Loading ...Gold Log Chart – Apex Backtest In Progress
Hello again fellow Tenters. You might remember this. I posted it a while back now ( mid September)…
Well, shit got real, as they say. This is how it’s panning out…
All looking good to me (but I am hiding behind the couch and peeking at the screen between my crossed fingers)
Meanwhile, buttcoin to infinity 😉
Buttcoin’s where its at dude, it’s the future.
Maybe. I took the plunge and bought Buttcoin when it was $3000. I sold today when it hit $18000. I held on as long as I dared, and it may go much higher but 600% in a few months seemed enough. I’m still holding some shitecoin and etheribum 😉
Very well done.
For me, it was just a case of “more 0’s & 1’s in RAM – no thanks.” Digital fiat if you like. That being said, I could well be wrong.
In terms of the theory of money, in order for something to be used as a currency, its value needs to be relatively stable over time.
It’s value can’t fluctuate wildly because one of the requirements of something to function *as* a currency is that “it is a unit of measure.”
So, as of now, Bitcoin ain’t a currency, regardless of what it is called. It is seems to be a new type of asset class and could well morph into
a new type of Ponzi scheme. Time will tell.
I’ll be honest – I haven’t a clue what Bitcoin really is, but I sensed a bubble in the making and only risked what I could afford to lose.
Gratz on bitcoin. One of the hardest parts of trading is staying in the trade once it moves in your direction. Anyway, I’m digging your gold charts – this seems to be the next logical stop. Although who knows if it’ll be the last with rates & infrastructure – if that ever happens.