I'm scooping up from 59-61.
Support below 59 is crazy strong
The lower the better.
Good post, but don't you think $40 is too early? Buying that on the downtrend with your entire position is, imo....Careful with falling knives.
A knife I wont catch on the sharp end. There is no reason I am worried.
I've been lurking quite a lot recently. I find the players here funny, obviously most of them are amateurs riding the emotion trend way to hard. If you were smart, you would just sell your coins then wait until there is a comfortable bottom. We are at $67 now according to mtgox/bitcoinity and I doubt this will be the floor. I'm guessing $40's. I'm not gonna waste any of you guy's time with charts but $40's or $30's is definitely the time to buy in.. why? Because even if that is not the floor you have little to lose depending on how much you are willing to gamble. Anyways, why are you weak ones panicing now? Did you really think that the high prices would last long for what still is a child in development. Wait, buy in at low 30-40 then sit. If it works out it works out, if it doesnt it shouldnt bother you anyway because the rule of thumb is never to put in more than you are willing to lose. Man, I feel bad for all the guys that posted on here 3 months ago talking about the loans they took out for BTC. Get serious.
I agree with this! Luckily the delusion of a triple digit "floor" is finally wearing off now!
I'm a bull not a fool.
I've been lurking quite a lot recently. I find the players here funny, obviously most of them are amateurs riding the emotion trend way to hard. If you were smart, you would just sell your coins then wait until there is a comfortable bottom. We are at $67 now according to mtgox/bitcoinity and I doubt this will be the floor. I'm guessing $40's. I'm not gonna waste any of you guy's time with charts but $40's or $30's is definitely the time to buy in.. why? Because even if that is not the floor you have little to lose depending on how much you are willing to gamble. Anyways, why are you weak ones panicing now? Did you really think that the high prices would last long for what still is a child in development. Wait, buy in at low 30-40 then sit. If it works out it works out, if it doesnt it shouldnt bother you anyway because the rule of thumb is never to put in more than you are willing to lose. Man, I feel bad for all the guys that posted on here 3 months ago talking about the loans they took out for BTC. Get serious.
Somebody who registered to the forums in bubble-time that keeps his head cool and has common sense? Now I have seen everything...
Welcome aboard sailor !
PS: funny how you can phrase something as a compliment, and meanwhile offend hundreds of people, right? Apologies to other bubble-entrants, but you have to admit on average there is some truth to it...
This is very true, most of the users that got in around that time have been weeded out. Honestly when I got in was pure chance as I was on the dark and had an interesting idea.
I've been lurking quite a lot recently. I find the players here funny, obviously most of them are amateurs riding the emotion trend way to hard. If you were smart, you would just sell your coins then wait until there is a comfortable bottom. We are at $67 now according to mtgox/bitcoinity and I doubt this will be the floor. I'm guessing $40's. I'm not gonna waste any of you guy's time with charts but $40's or $30's is definitely the time to buy in.. why? Because even if that is not the floor you have little to lose depending on how much you are willing to gamble. Anyways, why are you weak ones panicing now? Did you really think that the high prices would last long for what still is a child in development. Wait, buy in at low 30-40 then sit. If it works out it works out, if it doesnt it shouldnt bother you anyway because the rule of thumb is never to put in more than you are willing to lose. Man, I feel bad for all the guys that posted on here 3 months ago talking about the loans they took out for BTC. Get serious.
amateur
With what justification. Please explain.
Let me help you.
The price could as easily have headed back into the region of $200 - and then instead of you saying "Did you really think that the high prices would last long..."
we'd have someone saying "Did you really think that the low prices would last long..."
I guess 'amateur' is a bit of a cheap shot - but all these 'hindsight' posts certainly smack of inexperience.
Hindsight is speculation which is purely what this forum is based on. So I guess your saying all users in this subforum lack experience?