Dodo

Respectfully disagreeing with Leo about Crypto

366 posts in this topic

Posted (edited)

I am all in in Bitcoin since last year.My wisest decision I made 

I invested in Bitcoin since 2016 and it was always painful to invest as a beginner investor. There was one day where I lost everything. Nowadays I am more confident. All in is so simple and is the best solution to get the most out of it. It is the only asset in the world with the best risk value ratio so why not invest in it. I believe in this technology and there is a pattern in the cycle.   All in in ethereum is also an option. Just be aware of the 80% correction and hold hold hold until you get your million. That's not gambling that's good solid longterm investment and people reading this and are laughing cannot grasp this once in a lifetime chance. They think Bitcoin is still like 10 years ago where it just was used for buying drugs. 

 

 

Edited by OBEler

Share this post


Link to post
Share on other sites

Posted (edited)

Speaking of astrology, I received $20 in an esoteric cryptocurrency three years ago. I opened my wallet yesterday for the first time since then, which goes to show my level of interest in crypto, and to my surprise, it had grown to $300. It was sheer beginner's luck.

So, my best investment advice is to have no idea what you're doing. :P

Edited by UnbornTao

Share this post


Link to post
Share on other sites
11 minutes ago, UnbornTao said:

Speaking of astrology, got 20 or 40 dollars worth of an esoteric cryptocurrency for free three years ago.

Opened my wallet yesterday (after three years, which goes to show my level of interest) and to my surprise it had 300$. No idea what I did, but hey, now I have some spare money for books.

So, my investment advice: have no idea what you're doing, which you likely already do to some extent. :P

Absolutely buy and forget is the best. A long long time ago i bought ethereum at 75dollars after a bullish dream i had. In May 2017 or so i forget exactly. It was the best time to buy, if i never touched it, i wouldnt know the first thing about trading, but would be a legendary investor.

Buy and forget hehe

 


Free yourself from attachment; Free yourself from fear; Free yourself from desire; Take deep breaths through the diaphragm and train that muscle; Meditate and meld with reality; Never skip spirit day 🙏 🤲 Don't have enemies, they are you.

Share this post


Link to post
Share on other sites
32 minutes ago, OBEler said:

I am all in in Bitcoin since last year.My wisest decision I made 

I invested in Bitcoin since 2016 and it was always painful to invest as a beginner investor. There was one day where I lost everything. Nowadays I am more confident. All in is so simple and is the best solution to get the most out of it. It is the only asset in the world with the best risk value ratio so why not invest in it. I believe in this technology and there is a pattern in the cycle.   All in in ethereum is also an option. Just be aware of the 80% correction and hold hold hold until you get your million. That's not gambling that's good solid longterm investment and people reading this and are laughing cannot grasp this once in a lifetime chance. They think Bitcoin is still like 10 years ago where it just was used for buying drugs. 

 

 

If you look at xrpbtc / xrpeth charts you might find its actually a great time to be in xrp, if you believe in it, because its right now at all time lows against them, meaning if its not a flop, it should outperform them in the coming run, if we continue up.


Free yourself from attachment; Free yourself from fear; Free yourself from desire; Take deep breaths through the diaphragm and train that muscle; Meditate and meld with reality; Never skip spirit day 🙏 🤲 Don't have enemies, they are you.

Share this post


Link to post
Share on other sites
25 minutes ago, Dodo said:

Absolutely buy and forget is the best.

This is foolish. Buy and forget will often leave you with nothing.


You are God. You are Truth. You are Love. You are Infinity.

Share this post


Link to post
Share on other sites
28 minutes ago, Leo Gura said:

This is foolish. Buy and forget will often leave you with nothing.

Thats how pros invest right? Buy and hold for years. All im saying sometimes if you look, the price movements can force you to make a mistake. 

Rather people should invest what they can afford to lose and already consider the money lost - that way no emotion. 

Eth went from 75$ to 420$ then started dropping i sold it at 350$ then it went to 1.4k or what was it, the first big high and then it dropped back to 100$ from there. These big drops can make anyone do a mistake. 

Buy and forget is a great strategy, because you say you dont care what happens in the short term. I thought thats what you are doing too. 


Free yourself from attachment; Free yourself from fear; Free yourself from desire; Take deep breaths through the diaphragm and train that muscle; Meditate and meld with reality; Never skip spirit day 🙏 🤲 Don't have enemies, they are you.

Share this post


Link to post
Share on other sites

Posted (edited)

@Dodo To be clear, I was being sarcastic. I don't know what I'm talking about.

Edited by UnbornTao

Share this post


Link to post
Share on other sites
1 hour ago, Dodo said:

Thats how pros invest right?

No. Pros spend a lot of time doing research about market news.


You are God. You are Truth. You are Love. You are Infinity.

Share this post


Link to post
Share on other sites

Posted (edited)

gamble on being fun at parties

 how fucking annoying those crypto retards are, like cancers, no one want to hang out with those guys, litteral brain parasite

Edited by AerisVahnEphelia

nowhere in the bio  @VahnAeris 

Share this post


Link to post
Share on other sites
5 hours ago, Leo Gura said:

No. Pros spend a lot of time doing research about market news.

Technicals better than fundamentals. 

If chart says great buy and news say sell, i know which one to listen to and which one is manipulating leveraged traders


Free yourself from attachment; Free yourself from fear; Free yourself from desire; Take deep breaths through the diaphragm and train that muscle; Meditate and meld with reality; Never skip spirit day 🙏 🤲 Don't have enemies, they are you.

Share this post


Link to post
Share on other sites

Posted (edited)

8 minutes ago, Dodo said:

Technicals better than fundamentals. 

If chart says great buy and news say sell, i know which one to listen to and which one is manipulating leveraged traders

No chart can ever tell you to buy.

Your chart means nothing if the company has no future.

Edited by Leo Gura

You are God. You are Truth. You are Love. You are Infinity.

Share this post


Link to post
Share on other sites

Posted (edited)

31 minutes ago, Leo Gura said:

No chart can ever tell you to buy.

Your chart means nothing if the company has no future.

"Technical traders watch the price charts and take trades depending on trends, chart patterns, and mathematical indicators. In contrast, news traders only depend on the signals that will be generated in the market when a trigger event occurs"

Thats a google excerpt.

I already posted to you very meaningful charts that made a lot of gains so far, with 0 attention on news or anything other than charts. You can deny the potency of technicals, but the evidence of it working is right there on my previous replies to you which include image. Maybe you skimmed over.

Same technical tells me to look for possible top at 100k-105k range, if that level holds, i am definitely hedging my bet the other way. 

Edited by Dodo

Free yourself from attachment; Free yourself from fear; Free yourself from desire; Take deep breaths through the diaphragm and train that muscle; Meditate and meld with reality; Never skip spirit day 🙏 🤲 Don't have enemies, they are you.

Share this post


Link to post
Share on other sites

@Dodo As I said, astrology for men.


You are God. You are Truth. You are Love. You are Infinity.

Share this post


Link to post
Share on other sites
9 hours ago, Leo Gura said:

This is foolish. Buy and forget will often leave you with nothing.

Leo, on a long enough time scale the market will grow and your portfolio with it.

You could not put your effort into something else and generate even more money instead of doing market research. 

Buy and forget is a relatively good strategy for normal people.

Even hedge funds who have trained professionals who do market research full time cannot beat the s&p500 over a decade. So what research is the normal people going to do in such a limited time? 

Share this post


Link to post
Share on other sites

Dropped a new chart on Tradingview, my initial measurement appears short sighted,  this is the logarithmic chart target, 159k.

Then we might experience another bear cycle , but as you can see they usually make it hard to sell even then, by returning to the high and asking the question, least what they did last time. 

Y6hWCSXZ.png


Free yourself from attachment; Free yourself from fear; Free yourself from desire; Take deep breaths through the diaphragm and train that muscle; Meditate and meld with reality; Never skip spirit day 🙏 🤲 Don't have enemies, they are you.

Share this post


Link to post
Share on other sites

Posted (edited)

2 hours ago, Bobby_2021 said:

Leo, on a long enough time scale the market will grow and your portfolio with it.

You could not put your effort into something else and generate even more money instead of doing market research. 

Buy and forget is a relatively good strategy for normal people.

Even hedge funds who have trained professionals who do market research full time cannot beat the s&p500 over a decade. So what research is the normal people going to do in such a limited time? 

Depends on what you are buying. An ETF, okay, sure. But I was speaking about individual stocks or things.

If you just want to doing long term ETF investing I got no issue with that. That is not gambling.

Edited by Leo Gura

You are God. You are Truth. You are Love. You are Infinity.

Share this post


Link to post
Share on other sites
On 11/22/2023 at 6:08 PM, Leo Gura said:

The key is not to fool yourself into thinking that you know what these coins will do in the future. Much of crypto investment is based on self-deception. The deception that you know what is gonna happen in the future. The truth is that you do not know, no one knows, and you are just guessing. You could guess right but most likely you will guess wrong.

I see many crypto people decieve themselves that they are doing something more than guessing. That is what makes this so dangerous and unsound as an investment. With crypto you are engaging in wild speculation but you rationalize it to yourself as something more than that.

This can be said with all predictions for the most part. Speculation is always like this, but speculation, analysis is how humans have survived and gotten this far. Through trial and error. The trials with awareness lowers the margin of error.


You are a selfless LACK OF APPEARANCE, that CONSTRUCTS AN APPEARANCE. But that appearance can disappear and reappear and we call that change, we call it time, we call it space, we call it distance, we call distinctness, we call it other. But notice...this appearance, is a SELF. A SELF IS A CONSTRUCTION!!! 

So if you want to know the TRUTH OF THE CONSTRUCTION. Just deconstruct the construction!!!! No point in playing these mind games!!! No point in creating needless complexity!!! The truth of what you are is a BLANK!!!! A selfless awareness....then that means there is NO OTHER, and everything you have ever perceived was JUST AN APPEARANCE, A MIRAGE, AN ILLUSION, IMAGINARY. 

Everything that appears....appears out of a lack of appearance/void/no-thing, non-sense (can't be sensed because there is nothing to sense). That is what you are, and what arises...is made of that. So nonexistence, arises/creates existence. And thus everything is solved.

Share this post


Link to post
Share on other sites
3 hours ago, Leo Gura said:

But I was speaking about individual stocks or things.

It's reasonable to assume that stocks also rise over time. You can diversify the portfolio to override any crash of individual stocks.

If you go on researching on this stuff, it will drive you nuts. Researching should not take more than a week. 

Not only are there too many variables to comprehend, but most of those variables will cancel each other over a decade.

So buy and forget does apply to stocks as well. 

Share this post


Link to post
Share on other sites

One day, this house of cards will collapse and all bitcoin millionaires will realise they own thin air.

Once everyone will try to sell their Bitcoin at the exact same time, only a few guys that are fast enough will profit. Others will not even get their initial investment back.

Share this post


Link to post
Share on other sites

Posted (edited)

3 hours ago, FourCrossedWands said:

One day, this house of cards will collapse and all bitcoin millionaires will realise they own thin air.

Once everyone will try to sell their Bitcoin at the exact same time, only a few guys that are fast enough will profit. Others will not even get their initial investment back.

thats for everything, including stocks and gold. You better hope not.  

Crypto is the email to gold's mail. I dont get why many have a problem with technology. Too old? 

Edited by Dodo

Free yourself from attachment; Free yourself from fear; Free yourself from desire; Take deep breaths through the diaphragm and train that muscle; Meditate and meld with reality; Never skip spirit day 🙏 🤲 Don't have enemies, they are you.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!


Register a new account

Sign in

Already have an account? Sign in here.


Sign In Now