Anyone else sell > $300 but thinking to buy back in?

Krikke81

newbie

Activity: 40

Merit: 0

I find the order book for BTC still stays very strong, the cash that is flowing into the exchanges is very high.
Today at some point in btc-e there were for 2.5 million dollar of orders while only about 1100 BTC were offered for exchange.

There should come some correction someday, but unfortunately we cannot just get the newspaper of tomorrow just today. I hope for you you can buy back in at 250 and we can make a sweet right up...

I will keep buying some BTC for a fixed fiat amount even at these prices.

Good luck to all Cheesy

balanghai

sr. member

Activity: 364

Merit: 253

Quote from: Pumpkin on November 07, 2013, 09:26:13 AM

Sell some bitcoin sure, but never go all in into fiat! That is very dangerous!

I agree with this thought. And when selling just sell moderately.

mvidetto

sr. member

Activity: 462

Merit: 250

Personally I would buy back in, the price of bitcoin will in most cases still rise at this point. All technical indicators such as order depth and general market environment tends to increase my confidence that the bubble is still in its mid age.

Pumpkin

full member

Activity: 151

Merit: 100

Sell some bitcoin sure, but never go all in into fiat! That is very dangerous!

the_sunship

full member

Activity: 230

Merit: 100

sold about 50 coins on the way up from 200 thinking at some point this would correct heavily....alas, I just bought another 50 at 285. Hope to see you all at 500!

wobber

legendary

Activity: 1064

Merit: 1001

No big selloff until 500s. I actually suspect 666 will be a milestone, triggering a big selloff.

barbs

hero member

Activity: 854

Merit: 1000

Quote from: Dargumin on November 07, 2013, 07:20:53 AM

My sell triggered at $303 whilst I was asleep. I'm totally 50/50 if this will soon flash crash down to $240 - $250 or climb much higher before the big sell of comes. Do I buy back in at $308 or be more patient?

If I had known i'd have turned 2000$ into 300,000$ this year. who knows.

I'm in, and if this flops i'm just sending more money to the exchange to buy low.

Dargumin

member

Activity: 107

Merit: 10

My sell triggered at $303 whilst I was asleep. I'm totally 50/50 if this will soon flash crash down to $240 - $250 or climb much higher before the big sell of comes. Do I buy back in at $308 or be more patient?

Topic: Anyone else sell > $300 but thinking to buy back in? (Read 1094 times)