Topic: Do i buy now? (Read 6274 times)

66% profit in <2 days ... not bad

My trades:

Type   Date and Time   BTC Amount   USD Amount   BTC Price   Fee
Buy   Dec. 19, 2013, 1:50 a.m.   1.32581810 BTC   -$660.39   $498.10    $1.33
Buy   Dec. 19, 2013, 1:50 a.m.   1.98520739 BTC   -$988.83   $498.10    $1.98
Buy   Dec. 19, 2013, 1 a.m.   2.00000000 BTC   -$1,026.20   $513.10    $2.06
Buy   Dec. 19, 2013, 1 a.m.   2.00000000 BTC   -$1,037.00   $518.50    $2.08
Buy   Dec. 18, 2013, 2:17 p.m.   1.30231247 BTC   -$710.15   $545.30    $1.43
Buy   Dec. 18, 2013, 2:16 p.m.   0.69768753 BTC   -$380.45   $545.30    $0.77
Buy   Dec. 17, 2013, 7:50 p.m.   1.95104685 BTC   -$1,369.83   $702.10    $2.74
Buy   Dec. 17, 2013, 2:41 p.m.   1.40522663 BTC   -$964.86   $686.62    $1.93

Also made this little trade outside of exchanges yesterday:
Date       18-12-2013 @ 12:06
Bitcoins  1.00000000
Price      €300,93
Confirmations  232    OK   

No selling done, just hodling and cudling my coins.

nice lesson for Mat

19.12.2013   out      
   BTC sold: [tid:1387441870054322] 9.00000000 BTC at 448.00000 €      
19.12.2013   in      
   BTC bought: [tid:1387417908035556] 10.00000000 BTC at 390.00000 €      
18.12.2013   in      
   BTC bought: [tid:1387395153217830] 0.50000000 BTC at 410.00000 €      
18.12.2013   out      
   BTC sold: [tid:1387390132804010] 7.00000000 BTC at 430.00000 €      
18.12.2013   out      
   BTC sold: [tid:1387390132717078] 5.00000000 BTC at 430.00000 €      
18.12.2013   out      
   BTC sold: [tid:1387390057781033] 5.00000000 BTC at 431.00000 €      
18.12.2013   out      
   BTC sold: [tid:1387390057718780] 5.00000000 BTC at 431.00100 €      
18.12.2013   out      
   BTC sold: [tid:1387390057591483] 5.00000000 BTC at 432.40000 €      
18.12.2013   in      
   BTC bought: [tid:1387356320137130] 25.00000000 BTC at 350.00000 €      
18.12.2013   in      
   BTC bought: [tid:1387356170132528] 4.00000000 BTC at 355.00000 €      
18.12.2013   in      
   BTC bought: [tid:1387355216294733] 0.50000000 BTC at 385.00000 €      
18.12.2013   in      
   BTC bought: [tid:1387351393868533] 0.50000000 BTC at 415.00000 €      
18.12.2013   in      
   BTC bought: [tid:1387350961088381] 0.50000000 BTC at 420.00000 €      
18.12.2013   in      
   BTC bought: [tid:1387347034585935] 0.50000000 BTC at 450.00000 €      
18.12.2013   in      
   BTC bought: [tid:1387344789830037] 0.50000000 BTC at 480.00000 €      
16.12.2013   in      
   BTC bought: [tid:1387222956125198] 0.50000000 BTC at 520.00000 €      
16.12.2013   in      
   BTC bought: [tid:1387221831675671] 0.50000000 BTC at 545.00000 €      
16.12.2013   in      
   BTC bought: [tid:1387217858967904] 0.50000000 BTC at 570.00000 €      
16.12.2013   in      
   BTC bought: [tid:1387215524804540] 0.50000000 BTC at 580.00000 €      
16.12.2013   in      
   BTC bought: [tid:1387200630348396] 0.50000000 BTC at 595.00000 €      
12.12.2013   out      
   BTC sold: [tid:1386865323449300] 1.00000000 BTC at 640.00000 €      
12.12.2013   in      
   BTC bought: [tid:1386864804921430] 0.50000000 BTC at 620.00000 €      
11.12.2013   in      
   BTC bought: [tid:1386792157699910] 0.50000000 BTC at 640.00000 €      
09.12.2013   out      
   BTC sold: [tid:1386591132983586] 1.00000000 BTC at 672.00000 €      
07.12.2013   in      
   BTC bought: [tid:1386433986016139] 0.50000000 BTC at 520.00000 €      
07.12.2013   out      
   BTC sold: [tid:1386421435352976] 1.00000000 BTC at 565.10000 €      
07.12.2013   out      
   BTC sold: [tid:1386417351363316] 1.0000000 BTC at 580.00000 €      
07.12.2013   in      
   BTC bought: [tid:1386402918670357] 0.50000000 BTC at 420.00000 €      
07.12.2013   in      
   BTC bought: [tid:1386401211337111] 0.50000000 BTC at 450.00000 €      
07.12.2013   out      
   BTC sold: [tid:1386395453422274] 2.00000000 BTC at 543.00000 €      
07.12.2013   in      
   BTC bought: [tid:1386382140361034] 0.50000000 BTC at 470.00000 €      
07.12.2013   in      
   BTC bought: [tid:1386381925986143] 0.50000000 BTC at 490.00000 €      
07.12.2013   in      
   BTC bought: [tid:1386381707377437] 0.50000000 BTC at 520.00000 €      
07.12.2013   in      
   BTC bought: [tid:1386381413559365] 0.50000000 BTC at 540.00000 €      
07.12.2013   in      
   BTC bought: [tid:1386380448739173] 0.50000000 BTC at 560.00000 €      
06.12.2013   out      
   BTC sold: [tid:1386361861108041] 0.50000000 BTC at 645.00000 €      
06.12.2013   in      
   BTC bought: [tid:1386360984085943] 0.50000000 BTC at 605.00000 €      
06.12.2013   out      
   BTC sold: [tid:1386351387654922] 1.00000000 BTC at 716.00000 €      
06.12.2013   out      
   BTC sold: [tid:1386351387406318] 1.00000000 BTC at 716.75000 €      
05.12.2013   in      
   BTC bought: [tid:1386238021697268] 0.50000000 BTC at 680.00000 €      
05.12.2013   in      
   BTC bought: [tid:1386237756725026] 0.50000000 BTC at 710.00000 €      
05.12.2013   in      
   BTC bought: [tid:1386234018528919] 0.50000000 BTC at 760.00000 €      
05.12.2013   in      
   BTC bought: [tid:1386233350220836] 0.50000000 BTC at 810.00000 €      
05.12.2013   out      
   BTC sold: [tid:1386220839603339] 20.00000000 BTC at 895.00000 €      
03.12.2013   out      
   BTC sold: [tid:1386075634733508] 13.00000000 BTC at 855.00000 €      



My sell of was not perfect.
MT Gox EU.

coinbase. i'd post bot trades but they are boring (buy 500 sell 540 five hundred times)

bitcoin-otc ?

less panic and you'll do good. here's some manual trades I did lately.

see, you don't have to do all sell-buy-sell-buy in one day, that's for bots. you just buy low.

Ok smart guy.

what exchange you on?

Let us see your trades for this downturn?

Here are mine:


Type   Date and Time   BTC Amount   USD Amount   BTC Price   Fee
Sell   Dec. 18, 2013, 1:12 p.m.   -1.57649182 BTC   $772.48   $490.00    $1.70
Sell   Dec. 18, 2013, 1:11 p.m.   -9.93358175 BTC   $4,867.46   $490.00    $10.71
Sell   Dec. 18, 2013, 1:09 p.m.   -0.39184268 BTC   $192.00   $490.00    $0.43
Sell   Dec. 18, 2013, 1:09 p.m.   -0.03350000 BTC   $16.42   $490.00    $0.04
Sell   Dec. 18, 2013, 1:09 p.m.   -0.10155102 BTC   $49.76   $490.00    $0.11
Sell   Dec. 18, 2013, 1:09 p.m.   -5.00000000 BTC   $2,450.00   $490.00    $5.39
Sell   Dec. 18, 2013, 1:09 p.m.   -0.03060000 BTC   $14.99   $490.00    $0.04
Sell   Dec. 18, 2013, 1:09 p.m.   -0.19260000 BTC   $94.37   $490.00    $0.21
Sell   Dec. 18, 2013, 1:09 p.m.   -0.08200000 BTC   $40.18   $490.00    $0.09
Sell   Dec. 18, 2013, 1:09 p.m.   -0.04100000 BTC   $20.09   $490.00    $0.05
Sell   Dec. 18, 2013, 1:09 p.m.   -1.90877165 BTC   $935.30   $490.00    $2.25
Sell   Dec. 18, 2013, 1:09 p.m.   -0.05561224 BTC   $27.25   $490.00    $0.07
Sell   Dec. 18, 2013, 1:09 p.m.   -0.03620000 BTC   $17.74   $490.00    $0.05
Sell   Dec. 18, 2013, 1:09 p.m.   -0.56190000 BTC   $275.33   $490.00    $0.67
Sell   Dec. 18, 2013, 1:08 p.m.   -1.49990000 BTC   $734.95   $490.00    $1.77
Sell   Dec. 18, 2013, 1:08 p.m.   -0.05444884 BTC   $26.68   $490.00    $0.07
Buy   Dec. 18, 2013, 7:23 a.m.   2.50000000 BTC   -$1,300.00   $520.00    $3.12
Buy   Dec. 18, 2013, 7:20 a.m.   4.00000000 BTC   -$2,120.00   $530.00    $5.09
Buy   Dec. 18, 2013, 7:14 a.m.   3.00000000 BTC   -$1,620.00   $540.00    $3.89
Buy   Dec. 18, 2013, 6:13 a.m.   2.00000000 BTC   -$1,100.00   $550.00    $2.64
Buy   Dec. 18, 2013, 6:05 a.m.   10.00000000 BTC   -$5,610.00   $561.00    $13.47

Yup, despite it being so 'easy' not lose money right now, this counts as my worst ever Bitcoin trade.

But lets see how the real pro done?

P.S. No show means you are talking out your butthole.

Don't trade with emotions...
Just place limit orders... it's so easy to not lose money right now...
and you just manage to buy high and sell low? WTF?

Wouldn't an All-time-low be, like, .005$?

This is more of a one-month low, is that what you mean? Sounds like a good time to buy

Ok, you go ahead and buy on the all time lows.

But if you don't mind, I will wait until confirmation that the bear trend is over.

(and I really really don't think that is now)

looks like a double apple bottom to me...time to buy

Don't shed digital crocodile tears for me. I am 5K ($8K) up in a month whereas the majority of people who have invested in Bitcoin have lost (don't argue, this is an axiom of boom n bust cycles). I am just a little bit pissed that I mistimed my buy-in and sold prematurely on the bounce....boo hoo hoo poor little me.

It may well go above $600 today. Oh well, a $1200 dollar loss could have been a $500 gain. Win some ye lose some. but at $600 dollars, the 240 minute chart still looks like this:



Time to take advantage of 'cheap' coins!?

Ermmm Nein Danke!

PS. Have you just seen the price?  Bitstamp almost at 580, Now is the time to sell. It will pop back down below $550 before the day is up so you can rebuy at a profit and make up some of those losses. Just a little day trading tip.

Well if you had bought at $480 as I said, you could have exited out at $550 and made a tidy profit.

I don't understand your motivations, either you are day-trading in which case you don't care about long term trends, or you are in it for the long term in which case short term dips mean nothing. It seems to me that you've just taken a fat hit because you couldn't make your mind up. I will shed digital tears for you when it goes past $600 later today.

Are you mental?

I bought at $550, and have just sold at $490.

Yes, that is a 12% loss. I took this on the chin cos the charts are telling me this is as good as its gonna get for quite some time.

But when is the first worst time to buy?

The best time to buy was a few hours ago when it dipped under $400 on Bitstamp.

The second best time to buy is now when it's $480 on Bitstamp.

Well turns out I was being a little too optimistic, but the lowest levels I mentioned ($450 Gox/$380 Stamp) were pretty accurate at least to catch a nice bounce. I think those levels will hold but nothing is certain in bitcoin.

2011 just called... Said something about someone borrowing a ladder...