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Topic: I already sold all my coins... waiting to get back at $200 - page 3. (Read 4453 times)

legendary
Activity: 2870
Merit: 7490
Crypto Swap Exchange
I think you will regret your decision since bitcoin price already went up to $260
But, who knows if recent hacked bitcoin is dumped Roll Eyes
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
Maybe even lower, depending how fast it reaches 200.

Sorry to hear about your huge mistake:
Fundamentals are king, so the only smart move is to buy and hold at this time.
sr. member
Activity: 271
Merit: 250
200$ is too low, question is whether Bitcoin will be ever that low again.

Seriously, been hearing this at 600, 500, 400, etc...when is this turnaround coming?
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
Dollar cost averaging is the most sensible strategy for investment and divestment. Anything else is gambling.
full member
Activity: 224
Merit: 100
Maybe even lower, depending how fast it reaches 200.

@thms,

Thanks for the cheap coins you sold!

I really think you f'd up.

Now, go and re-buy those coins you sold. Do it now. Don't wait. Fix the mistake. Sooner, rather than later, since it will get more and more expensive. Literally.

Take my advice or leave it, your choice. I don't care. You're just a stranger on the interweb. Why do I care if you are drowning???
sr. member
Activity: 303
Merit: 250
If Bitcoin is anyway going to the moon, it doesn't matter whether you get in at $250 or slightly lower.
I would rather not take the chance of a bull run just after I sold my coins.  Smiley
legendary
Activity: 2101
Merit: 1061
Rather than selling I'm accumulating. Thanks for the coins
sr. member
Activity: 266
Merit: 250
on the way back to $200, nice prediction Smiley
hero member
Activity: 490
Merit: 500
Good luck with that...
Do yourself a favor an at least put some buying orders on the way down - maybe with some luck you'll get something filled.
Setting a mental goal that has no real reason to happen is never a good idea!
legendary
Activity: 888
Merit: 1000
Monero - secure, private and untraceable currency.
200$ is too low, question is whether Bitcoin will be ever that low again.
legendary
Activity: 1176
Merit: 1000
You were mining bitcoin in 2010. How far you have fallen.


I believe the general consensus is that the creator of the kwukduck account sold it to it's current owner, who BTW is a complete moron.  Best just add him to your ignore last like the rest of us.  Wink


This is the most likely possibility, solid suggestion.

Shame to see an old account wrecked.
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
Sold all your coins? Ouch, sorry to hear it bud.
hero member
Activity: 728
Merit: 500
You were mining bitcoin in 2010. How far you have fallen.


I believe the general consensus is that the creator of the kwukduck account sold it to it's current owner, who BTW is a complete moron.  Best just add him to your ignore last like the rest of us.  Wink


This is the most likely possibility, solid suggestion.
legendary
Activity: 1204
Merit: 1028
Maybe even lower, depending how fast it reaches 200.
I think it's generally a bad idea to sell ALL coins unless we are at an obvious bubble, even then you can fuck up. We may go up right now as we speak.
legendary
Activity: 1512
Merit: 1000
You were mining bitcoin in 2010. How far you have fallen.


I believe the general consensus is that the creator of the kwukduck account sold it to it's current owner, who BTW is a complete moron.  Best just add him to your ignore last like the rest of us.  Wink
sr. member
Activity: 278
Merit: 250
I am confident that BTC wil go up again soon.
legendary
Activity: 2170
Merit: 1427
Since the mini price recovery of summer 2014, the BTC/USD price has declined in a series of steps, occurring in mid Aug 2014 (600 to 500), mid Sep 2014 (500 to 400), early Oct 2014 (400 to 300, then back to around 350), then a long period of relative stability until the big drop to around 200 in early Jan 2015.

Each step was preceded by a few days of gradual price declines. This decline took the price to just below the recent lowest price. So, for example:
- in 10-12 Aug 2014 the price drifted down to around 550, which was the lowest price for a few months. The next day the price fell sharply to below 500.
- in 13-16 Sep 2014 the price drifted down to 450, again just a new recent low. The next day the price fell sharply to below 400.
- in early Jan 2015, the Bitstamp closedown caused the price to fall to a new low of below 300, which then triggered the sharp fall to around 200.

So my hypothesis is that if the price drifts down to 200, then we will see the next big step down, very quickly (within a day to two of the price drifting down to 200) falling to 100.

Don't buy at 200. It will be the next big fall.
Either:
- wait until 100; or
- buy now, as you believe that BTC will never fall to 200 again.



If you think it will go to $100 level then place your buy orders there.

I only think you'll waste a lot time waiting for your buy order to get filled Cheesy
Q7
sr. member
Activity: 448
Merit: 250
You might regret having done that. Looks like the Price is going back up again after hitting 250 and there's a sign of strong buying going on. Regardless, anything can still happen from here. Probably you were right, probably not but for me I'm not taking the chance so still holding on to mine.
full member
Activity: 215
Merit: 100
Since the mini price recovery of summer 2014, the BTC/USD price has declined in a series of steps, occurring in mid Aug 2014 (600 to 500), mid Sep 2014 (500 to 400), early Oct 2014 (400 to 300, then back to around 350), then a long period of relative stability until the big drop to around 200 in early Jan 2015.

Each step was preceded by a few days of gradual price declines. This decline took the price to just below the recent lowest price. So, for example:
- in 10-12 Aug 2014 the price drifted down to around 550, which was the lowest price for a few months. The next day the price fell sharply to below 500.
- in 13-16 Sep 2014 the price drifted down to 450, again just a new recent low. The next day the price fell sharply to below 400.
- in early Jan 2015, the Bitstamp closedown caused the price to fall to a new low of below 300, which then triggered the sharp fall to around 200.

So my hypothesis is that if the price drifts down to 200, then we will see the next big step down, very quickly (within a day to two of the price drifting down to 200) falling to 100.

Don't buy at 200. It will be the next big fall.
Either:
- wait until 100; or
- buy now, as you believe that BTC will never fall to 200 again.
hero member
Activity: 630
Merit: 500
Your positions decides your comments, people with bear position are talking about 50$ Bitcoin while people with heavy position saying it will go back up soon.
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