My strategy for when Bitcoin price is going down - page 2.

scryptasicminer

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Quote from: Fearless on August 25, 2014, 01:57:00 PM

Quote from: b!z on August 20, 2014, 04:34:59 PM

Sell when price goes down
Buy when price goes up

How does that even makes sense here?That shouda opposite isn't it?Or you folks are just trolling

That strategy is called trend trading coined by Paul Tudor Jones.

Market is big enough to have all kind of strategies. One thing all have in common is risk control.

Fearless

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Quote from: b!z on August 20, 2014, 04:34:59 PM

Sell when price goes down
Buy when price goes up

How does that even makes sense here?That shouda opposite isn't it?Or you folks are just trolling

DataStorm

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Quote from: BeeTeeSea on August 22, 2014, 02:23:09 PM

Buy is the strategy.

This. I dollar cost average my purchase so am buying x dollars worth at the same time each week. From there I do spend some. I guess I don't change strategy based on price change. Bitcoin is a buy for me, unless something major happens. (edited to answer OP)

botany

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Quote from: sandykho47 on August 24, 2014, 07:17:58 AM

I think this strategy is very classic
Most people do this when price down

This time still also great time to but/sell when the price still unstable

It is a good strategy as long as the price increases in the long run and you don't run out of money to invest.

sandykho47

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Knowledge its everything

I think this strategy is very classic
Most people do this when price down

This time still also great time to but/sell when the price still unstable

botany

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I sure hope it crosses $1000 at the next peak.

stash

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btcmy.net

If current bottom is valid, we will see $1200 on next jump.

bitcasino

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Bitcoin 2014 ytd return is negative..

botany

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Quote from: Dyklotz on August 23, 2014, 09:25:27 AM

The correct strategy is to sit back and relax, as it will go up again eventually.

Or you could take advantage of lower prices and buy some more (if you are not fully invested).

Ayers

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Leading Crypto Sports Betting & Casino Platform

that's a good attitude, but it's better that there are no weak hands, the price would be better, even if we need that someone sells, otherwise the trade can't move

Dyklotz

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The correct strategy is to sit back and relax, as it will go up again eventually.

giveBTCpls

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This price of downtrend only means larger opportunity to get it. You'll look back to threads like this in tears if you did not get at least a some BTC.

Chompa

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The title of this thread suggests you are speculating that it's going down more, following a trend, but the fact is that it already has gone down.
Take it from the brighter side, it may go back up as well just have patience.

johny08

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Quote from: iluvpie60 on August 22, 2014, 04:24:35 PM

Quote from: BitsBitsBits on August 19, 2014, 06:13:36 AM

Quote from: Yzmo on August 19, 2014, 06:02:46 AM

Quote from: MightyBTC on August 19, 2014, 05:44:22 AM

BTC will recover, its pretty stable in my opinion. Just wait for a week more.

BTC is not stable... 22% in only 1 week :/

That's not much really, prices will hold from 400$-800$ for a couple more months until the next boom. Mark my words.

I don't know when it will exactly, but my prediction for december 2014 is over 1500$.

so many people predict it will be that. but it doesnt really have to be. most likely it will be a stable going up as mining costs go up more and more. usually the price of a bitcoin is tied with how much it takes to mine them.

Hello, what nonsence. Bitcoin Mining is binded to Murphys Law, due to using computerchips: Double the speed every 18 months. In sha-2 mining, its every 6 months! The difficulty is not rising fast enough as mining costs are dropping down. We will see a drop in elec. costs up to 5x in the next years for sure. the difficulty has to 5-fold first.

johny08

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Quote from: Altminer79 on August 19, 2014, 08:16:52 AM

If it would rise to $1500 It would be fantastic, we are all waiting for this so much, hope your words will become true. I was about to invest decent amount in BTC and I think It is the right time to buy.

EDIT: BTCmaster3, how do you know that the target price will be $350-$400?

at the price of $500 for one BTC, there is every month about $62 Mill. new BTC coming on the market and about $650 Mill. a year. The investment capital into bitcoin ecosystem will be about $250 Mill. this year, so we are pretty good right now. There is no need this year to go higher as $500 level. From the speculative point of view on $680 there is a very strong chart technical resistant line, the same a strong support zone at $450 and $380-$350. And thats great.

So, my strategy for when Bitcoin price is going down, is buying and when its going up selling. Thats an anticyclic speculation strategy, vis-a-verse works too.

iluvpie60

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Quote from: BitsBitsBits on August 19, 2014, 06:13:36 AM

Quote from: Yzmo on August 19, 2014, 06:02:46 AM

Quote from: MightyBTC on August 19, 2014, 05:44:22 AM

BTC will recover, its pretty stable in my opinion. Just wait for a week more.

BTC is not stable... 22% in only 1 week :/

That's not much really, prices will hold from 400$-800$ for a couple more months until the next boom. Mark my words.

I don't know when it will exactly, but my prediction for december 2014 is over 1500$.

so many people predict it will be that. but it doesnt really have to be. most likely it will be a stable going up as mining costs go up more and more. usually the price of a bitcoin is tied with how much it takes to mine them.

BeeTeeSea

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Buy is the strategy.

LiteCoinGuy

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In Satoshi I Trust

my plan:

Buo

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Sometimes buying when the price is going down is risky but the rewards are usually higher than holding.

itsAj

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Quote from: epere on August 18, 2014, 11:00:16 PM

I just keep buying from the weak hands and welcome the price drop. this is a gift at these and possibly lower levels. I would have never thought that btc would be $450 in August 2014 though Sad

In theory this would be a great plan, however you really don't know when the price is "low" and when it is "high" as the price can do many things over short periods. If everyone knew when the price was lower then it should be then it would never get that low in the first place.

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