Alright , Time to Dump or Time to Buy ?

deisik

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Quote from: RealBitcoin on August 27, 2015, 04:54:19 AM

I thought you traded bigger swings or atleast you implied that by saying that you go for the volatility. You wont see much volatility in 5-10 min charts, so you are confusing me about that.

This greatly depends on the exchange, and, in the first place, your margin. If you're scalping at 0.4%, then 1% volatility will be too huge (to lose a trading opportunity). I don't see contradiction in my words...

In any case, the time frame doesn't change anything substantially (since you can judge only on a day-by-day basis)

RealBitcoin

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Quote from: deisik on August 27, 2015, 04:45:02 AM

Quote from: RealBitcoin on August 27, 2015, 04:39:32 AM

Quote from: deisik on August 27, 2015, 01:07:53 AM

Quote from: RealBitcoin on August 26, 2015, 09:36:41 PM

So because you are a trader you probably know not to risk more than 3% of the balance on 1 trade, so in that case what does it matter if you buy and hold 97% of it, or trade 3% (ON THE PRICE SWINGS), its the same thing Cheesy

Much lower than that. I didn't quite understand what you meant by the same thing. I don't trade manually, so my overall volume of trades (both in number and sum) is pretty high...

Daily volume being a little over the balance on average, i.e. more than 100%, not 3% (in case you meant this)

What I meant is that if you have a margin of let's say 0.5% then 99.5% of you account is sitting idle, thus you can either move like 80% of it in cold storage and hold it there, to account for drawdown , and not worry about exchanges stealing your money.

Then I got you right, but you are wrong (as I said), lol. I just checked actual figures, and it appears that my turnover rate is in fact much higher than I previously thought. If I have, for example, 1 BTC in my balance, my daily volume of trades would be around 10 BTC (the total amount of all buys and sells)...

This means that the "idleness" of my account is effectively negative (on a day-by-day basis)

Then you must be a short term trader, scalper, or arbitrager.

I thought you traded bigger swings or atleast you implied that by saying that you go for the volatility. You wont see much volatility in 5-10 min charts, so you are confusing me about that.

Anyway I assume you use leveraged trading so that also adds to you extra liquidity.

deisik

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Quote from: RealBitcoin on August 27, 2015, 04:39:32 AM

Quote from: deisik on August 27, 2015, 01:07:53 AM

Quote from: RealBitcoin on August 26, 2015, 09:36:41 PM

So because you are a trader you probably know not to risk more than 3% of the balance on 1 trade, so in that case what does it matter if you buy and hold 97% of it, or trade 3% (ON THE PRICE SWINGS), its the same thing Cheesy

Much lower than that. I didn't quite understand what you meant by the same thing. I don't trade manually, so my overall volume of trades (both in number and sum) is pretty high...

Daily volume being a little over the balance on average, i.e. more than 100%, not 3% (in case you meant this)

What I meant is that if you have a margin of let's say 0.5% then 99.5% of you account is sitting idle, thus you can either move like 80% of it in cold storage and hold it there, to account for drawdown , and not worry about exchanges stealing your money.

Then I got you right, but you are wrong (as I said), lol. I just checked actual figures, and it appears that my turnover rate is in fact much higher than I previously thought. If I have, for example, 1 BTC in my balance (estimated total of, say, 0.5 BTC and $110), my daily volume of trades would be around 10 BTC (the total amount of all buys and sells)...

This means that the "idleness" of my account is effectively negative (on a day-by-day basis)

RealBitcoin

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Quote from: deisik on August 27, 2015, 01:07:53 AM

Quote from: RealBitcoin on August 26, 2015, 09:36:41 PM

So because you are a trader you probably know not to risk more than 3% of the balance on 1 trade, so in that case what does it matter if you buy and hold 97% of it, or trade 3% (ON THE PRICE SWINGS), its the same thing Cheesy

Much lower than that. I didn't quite understand what you meant by the same thing. I don't trade manually, so my overall volume of trades (both in number and sum) is pretty high...

Daily volume being a little over the balance on average, i.e. more than 100%, not 3% (in case you meant this)

What I meant is that if you have a margin of let's say 0.5% then 99.5% of you account is sitting idle, thus you can either move like 80% of it in cold storage and hold it there, to account for drawdown , and not worry about exchanges stealing your money.

Or just buy & hold because atleast that way 100% of the account is used, while otherwise you only use 0.5%.

In a weird way actually you do buy & hold because while you trade 0.5% BTC/USD, and if 99.5% of your account is in BTC, then if BTC/USD price is in uptrend then you really make money with just buying and holding 99.5% of your account, and doing whatever with the 0.5% allocated to trading.

zero01

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bitcoin prices are currently down, I think it is time to buy bitcoin

HarHarHar9965

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Quote from: Miracal on August 27, 2015, 02:38:42 AM

Quote from: HarHarHar9965 on August 27, 2015, 02:24:47 AM

Quote from: mrhappi on August 19, 2015, 08:28:42 AM

Quote from: everaja on August 19, 2015, 04:00:30 AM

I guess , its time to Buy as the worst case scenario could be 200 , and i think The most It will hit 210+ and again it will Bump Up!
so its time to get some.

Same logic as stocks right but Bitcoin does not appear to be anything as "rational" as stocks.
As a newbie in this field, I would try to buy some at 200 to speculate but the floor is infinite.

I think if you are really interested to invest now, you should perceive the situation by investing slowly at equal intervals of time. For example, if you are looking out for an investment of 1000$, invest on 1 bitcoin a day and another bitcoin another day. This day you will maintain your average and wouldn't lose out big if price goes up or down rapidly, so you're averaging and that's a nice strategy for me when I enter something new

Don't you think playing safe can risk your profits? Keeping in mind the current market state, you're either in or out, there's no in between. It's a gamble, just like stocks, so you can't really 'average' if you want to make good money. Study the speculations and make your choice, bulk investment seems like a good idea right now.

Playing safe when investing has never really put me at a loss, I can actually really average. The reason behind my idea of per-day investment is simply that if the price of bitcoin is assumed to be 200$ today, it will fluctuate constantly at such a phase and cause prices to differ from 200$-50$ atleast. Wouldn't mind averaging that price, I am in it for long term and don't matter if I average it now, my investments will be much stronger once the market reaches its desired maturity

Miracal

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Quote from: HarHarHar9965 on August 27, 2015, 02:24:47 AM

Quote from: mrhappi on August 19, 2015, 08:28:42 AM

Quote from: everaja on August 19, 2015, 04:00:30 AM

I guess , its time to Buy as the worst case scenario could be 200 , and i think The most It will hit 210+ and again it will Bump Up!
so its time to get some.

Same logic as stocks right but Bitcoin does not appear to be anything as "rational" as stocks.
As a newbie in this field, I would try to buy some at 200 to speculate but the floor is infinite.

I think if you are really interested to invest now, you should perceive the situation by investing slowly at equal intervals of time. For example, if you are looking out for an investment of 1000$, invest on 1 bitcoin a day and another bitcoin another day. This day you will maintain your average and wouldn't lose out big if price goes up or down rapidly, so you're averaging and that's a nice strategy for me when I enter something new

Don't you think playing safe can risk your profits? Keeping in mind the current market state, you're either in or out, there's no in between. It's a gamble, just like stocks, so you can't really 'average' if you want to make good money. Study the speculations and make your choice, bulk investment seems like a good idea right now.

HarHarHar9965

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Quote from: mrhappi on August 19, 2015, 08:28:42 AM

Quote from: everaja on August 19, 2015, 04:00:30 AM

I guess , its time to Buy as the worst case scenario could be 200 , and i think The most It will hit 210+ and again it will Bump Up!
so its time to get some.

Same logic as stocks right but Bitcoin does not appear to be anything as "rational" as stocks.
As a newbie in this field, I would try to buy some at 200 to speculate but the floor is infinite.

I think if you are really interested to invest now, you should perceive the situation by investing slowly at equal intervals of time. For example, if you are looking out for an investment of 1000$, invest on 1 bitcoin a day and another bitcoin another day. This day you will maintain your average and wouldn't lose out big if price goes up or down rapidly, so you're averaging and that's a nice strategy for me when I enter something new

deisik

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Quote from: RealBitcoin on August 26, 2015, 09:36:41 PM

So because you are a trader you probably know not to risk more than 3% of the balance on 1 trade, so in that case what does it matter if you buy and hold 97% of it, or trade 3% (ON THE PRICE SWINGS), its the same thing Cheesy

Much lower than that. I didn't quite understand what you meant by the same thing. I don't trade manually, so my overall volume of trades (both in number and sum) is pretty high...

Daily volume being a little over the balance on average, i.e. more than 100%, not 3% (in case you meant this)

HarHarHar9965

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Quote from: Kingno.1 on August 25, 2015, 05:41:57 PM

My idea is right now you should start buying but do buying in parts like if u want to buy 10 btc then u buy today 1 btc after 2 or 3 days buy 1 more like this if you give gap you will get the fluctuation benefit and your average will be correct, so when it raises you can sell and earn profit.

that's a pretty solid idea for people looking out for a solution for their volatility troubles especially when they are considering to buy bitcoins. Although I am very supportive of bitcoin, I had an interesting 'nightmare' today which questioned my opinions. I noticed how similar bitcoin is, to the shares and I wonder what if bitcoin websites are shut down and people vanish, who will the cops go to? Satoshi vanished singing 'IDFWU'.

RealBitcoin

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Quote from: deisik on August 26, 2015, 10:06:14 AM

This has nothing to do with my beliefs (personally, I don't know and don't really care). Neither do I care if the price is high or low, all I need is volatility (profit-wise). In any case you shouldn't ask me, lol. It may surprise you but I'm more concerned now about the stability and continuous operation of the exchanges that I trade at, that they wouldn't run away with my money, get hacked, or just go belly up...

Sorry, I didn't read the rest. In most cases your posts are complete BS

Whats the big deal about that, if you say you can make so much profit, then you can cashout every 2-3 days and keep 80% of your money in cold storage.

Yes exchanges can run away with the money thats why guys work on decentralized exchanges, I see many of those projects upcoming and it will be more safe.

But even if it gets implemented and become safer. I`d still not trade my bulk of my money on that.

So because you are a trader you probably know not to risk more than 3% of the balance on 1 trade, so in that case what does it matter if you buy and hold 97% of it, or trade 3% (ON THE PRICE SWINGS), its the same thing Cheesy

Unless you risk like 90% of your balance in 1 trade, on which case you are a gambler not a trader.

deisik

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Quote from: RealBitcoin on August 26, 2015, 08:18:59 AM

Quote from: deisik on August 26, 2015, 05:50:13 AM

Quote from: RealBitcoin on August 26, 2015, 05:12:40 AM

Quote from: deisik on August 26, 2015, 04:27:09 AM

Quote from: MinerHQ on August 26, 2015, 03:33:35 AM

Quote from: Kingno.1 on August 25, 2015, 05:41:57 PM

My idea is right now you should start buying but do buying in parts like if u want to buy 10 btc then u buy today 1 btc after 2 or 3 days buy 1 more like this if you give gap you will get the fluctuation benefit and your average will be correct, so when it raises you can sell and earn profit.

I think now time is to wait and watch because still prices very volatile as of now. I'm Ok to buy slightly higher price, if prices are less volatile

Peeps seem to not fully understand their bliss with high volatility. Buy&Sell (soft buy) gives more revenue (rather, revenue flow) that Buy&Hold (hard buy) in the long run...

If you can predict the market with an edge.

If you can't then buy & hold might not give the same revenue, it is definitely the safe option, since if bitcoin gets to a mass adoption phase, you might x1000 your bitcoins in value.

I can easily prove that you are wrong. And not just technically wrong (due to some lapsus linguae), but fundamentally wrong, given the conditions stated ("buy & hold")...

Quote

buy & hold might not give the same revenue, it is definitely the safe option

Now tell about Goldilocks and the three bears to those who bought anywhere in-between 400-1,100 dollars per coin

So you dont believe bitcoin will go back to 1000 $, so it will just hover between 200 $ until eternity? (thats impractical since even the USD has a cumulative inflation of 60% in about 20 years)

This has nothing to do with my beliefs (personally, I don't know and don't really care). Neither do I care if the price is high or low, all I need is volatility (profit-wise). In any case you shouldn't ask me, lol. It may surprise you but I'm more concerned now about the stability and continuous operation of the exchanges that I trade at, that they wouldn't run away with my money, get hacked, or just go belly up...

Sorry, I didn't read the rest. In most cases your posts are complete BS

RealBitcoin

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Quote from: deisik on August 26, 2015, 05:50:13 AM

Quote from: RealBitcoin on August 26, 2015, 05:12:40 AM

Quote from: deisik on August 26, 2015, 04:27:09 AM

Quote from: MinerHQ on August 26, 2015, 03:33:35 AM

Quote from: Kingno.1 on August 25, 2015, 05:41:57 PM

My idea is right now you should start buying but do buying in parts like if u want to buy 10 btc then u buy today 1 btc after 2 or 3 days buy 1 more like this if you give gap you will get the fluctuation benefit and your average will be correct, so when it raises you can sell and earn profit.

I think now time is to wait and watch because still prices very volatile as of now. I'm Ok to buy slightly higher price, if prices are less volatile

Peeps seem to not fully understand their bliss with high volatility. Buy&Sell (soft buy) gives more revenue (rather, revenue flow) that Buy&Hold (hard buy) in the long run...

If you can predict the market with an edge.

If you can't then buy & hold might not give the same revenue, it is definitely the safe option, since if bitcoin gets to a mass adoption phase, you might x1000 your bitcoins in value.

I can easily prove that you are wrong. And not just technically wrong (due to some lapsus linguae), but fundamentally wrong, given the conditions stated ("buy & hold")...

Quote

buy & hold might not give the same revenue, it is definitely the safe option

Now tell about Goldilocks and the three bears to those who bought anywhere in-between 400-1,100 dollars per coin

So you dont believe bitcoin will go back to 1000 $, so it will just hover between 200 $ until eternity? (thats impractical since even the USD has a cumulative inflation of 60% in about 20 years)

Even if every year the userbase increases by 500,000 and everybody puts in 1000$ (not to mention veteran investors buy too), in that pace the price will reach 1000$ in 22 years , that is if we exclude the fact that big whales will instantly jump once the fiat ship sinks.

Not everyone is a gold bug like you, some people prefer instantly transferable currency.

Buy and hold is safe for the fact that you dont buy high and dont sell low, you just wait for price to rise.

And dont come here with the 1100$ deflation, we know that the market was rigged by MT GOX, in reality the price never went higher than 600$, and even that was a speculative spiral.

In a true valuation chart (and in log chart too) bitcoin's value has been in uptrend since inception, because speculators dont really matter here.

Kingno.1

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Quote from: deisik on August 26, 2015, 05:50:13 AM

Quote from: RealBitcoin on August 26, 2015, 05:12:40 AM

Quote from: deisik on August 26, 2015, 04:27:09 AM

Quote from: MinerHQ on August 26, 2015, 03:33:35 AM

Quote from: Kingno.1 on August 25, 2015, 05:41:57 PM

My idea is right now you should start buying but do buying in parts like if u want to buy 10 btc then u buy today 1 btc after 2 or 3 days buy 1 more like this if you give gap you will get the fluctuation benefit and your average will be correct, so when it raises you can sell and earn profit.

I think now time is to wait and watch because still prices very volatile as of now. I'm Ok to buy slightly higher price, if prices are less volatile

Peeps seem to not fully understand their bliss with high volatility. Buy&Sell (soft buy) gives more revenue (rather, revenue flow) that Buy&Hold (hard buy) in the long run...

If you can predict the market with an edge.

If you can't then buy & hold might not give the same revenue, it is definitely the safe option, since if bitcoin gets to a mass adoption phase, you might x1000 your bitcoins in value.

I can easily prove that you are wrong. And not just technically wrong (due to some lapsus linguae), but fundamentally wrong, given the conditions stated ("buy & hold")...

Quote

buy & hold might not give the same revenue, it is definitely the safe option

Now tell about Goldilocks and the three bears to those who bought anywhere in-between 400-1,100 dollars per coin

This game is all about the play between big players they want the small players to book profit or loss so that in lower they can buy and hold then u will see again high rates. same thing happened some moths back when the rate went to 200 and below usd then suddenly within a week price rose to 300usd then when whole market started to buy thinking of potential it started to fall. In this market you have to trade and keep the profit coin with you.

Kaneki

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I think this is a good time to buy, maybe because the problem BitcoinXT making many hesitant to invest, but who believe to the next month bitcoin prices may go up he will catch a big fish Grin

deisik

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Quote from: RealBitcoin on August 26, 2015, 05:12:40 AM

Quote from: deisik on August 26, 2015, 04:27:09 AM

Quote from: MinerHQ on August 26, 2015, 03:33:35 AM

Quote from: Kingno.1 on August 25, 2015, 05:41:57 PM

My idea is right now you should start buying but do buying in parts like if u want to buy 10 btc then u buy today 1 btc after 2 or 3 days buy 1 more like this if you give gap you will get the fluctuation benefit and your average will be correct, so when it raises you can sell and earn profit.

I think now time is to wait and watch because still prices very volatile as of now. I'm Ok to buy slightly higher price, if prices are less volatile

Peeps seem to not fully understand their bliss with high volatility. Buy&Sell (soft buy) gives more revenue (rather, revenue flow) that Buy&Hold (hard buy) in the long run...

If you can predict the market with an edge.

If you can't then buy & hold might not give the same revenue, it is definitely the safe option, since if bitcoin gets to a mass adoption phase, you might x1000 your bitcoins in value.

I can easily prove that you are wrong. And not just technically wrong (due to some lapsus linguae), but fundamentally wrong, given the conditions stated ("buy & hold")...

Quote

buy & hold might not give the same revenue, it is definitely the safe option

Now tell about Goldilocks and the three bears to those who bought anywhere in-between 400-1,100 dollars per coin

RealBitcoin

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Activity: 854

Merit: 1009

JAYCE DESIGNS - http://bit.ly/1tmgIwK

Quote from: deisik on August 26, 2015, 04:27:09 AM

Quote from: MinerHQ on August 26, 2015, 03:33:35 AM

Quote from: Kingno.1 on August 25, 2015, 05:41:57 PM

My idea is right now you should start buying but do buying in parts like if u want to buy 10 btc then u buy today 1 btc after 2 or 3 days buy 1 more like this if you give gap you will get the fluctuation benefit and your average will be correct, so when it raises you can sell and earn profit.

I think now time is to wait and watch because still prices very volatile as of now. I'm Ok to buy slightly higher price, if prices are less volatile

Peeps seem to not fully understand their bliss with high volatility. Buy&Sell (soft buy) gives more revenue (rather, revenue flow) that Buy&Hold (hard buy) in the long run...

If you can predict the market with an edge.

If you can't then buy & hold might not give the same revenue, it is definitely the safe option, since if bitcoin gets to a mass adoption phase, you might x1000 your bitcoins in value.

Of course if you trade succesfully all price movements, then you can earn x100000 , but there are hardly any inefficiences in the market anymore.

Arbitrage is very hard, or not cost-efficient, because of fiat.

And market prediction is small scales is not efficient unless you are in a pump & dump group, that make the market move...

novadragon

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I think it's time to buy bitcoin
The opportunity to buy many bitcoin at low prices Grin

deisik

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Quote from: MinerHQ on August 26, 2015, 03:33:35 AM

Quote from: Kingno.1 on August 25, 2015, 05:41:57 PM

My idea is right now you should start buying but do buying in parts like if u want to buy 10 btc then u buy today 1 btc after 2 or 3 days buy 1 more like this if you give gap you will get the fluctuation benefit and your average will be correct, so when it raises you can sell and earn profit.

I think now time is to wait and watch because still prices very volatile as of now. I'm Ok to buy slightly higher price, if prices are less volatile

Peeps seem to not fully understand their bliss with high volatility. Buy&Sell (soft buy) gives more revenue (rather, revenue flow) that Buy&Hold (hard buy) in the long run...

MinerHQ

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Quote from: Kingno.1 on August 25, 2015, 05:41:57 PM

My idea is right now you should start buying but do buying in parts like if u want to buy 10 btc then u buy today 1 btc after 2 or 3 days buy 1 more like this if you give gap you will get the fluctuation benefit and your average will be correct, so when it raises you can sell and earn profit.

I think now time is to wait and watch because still prices very volatile as of now. I'm Ok to buy slightly higher price, if prices are less volatile

Topic: Alright , Time to Dump or Time to Buy ? (Read 5657 times)