If you think bitcoin is dying: sell.
That is the best time to buy.
Topic: Bitcoin Price Volatility (Read 908 times)
That is the best time to buy.
...Nor have I been able to find a good BTC price graph for, say, the past three years.
rpietila is compiling historic price data here: https://bitcointalksearch.org/topic/monthly-average-usdbitcoin-price-trend-322058
For actual exchange data the best bet is probably MtGox on Bitcoincharts (with the very obvious caveat that the data stops abruptly!): http://bitcoincharts.com/charts/mtgoxUSD#tgSza1gSMAzm1g20zm2g25zl
Damn... it looks like the price will fall below the $400 mark. I don't know whether I should sell a few of my coins. The Gox scandal has really sucked the life out of BTC.
You should sell now to buy cheaper in future, since rumor on China recently has been confirmed, price will not stop at $400 and it will continue dive to sub-300.
Damn... it looks like the price will fall below the $400 mark. I don't know whether I should sell a few of my coins. The Gox scandal has really sucked the life out of BTC.
If you think bitcoin is dying: sell.
If you think bitcoin isn't going to die: hold/buy more.
If you need to use the money for other things in your life you actually need: sell
If you don't need to use the money for other things in your life: hold/buy more.
Pretty simple.
If you think bitcoin isn't going to die: hold/buy more.
If you need to use the money for other things in your life you actually need: sell
If you don't need to use the money for other things in your life: hold/buy more.
Pretty simple.
...
I am sure this has been discussed ad nauseam before, but I looked around and could not find a thread. Nor have I been able to find a good BTC price graph for, say, the past three years.
I own some BTC that I bought around (average price) of $765 or so, so I am down. I have read that when BTC prices were lower in the past that there were also BIG percentage price swings. Are we seeing something similar (%-age price) drops that has happened, maybe often, as in the past?
In other words, perhaps at its current price of $412 (10 April, approx. 2:00 AM US ET), is this a good opportunity to "BTFD"? I appreciate the perspective offered here by experts as well as those who have been in the game longer than I have.
I am sure this has been discussed ad nauseam before, but I looked around and could not find a thread. Nor have I been able to find a good BTC price graph for, say, the past three years.
I own some BTC that I bought around (average price) of $765 or so, so I am down. I have read that when BTC prices were lower in the past that there were also BIG percentage price swings. Are we seeing something similar (%-age price) drops that has happened, maybe often, as in the past?
In other words, perhaps at its current price of $412 (10 April, approx. 2:00 AM US ET), is this a good opportunity to "BTFD"? I appreciate the perspective offered here by experts as well as those who have been in the game longer than I have.
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