China was a biiiiig portion of the BTC money pie. I will take at least 6 months for a recovery.
Ok, 6 months, you are sounding more and more reasonable! Bearish but much less crazy than "critical blow to BTC prices"
Topic: buy high, sell low - the proven strategy that guarantees negative returns (Read 2411 times)
December 19, 2013, 04:02:16 PM
China was a biiiiig portion of the BTC money pie. I will take at least 6 months for a recovery.
Ok, 6 months, you are sounding more and more reasonable! Bearish but much less crazy than "critical blow to BTC prices"
December 19, 2013, 03:38:15 PM
China just delivered a critical blow to BTC prices guys... it could take years to recover from this.
the same years it took to recover from the SR bust? ^^
December 19, 2013, 03:36:46 PM
China just delivered a critical blow to BTC prices guys... it could take years to recover from this.
the same years it took to recover from the SR bust? ^^ December 19, 2013, 02:48:48 PM
I am sorry can you point me to the date on this pretty graph where is that critical blow you are talking about, the one that would take years to recover from? I'm missing something obvious here. I see a price retraction to an All Time High of a month ago.
Or are you in full psychic mode and seeing future now? Can you then also let us know what would the price do while hopelesly trying to recover for several years?
Price of BTC went down 50%... who needs a graph to understand that?
Right now it's hovering around 690. It will be interesting if the price will be ranging between 500 and 700, or if it goes back and forth from 700 to 1000 like it did for the last month or so.
I vote the former.
China was a biiiiig portion of the BTC money pie. I will take at least 6 months for a recovery.
Sorry, this is not going to be as easy as wishing a fast recovery into existence.
December 19, 2013, 06:03:24 AM
China just delivered a critical blow to BTC prices guys... it could take years to recover from this.
I am sorry can you point me to the date on this pretty graph where is that critical blow you are talking about, the one that would take years to recover from? I'm missing something obvious here. I see a price retraction to an All Time High of a month ago.
Or are you in full psychic mode and seeing future now? Can you then also let us know what would the price do while hopelesly trying to recover for several years?
December 19, 2013, 05:54:57 AM
China just delivered a critical blow to BTC prices guys... it could take years to recover from this.
The world hasn't even seen bitcoin yet. The Chinese merely dabbled in it.
December 19, 2013, 02:43:38 AM
China just delivered a critical blow to BTC prices guys... it could take years to recover from this.
years you say? i say a few months (likely 1 month) at most.
based on how bitcoin behaves every single year since it's inception.
December 18, 2013, 06:17:36 PM
China just delivered a critical blow to BTC prices guys... it could take years to recover from this.
December 18, 2013, 06:04:29 PM
Well, sometimes it's best to scrap a bad trade and take a minor loss, if it means making more money. I'm not married to a losing trade when it's clear that I've misread the market.
December 18, 2013, 05:58:15 PM
friendly reminder, again
December 10, 2013, 09:34:13 PM
dont forget the "buy back even higher"
its an essential step for maximum money burning performance!
its an essential step for maximum money burning performance!
December 09, 2013, 01:09:24 PM
more of a reminder that if anyone bought at a higher price that they will be selling it at - you should think about it a bit more.
nothing guarantees you a loss like a real, realized loss.
nothing has changed in the last week. the china news isn't bad no matter how you spin it. since nothing has changed keep in mind that most people who panic and sell at a loss later buy it back (after already taking a loss). if you are new then hopefully you thought about what you were doing when you bought in. think some more about realizing a loss.
it's happened many times. the results are always the same. most people who utilize the buy high sell low strategy aren't usually happy with their results.
a friendly reminder.
nothing guarantees you a loss like a real, realized loss.
nothing has changed in the last week. the china news isn't bad no matter how you spin it. since nothing has changed keep in mind that most people who panic and sell at a loss later buy it back (after already taking a loss). if you are new then hopefully you thought about what you were doing when you bought in. think some more about realizing a loss.
it's happened many times. the results are always the same. most people who utilize the buy high sell low strategy aren't usually happy with their results.
a friendly reminder.
Folks, just buy and hold. The emotions can cloud rational thought without warning. Take it from this guy, http://np.reddit.com/r/Bitcoin/comments/1r88vl/need_advice_on_inheritance_arbitrage_family_etc/ he lost $410k in the +6000%/year biggest bull market in history because he thought he could make money daytrading.
yes, correct.
keep in mind that most of the big investors haven't likely sold much at all and don't participate much in the day trading.
also, keep in mind that Snoop Dogg is getting into BTC now! people trust him more than the Winkelevii so just try to relax as much as possible and try to remain calm when making decisions.
December 09, 2013, 04:51:08 AM
more of a reminder that if anyone bought at a higher price that they will be selling it at - you should think about it a bit more.
nothing guarantees you a loss like a real, realized loss.
nothing has changed in the last week. the china news isn't bad no matter how you spin it. since nothing has changed keep in mind that most people who panic and sell at a loss later buy it back (after already taking a loss). if you are new then hopefully you thought about what you were doing when you bought in. think some more about realizing a loss.
it's happened many times. the results are always the same. most people who utilize the buy high sell low strategy aren't usually happy with their results.
a friendly reminder.
nothing guarantees you a loss like a real, realized loss.
nothing has changed in the last week. the china news isn't bad no matter how you spin it. since nothing has changed keep in mind that most people who panic and sell at a loss later buy it back (after already taking a loss). if you are new then hopefully you thought about what you were doing when you bought in. think some more about realizing a loss.
it's happened many times. the results are always the same. most people who utilize the buy high sell low strategy aren't usually happy with their results.
a friendly reminder.
Folks, just buy and hold. The emotions can cloud rational thought without warning. Take it from this guy, http://np.reddit.com/r/Bitcoin/comments/1r88vl/need_advice_on_inheritance_arbitrage_family_etc/ he lost $410k in the +6000%/year biggest bull market in history because he thought he could make money daytrading.
December 09, 2013, 04:45:12 AM
early adopters that did not take profits when it was over 1k are greedy and will learn the hard way.
never buy into the hype
predicting highs and lows in this environment is pointless
newbies best to sit on the sidelines until things settle & don't believe half the dribble posted on here, most are pro bitcoin and are blinded by emotions that entails common sense decision making during rally's and sell offs
never buy into the hype
predicting highs and lows in this environment is pointless
newbies best to sit on the sidelines until things settle & don't believe half the dribble posted on here, most are pro bitcoin and are blinded by emotions that entails common sense decision making during rally's and sell offs
What exactly will we learn the hard way? That when we sell at $2000 we could have had half as much 2 months earlier?
December 09, 2013, 03:14:24 AM
hopefully my advice at least helped someone
December 07, 2013, 02:49:36 AM
there have been times where i have taken a quick loss (generally minimal though) when the market moves in a way i dont expect. sometimes there is much money to be made by admitting your mistake and going with the trend presented. being stuck in a losing trade can be very tough psychologically.
December 07, 2013, 02:28:14 AM
early adopters that did not take profits when it was over 1k are greedy and will learn the hard way.
never buy into the hype
predicting highs and lows in this environment is pointless
newbies best to sit on the sidelines until things settle & don't believe half the dribble posted on here, most are pro bitcoin and are blinded by emotions that entails common sense decision making during rally's and sell offs
never buy into the hype
predicting highs and lows in this environment is pointless
newbies best to sit on the sidelines until things settle & don't believe half the dribble posted on here, most are pro bitcoin and are blinded by emotions that entails common sense decision making during rally's and sell offs
December 07, 2013, 01:58:12 AM
those who do nothing but trade bitcoin for profit are an enormous tax on the system. if we want the system to prevail into real world usage, this type of trading has to be eliminated from the equation. first thing to go should be trading bots. atleast make the bitches work for the money they are pulling from other peoples pockets.
that's my 2 cents.
that's my 2 cents.
December 07, 2013, 01:46:08 AM
just a reminder to consider ignoring most of the newbs here who are being paid to talk nonsense 
People get paid to talk nonsense here? Where do I sign up?
WE GONNA BE RICH!
December 07, 2013, 01:44:15 AM
just a reminder to consider ignoring most of the newbs here who are being paid to talk nonsense
People get paid to talk nonsense here? Where do I sign up?
Jump to: