How does it feel to sell 10-20 kBTC in low 50's couple of hours ago? - page 3.

Dargo

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Quote from: ?? on ??

Quote from: Dargo on March 23, 2013, 09:42:23 AM

Quote from: ?? on ??

I imagine a lot of the selling in the 50s was people getting squeezed out of their long positions on bitfinex, like me. Cry

I'm never going to sleep again...

Well IMO you should just hold, since you will likely just lose your coins by putting in stops, or selling b/c you are scared by the dip. But if you want to trade it, better to sell into extremely extended runs, like the one to 75, then put in buy orders for the dip. Buy the dips, don't sell into them.

I didn't want to sell. I was asleep and got squeezed out. The moment I woke up I went long for all I could. Looking at a nice profit, too.

Good, glad to hear it. But I assume you got "squeezed out" b/c you set a stop and it got hit?

Nemesis

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I know it feels awesome sold at 71 and bought at 55.

How about you bulls?

Dargo

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Quote from: ?? on ??

I imagine a lot of the selling in the 50s was people getting squeezed out of their long positions on bitfinex, like me. Cry

I'm never going to sleep again...

Well IMO you should just hold, since you will likely just lose your coins by putting in stops, or selling b/c you are scared by the dip. But if you want to trade it, better to sell into extremely extended runs, like the one to 75, then put in buy orders for the dip. Buy the dips, don't sell into them.

proudhon

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He'll be buying much lower, I think.

ineededausername

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bitcoin hundred-aire

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Quote from: lebing on March 23, 2013, 08:43:27 AM

....
been that way for months. which made me so surprised how deep this one went. cant understand why people dont learn. Huh

Noticed the same, they seemed to be using the weekends to steady out sharp rises and not crash the price though. This one was huge and looked more like an attempt to cause a panic.

uh, not really, it wasn't huge at all

32/49 = 65%
52/75 = 69%

there's been worse

Vladimir

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-

Quote from: Herodes on March 23, 2013, 08:47:33 AM

Quote from: Vladimir on March 23, 2013, 08:28:56 AM

67-68 now.

You're so obnoxious. I'm glad you're not my brother, I would probably fight you constantly. Grin

indeed. Doing my best.

thezerg

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Quote from: lebing on March 23, 2013, 08:43:27 AM

Quote from: ?? on ??

Sphincter tearing dump got pwned, that's got to hurt

Was worried there could be a panic over the weekend but it looks more like 'great, gimmie cheap coins'.

been that way for months. which made me so surprised how deep this one went. cant understand why people dont learn. Huh

It didn't go deep. Look at the graph, it barely touched the top of the average trendline that has been set over the past few months, due to the massive upwards breakout that started on monday. This market is still driven buy buyers...

http://www.bitcoincharts.com/charts/mtgoxUSD#rg30zigHourlyztgSzm1g10zm2g25zv

Herodes

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