I dumped. Are you? - page 3. | Bitcointalksearch.org

ssmc2

legendary

Activity: 2002

Merit: 1040

Quote from: 8up on November 12, 2015, 10:26:02 AM

When markets scare you, it's important to know where you are. Wink

http://www.bitcoincharts.com/charts/bitstampUSD#rg60zigHourlyzczsg2012-05-01zeg2012-09-30ztgSzm1g10zm2g25zv

+1

Denker

legendary

Activity: 1442

Merit: 1016

Quote from: 8up on November 12, 2015, 10:26:02 AM

When markets scare you, it's important to know where you are. Wink

Haha thanks for bumping that thread.

This just shows me that holding for a few years or even longer can't be that bad.Therefore I will keep my strategy and continue to buy a bit more everytime I have a possibilty to do so, meaning some fiat left.

richardsNY

legendary

Activity: 1232

Merit: 1091

Quote from: 8up on November 12, 2015, 10:26:02 AM

When markets scare you, it's important to know where you are. Wink

This just shows that holding Bitcoin for a few years is the best possible option. I will keep holding my coins for plenty of years. How bad markets might look at a certain point, the long term will make you smile.

8up

hero member

Activity: 618

Merit: 500

When markets scare you, it's important to know where you are. Wink

http://www.bitcoincharts.com/charts/bitstampUSD#rg60zigHourlyzczsg2012-05-01zeg2012-09-30ztgSzm1g10zm2g25zv

ruski

full member

Activity: 350

Merit: 100

Good morning!

So I didn't dump at the bottom after all, huh?

mb300sd

legendary

Activity: 1260

Merit: 1000

Drunk Posts

I'm currently taking a dump, however I have no plans to dump my BTC Grin

notme

legendary

Activity: 1904

Merit: 1002

Quote from: Fluttershy on August 19, 2012, 12:52:54 PM

Smart money's chilling with their fiat dollars while they wait for a rebound.

Smart money's already bought back in so they don't have to fight for the few BTC still for sale against everyone else sitting with fiat in their accounts now.

Fluttershy

sr. member

Activity: 420

Merit: 250

Smart money's chilling with their fiat dollars while they wait for a rebound.

gutschilla

newbie

Activity: 17

Merit: 0

Quote from: muyuu on August 19, 2012, 10:46:31 AM

Don't worry mate, you will find another girlfriend.

Another girlfriend (by simply being a girl) would result in the same "problem" Wink

I keep dumping ~~girls~~ coins.

Again, @9.55 I panic sold the coins bought at @9.2 feeling somewhat uncomfortable. Damn, that feeling was right. 8.8, already. Time to buy? Must be a panic buy for me to work out.

PANIC!

anu

legendary

Activity: 1218

Merit: 1001

RepuX - Enterprise Blockchain Protocol

Quote from: proudhon on August 19, 2012, 10:31:36 AM

Quote from: enquirer on August 19, 2012, 08:56:02 AM

Me thinks recent rise from 5 to 15 was due to people buying to invest in pirate 7%/week scheme; now it's going back to 5, and probably could dip into 1-2 range because pirate must sell his earnings (which is 500k bitcoins)

This. On the bright side, this, what, the third time people will get z chance to be early investors. Hey, maybe in the end everyone will get to be an early investor!?

SatoshiDice has nothing to do with it? And the rising revenue on certain online markets?

muyuu

donator

Activity: 980

Merit: 1000

Don't worry mate, you will find another girlfriend.

humanitee

hero member

Activity: 1302

Merit: 502

When is the time for late investors!?

proudhon

legendary

Activity: 2198

Merit: 1311

Quote from: enquirer on August 19, 2012, 08:56:02 AM

Me thinks recent rise from 5 to 15 was due to people buying to invest in pirate 7%/week scheme; now it's going back to 5, and probably could dip into 1-2 range because pirate must sell his earnings (which is 500k bitcoins)

This. On the bright side, this, what, the third time people will get z chance to be early investors. Hey, maybe in the end everyone will get to be an early investor!?

gutschilla

newbie

Activity: 17

Merit: 0

I dumped at 14.7 because I got scared. So much heat. And I couldn't resist taking the profit.

Then the price rose to 15, then 15.2 and I found myself tempted to panic-buy. Fortunately, my girlfriend was upset about me starring the whole day at may cellphone (she knows what I am doing when the screen is orange [MtGox app]), so I put away the phone. We went for lunch.

Price dropped to 13.1 and I was feeling great. Too great, as I bought 25% of the coins sold back, waiting to buy more. Still panicking. Price dropped further and further. Today I bought another 25% back at 9.2.

Now, I think I'll wait for what happens. If I just could predict it. I made more than 1K$ profit which decently adds to my holiday pocket Grin

but the last two months just felt so good I want to feel it again.

If price drops any further, I'll wait for 5$ to buy back in, maybe even lower. If price stabilizes at [9-11] range. I'll buy back in after a couple of weeks, if price rises I'll sell everything at 12.

After all, I am a bad trader. All this panicking Shocked

sceeth0

newbie

Activity: 23

Merit: 0

If I sell at the wrong time I take a loss and end up with fewer BTC over the long run.

If I sell at the right time, I make a profit and owe taxes to a bloated government that thinks "You didn't sell that."

So no. For me, dumping was never an option. There were other ways for a mostly all-in investor to hedge against stable or falling prices, the simplest assuming mining difficulty will follow price. The exchange rate can do whatever it pleases, and tomorrow I'll be slightly wealthier by most measures that I care about.

cbeast

donator

Activity: 1736

Merit: 1014

Let's talk governance, lipstick, and pigs.

Quote from: Mistafreeze on August 19, 2012, 10:04:00 AM

I cashed out at $14.91 on the way up. I just didn't feel like the rally could be supported. I'm going to sit out for a day or two and see what happens now. $$$ is in the exchange though, just waiting to double the amount of coins I had Grin

Pics or it didn't happen Wink

Definit

sr. member

Activity: 357

Merit: 250

hurry, buy now! before it drops! Roll Eyes

Mistafreeze

sr. member

Activity: 897

Merit: 284

I cashed out at $14.91 on the way up. I just didn't feel like the rally could be supported. I'm going to sit out for a day or two and see what happens now. $$$ is in the exchange though, just waiting to double the amount of coins I had Grin

420

hero member

Activity: 756

Merit: 500

Quote from: enquirer on August 19, 2012, 08:56:02 AM

Me thinks recent rise from 5 to 15 was due to people buying to invest in pirate 7%/week scheme; now it's going back to 5, and probably could dip into 1-2 range because pirate must sell his earnings (which is 500k bitcoins)

Me thinks $8 is the floor

enquirer

sr. member

Activity: 306

Merit: 257

Me thinks recent rise from 5 to 15 was due to people buying to invest in pirate 7%/week scheme; now it's going back to 5, and probably could dip into 1-2 range because pirate must sell his earnings (which is 500k bitcoins)

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