Author

Topic: Good time to cash out? Me thinks a correction is coming (Read 1682 times)

DrG
legendary
Activity: 2086
Merit: 1035
All the people who were afk or didn't sell on the way down to $50 now are given a second chance.  Most of America is asleep, so I figure come morning for them there will be some profit taking.

I put in my buys for $60, and still sitting on all the coins I mined so if goes to $266 I win either way  Grin

Just gotta decide if I should grab some LTC before going to bed...
newbie
Activity: 28
Merit: 0
i would sell NOW if i were you!!

Huge fake buy wall @ 125 indicates market manipulation upward...
You could try to ride it up to 150 just don't get caught sleeping with BTC if it pops.
DrG
legendary
Activity: 2086
Merit: 1035
SOLD, missed 135 first time, getting my money now and not getting greedy.
hero member
Activity: 634
Merit: 500
This is what I like to see.

member
Activity: 358
Merit: 10
i would sell NOW if i were you!!
member
Activity: 84
Merit: 10
Except: we have very recent prices to go by, beyond $266 yes you would be right to be very cautious, up to then we have history.

I don't think that figure is at all reliable! It was a bubble, and that always happens in bubbles. If we look back to 2011, the price inflated to USD 30 before dropping back down to USD 10. Then it took almost a year for it to climb back up.

It's risky making book based on one data point.
newbie
Activity: 15
Merit: 0
Except: we have very recent prices to go by, beyond $266 yes you would be right to be very cautious, up to then we have history.

I don't think that figure is at all reliable! It was a bubble, and that always happens in bubbles. If we look back to 2011, the price inflated to USD 30 before dropping back down to USD 10. Then it took almost a year for it to climb back up.
member
Activity: 84
Merit: 10
I held all my coins from $250 all the way to $50. I'm going to change strategies, and will be taking some profits this week.

https://bitcointalksearch.org/topic/m.1882845
member
Activity: 358
Merit: 10
sr. member
Activity: 329
Merit: 250
LTC -> BTC -> Silver!
I held all my coins from $250 all the way to $50. I'm going to change strategies, and will be taking some profits this week.
member
Activity: 84
Merit: 10
No good reason to stick in tonight?

It's not going to break 130..

It's gone up 30% in less than a day.

Can't be sustainable. The question is... how high to climb before you dump

Ooops.  That prediction lasted 22 minutes.

$130.02.
sr. member
Activity: 350
Merit: 250
"Don't go in the trollbox, trollbox, trollbox"
Except: we have very recent prices to go by, beyond $266 yes you would be right to be very cautious, up to then we have history.
hero member
Activity: 504
Merit: 500
dumping is always a bad idea, even if it later turns out to be a good idea.
legendary
Activity: 1036
Merit: 1000
Selling a few % to strength for portfolio balance is one thing, but dump all your coins?? Uhh, no.

Also, the "fuck you" option should be in the middle, so it looks like the poll itself is flipping you off. Pollmaking 101 Grin
member
Activity: 84
Merit: 10
No good reason to stick in tonight?

It's not going to break 130..

It's gone up 30% in less than a day.

Can't be sustainable. The question is... how high to climb before you dump

$129.50...
full member
Activity: 224
Merit: 100
My problem is I keep getting burned trying to day trade.

End up paying $200 in fees every time. Plus a loss if the market moves in the wrong direction.

Fuck gox and their fees.

Wait a minute... just fuck Gox..
sr. member
Activity: 349
Merit: 250
This is the correction. Correcting back to 260 from the gox failure.  Grin
full member
Activity: 224
Merit: 100
No good reason to stick in tonight?

It's not going to break 130..

It's gone up 30% in less than a day.

Can't be sustainable. The question is... how high to climb before you dump
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