Author

Topic: Charge! (Read 1085 times)

legendary
Activity: 2408
Merit: 1009
Legen -wait for it- dary
December 20, 2011, 01:10:22 AM
#7
This is a rally unlike I have seen since i started in bitcoin. Honestly this has me worried about a bit of a bubble and since all my funds are in USD now I am on the wrong side of the bubble.

I here ya! I sold a little early at $3.75. But, I managed to get back on at $3.67 right before it took off this last time. I almost missed it, and I would have sworn it was about to correct.

I don't mean to pry (although you've already made your position public), but have you sold yet to take your profits?

I always hear that new traders are afraid to cut losses and afraid to take profits.

Absolutely! I sold that batch at 4.47, got back on at 4.11, and sold those at 4.3. Then bought again. 50BTC profit today. I never withdraw profits. It all goes towards more BTC.

I've been trading here since July. I ain't afraid to win! I've also had some bad trades, and cut my losses. It's all part of the game.
legendary
Activity: 826
Merit: 1001
rippleFanatic
December 20, 2011, 12:34:04 AM
#6
Patience young grasshoppers.

I was here in April, so I know from experience that one can lose just as much by selling into real rallies as one can by buying into false ones.

Since I started, my overall performance hasn't been a whole lot better than the market.  I hope to do better this time.  

Best of luck.
legendary
Activity: 2408
Merit: 1009
Legen -wait for it- dary
December 19, 2011, 11:54:38 PM
#5
This is a rally unlike I have seen since i started in bitcoin. Honestly this has me worried about a bit of a bubble and since all my funds are in USD now I am on the wrong side of the bubble.

I here ya! I sold a little early at $3.75. But, I managed to get back on at $3.67 right before it took off this last time. I almost missed it, and I would have sworn it was about to correct.
legendary
Activity: 1764
Merit: 1002
December 19, 2011, 11:51:59 PM
#4
This is a rally unlike I have seen since i started in bitcoin.

Same here.  I joined in August and finally feel like one of the April people Tongue

welcome to the early adopter club!
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
December 19, 2011, 11:49:46 PM
#3
This is a rally unlike I have seen since i started in bitcoin.

Same here.  I joined in August and finally feel like one of the April people Tongue
hero member
Activity: 560
Merit: 500
December 19, 2011, 11:49:16 PM
#2
This is a rally unlike I have seen since i started in bitcoin. Honestly this has me worried about a bit of a bubble and since all my funds are in USD now I am on the wrong side of the bubble.
newbie
Activity: 25
Merit: 0
December 19, 2011, 11:46:43 PM
#1
Onward to victory! Whatever it may be!

http://static.guim.co.uk/sys-images/Guardian/Pix/pictures/2008/11/04/brigade460x276.jpg

Thoughts on will/when/where this rally will fizzle out (like all the others)
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