Topic: I already sold all my coins... waiting to get back at $200 - page 2. (Read 4453 times)
Well, most bottoms have a retest eventually and testing 150 would be healthy and the least expected by the sounds of things on this thread. I suspect we test 150 over the coming weeks. It would actually be a healthy event for a sustained bull run.
By the way that triangle closed now, it's not looking good for OP.
Only time will tell.
Only time will tell.
Sell all your coins and wait $ 200 was not a 'good idea', you should hodl like a boss (and before or after the next halving you will be rich 
). Don't waste your time and try to gain few bucks.
). Don't waste your time and try to gain few bucks. Maybe even lower, depending how fast it reaches 200.
wait long long.. maybe the day you ....... lol
I would not even pay USD 200 for a bitcoin...
that's the problem, average joe still think that the price is too high, basically only whale and semi-whale are playing with the market now
If no one want to buy and we have posts like "I sold all my coins because price is not $500 yet, so something is wrong". Maybe it is not the problem with bitcoin economy but with mentality of people?
Like most early adopters, he's actually smart and sane enough to see where this is going. The cultists are typically the people that entered Bitcoin in 2013 or later. Most cultists and permabulltards own less than 100 BTC.
But but but you entered bitcoin in 2013. Weren't you calling for prices of 100k in early 2014!?
Yes, I was also a cultist and a permabulltard once. But I managed to get out of the cult.
You'll probably escape the cult too some day.
I don't recall ever being called a cultist for buying stocks and bonds each month, not sure why buying private money is any different. Just because you lost a bundle on Bitcoin doesn't mean the concept or overall outcome won't be successful.
Like most early adopters, he's actually smart and sane enough to see where this is going. The cultists are typically the people that entered Bitcoin in 2013 or later. Most cultists and permabulltards own less than 100 BTC.
But but but you entered bitcoin in 2013. Weren't you calling for prices of 100k in early 2014!?
Yes, I was also a cultist and a permabulltard once. But I managed to get out of the cult.
You'll probably escape the cult too some day.
I would not even pay USD 200 for a bitcoin...
that's the problem, average joe still think that the price is too high, basically only whale and semi-whale are playing with the market now
From long term point of view, selling bitcoins is always wrong, but there could be short term motivation for doing that
It depends on what you mean as 'long-term perspective'. Bitcoin has been around for a bit more than 5 years, so all and all that is not long-term what we have seen so far. And one may not be sure that the price will be growing in 10, 20 years or even beyond that. On the other hand, a year in the Bitcoin community is such a long time, and if we look at the charts in the last year, they don't look positive. So I would us the word 'always' more carefully. 
From long term point of view, selling bitcoins is always wrong, but there could be short term motivation for doing that
I do not sell BTC. I just use them.
While some panic selling is going on, some people are also rapidly buying all of it at this price.
I would not even pay USD 200 for a bitcoin...
I think it will not go under 215 dollars, it is only a pump & dump for the moment and I hope this fluctuations will be lower each day. Now I think I will buy 2-3 bitcoins because I think the price will go up before the end of the month.
personally i don't think it will decline to 200, the stop is early, but shorting now isn't that bad either
better to get back at 225-230
better to get back at 225-230
Well, from the herd mentality in here, I'm guessing he gets the chance to buy at $200 or less
Lets wiat and see
Lets wiat and see
From long term point of view, selling bitcoins is always wrong, but there could be short term motivation for doing that
Just buy all of them under 300$..
I agree. The recent history of bitcoin, since summer 2014, is littered with sharp steps down when a critical support level is broken.
And 200-210 looks like such a support level.
Break that, and it's big plunge time.
Of course, it may not break that, and rise from here on. So you should buy now, or wait in the hope of much lower prices than 200.
And 200-210 looks like such a support level.
Break that, and it's big plunge time.
Of course, it may not break that, and rise from here on. So you should buy now, or wait in the hope of much lower prices than 200.
Buying at a predetermined price is a bad strategy IMO.
In this case, 200$ - because if the critical support level of 210$ won't hold, then going down as low as 120$ is possible.
In this case, 200$ - because if the critical support level of 210$ won't hold, then going down as low as 120$ is possible.
very risky move the trend line could still be upwards from the $166 bottom, we've now held above $250 for a while and if we hold much longer this could actually be a small dip and buy back opportunity.
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