BitcoinShort
You do not know the future, stop telling people you do.
Updated
I honestly wish everyone in the market well and I hope things work out for the bulls. I'm not a salty person hoping people lose just for the sake of it, but some people really need to get a grip.
Every single time I discuss crypto here people DEMAND I adopt their point of view. Even although I thoroughly explain my methods. Have a track record of catching many epic swings here and tell them I've used these patterns for a living for over a decade.
They still insist I change my view to theirs, and most of the time theirs is a YouTube video.
YOU DO NOT KNOW THE FUTURE.
Stop, literally, telling people what to do. You're not qualified to tell people what to do. And you do not know if you'll ne right.
You just think you do.
And that ... makes you foolish.
The idea just because you think something is right that means you know the future outcome of speculative markets is a delusion.
Sadly, it's one usually only the market will resolve.
If you're wrong ... your not going to be accountable. Are you? There's no exit plan.
There really is no plan.
Stop insisting people follow your no plan.
Not everyone wants to gamble on you knowing the future.
Every single time I discuss crypto here people DEMAND I adopt their point of view. Even although I thoroughly explain my methods. Have a track record of catching many epic swings here and tell them I've used these patterns for a living for over a decade.
They still insist I change my view to theirs, and most of the time theirs is a YouTube video.
YOU DO NOT KNOW THE FUTURE.
Stop, literally, telling people what to do. You're not qualified to tell people what to do. And you do not know if you'll ne right.
You just think you do.
And that ... makes you foolish.
The idea just because you think something is right that means you know the future outcome of speculative markets is a delusion.
Sadly, it's one usually only the market will resolve.
If you're wrong ... your not going to be accountable. Are you? There's no exit plan.
There really is no plan.
Stop insisting people follow your no plan.
Not everyone wants to gamble on you knowing the future.
Trade active
Further to not everyone wanting to gamble on you knowing the future, some people would consider it an extremely bad idea to listen to someone who insist they know the future.
To be honest, the only people who do not think that are inexperienced.
And they'll be the ones that pay the price of all future knowing if it turns out it was wrong.
Trade closed: target reached
Thank you to everyone in the comments that pointed out I do not know the future.
That was a valuable feedback.
I'll note that.
Note
The funny thing here is from the outset I've always explained my strats are being used for reversals and then consistently pointed out resistance levels and support levels.
Bought at support. Sold at resistance. Probably have more lows in BTC than most people posting here - and people just pretend none of that happened.
I've fully disclosed my expected win loss rate and consistently hit that year after year after year.
You'd think this would be a notable metric on a trading site, but it's largely not.
Note
This is a map of my long/short swing levels posted here over the last couple years.
These are verifiable via my backlog of posts.
But the comments here would have you think I shorted at 5K and watched it run 20* against me saying it was going to crash every day.
Intellectual honesty does not rank high here.
Note
There are two maybe levels I shorted BTC and it did not drop 20%. Which, to me, is an acceptable hit rate.
And I was not short any of the parabolic rallies. Quite the inverse, if we're honest.
Note
I think the problem is these days people are largely conditioned to think all analysis points to what the person wants rather than it being a probability assessment and planning for different contingencies.
I've a very simple philosophy when it comes to major events, if there's even just a 5% chance it will happen, I plan for how I'll deal with it.
Because I do this for a living and I'd rather have a redundant plan that I can easily drop 95 times out of 100 than risk going broke once.
Note
People have emotional attachments and project those onto everyone else. Some of us to do not have those attachments. All I am doing is using consistent betting patterns around fib levels.
These two moves are exactly the same to me.
I don't care either way. Neither of these moves is going to change my life. I'm always capping my exposure on any trade at 2%. I'll not have a big loss with the wrong bias on either of these and I'll not make an amount of money that will change the way I live my life hitting either one of them.
People push FOMO saying if I don't buy BTC now I'll have to buy it when everyone needs it later. I don't care about that. I can buy things if I need them. If BTC becomes something of utility, I'll buy it. No problem.
When it's something of speculation, I'll use technical strategies to deal with the risk.
Note
People who make decisions on the market based on ideology and people who make tactical probability based bets really should not mix. It's inevitable they'll disagree.
I'm doing my bit. You don't see me on your posts telling you to be me. Won't see me in any BTC hodl groups telling them to short.
IDK why people can't let us discuss our models the way we leave you to discuss yours.
Note
I say this all the time ... if you just want to discuss bull only thesis' on BTC (or whatever) using only the popularly accepted BTC models ... there are a lot of places for that.
It takes a far simpler website. You don't need all the nice tools. You just need a BTC chart. The date and everyone sitting around talking about how awesome it is to be in 9insert part of the cycle).
But this website has a lot more features. Some of us like to use them.
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