that skill superseeds experience... which means that it does not mean how experienced you or how many years you traded.... if you punch the wall and cant handle a loss, you shouldnt be trading. People that can handle loss are the ones that win in the end. You have to be brought up with discipline which causes mental stability in the long run. But most people think trading is a get rich quick scheme. Exactly the opposite of the goal. Day in, Day out 100$ a day will allow you to be your own boss and have your place where you can sleep in peace. The market is a trap for greedy people
     
    #52     Feb 24, 2022
    zdreg likes this.
  3. Freaking Coinbase dropping the ball repeatedly today with repeated blackouts on data feed.
     
    #53     Mar 4, 2022