No coins and needing to buy back in | Bitcointalksearch.org

chessnut

legendary

Activity: 924

Merit: 1001

Quote from: pbody on February 12, 2014, 09:32:15 PM

Luckily I only got 1 at 800, just in case it went to Mars... I'm starting to think about now is the time to buy more. My target is 300. Thots?

I cashed out at 750.... gonna buy at 380, I think 300 is right on the mark but dont count on it!!
you may see a reversal at 400-500, then go for it.
have some cheep orders in.
thats my 2 cents.

pbody

full member

Activity: 198

Merit: 100

Luckily I only got 1 at 800, just in case it went to Mars... I'm starting to think about now is the time to buy more. My target is 300. Thots?

pbody

full member

Activity: 198

Merit: 100

I just bought 1 at 800 and I will be buying more after chillin out for a day or two and watching what happens. So far so good. Hopefully my measly 3500 investment (when done buying) will snowball into much more in the years to come.

TERA

hero member

Activity: 728

Merit: 500

Quote from: traderCJ on January 13, 2014, 01:36:09 AM

Quote from: TERA on January 13, 2014, 01:31:29 AM

At first I thought "here it is my FUD of all FUDs again. I'll probably kick myself if I don't buy, again". But now the TA is starting to get really, really bad.

Explain.

The price has no longer been following the trendline for days now, and the 6 hour E/MA has crossed down for the first time since the crash.

traderCJ

sr. member

Activity: 280

Merit: 250

Quote from: TERA on January 13, 2014, 01:31:29 AM

At first I thought "here it is my FUD of all FUDs again. I'll probably kick myself if I don't buy, again". But now the TA is starting to get really, really bad.

Explain.

TERA

hero member

Activity: 728

Merit: 500

At first I thought "here it is my FUD of all FUDs again. I'll probably kick myself if I don't buy, again". But now the TA is starting to get really, really bad.

pbody

full member

Activity: 198

Merit: 100

Quote from: hyphymikey on January 13, 2014, 01:21:02 AM

You should be able to get cheap coins this week. Buying power is out of fuel and the whole China situation will bring the price down.

I'm with you here. Im patiently waiting. One reason I think I will make a good trader is because I have the patience. We'll see.

pbody

full member

Activity: 198

Merit: 100

Quote from: samjtemp on January 12, 2014, 05:39:39 AM

I've made some decent money playing the markets winning more than I lose but honestly isn't the best way to spend one's time.

It would be better to invest in some kind of business or skill that earns bitcoin and other alt coins. The demand is HUGE for anyone who wants to step into the game.

I understand what you are saying but I have been having a blast participating in this forum and daytrading all day while at my cubicle job at a biotech company.

I make guitars, so I am going to build a site that excepts bitcoin for my guitars. Any other business ideas that you can share? I cant think of anything though I know they are out there.

hyphymikey

hero member

Activity: 784

Merit: 1000

You should be able to get cheap coins this week. Buying power is out of fuel and the whole China situation will bring the price down.

keithers

legendary

Activity: 1456

Merit: 1001

This is the land of wolves now & you're not a wolf

If you can hold long, and believe in the true potential and long term value of bitcoin, then the price now (even in the $800s), should still be very cheap in comparison to where you are hoping it's at in 1,2, or more years from now...

traderCJ

sr. member

Activity: 280

Merit: 250

pbody, did you get your 'teh cheep' coins?

pheaonix

sr. member

Activity: 392

Merit: 250

http://casinobitco.in/ A+ customer support

Quote from: traderCJ on January 11, 2014, 05:46:01 PM

You can't win them all. Remember, the gains last weekend were erased early last week. One should be very skeptical of huge surges like this over a weekend. Be patient, all it takes are a few bad news days and the price will be back where you want it (or lower). China is still highly unpredictable at this point. The current price assumes a continued positive reception from US regulators and a neutral stance from China. If Bitcoin truly threatens power structures, we should expect a more negative regulatory outlook worldwide. This will be balanced to some degree by more business adoption. Over time I believe the adoption rate will considerably counteract regulatory pressure on the price. In the short term, however, expect massive corrections. Picture a large exchange being shut down due to pressure on local authorities, for instance. Plenty of things can go wrong. In the longer term, Bitcoin will have to adjust to technical problems. A hard fork or attempted double spending is guaranteed as mining power becomes consolidated or other unforseen problems arise. The infrastructure will adjust, but there will be a massive price correction. Be patient and profit from these corrections.

you shouldn't be surprised at US being lenient when it comes to bitcoin. US dominates because of our craftiness and abusing technology, which btc allows for perfectly. if a golden goose turned up on your front porch, you wouldn't turn it away. once the profits become large enough i am sure we will see attempts to tax it.

samjtemp

newbie

Activity: 17

Merit: 0

I've made some decent money playing the markets winning more than I lose but honestly isn't the best way to spend one's time.

It would be better to invest in some kind of business or skill that earns bitcoin and other alt coins. The demand is HUGE for anyone who wants to step into the game. Your looking at much more stable returns and don't have to find yourself in the unpleasant situation of "betting against the success of bitcoin" selling at the top and praying the price goes down at the desired buy-in price.

Any 12 year old with some basic HTML skills could run a business in digital coins right now. Assuming they aren't already running a botnet from my gaming computer. Persistent Little *#$#@ aren't they?

piramida

legendary

Activity: 1176

Merit: 1010

Borsche

Quote from: pbody on January 11, 2014, 06:33:34 PM

My previous lesson was "never buy back in for more than you sold"

Well, this is a plain wrong lesson, there are only two lessons in bitcoin trading and they are "never sell below what you bought" and "never sell all". Ask Edward50, he's still waiting for $1 coins. Remember, there is always one point in time when any price X becomes history, don't gamble.

smoothie

legendary

Activity: 2492

Merit: 1473

LEALANA Bitcoin Grim Reaper

For the most part when I've taken some money off the table I never look back. Usually invest into other things of value. Even if the price goes against me, profit is profit.

hyphymikey

hero member

Activity: 784

Merit: 1000

If it hasn't dipped before the 31st, buy back in then, there is still a good chance of a drop before then.

If we reach ATH before the 31st, buy back in, as the train will be departing with or without you.

TERA

hero member

Activity: 728

Merit: 500

Quote from: xephyr on January 11, 2014, 08:00:33 PM

Patience can be rewarded. Wait until bitcoin sells off with daily volume greater than 80000 on bitstamp like on 2013-12-17 with StochRSI < 20. Then buy to get the best price. Price may very well be under $600 on that day, maybe not. No one has a crystal ball.

There was also 140,000 volume on btce. That was insane. And that with WITH China stepping in and leading the recovery.

xephyr

sr. member

Activity: 285

Merit: 250

Patience can be rewarded. Wait until bitcoin sells off with daily volume greater than 80000 on bitstamp like on 2013-12-17 with StochRSI < 20. Then buy to get the best price. Price may very well be under $600 on that day, maybe not. No one has a crystal ball.

Peter R

legendary

Activity: 1162

Merit: 1007

Quote from: piramida on January 11, 2014, 05:25:35 PM

pbody, here's what I do when I speculate on where the price would go - set a buy order , better yet several, based on where you think the price would go. don't adjust them on emotion. just leave them be.

right now, if I was in your situation, I'd buy 1 coin right away and set buy orders for 1 coin at 950, 900, 850, 800 (gox). free advice so do with it as you want.

+1

I second piramida's advice: buy 1 coin today, set a sequence of bids at lower prices, and then walk away. I'd also keep a little fiat stash to double-down in case we do crash into the 500s - 600s during the next FUD attack.

JimboToronto

legendary

Activity: 4158

Merit: 4811

You're never too old to think young.

Quote from: Miz4r on January 11, 2014, 07:35:23 PM

Just grow some balls and buy in and hodl.

+1

Topic: No coins and needing to buy back in (Read 2968 times)