"if you aint buyin, you stupid" - systemnt
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Originally posted by rtp View PostToo bad these exchanges cant get their **** together. I feel like they missed a wave of new customers after Christmas/New Years that wont be coming back. Ive been trying to sign up on Bittrex for a week now and it is shut down to new users.
They need to offer some sort of incentive for signing up once they get their crap together.
Skinny
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Originally posted by stxhunter View PostIf you BELIEVE in the coin, always buy the dip. If you bought higher there's nothing wrong with dollar cost averaging. As long as you don't sell you haven't lost anything.
How does one "believe"" What are you believing in? Are you believing in what other investors say, which is this coin will be worth a lot one day? Or something specific?
Yes you do lose even though you're holding. This is as strange as saying you're playing with house money. No! If you make money it's YOUR money. You lose it then you're losing your money.
If you buy a $5 scratch off and win $100 do you buy $95 more of them saying it's house money? Heck no. You probably say you're still down $500.
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Originally posted by RiverRat1 View PostYes, I understand this doesn't apply to those who only bought with beer money. No, I'm not trying to save any grown men.
How does one "believe"" What are you believing in? Are you believing in what other investors say, which is this coin will be worth a lot one day? Or something specific?
Yes you do lose even though you're holding. This is as strange as saying you're playing with house money. No! If you make money it's YOUR money. You lose it then you're losing your money.
If you buy a $5 scratch off and win $100 do you buy $95 more of them saying it's house money? Heck no. You probably say you're still down $500.
Meaning if you like the tech behind the coin and what it will do in the real world like solves a problem which means it will be around for along time then you keep it.
All goes back to buying good coins you have researched vs pump& dump trash coins.
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