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Topic: Be *very* careful - page 2. (Read 3410 times)

hero member
Activity: 715
Merit: 500
July 11, 2014, 05:00:23 PM
#19
Been through 3 bubbles myself. No doubt another is a brewing! Been slowly buying every week since we broke the downtrend line that emerged from December to May.
legendary
Activity: 2282
Merit: 1050
Monero Core Team
July 11, 2014, 04:58:14 PM
#18
whatever you do, do not go to bed while in fiat.

 Huh I think you've got that the wrong way round

No he does not. I agree with piramida this is an extremely dangerous time to be a bit bear.
full member
Activity: 163
Merit: 100
July 11, 2014, 04:48:32 PM
#17
whatever you do, do not go to bed while in fiat.

 Huh I think you've got that the wrong way round
legendary
Activity: 1281
Merit: 1000
☑ ♟ ☐ ♚
July 11, 2014, 04:42:11 PM
#16
I agree with Piramida. I think this price is dirt cheap considering current mining costs and all the super positive news lately. I think it is pretty safe to say we wont go significantly lower unless bitcoin is completely destroyed.
full member
Activity: 196
Merit: 100
July 11, 2014, 03:46:33 PM
#15
what are you saying, bubble coming? seems everyone thinks that. makes me nervous (being in coin)...
legendary
Activity: 1176
Merit: 1010
Borsche
July 11, 2014, 03:41:41 PM
#14
That is just investing 101... I guess you're just stating the obvious for all the newbies out there.

Probably, shorter version for non-newbies will be "I think bear market is over so get your asses back in coins and don't blink for several months" Smiley
full member
Activity: 154
Merit: 100
Is there life on Mars?
July 11, 2014, 03:38:39 PM
#13
That is just investing 101... I guess you're just stating the obvious for all the newbies out there.

well, some people do try to trade the swings -- doing so accurately during the bear market would have paid off well.
full member
Activity: 224
Merit: 100
July 11, 2014, 03:27:20 PM
#12
That is just investing 101... I guess you're just stating the obvious for all the newbies out there.
legendary
Activity: 2156
Merit: 1132
July 11, 2014, 03:25:29 PM
#11
The price will be about $ 1,000 for the new year anyway.
legendary
Activity: 3780
Merit: 5429
July 11, 2014, 03:20:17 PM
#10
I agree piramida.  I feel much safer sleeping in coins right now, than worrying about some silly dip that turns into a major bear trap right before takeoff.  You never know, takeoff could be months from now, or it literally could be tomorrow morning.

I think people that bought just after the bottom are much more skittish right now, than people who have been holding for the last 4+ months.

Another big tipoff for me to go all in?  All the bulls, the bears and the trolls disappeared from this board since the SR auction.  That leads me to believe that all 3 camps are ALL IN at this point, with nothing left to talk about!  Grin
full member
Activity: 154
Merit: 100
Is there life on Mars?
July 11, 2014, 03:20:01 PM
#9
i was leaning towards an incoming bubble a couple months ago, but now i am more open to a retest of sub-400 levels. shrug, we'll see. Grin
legendary
Activity: 1722
Merit: 1000
July 11, 2014, 03:19:44 PM
#8
but weren't you saying stuff like this throughout the whole bear market? maybe I am remembering wrong. Smiley

... why would he warn you about selling BTC in a bear market...?

wat

"be very careful when exiting bitcoin positions now, even partially - you may have no choice but to re-enter higher or much higher later."

I miss read your post, sorry ignore me, my bad.
legendary
Activity: 1176
Merit: 1010
Borsche
July 11, 2014, 03:18:55 PM
#7
but weren't you saying stuff like this throughout the whole bear market? maybe I am remembering wrong. Smiley

No, first time I said that Smiley Yes, I have always said that below $600 is a buy zone. And that you never sell bitcoins lower than you bought them. Other than that, before recent rise up it could have still went both ways. Somehow now I don't feel that anymore. We sure will be correcting on the way up, but some price levels, like $400, are gone forever now, and the trick is that every day that bottom line rises.
sr. member
Activity: 252
Merit: 250
12CDKyxPyL5Rj28ed2yz5czJf3Dr2ZvEYw
July 11, 2014, 03:18:14 PM
#6
I can see the pattern as well, but nothing significant there TBH.
full member
Activity: 154
Merit: 100
Is there life on Mars?
July 11, 2014, 03:17:21 PM
#5
but weren't you saying stuff like this throughout the whole bear market? maybe I am remembering wrong. Smiley

... why would he warn you about selling BTC in a bear market...?

wat

"be very careful when exiting bitcoin positions now, even partially - you may have no choice but to re-enter higher or much higher later."
legendary
Activity: 1722
Merit: 1000
July 11, 2014, 03:15:50 PM
#4
but weren't you saying stuff like this throughout the whole bear market? maybe I am remembering wrong. Smiley

... why would he warn you about selling BTC in a bear market...?
legendary
Activity: 1722
Merit: 1000
July 11, 2014, 03:15:19 PM
#3
This post has me all hot and bothered.
full member
Activity: 154
Merit: 100
Is there life on Mars?
July 11, 2014, 03:15:02 PM
#2
but weren't you saying stuff like this throughout the whole bear market? maybe I am remembering wrong. Smiley
legendary
Activity: 1176
Merit: 1010
Borsche
July 11, 2014, 03:13:52 PM
#1
Having been here for all of bitcoin rallies, I can see a pattern emerging. Pattern of time periods in bitcoin price history when you never know if todays price level will happen again, ever. Before last month, we all are lulled to believe that we will see $400 again and again and again, well, not anymore. Call that intuition or blind guessing, but be very careful when exiting bitcoin positions now, even partially - you may have no choice but to re-enter higher or much higher later. If you feel the urge to play short-term speculation, sell after spikes up and re-buy at the nearest correction, but try to avoid risking much at that; whatever you do, do not go to bed while in fiat.

You have been warned Smiley
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