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<p>[QUOTE="GoldFinger1969, post: 3877556, member: 73489"]Yes, but those axioms come from the financial world of investing (somewhere I do have expertise <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /> ) <span style="color: #00b300"><b>where you are in a position to HARDLY NEVER be underwater after a 10-year (rolling) period. Time is your ally in investing.</b></span></p><p><br /></p><p>That has NOT proven to be the case with coins, as the market is much less illiquid...does not pay income/dividends....is not as transparent as financial markets...and has seen a few bubbles distort the market and take years/decades to "burn off."</p><p><br /></p><p>Very true Doug...but because of my caveats to your axioms (above), it's all the more reason to treat our little world as a HOBBY and not as INVESTING. Or maybe a compromise...SPECULATING.</p><p><br /></p><p>Really ? I don't recall inputing my age or Bday when I first joined, maybe I did. Thanks for that tidbit. Stands to reason that years ago the average age would be the older folks, more into the hobby and with much more invested in it.</p><p><br /></p><p>Do you have any figures on total registered users, average daily users, postings, etc. that would indicate how the site has moved over time ? If CT was around even before that (2000-05) that would be even better.</p><p><br /></p><p>Even anectdotal information from you is very useful, so have at it ! <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 3877556, member: 73489"]Yes, but those axioms come from the financial world of investing (somewhere I do have expertise :D ) [COLOR=#00b300][B]where you are in a position to HARDLY NEVER be underwater after a 10-year (rolling) period. Time is your ally in investing.[/B][/COLOR] That has NOT proven to be the case with coins, as the market is much less illiquid...does not pay income/dividends....is not as transparent as financial markets...and has seen a few bubbles distort the market and take years/decades to "burn off." Very true Doug...but because of my caveats to your axioms (above), it's all the more reason to treat our little world as a HOBBY and not as INVESTING. Or maybe a compromise...SPECULATING. Really ? I don't recall inputing my age or Bday when I first joined, maybe I did. Thanks for that tidbit. Stands to reason that years ago the average age would be the older folks, more into the hobby and with much more invested in it. Do you have any figures on total registered users, average daily users, postings, etc. that would indicate how the site has moved over time ? If CT was around even before that (2000-05) that would be even better. Even anectdotal information from you is very useful, so have at it ! :D[/QUOTE]
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