Topic: Bitcoin dropping (Read 2313 times)
I am still saving it and buying some in low price, it will pick up at some point. But making rash decisions won't help the situation.
LOL, charts. If charts had predictive value then everybody would be rich.
Bears buying in at $130, also LOL. As soon as it hits $130, most bears are going to wait for $50.
Lets not forget the reasons bitcoin is so low, and that is people just lost interest in it.
Bears buying in at $130, also LOL. As soon as it hits $130, most bears are going to wait for $50.
Lets not forget the reasons bitcoin is so low, and that is people just lost interest in it.
When I was taking a position I was not either bullish or bearish exactly. I just noticed you are Edward50 who I remember from back in those days. Hiya! How did you make out?
Anyway, although I changed my numbers on occasion, I mostly picked an amount of USD I planned to put in. I'd buy, say, 25% of that number then pick a lower target for the next tranche. Yes, I missed my last target ($1.65-ish as I recall), but I ended up with many many more BTC in the long run considering I started at about $15.
Times are a little different now. The details of development and ecosystem are different, but they are just as important to keep an eye on. If I had no BTC now and some money I could afford to lose, I very possibly would be a buyer at this point to sit on just in case there is a big win. No different than when I started out though I ended up buying a lot more than I had initially planned. And I'd be employing the same buying strategy that I did back in the day.
Are you still saving your bitcoins or you selling them?
Even if I bought my Bitcoins at much higher price, it doesn't make to sell them now. I would just make loss if I sell them now - confirmed.
If I HODL, there is a slightest chance that the price would recover so that I do not make loss, or can even profit.
Choice is clear - sell now to make confirmed loss or HODL for potential loss or profit.
LOL, charts. If charts had predictive value then everybody would be rich.
Bears buying in at $130, also LOL. As soon as it hits $130, most bears are going to wait for $50.
Lets not forget the reasons bitcoin is so low, and that is people just lost interest in it.
Bears buying in at $130, also LOL. As soon as it hits $130, most bears are going to wait for $50.
Lets not forget the reasons bitcoin is so low, and that is people just lost interest in it.
Apparently you're clueless about market mechanics, psychology and interpreting chart indicators.
I guess i remember why you were on the ignore list now.
LOL, charts. If charts had predictive value then everybody would be rich.
Bears buying in at $130, also LOL. As soon as it hits $130, most bears are going to wait for $50.
Lets not forget the reasons bitcoin is so low, and that is people just lost interest in it.
Bears buying in at $130, also LOL. As soon as it hits $130, most bears are going to wait for $50.
Lets not forget the reasons bitcoin is so low, and that is people just lost interest in it.
I just did some more analysis of the market and chart indicators. We may slowly be working on a trend reversal it seems. If that's the case we should see strong support during the entire next week.
This is thinking of a natural market, not a heavily manipulated market with hundreds of thousands btc ready to be dumped at an instant.
So it really depends on what the manipulators and hackers will do next, i assume they are just involved in bitcoin for the fiat so my expectation is quite skeptical even though i can see indicators of trend reversal.
This is thinking of a natural market, not a heavily manipulated market with hundreds of thousands btc ready to be dumped at an instant.
So it really depends on what the manipulators and hackers will do next, i assume they are just involved in bitcoin for the fiat so my expectation is quite skeptical even though i can see indicators of trend reversal.
Just cashed out 500btc bought at 170 for 200 
Will buy again around $100 which will be rather sooner than later.
Congrats on your execution of that move. I'm sure many are very envious of that kind of profiting, I know I am. Not gonna hate tho. Will buy again around $100 which will be rather sooner than later.
Just cashed out 500btc bought at 170 for 200
Will buy again around $100 which will be rather sooner than later.
Will buy again around $100 which will be rather sooner than later.
You no longer exert an influence on the market. One less person to sell.
Just cashed out 500btc bought at 170 for 200
Will buy again around $100 which will be rather sooner than later.
Will buy again around $100 which will be rather sooner than later.
You no longer exert an influence on the market. One less person to sell.
Just cashed out 500btc bought at 170 for 200
Will buy again around $100 which will be rather sooner than later.
Will buy again around $100 which will be rather sooner than later.
Price went down fast was strange for a while to see it happen, someone must've dropped a lot of their coin on the market. I wasn't sure what to make of it.
HODL! Don't worry about the price. Bitcoin is getting more and more attention, it is going to be big. If we buy at this price, we can be early adopters! 
I use bitcoin in my business and everyday's life and I see that its adoption is being continuously progressed. Back in to 2012/13 I couldn't even imagine that Dell and Microsoft start accepting it or that I can easily book hotel or buy airtickets.
Now just leave those shorting BTC kids alone till they get squeezed. They are mostly the same get-rich-quick greedy dumbs like those who were buying at the top of previous bubbles and then exited in panic with huge losses.
BTW, I won't surprise if we touch $150s or even lower levels in near future, but it also won't be a miracle if we reach $5K in coming years. Bitcoin is not dead and it works ever better than before.
Now just leave those shorting BTC kids alone till they get squeezed. They are mostly the same get-rich-quick greedy dumbs like those who were buying at the top of previous bubbles and then exited in panic with huge losses.
BTW, I won't surprise if we touch $150s or even lower levels in near future, but it also won't be a miracle if we reach $5K in coming years. Bitcoin is not dead and it works ever better than before.
Saving
Im in for longterm investment
Im in for longterm investment
Whenever a get-rich-quick scheme fails, rename it "long-term investment." You'll prob'ly lose more, but won't have to admit it to yourself for years to come.
Well, it _is_ a way to turn a certain loss into a possible gain. Ask me how I know.
(In reality in my case, I always did consider my long-shot bet on Bitcoin to be fairly long-term, and from day one I had in my mind converted from the time domain into the...well...profit/loss domain I guess on would say. And I was always comfortable to lose everything I have in Bitcoin in a split second. Would not be exactly overjoyed to do so, of course, but it would't be the end of the world either.)
Are you still saving your bitcoins or you selling them?
I was with intent to sell a certain amount I bought this week ($ 180) but, I thought best not. As soon I will keep them. Saving
Im in for longterm investment
Im in for longterm investment
Whenever a get-rich-quick scheme fails, rename it "long-term investment." You'll prob'ly lose more, but won't have to admit it to yourself for years to come.
Saving
Im in for longterm investment
Im in for longterm investment
I'm at trading so I decided to save for longterm investment too.
Saving
Im in for longterm investment
Im in for longterm investment
Holding for them. In 5 to 10 years, either going to be big or completely gone ...
Agree, im thinking exactly the same 
saving. i really think it is stupid to sell at this low price.
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