1911 Raptor wrote:
AndyC wrote:Carlson1 - please delete this thread; it's obviously run its course. I'll carry on doing my own thing and just shut my trap in the future.
Why delete a thread because people are asking questions? Is there something to hide in crypto currency?
No, there is nothing to hide, and none of you naysayers has been asking questions out of any reason other than trying to make a negative rhetorical point; rather than out of genuine curiosity about how these markets work. I think AndyC started the thread because he thought it was pretty cool stuff, and he hoped that others would compare their own investment strategies in crypto currency - that this would become a discussion of how people are doing it, NOT whether or not it is a real thing, or whether or not people are fools for participating in it.
I’ve lost interest in the discussion too. It boils down to this: those that get it, will, and those that don’t, won’t. Personally, I’ve never been a futures trader, or a stock trader, or a fiat currencies trader, or any of those things. But I have never
devoted any energy to criticizing the strategies of people who do dabble in those things, or to criticize those things themselves, or to make it sound like those that do dabble in them don’t know what they’re doing. And if they get burned, I don’t say “I told you so”. Why? Because (A) my mind is open enough to concede it possible that one can make a killing in something about which I don’t have a whole lot of knowledge; and (B) because I’d rather be an encourager than a discourager. What I’ve seen here is a lot of ridicule coming from people who demonstrably DON’T get it, and don’t want
to get it. I am reminded of a friend of mine and his sister back in California. They were each approached about buying $5,000 worth of stock in either Apple or Microsoft....I don’t remember which it was, but it was one of those two......right at the beginning
, when the company was JUST getting started. The brother, who actually had the money just laying around, said “Nah, I’ll pass. This personal computer stuff will never become a reality in any big way.” The sister, who scrimped and saved and made some sacrifices here and there to come up with the $5000 said “sure, I’m in.” She bought $5000 in initial stock in a company that became a global tech giant. Her brother became whatever he became, neither rich nor poor. She became a millionaire several times over in a few short years - off that one stock purchase.
I suspect that Andy is just disappointed in the direction the conversation took, that it is being dominated by discussion of the legitimacy of crypto trading, rather than a discussion about techniques and other ideas for those who ARE interested. I’m inclined to agree.