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Topic: BTC CRASH 23/03 (Read 3080 times)

newbie
Activity: 14
Merit: 0
March 24, 2013, 09:33:44 AM
#72
Made me more money...I bought so cheap. As mentioned in prevous posts....some boss sold his btc and became a millionaire so it dropped. Impossible for everyone to worry when you can buy at so cheap LOL
sr. member
Activity: 350
Merit: 250
"Don't go in the trollbox, trollbox, trollbox"
March 24, 2013, 07:23:57 AM
#71
I cashed out on the way down and just failed to get a buy filled at 53.7 then watched it bounce back above my exit point Sad

My own fault! I'm leaving a stash in another wallet long-term and using what I have on MtGox just to trade.

Which I do badly, mostly. But it's fun Tongue
member
Activity: 103
Merit: 10
March 24, 2013, 06:47:25 AM
#70
LOL, that's not a crash.  That's a small, short dip in the exchange.  John is right, that was a buying opportunity.
My thoughts exactly.
hero member
Activity: 524
Merit: 502
March 24, 2013, 06:47:02 AM
#69
This kind of days make me realize how mentally hard is to be a trader of any currency or stocks..

Yes, I can certainly see that. The moment I sold my BTC at $50, the price jumped to $58 almost instantly, which was very frustrating to watch:



I would probably have been banging my head against a wall if I had been trading thousands of dollars. Smiley

You should have known $50 is a peak price. It will peak before it drops another $10 increment.
newbie
Activity: 7
Merit: 0
March 24, 2013, 05:53:22 AM
#68
BTC seems to be back and stronger than before!
legendary
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
March 24, 2013, 05:38:52 AM
#67
Excuse me, where is the crash? I can't seem to find it, price right now is 68
hero member
Activity: 938
Merit: 1000
March 24, 2013, 05:37:48 AM
#66
Its bubling beause lots of noobs panic buying.

I wonder what will happen when the hoards of noobs stops comming in Grin
newbie
Activity: 28
Merit: 0
March 24, 2013, 05:34:57 AM
#65
Got lots of grey hairs because of this.

newbie
Activity: 8
Merit: 0
March 24, 2013, 04:14:50 AM
#64
Long term graph looks like it's bubbling, start thinking about shorting...
member
Activity: 116
Merit: 10
March 24, 2013, 04:13:36 AM
#63
If you hold your coins you will make more money over the long haul.

Or lose it all. Roll the dices
newbie
Activity: 41
Merit: 0
March 24, 2013, 04:12:22 AM
#62
For somebody who has traded regularly in other markets, the thing that worries me most about the Bitcoin market today is that everyone in this forum is still so dang enthusiastic to just buy every dip. Makes me wonder whether another big shakeout is due in the near future so some real enduring pain is felt again. That could happen tomorrow, or it might not be till price spikes over $100. But it just feels it has to happen, and when it does, I suspect many of the convictions expressed in this forum will be severely tested. That's not a criticism of anyone here, it's just the way markets work. So expect the unexpected.

Having experience in other trading fields are somewhat useless here. BTC trading is quite different to forex for example.

Yes I know. It's different this time.  Wink
hero member
Activity: 886
Merit: 1013
March 24, 2013, 04:10:44 AM
#61
For somebody who has traded regularly in other markets, the thing that worries me most about the Bitcoin market today is that everyone in this forum is still so dang enthusiastic to just buy every dip. Makes me wonder whether another big shakeout is due in the near future so some real enduring pain is felt again. That could happen tomorrow, or it might not be till price spikes over $100. But it just feels it has to happen, and when it does, I suspect many of the convictions expressed in this forum will be severely tested. That's not a criticism of anyone here, it's just the way markets work. So expect the unexpected.

Having experience in other trading fields are somewhat useless here. BTC trading is quite different to forex for example.
hero member
Activity: 868
Merit: 1000
March 24, 2013, 04:09:58 AM
#60
Wish I had some dope to smoke so I stay up.....banks open in 4 hrs to make a deposit. Mind you 4 hrs price will be back to normal. All of your North American peeps are trading now  Undecided

What bank has branches open on Sunday?

hero member
Activity: 812
Merit: 1001
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March 24, 2013, 03:54:33 AM
#59
Yes, Kato! Bitcoin is a marathon not a sprint and I am sure most of people present are not equipped for marathon runs.
newbie
Activity: 41
Merit: 0
March 24, 2013, 03:48:48 AM
#58
For somebody who has traded regularly in other markets, the thing that worries me most about the Bitcoin market today is that everyone in this forum is still so dang enthusiastic to just buy every dip. Makes me wonder whether another big shakeout is due in the near future so some real enduring pain is felt again. That could happen tomorrow, or it might not be till price spikes over $100. But it just feels it has to happen, and when it does, I suspect many of the convictions expressed in this forum will be severely tested. That's not a criticism of anyone here, it's just the way markets work. So expect the unexpected.
newbie
Activity: 14
Merit: 0
March 23, 2013, 01:57:36 PM
#57
315.5581 BTCs waiting to be cashed when the time is ripe  Grin
newbie
Activity: 14
Merit: 0
March 23, 2013, 01:56:25 PM
#56
GOt more of mine at 46AUD so up, hold on to them. Made money in a week, lost money in an hour....long haul !
newbie
Activity: 8
Merit: 0
March 23, 2013, 01:54:51 PM
#55
If you hold your coins you will make more money over the long haul.
newbie
Activity: 14
Merit: 0
March 23, 2013, 01:54:11 PM
#54
Yeah agreed - cost of living here in AUS is high, not like those good ol days when I was living in Montreal. Price of doing business I guess but I'd still LOVE to find a cheaper provider.
member
Activity: 108
Merit: 10
March 23, 2013, 01:52:36 PM
#53
I am new to BTC - started a few weeks ago. Unfortunately in Australia we do not have many providers. I must go deposit cash in a bank and I pay 8% commission.....

8% isn't terrible. Traders have to cover their costs to stay in business.

Silver is trading at $28.8/oz and sold for $34.14/oz -about 15%

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