I don’t know how many of you are ex-Redfiners, but at that time we had fun with bears and bulls and dummies.
The dummies were the ones with lots of $ but soiling their pants when it was about putting their money where their mouth was.
It was revealing when Facebook’s IPO came to the bidding. Many swore to God it wouldn’t take off, and were laughing when the price came to below $20 or so. Look at where it is now.
So, I posted a topic of 6 things you may follow to make good with your investment, and Bitcoin is the fine example of those not following anything. They are just gambling, with no entry nor exit strategy. They just go by rumors, as the stock market is about many times, speculation, and they ride the wave because sometimes they based their decisions on “feelings” about the market and not about what their strategies should be.
So, no need to bet on Bitcoin going up or down. It is a new thing, and those who weren’t dummies made it big since the beginning by having a speculative mind, bet on it, and got out on time, as their personal rules require.
There will be suckers and losers, and as a new thingy, Bitcoin will get so many people caught in the innovative idea of making money so quick, but they may not be told of the implications of losing the entire dollar plus their dignity, nonetheless the fees and taxes when trying to cash in.
So, if you noticed Bitcoin when it was about couple of $ hundreds but laughed about it, consider yourself just another dummy who didn’t recognize the forest by its trees.
Bitcoin was supposed to be the only thing in the market, as I said before, the copycats will ruin the fun. Any type of crypto currency will be named, and die, but the idea is what is not going to die. Are you ready to buy when the “new thing” comes to the market? Do you know which one will be a winner?
Make your bets, the house is open! 
