Topic: I'm cashing out my bitcoins. Anyone else feeling a drop coming soon?***UPDATED** (Read 6019 times)
January 07, 2014, 06:45:07 AM
ugh this thread is so headache inducing, OP is full of contradictions.
January 07, 2014, 05:56:32 AM
OP, you have to believe in Bitcoins value. And dont bet what you cannot lose. And if you are in you must be all the way!
but what is the Abbreviation OP ?Seriously?
http://lmgtfy.com/?q=OP+forum
January 07, 2014, 05:44:29 AM
OP, you have to believe in Bitcoins value. And dont bet what you cannot lose. And if you are in you must be all the way!
but what is the Abbreviation OP ?Seriously?
http://lmgtfy.com/?q=OP+forum
January 07, 2014, 05:38:23 AM
OP, you have to believe in Bitcoins value. And dont bet what you cannot lose. And if you are in you must be all the way!
but what is the Abbreviation OP ? January 07, 2014, 05:31:14 AM
OP, you have to believe in Bitcoins value. And dont bet what you cannot lose. And if you are in you must be all the way!
January 07, 2014, 05:24:37 AM
Oh shit, OP is down on ALTs now?
what is OP,please ? 
January 06, 2014, 09:35:32 PM
Oh shit, OP is down on ALTs now? Count me IN!!! 
January 06, 2014, 08:25:53 PM
Honestly, OP's thoughts could have been more untimely.
Alts are indeed going to crap and have no (bright) future, short or medium term (LTC not counted).
Bitcoin has just bubbled and is doing a rebound, but chances of exceeding max levels are small in the absence of major catalysts (China is so 2013). A slow downtrend is not unlikely at all.
Alts are indeed going to crap and have no (bright) future, short or medium term (LTC not counted).
Bitcoin has just bubbled and is doing a rebound, but chances of exceeding max levels are small in the absence of major catalysts (China is so 2013). A slow downtrend is not unlikely at all.
January 06, 2014, 07:26:24 PM
I prefer to be wrong and make a huge profit as opposed to being right and making nothing.
+1
I am just going to keep hodling!
January 06, 2014, 07:07:22 PM
I prefer to be wrong and make a huge profit as opposed to being right and making nothing.
January 06, 2014, 06:42:12 PM
I made a bad call this time about bitcoin, because the alt-coin market was going to crap, and I figured the bitcoin market was also. Just read my original post, I mentioned cashing out of the alt-coin market. I never traded bitcoins, only bought them to invest in alt-coins, so I never watched the bitcoin market.
I was right about the alt-coin market at the time, and cashed out before mostly everything fell. I cashed out on Nxtcoin at the peak of .00013 making over 20x my original investment at .00000500.
I got scammed and rebought in at .00009 before the source code release when the NXT cartel decided to peg the price at .00009 forcing me to buy in high. Then I sold out at .00007 and warned everybody at .00007 that I am cashing out at that point and why. Just an hour after I warned people on the forum the price dropped from .00007 to .00005. I got scammed here due to blatant price manipulation. But I still profited from my 20x rise.
However, the alt-coin market was failing because they have to share all the money being invested in them. Most of the crappy ones will fall, and only few will survive and it will only get worse.
Trust me, I am warning people away like crazy in the alt-coin community about the inevitable price collapses of many of the crap-cions, as the market is so tiny and they have to continually share any growth with all the others and all the new temporary hot ones coming out. Plus I try and let people know just how high the growth rate is on many of them which will inevitably make them fail in the tiny market.
Trust me, many people don't like me over there, just like most don't like me here.
There was a time you could have profited with alt-coins but you have to play it very smart. I never invested in bitcoins directly, I still have about 7 bitcoins from selling alt-coins, I sold very little of them as I basically decided to sell if they went under $675 and if it didn't just ride the wave up.
However, I did make a bad call here thinking the bitcoin market was tied with the alt-coin market, which it really isn't. Weakness over there does not mean bitcoin weakness. My mistake. I really should have made the title, "I'm cashing out my alt-coins".
Actually, the reason that bitcoin may have rose was because the alt-coin market is failing and people are putting their money back into bitcoins now. It has actually made it stronger! Which I failed to see.
Just read some of my posts, I warned people in the Emark to cash out at .0003, and gave them good reason to. I already cashed out at .0004 after buying in at .0001. They gave me the same non-sense you guys give me that I don't know what I'm talking about. The Emark went down to .0002 and will go back to .0001 for sure.
https://bitcointalksearch.org/topic/m.4294369
Look at me warn people from earth coin, only to have it fall over 25% from the warning.
https://bitcointalksearch.org/topic/m.4331360
Just before saying I was "cashing out", I told people on here that the bitcoin price was going to $1000, as it did.
https://bitcointalksearch.org/topic/m.4054436
https://bitcointalksearch.org/topic/m.4148790
So you guys may say I am always wrong, with a few understandable misjudgments, I am usually right. Yes I was stupid not buying bicoins at $2.00, but I still told everyone it was way overvalued from $30 to $2.00. Does that really make me always wrong because I didn't buy in at that time.
So in a way I was right again, cashing out of alt-coins before the inevitable collapse. Just shouldn't have posted here in the topic that I'm cashing out my bitcoins.
I was right about the alt-coin market at the time, and cashed out before mostly everything fell. I cashed out on Nxtcoin at the peak of .00013 making over 20x my original investment at .00000500.
I got scammed and rebought in at .00009 before the source code release when the NXT cartel decided to peg the price at .00009 forcing me to buy in high. Then I sold out at .00007 and warned everybody at .00007 that I am cashing out at that point and why. Just an hour after I warned people on the forum the price dropped from .00007 to .00005. I got scammed here due to blatant price manipulation. But I still profited from my 20x rise.
However, the alt-coin market was failing because they have to share all the money being invested in them. Most of the crappy ones will fall, and only few will survive and it will only get worse.
Trust me, I am warning people away like crazy in the alt-coin community about the inevitable price collapses of many of the crap-cions, as the market is so tiny and they have to continually share any growth with all the others and all the new temporary hot ones coming out. Plus I try and let people know just how high the growth rate is on many of them which will inevitably make them fail in the tiny market.
Trust me, many people don't like me over there, just like most don't like me here.
There was a time you could have profited with alt-coins but you have to play it very smart. I never invested in bitcoins directly, I still have about 7 bitcoins from selling alt-coins, I sold very little of them as I basically decided to sell if they went under $675 and if it didn't just ride the wave up.
However, I did make a bad call here thinking the bitcoin market was tied with the alt-coin market, which it really isn't. Weakness over there does not mean bitcoin weakness. My mistake. I really should have made the title, "I'm cashing out my alt-coins".
Actually, the reason that bitcoin may have rose was because the alt-coin market is failing and people are putting their money back into bitcoins now. It has actually made it stronger! Which I failed to see.
Just read some of my posts, I warned people in the Emark to cash out at .0003, and gave them good reason to. I already cashed out at .0004 after buying in at .0001. They gave me the same non-sense you guys give me that I don't know what I'm talking about. The Emark went down to .0002 and will go back to .0001 for sure.
https://bitcointalksearch.org/topic/m.4294369
Look at me warn people from earth coin, only to have it fall over 25% from the warning.
https://bitcointalksearch.org/topic/m.4331360
Just before saying I was "cashing out", I told people on here that the bitcoin price was going to $1000, as it did.
https://bitcointalksearch.org/topic/m.4054436
https://bitcointalksearch.org/topic/m.4148790
So you guys may say I am always wrong, with a few understandable misjudgments, I am usually right. Yes I was stupid not buying bicoins at $2.00, but I still told everyone it was way overvalued from $30 to $2.00. Does that really make me always wrong because I didn't buy in at that time.
So in a way I was right again, cashing out of alt-coins before the inevitable collapse. Just shouldn't have posted here in the topic that I'm cashing out my bitcoins.
January 05, 2014, 06:46:02 AM
Edward bought in 2011 and managed to break even!
Now he's about to do a repeat performance.
Now he's about to do a repeat performance.
Some people are consistently good Bitcoin investors. Some people are consistently bad Bitcoin investors. The problem is the good ones rarely divulge their recommendations. The solution is find people who are consistently wrong and do the opposite. Ed is one of those people.
This is solid advice.
December 31, 2013, 11:54:47 PM
Edward bought in 2011 and managed to break even!
Now he's about to do a repeat performance.
Now he's about to do a repeat performance.
Some people are consistently good Bitcoin investors. Some people are consistently bad Bitcoin investors. The problem is the good ones rarely divulge their recommendations. The solution is find people who are consistently wrong and do the opposite. Ed is one of those people.
December 31, 2013, 11:46:13 PM
Edward bought in 2011 and managed to break even!
Now he's about to do a repeat performance.
Now he's about to do a repeat performance.
December 31, 2013, 08:01:09 PM
most of you bulls don't know what your doing. Don't know when to pull out and are easy to rob money from. Basically you all think the various coins are going to the moon, while I am cashing out at the highs and staying away from overpriced coins.
Maybe I will stick around to rob more of your guys money. Especially now that I really know what I am doing and am a much better trader.
Maybe I will stick around to rob more of your guys money. Especially now that I really know what I am doing and am a much better trader.
You are definitely a pro, making 50% profit in a 50,000% market. Sure dude, please continue robbing us as long as you want, without losers like you we have nowhere to get cheap coins from. Thanks.
I must have made at least 5000% in just a year. Coincidentally, Bitcoin did around about 5000% this year?
LOL @ 'buy and hold' crowd.
December 31, 2013, 06:29:58 PM
the problem with cashing out, is you have to cash in to....cash....which can easily be manipulated or another class of asset, that does not hodl the promise of btc.
December 31, 2013, 04:33:18 PM
most of you bulls don't know what your doing. Don't know when to pull out and are easy to rob money from. Basically you all think the various coins are going to the moon, while I am cashing out at the highs and staying away from overpriced coins.
Maybe I will stick around to rob more of your guys money. Especially now that I really know what I am doing and am a much better trader.
Maybe I will stick around to rob more of your guys money. Especially now that I really know what I am doing and am a much better trader.
You are definitely a pro, making 50% profit in a 50,000% market. Sure dude, please continue robbing us as long as you want, without losers like you we have nowhere to get cheap coins from. Thanks.
LOL, Edward50 where art thou?
December 31, 2013, 08:24:36 AM
most of you bulls don't know what your doing. Don't know when to pull out and are easy to rob money from. Basically you all think the various coins are going to the moon, while I am cashing out at the highs and staying away from overpriced coins.
Maybe I will stick around to rob more of your guys money. Especially now that I really know what I am doing and am a much better trader.
Maybe I will stick around to rob more of your guys money. Especially now that I really know what I am doing and am a much better trader.
You are definitely a pro, making 50% profit in a 50,000% market. Sure dude, please continue robbing us as long as you want, without losers like you we have nowhere to get cheap coins from. Thanks.
December 30, 2013, 07:41:32 PM
I'm still in with most of my bitcoins as I decided to sell if it goes under $675.
Just calculating my gains and it looks like I made $4785 in profit with only having invested an average amount of money of $3000 to $3500. All this was made in just a few weeks of playing around. Many of the bitcoins were even purchased at above $850 and even high $900's.
EDIT: actually my first bitcoin purchase was around December 10th and only for a small amount.
That means I made over 150% gain by playing with bitcoins.
Just thinking about it, it is so easy to win in this game because so many people like most of you bulls don't know what your doing. Don't know when to pull out and are easy to rob money from. Basically you all think the various coins are going to the moon, while I am cashing out at the highs and staying away from overpriced coins.
Maybe I will stick around to rob more of your guys money. Especially now that I really know what I am doing and am a much better trader.
Just calculating my gains and it looks like I made $4785 in profit with only having invested an average amount of money of $3000 to $3500. All this was made in just a few weeks of playing around. Many of the bitcoins were even purchased at above $850 and even high $900's.
EDIT: actually my first bitcoin purchase was around December 10th and only for a small amount.
That means I made over 150% gain by playing with bitcoins.
Just thinking about it, it is so easy to win in this game because so many people like most of you bulls don't know what your doing. Don't know when to pull out and are easy to rob money from. Basically you all think the various coins are going to the moon, while I am cashing out at the highs and staying away from overpriced coins.
Maybe I will stick around to rob more of your guys money. Especially now that I really know what I am doing and am a much better trader.
Haha. Wow. $4785 in profit. Haha. Wow. I remember the first time I traded bitcoins, too. You've been around since June 2011 and that's all the money you've made? Christ, what an opportunity you blew.
December 30, 2013, 07:40:29 PM
Yup, just keep HOLPING
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