Topic: PRICE CRASH = SELL NOW REDUCE LOSS (Read 5753 times)
All my coins are mined I'm not losing anything! Once I get some cash I may try to get some on the market so I can buy but had some really bad luck the last month. Had to kill my BFL ASIC preorders ask for a refund and sell some hardware on ebay at a loss. But I've got that money pit car out of my life! Mortgage still up $300+ a month
While you are reducing loss, you are increasing gains for the manipulators.
Bullish Sign: Coinbase out of coins.
Quote from: Coinbase
Due to higher than normal buy volumes, we are unable to provide exact price quotes right now.
Instead of pausing buys entirely, we decided to give people the option to purchase bitcoin at the market price in a few days. Once your USD funds arrive, we will exchange them to bitcoin at the market price at approximately Wednesday May 8, 2013 at 10:41AM PDT.
Instead of pausing buys entirely, we decided to give people the option to purchase bitcoin at the market price in a few days. Once your USD funds arrive, we will exchange them to bitcoin at the market price at approximately Wednesday May 8, 2013 at 10:41AM PDT.
Dude.
Coinbase is always out of coins.
I think 5 days is pretty normal actually.
Bullish Sign: Coinbase out of coins.
Quote from: Coinbase
Due to higher than normal buy volumes, we are unable to provide exact price quotes right now.
Instead of pausing buys entirely, we decided to give people the option to purchase bitcoin at the market price in a few days. Once your USD funds arrive, we will exchange them to bitcoin at the market price at approximately Wednesday May 8, 2013 at 10:41AM PDT.
Instead of pausing buys entirely, we decided to give people the option to purchase bitcoin at the market price in a few days. Once your USD funds arrive, we will exchange them to bitcoin at the market price at approximately Wednesday May 8, 2013 at 10:41AM PDT.
never sell on a crash unless there is no hope of it coming back lol - I wish I could get some cash in so I can buy right now!
They will never learn. As long as Bitcoin itself is sound, every crash must stop, eventually. And every single crash in the history of Bitcoin eventually rebounded, at least to some degree, even the crashes from 32 in 2011 and from 266. I so far made money on every single crash I did not miss out and I am sure so did many on this forum. As it is a zero sum game, our gains must be someone's losses.
I am not too happy about it. All those shaky hands not only take losses, they also give Bitcoin a bad name. We want Bitcoin used as a means of payment by the rest of the world and we want it in 6-digit ranges. All those Morons are spoiling the party.
never sell on a crash unless there is no hope of it coming back lol - I wish I could get some cash in so I can buy right now!
You'll have plenty of time and get in at a lower cost per coin, so don't feel hurried.
never sell on a crash unless there is no hope of it coming back lol - I wish I could get some cash in so I can buy right now!
i guess i should dump all my coins then and take it down to $30. sounds reasonable.
it's about perception.. if you do that and many others too everyone will think it'll go lower. only problem is if you by accident dump at a time when sentiment has changed. the idea is that your actions one way or another will influence the actions of others.
out of curiosity i wonder how the dark pools of tradehill are doing
correct, and thats why threads like this are created also. tradehill opening back up is a good/bullish sign. i did a lot of business with them back in 2011 before they closed.
i guess i should dump all my coins then and take it down to $30. sounds reasonable.
it's about perception.. if you do that and many others too everyone will think it'll go lower. only problem is if you by accident dump at a time when sentiment has changed. the idea is that your actions one way or another will influence the actions of others.
out of curiosity i wonder how the dark pools of tradehill are doing
i guess i should dump all my coins then and take it down to $30. sounds reasonable.
It just cracks me up how everytime we're in a correction or a rally, everybody takes everything so personal. It's like "Stop selling! My bitcoins lose value!"
i guess you have to own some coins before you know the feeling.
but keep instilling panic i like cheap coins too.
I do own coins and i am long term bullish but BTC have clearly been overbought in the last couple of months and now we are correcting. I have never made FUD posts either so i don't know where that came from. For the record i believe in 300USD/BTC at the end of the year when VC's have upgraded infrastructure and big money starts pouring in. But i'm reasonable and right now i think BTC is a little overvalued.
It just cracks me up how everytime we're in a correction or a rally, everybody takes everything so personal. It's like "Stop selling! My bitcoins lose value!"
i guess you have to own some coins before you know the feeling.
but keep instilling panic i like cheap coins too.
maybe you are an earlier adopter than us , but this doesn't mean that you know better or even you are smarter than a jr.member . most people I know that are involved in BTC are highly educated with long experience and knowledge, even if some do not hold a degree they smart and heavily involved here.
so that jr.member in their profile doesn't mean anything to me. well this attitude only proves that you are an ignorant person who have no self confidence .
Buying "all the way down" works in a subjective fashion. When I consider this still an inflated price, am I really buying on the way down, or at the top of my perceived overvaluation? My "on the way down" is a lot different than yours, especially if you think $110-$120 is cheap like some people were saying.
Here's how I see it.When the price was rising, I was selling on the way up. Thus, buying on the way down is nothing more nor less than rebuying the coins I sold at a lower price than I sold them.
It's pure profit, and requires zero speculation as to where the market will go in the future. That is, if you had the foresight to sell on the way up. I certainly wouldn't recommend for someone to be "getting into" Bitcoin right now.
I see by your responses that a lot of you are not panic selling. Your sensible and rational approach is ruining bitcoin for me! Can't you panic a little? A guy on the internet is saying sell and crash. He is using all caps. You should be crying and covered in sweat as you pound on the sell button.
It just cracks me up how everytime we're in a correction or a rally, everybody takes everything so personal. It's like "Stop selling! My bitcoins lose value!"
i guess you have to own some coins before you know the feeling.
but keep instilling panic i like cheap coins too.
dump and pump maybe
last chance to get on double-digit
Here's one of those Jr Member March2013 bulls I was talking about bitcon. This is the fish at the poker table. last chance to get on double-digit
dump and pump maybe
last chance to get on double-digit
last chance to get on double-digit
I might be bitcoin newb but I isn't newb to markets in general, doing since 1994, seen some shit in my time I tells ya. so far nothing about bitcoin tells me that it is the special one, it is like many other types of highly speculative markets. but my main point is that you got to have RISK CONTROL or the markets are going to give it to you bending over. you need to know when to put RISK ON and know when to take RISK OFF. ah what the point, just pay good attention to what is going to happen over the next few months and try to learn from it for your future.
Most of the vocal people in this forum buy and refuse to sell no matter what the price.
They bury their heads in the sand and watch it crash all the while still holding. They think it makes them 'strong' and only the 'weak' sell.
It just cracks me up how everytime we're in a correction or a rally, everybody takes everything so personal. It's like "Stop selling! My bitcoins lose value!"
I might be bitcoin newb but I isn't newb to markets in general, doing since 1994, seen some shit in my time I tells ya. so far nothing about bitcoin tells me that it is the special one, it is like many other types of highly speculative markets. but my main point is that you got to have RISK CONTROL or the markets are going to give it to you bending over. you need to know when to put RISK ON and know when to take RISK OFF. ah what the point, just pay good attention to what is going to happen over the next few months and try to learn from it for your future.
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