Protip from Milkshake: Long BTC forever with as much leverage as you can get. 
Doubled my bitcoins
Doubled my bitcoins
be careful. don't let greed blind you. learn from the OP; the flipside happens as well.
Topic: I fell into the bear trap... three times. (Read 2691 times)
be careful. don't let greed blind you. learn from the OP; the flipside happens as well.
What reporter would want to look like a idiot proven wrong not only one time but two times?
I'm 100% sure there are at least a few who think they are "correct" if they stick with the main-stream view, i.e. that only official and centrally issued money should be used and nothing else. 
There will be no more Bitcoin is dead articles unless Bitcoin really dies.
What reporter would want to look like a idiot proven wrong not only one time but two times?
What reporter would want to look like a idiot proven wrong not only one time but two times?
haha, lol. It seems to me one could find some of this kind of journalist.
Bitcoin only 16.000 subscribers on reddit.
Gangnam style from 0 to 1,337,768,313 views in a 6 months.
Trends on internet do explode if possible...
There will be articles if/once btc reach breaks $32.
There will be no more Bitcoin is dead articles unless Bitcoin really dies.
What reporter would want to look like a idiot proven wrong not only one time but two times?
Gangnam style from 0 to 1,337,768,313 views in a 6 months.
Trends on internet do explode if possible...
There will be articles if/once btc reach breaks $32.
There will be no more Bitcoin is dead articles unless Bitcoin really dies.
What reporter would want to look like a idiot proven wrong not only one time but two times?
last time, if you mean july 2011, 2 was the bottom. now it is about 20. look at the log chart, all the truth you need to know is there.
it can't be an endless ramp, but 32 could easily become the new bottom.
I remember thinking that last time too, that 25 was the new bottom. I actually sold 2 bitcoins for equivlant of around 40$ USD at the time, purely by luck, and 10 minutes later the market crashed XDBut now I look back, and 31 being the mtGox peak seems so low, I swear it was in the 40s.. but nope.
32 might be the new bottom, but I'm not going to buy in more just yet.
The best two strategies seem to be either to go fully into becoming a trader, which means you have to develop your skills and may take a long time,
or just buy and hold.
or just buy and hold.
it can't be an endless ramp, but 32 could easily become the new bottom.
I know how you feel man, I've been lucky mostly, though this current market is making me twitch a little.
I feel a little bit itchy under the skin that I didn't wait for the price to go up higher... here I am sitting, watching the price climb skyward, we are almost breaking our all time record.
All in all though, I am content.
I purchased 20 back in december-ish for around 11USD a bitcoin, I sold them at 27USD the other day... that is a massive profit margin. Whether the price ever goes back down for me to turn those sold bitcoins back in to more bitcoins doesn't REALLY matter. I have the money in hand, I can use it, It doesn't go to waste, it was over double profit.
Plus I have a decent sized savings of bitcoins.
My idea was, I "know" the bitcoins are worth at least 20 right now, so if it gets below 20, I buy back in. If it hits 40$ I'll sell another 10 bitcoins. The only part I don't have a plan for is if it keeps rising beyond that. I don't believe it will yet, I "know" there is going to be a another crash sooner or later here, there "has" to be, right?
This can't be an endless ramp, right? The price is skyrocketing so fast...
I feel a little bit itchy under the skin that I didn't wait for the price to go up higher... here I am sitting, watching the price climb skyward, we are almost breaking our all time record.
All in all though, I am content.
I purchased 20 back in december-ish for around 11USD a bitcoin, I sold them at 27USD the other day... that is a massive profit margin. Whether the price ever goes back down for me to turn those sold bitcoins back in to more bitcoins doesn't REALLY matter. I have the money in hand, I can use it, It doesn't go to waste, it was over double profit.
Plus I have a decent sized savings of bitcoins.
My idea was, I "know" the bitcoins are worth at least 20 right now, so if it gets below 20, I buy back in. If it hits 40$ I'll sell another 10 bitcoins. The only part I don't have a plan for is if it keeps rising beyond that. I don't believe it will yet, I "know" there is going to be a another crash sooner or later here, there "has" to be, right?
This can't be an endless ramp, right? The price is skyrocketing so fast... 
Congratulations for becoming a true believer 
Great advice, everyone!
you should name the newborn Satoshi. Satoshi Dice.
Storm is coming... see that big wall ?
yeah this is another step... dont say i didnt warn you.
yeah this is another step... dont say i didnt warn you.
My advice: learn to catch the bottom, not the top, the latter is a tricky business.
Protip from Milkshake: Long BTC forever with as much leverage as you can get.
Doubled my bitcoins
Doubled my bitcoins
It takes a real man to admit it.
Getting margined out on bitcoinica was my lesson. I had the general trend correct but the trixy market makers ran a squeeze on me and my ilk, and took of with my coins.
I can't take this any more. Over the past six days I sold three times expecting a correction, only to get hurt and call a stop-loss at 2%-4% above. The second time I actually got it right, but changed my mind and bought back after the Mega tweet. Sure enough, the price briefly fell ~5% within a day, right through my deleted bids.
All in all, I quit. All my coins go into paper wallets, and I focus less on charts and more on preparing for the newborn, which is due in a few weeks.
Oh, and this being the speculation thread - expect a big correction any moment after I've gone all paper, followed by a continued rise. The correction simply due to trigger-happy, anxious speculators, the rise due to great-looking fundamentals.
Yours truly,
niko
All in all, I quit. All my coins go into paper wallets, and I focus less on charts and more on preparing for the newborn, which is due in a few weeks.
Oh, and this being the speculation thread - expect a big correction any moment after I've gone all paper, followed by a continued rise. The correction simply due to trigger-happy, anxious speculators, the rise due to great-looking fundamentals.
Yours truly,
niko
Wisdom!
Good luck with your newborn!
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and I focus less on charts and more on preparing for the newborn, which is due in a few weeks.
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and I focus less on charts and more on preparing for the newborn, which is due in a few weeks.
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Ah, I was in that boat a year ago. Is it your first? If so, you won't even *think* about bitcoin for weeks...(and that's a good thing).
Yep, it's the first one, and your description is pretty much what I'm expecting. No speculation there
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and I focus less on charts and more on preparing for the newborn, which is due in a few weeks.
...
and I focus less on charts and more on preparing for the newborn, which is due in a few weeks.
...
Ah, I was in that boat a year ago. Is it your first? If so, you won't even *think* about bitcoin for weeks...(and that's a good thing).
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