You could just use some random generator (up or down, there are a lot of up/downs on side markets either) to predict the today’s market.
Simply, you were just lucky, as the other ~50% of the traders/gamblers, but it does not mean anything. It’s like predicting what the weather will look like on next Tuesday. You can make statements based on the current and past observations, but it does not mean anything. There will be always somebody who is right, even after series of right bets. Does this mean he/she knows the future? Nope, he/she were just simply lucky and it’s just statistic as almost everything in our life (besides functional analysis and other stuff).
Indeed…it was just luck, reason why I used the term “my crystal ball” to indicate the humor…nonetheless, the trend is clearly downwards, and it has been since “December Madness”, on February 6 BTC hit 6K…the crypto market is so irrational that one may “forecast” either way and there is a 50% chance of being right, I just still have this “gut feeling” that a lot of people who bought at 6K (on February 6) have been selling to collect profits (it went up to almost 12K by Feb 26)…I think this is just a similar cycle…
Yep, and this is where the game theory comes in.
@JamPhish I feel your passion and understand your position. You have a Phriend. I also would recommend going to Curveball. I will be there and maybe we can talk ADA.
Peace.
Might not have to wait two weeks for 7k 
But for the trader’s… How does your stomach feel? I get queasy on roller coaster’s myself, especially at times like this.
HODL and/or adopt Dobie guy’s, everyone needs a little good luck to get through a steep slide.
I think deft traders are feeling great
Few and far apart in crypto, good thing most of the ADA traders believe in the platform.
Curveball?
My model has just been blown up!
I take it back. It looks like there are a couple of events. I don’t know the extent of this Google ban but I think regulation has a greater impact. I’ve gotta think this through.
Actually, some things just shouldn’t be public knowledge, it will just prolong the inevitable.
And here I have been typing for a little bit when your post comes up, maybe some of that text ought not be on the forum, haha, I canceled it, you might be right.
I have just bought some BTC and will do it again and again until it goes down.
If it reaches 1K, then I will sell all my other investments and will all buy in and I am not joking.![]()
Might have to sell my kiddos if it hits 1k, might be hard to hold anything come June July when it is time to take a vacation.
I just do not understand how the heck ADA is so tied to bitcoin, is the Korean fiat only as good as bitcoin or what?
$0.17 wow. just wow.
Right now crypto is pure speculation fear’n’greed. Until some serious dApps underpin this, all value is just an illusion.
It’s also kind of funny, when people say “hope it goes down more, so I can buy more”, because you will feel different when it’s at 50% or whatever, you will be wondering if it’s gonna go to zero.
I meant by “my other investments” that are not in crypto space. It’s a kind of playing money for me, that’s why I am not really affected by emotions caused by crypto space, but laughing at myself when I make mistakes.
I did not say “hope”, I just said “until”, that’s not the same. It simply just means, that I am not affected by emotion cos I am not psychologically attached to my crypto investments, but to the ideology that created bitcoin and if that fails, then I will just laugh at myself, how naive I was to beleive that the human race can change in this very short period. So, the “hope” is just for that this could change the world and NOT for going to the moon w/ a lambo.
Yes, there is some contradict in the sentences above, cos why I am buying then or why I have any? Cos, I am a kind of rationalist, means if it will success then I (I meant my family) will have some other benefits besides the main idea.
Another thing I hear a lot is “I believe in the vision, I don’t care about making money” – well, if that is true, just write a check to the foundation and walk away… obviously people ARE all about making money. And if values drop too far, the holdings (reserve ADA) of the foundation will be worthless, so there won’t be anymore development. But even more importantly, there will be no use for the technology as a currency, so we will have developed pointless blockchains with no use, lol.
I wasn’t really responding to you in the last post, just the thread in general.
I’m not complaining, just observing. As you say; I think there is a real question if the human race (beyond token speculators) can accept cryptocurrency. This is a seismic shift psychologically, a bit like the introduction of fiat.
@anon20038177, since I am not a daily trader, my stomach and emotions are detached…I am just patiently observing/waiting for BTC (or ETH) and by consequence ADA to reach the price point I am looking for to purchase more. My plan for ADA is a 5 year plan, what it does in between does not affect me…I am looking for 10 USD a coin by March 2023…
don’t miss it!
My, the serious quantity buying range is coming on to the radar screen…