iBankCoin

Don’t Be Incredibly Greedy: Sell

I sold out of a loser today too, OHAI. Fact of the matter is, these crypto plays are all gambles. I’d be foolish to get sucked into the belief that I have “the next LFIN”, which is the mentality of a loser. Quit trying to repeat greatness, for those who try hard rarely ever do anything great at all.

I’m a net seller today, only buying into NXTD, which has traded down over the past hour. I am tempted to buy DPW, but am reminded of the innumerable blow off tops that I’ve been beaten to death by in the past, and instead have opted to jog on.

My trading account now has a lot of cash, which I may or may not use for the remainder of the year. I am comforted and ensconced in a perpetual state of winship with my quant account, which has netted me over 30% for 2017 in the easiest of manners. Going forward, I will adjust my portfolio on a monthly basis and eventually move towards quarterly adjustments. The goal here is to build a systematic engine, using big data and AI, to automate my investments — using criteria that has proven to be the very best criteria to find alpha or maximum returns.

That being said, I look forward to more frenzies and stocks climbing 5,000% inside of a day. But for now, I move to the sidelines a winner and with my dignity intact.

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16 comments

  1. CoinSpeak

    It’s dot coms 2.0. Your book should be your map for navigating this. (ordered it, haven’t read it yet)

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  2. lesurgeon

    NXTD kinda far off the HOD.. You have a stop loss on this piece of shit OR a mental note in that bald head of yours?

    Congrats on the crypto gambling win btw.

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  3. nyjag

    FLY, I’ve got a bottle of sheep ass with your name on it. Just need a PO box. If you don’t trust getting bottles in the post from complete strangers, then you got a GC from total wine coming your way. It’s the least I can do for the purely retarded $ booked today.

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    • Dr. Fly

      Thank you for the offer, but Le Fly does’t accept gifts from the working class outside the castle gates.

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      • nyjag

        I understand. To strange looks from the missus, will raise a glass of swill to Le Fly at dinner tonight … Cheers

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  4. dragun

    Wicked numbers Fly … pure alpha. Will you share some of those boring stat like max DD time to recovery, sortino etc.? Would love to see it.

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  5. it is showtime

    Any conspiracy deniers.
    Put it up. Put…… this…… up

    http://mediaarchives.gsradio.net/commonsenseshow/hr1121717.mp3

    Extra ellipses were employed, in the production of this comment, to procure, proper intrigue

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  6. Marc David

    Other than Coinbase … these other exchanges (Kraken, Bitstamp, GateHub, Bittrex, etc) have been hit so HARD they simply can’t keep up.

    The frenzy is real. And once Coinbase offers up more alt-coins and/or these other exchanges (ones that survive) get their shit together…

    It’s going to be a mad rush and 20% days.

    There’s many more people who can’t or are waiting to get in, deposit money and trade than these things can even freak handle.

    Once that gets solved… holy mama-san.

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  7. oilerua

    the first big sell ( graphs ) will happen soon , then btc as a gamble is off and finished .
    never got into what you can do with bitcoin apart illegal traffics

    probably I am as naive or stupid as jamie dimon

    even the founder sold out http://www.forexlive.com/news/!/co-founder-of-bitcoincom-sells-all-his-bitcoins-says-20171218

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  8. cancel19

    I say let it ride some MOAR!

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  9. gappingandyapping

    Just some sick fucking trades happening in 12631 the past couple days. I also bought $TEUM on Friday and sold out today for a tiny 60% gain in less than 5 hours of trading. This is the .COM market all over again and I am gonna get mines then laugh as the melt down southern frying happens at the end of it (which is going to be soon). I almost jumped off the roof of Fly’s house today seeing LFIN go retarded higher. Just an insane sick trade by Senior Tropicana only to be clown raped in the mind by the opportunity loss of millions if only it was held for another day. Such is life.

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