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Re: WiseYoda post# 21948

Thursday, 12/24/2020 1:44:48 PM

Thursday, December 24, 2020 1:44:48 PM

Post# of 36016
XLM was also down quite a bit yesterday. Bounced strong today.

Holidays can be quite volatile for some assets. I have only been paying attention to crypto charts for a couple of years, but that rule seems to apply to this sector* as much as any. If I were a market timer/trader of crypto, I would definitely have sold some of this on the way up (heck, I was still awake when it got to 90 cents), even before the Spark drop, and some more right after the snapshot was taken. But I have had my hands tied a bit by some poor choices, namely as to where I put the coins after I bought them. Thanks for nothing, Mr. Schatt! (Oddly enough, after Cred has its fire sale next month, that same rookie mistake will free me up a bit next year, and perhaps for all my remaining years of trading. Heck, I might day trade this stuff—and not give a dang about wash sales ever again!)

*what sector this is, I don’t know. The government does not seem to know, so how should I?

My new goal in life is to be interviewed by Chantel Elloway. When that happens, my comments will be story, observation, opinion, maybe even enthusiasm. What I say will never be instructions on how you should risk your money. Same goes for these posts.

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