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Topic: damn it! I've sold lots of my bitcoin around $11 (Read 1593 times)

full member
Activity: 226
Merit: 100
 I've sold@ 15  and 10,  don't plan on selling again unless it reaches $20+ again
newbie
Activity: 5
Merit: 0
Well, at one point in time I bought at 29 and then sold them (well paid for a hosting account) when the exchange rate was 5ish.  Thats pretty good loss there, but overall I have "made" money since then.
legendary
Activity: 1512
Merit: 1036
Quote
Re: Newbie restrictions

why are those restrictions in place?

Because we want to make sure you can read before you start necro-ing old threads with useless comments?


tough. but that's market...

"Warning: this topic has not been posted in for at least 120 days.
Unless you're sure you want to reply, please consider starting a new topic."
nnn
newbie
Activity: 42
Merit: 0
In the long run, BTC strikes me as something that will either be worth nothing, or a lot. I'm hanging on to mine to see where it goes Smiley
newbie
Activity: 3
Merit: 0
Buy low, sell high.

If you bought bitcoins below 11 dollars then you have made profit. Sure, the market value is at 13 dollars, but doesn't change the fact that you already made profit.
sr. member
Activity: 432
Merit: 250
i sold 20 at 11 and i not buy back
full member
Activity: 219
Merit: 100
hopefuly at $15 as well....
legendary
Activity: 1118
Merit: 1002
I sold all my coins  so far six times at 5.50 6.80 7.40 8.60 9.60 11 14 and soon 14.30.


sounds like me
full member
Activity: 150
Merit: 100
Why revive?

The OP is a year and a half old.
sr. member
Activity: 504
Merit: 250
what is a miner supposed to do but to sell bitcoins to pay for the cost?
I sold at 13.30...

So at some point we have a correction and the price drops to say 13.85 for a minute, you then buy in again. You will have fewer BTC but have the same value in USD as before. You sell again at the next up to 14.+ and have earned something. You have almost zero exposure to crashes if you get in like that.

got it?
full member
Activity: 219
Merit: 100
what is a miner supposed to do but to sell bitcoins to pay for the cost?
I sold at 13.30...
legendary
Activity: 2352
Merit: 1064
Bitcoin is antisemitic
I'm panicking since I bought too little of them a week ago!
I'm going to keep some money on an exchange and pray for a dump.
sr. member
Activity: 504
Merit: 250
I sold all my coins  so far six times at 5.50 6.80 7.40 8.60 9.60 11 14 and soon 14.30.

If you buy back higher you have lost profit, but have not lost any money besides the 0.5% payed to get in again.

If you buy after a dip and sell during upturns, you have more $$ at the end of the month, and your risk is very small. Do you think anyone are going to PM you when it's time to sell?
full member
Activity: 219
Merit: 100
tough. but that's market...
full member
Activity: 168
Merit: 100
God creats math and math creats bitcoin.
I should not be so scared! And any suggestion, please, should I just buy back? feel like a huge loss for me!

I think the recent correction turned into a irrational broader panic, im not suggesting you should borrow against your mortgage to buy. But you may miss a big opportunity if you don't get back on before tuesday.

Though I still am a little bit worried, I've decided to buy back some. But I won't use all of the money in hand, in case it will fall back again.
newbie
Activity: 14
Merit: 0
I should not be so scared! And any suggestion, please, should I just buy back? feel like a huge loss for me!

I think the recent correction turned into a irrational broader panic, im not suggesting you should borrow against your mortgage to buy. But you may miss a big opportunity if you don't get back on before tuesday.

yes we seem to be back on a decent rally atm.  I just spent my taco money on another coin.
full member
Activity: 210
Merit: 100
I should not be so scared! And any suggestion, please, should I just buy back? feel like a huge loss for me!

I think the recent correction turned into a irrational broader panic, im not suggesting you should borrow against your mortgage to buy. But you may miss a big opportunity if you don't get back on before tuesday.
newbie
Activity: 14
Merit: 0
panic selling never did anyone any good, except recouping a small portion of their losses.

Best to eat a taco to ponder your commitment to your investment before panic selling.   and diversify. always diversify.  buy some silver.  and tacos.  


NEVER UNDERESTIMATE THE VALUE OF A GOOD TACO!!
newbie
Activity: 24
Merit: 0
I should not be so scared!


I'll buy one of your bitcoin for the going rate but can't afford to buy any more. Too bad I only have a macbook pro or I'd be mining :/
full member
Activity: 168
Merit: 100
God creats math and math creats bitcoin.
I should not be so scared! And any suggestion, please, should I just buy back? feel like a huge loss for me!
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