Author

Topic: Buy BTC now at 565€, good idea ? (Read 750 times)

legendary
Activity: 1946
Merit: 1006
Bitcoin / Crypto mining Hardware.
February 07, 2014, 02:31:58 AM
#8
put in some fishing lines at various depths until 100€,
hero member
Activity: 728
Merit: 500
February 07, 2014, 02:16:02 AM
#7
^ when it crosses above or below the number of double whoppers a bitcoin can buy then the signal is confirmed.
legendary
Activity: 1040
Merit: 1001
February 07, 2014, 01:40:13 AM
#6
What is this macd people keep mentioning? Is it a burger index of some sort?

Yes, it's the number of Big Macs a bitcoin can buy at any given price.
legendary
Activity: 2268
Merit: 1278
February 07, 2014, 01:09:03 AM
#5
What is this macd people keep mentioning? Is it a burger index of some sort?
hero member
Activity: 728
Merit: 500
February 07, 2014, 01:04:42 AM
#4
Its most likely going down in a series of waves like in june and this was the first or second one. If you want an aggressive strategy to try to catch the bottom, just buy and sell every 4 hour macd cross. Eventually one of them will be the bottom. If you want less involvement and less profit, use the 1 day macd. Or if you just want a one shot one kill approach with the least amount of profit, use the 1 week macd.
legendary
Activity: 924
Merit: 1001
February 07, 2014, 12:38:59 AM
#3
Hi,

Do you think it's a good idea to buy BTC at 565€ ?

Thanks,
AFox

I wouldnt say terrible for buy and hold, but it certainly has the potential to go lower at this point. dont buy now. ask again later =P
hero member
Activity: 840
Merit: 1000
February 07, 2014, 12:21:38 AM
#2
Hi,

Do you think it's a good idea to buy BTC at 565€ ?

Thanks,
AFox

If you are looking for a short term trough-peak trade, perhaps. If you are looking to buy and hold for the long term, then it would be a terrible idea.

EDIT: No, a terrible idea. 565 EUR is way over BTC spot.
hero member
Activity: 539
Merit: 517
February 07, 2014, 12:19:19 AM
#1
Hi,

Do you think it's a good idea to buy BTC at 565€ ?

Thanks,
AFox
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