is anyone else as stupid as me to still hodl? - page 2.

arbitrage001

legendary

Activity: 1067

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Quote from: joesmoe2012 on January 14, 2015, 09:00:11 AM

I'm selling. And then shorting. Been that way for a bit though.

If you're still long, you better be in the LONG term because it aint going back $500 anytime soon.

Shorting after the price gone down this much is a little risky.

wobber

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YES.

Rawted

hero member

Activity: 742

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Quote from: Bit_Happy on January 14, 2015, 10:51:13 AM

Quote from: awais3344_1 on January 13, 2015, 05:34:45 AM

okay, honestly. maybe. If I did sell at around $500+. it would be great. I have like 2-3 BTC still sitting. Sold a btc when it was $600. But I see no point in selling now. It could break $300 again. Too quick. call it stupidity I am hodling.

Yeah, well the price might as well hit $100. But fuck it. $225 and $100 has no difference. It might hit $220 again in a week or two.

Oh, and someone tell me again, whats the reason for this crash? Roll Eyes

The smart move is to be buying more (and also trading) to dramatically lower your average cost.

I disagree completely. You should not be buying any Bitcoin at this price. Not a single one. We are far from the bottom.

Bit_Happy

legendary

Activity: 2114

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A Great Time to Start Something!

Quote from: awais3344_1 on January 13, 2015, 05:34:45 AM

okay, honestly. maybe. If I did sell at around $500+. it would be great. I have like 2-3 BTC still sitting. Sold a btc when it was $600. But I see no point in selling now. It could break $300 again. Too quick. call it stupidity I am hodling.

Yeah, well the price might as well hit $100. But fuck it. $225 and $100 has no difference. It might hit $220 again in a week or two.

Oh, and someone tell me again, whats the reason for this crash? Roll Eyes

The smart move is to be buying more (and also trading) to dramatically lower your average cost.

zeroday

donator

Activity: 784

Merit: 1000

Bitcoin is risky investment in experimental technology.
Those greedy monkeys who expected insane profits in short time and sold their houses to get in with maximum leverage deserve being burnt and lost everything. They are just food for market sharks.

Those, who invested as much as they can afford to lose and have patience being calm and wait for years, will eventually win.

crazy-pilot

sr. member

Activity: 860

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SmartFi - EARN, LEND & TRADE

Of course hold! I think this is the best chance you'll get if you are not deep into Bitcoin yet to get started and buy some. I keep buying even though I already have a substantial amount.

dinofelis

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Activity: 770

Merit: 629

Quote from: joesmoe2012 on January 14, 2015, 09:00:11 AM

If you're still long, you better be in the LONG term because it aint going back $500 anytime soon.

That was my idea when buying a few coins from the start: to hold them 15 - 20 years at least.

joesmoe2012

hero member

Activity: 882

Merit: 501

Ching-Chang;Ding-Dong

I'm selling. And then shorting. Been that way for a bit though.

If you're still long, you better be in the LONG term because it aint going back $500 anytime soon.

Bitbuy

sr. member

Activity: 308

Merit: 250

Quote from: Amph on January 13, 2015, 06:42:29 AM

still holding, all the way until zero, then i'll probably dump...

What an exit plan! Strangely, it is also my backup plan Cheesy

awais3344_1

sr. member

Activity: 350

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if it goes down to $10. so be it. I indeed wasted time and money here. That is all. Not much really. about around $1000 i guess. I will forget about it anyway.

Jettison86

newbie

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Not stupid. If it is stupid to hold, I must be insane buying. Soon... very soon I will be buying some big chunks!

*CHOMP* *CHOMP*

dinofelis

hero member

Activity: 770

Merit: 629

Quote from: BrewCrewFan on January 13, 2015, 04:57:04 PM

If it gets down to zero ( which I see as very very unlikely... but who knows ) all I have lost is some hobby money along with some free time.

To be honest, all this doom and gloom people are just pathetic in my eyes.

Me too. I see it as having bought a lottery ticket for the long run, with a drawing 20 - 30 years from now. I expect it to go to 0, but I hope to win and have a great retirement :-) Like with any lottery ticket, but this one is fun !

tss

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Activity: 742

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Quote from: tutkarz on January 13, 2015, 06:42:39 AM

It's funny how some people are panicking while holding few bitcoins. There is what 12-13 millions of bitcoin beign held right now by many people and only tiny fraction of this is traded on the market . Calm down people and just buy some more to awerage price. If you think that this technology has no future then you shouldnt be here anyway. And if you decide to sell then know that it's you who is making it worse for no reason.

yes but those holders. at least of 10m btc bought in or mined when prices were well below $10. they dont care about those that bought in the last 18 months who are now significantly under in their gambles/investments.

pitham1

legendary

Activity: 1232

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Quote from: ?? on ??

Quote from: awais3344_1 on January 13, 2015, 05:34:45 AM

Oh, and someone tell me again, whats the reason for this crash? Roll Eyes

Bitstamp controls the price of the item that they need to buy to make up for their hacking loss.

Is anyone really surprised?

If you can control the price of something that you need to buy...what would YOU do?

How can they control the price? Aren't there other exchanges as well?

Kazimir

legendary

Activity: 1176

Merit: 1011

Quote from: Richard Branson on January 13, 2015, 04:38:00 PM

And STAMP is facing the same as GOX.

You can't seriously compare Bitstamp to MtGox. The two situations, companies, and their issues, are all COMPLETELY different.

BrewCrewFan

hero member

Activity: 672

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Ahh getting back to the levels in price when I first heard about BTC... and got into cryptos.

IMO, Now I know how it was like last big crash back when it was getting off the ground.

I still hold buy some/ mine-exchange for more.

If it gets down to zero ( which I see as very very unlikely... but who knows ) all I have lost is some hobby money along with some free time.

To be honest, all this doom and gloom people are just pathetic in my eyes.

Richard Branson

hero member

Activity: 515

Merit: 506

Screw It, Let's Do It

Quote from: ?? on ??

Quote from: cisahasa on January 13, 2015, 04:04:01 PM

Quote from: silverbox on January 13, 2015, 03:47:50 PM

Still holding here. It can't go down forever!

DONT BE STUPID, SELL NOW ,AND BUY BACK LATER

Still hodling

Don't be stupid, buy when everyone else cry !

Not time yet.
And selling above 700$ was so easy .. after the GOX debacle a 1-2 year price correction had to come.
And STAMP is facing the same as GOX.

We will not see 1000$ this year, maybe in 2-3 years.

Long term bitcoin could be a winner, but in TECH, you never know. Something better could emerge with proper daily usage. Using not thrustworthy scamchanged will not help bitcoin grow.

Odalv

legendary

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