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Topic: PRICE CRASH = SELL NOW REDUCE LOSS - page 4. (Read 5849 times)

legendary
Activity: 3906
Merit: 6249
Decentralization Maximalist
May 02, 2013, 09:58:12 AM
#17
i sell all my bitcoins and waitig for better times

I thought you sold all at 165 ? Cheesy:D
member
Activity: 84
Merit: 10
supernode
May 02, 2013, 09:51:41 AM
#16
i sell all my bitcoins and waitig for better times
anu
legendary
Activity: 1218
Merit: 1001
RepuX - Enterprise Blockchain Protocol
May 02, 2013, 09:47:50 AM
#15
Buying "all the way down" works in a subjective fashion. When I consider this still an inflated price,

I am bearish, too, but only based on the twisted perception of ignorant morons who haven't got a clue. ATM, only the post "bubble" desperation gets priced in, not the potential 3 order magnitude upturn.
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
May 02, 2013, 09:45:14 AM
#14
it is going to 70 $ by tomorrow
sr. member
Activity: 351
Merit: 250
I'm always grumpy in the morning.
May 02, 2013, 09:41:24 AM
#13
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.

That's true. You have to invest according to YOUR view of future probabilities and appetite for risk. If you are 100% sure this is not the bottom then you don't need to buy anything of course.
newbie
Activity: 52
Merit: 0
May 02, 2013, 09:38:56 AM
#12
I had a buy order @ 128 that went through yesterday and completely forgot about it lol  Lips sealed

I'm not going to sell right now that's for sure.
sr. member
Activity: 351
Merit: 250
I'm always grumpy in the morning.
May 02, 2013, 09:38:27 AM
#11
implying the crash is over

Not really. The point is you don't KNOW when the crash is over, at each point you have to consider the probability that this is the bottom right now, and buy in at that probability. That's why you buy in increments, never do all-or-nothing trades.
full member
Activity: 182
Merit: 106
May 02, 2013, 09:34:58 AM
#10
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.
sr. member
Activity: 294
Merit: 250
This bull will try to shake you off. Hold tight!
May 02, 2013, 09:34:33 AM
#9
AFTER a crash is usually the dumbest time to sell. Instead you should be buying in small increments all the way down, adjusting along the way as you get more information.

my strategy too, though it does accumulate loses! as well as bitcoins Wink
member
Activity: 74
Merit: 10
May 02, 2013, 09:33:32 AM
#8
AFTER a crash is usually the dumbest time to sell. Instead you should be buying in small increments all the way down, adjusting along the way as you get more information.
+1
implying the crash is over
sr. member
Activity: 364
Merit: 250
May 02, 2013, 09:32:33 AM
#7
AFTER a crash is usually the dumbest time to sell. Instead you should be buying in small increments all the way down, adjusting along the way as you get more information.
+1
sr. member
Activity: 351
Merit: 250
I'm always grumpy in the morning.
May 02, 2013, 09:31:52 AM
#6
AFTER a crash is usually the dumbest time to sell. Instead you should be buying in small increments all the way down, adjusting along the way as you get more information.
legendary
Activity: 2128
Merit: 1002
May 02, 2013, 09:31:27 AM
#5
time to buy more and hold.  Grin
legendary
Activity: 2097
Merit: 1071
May 02, 2013, 09:30:56 AM
#4
Know when to hold em, know when to fold em.

I agree, sell them all and buy back cheaper
full member
Activity: 182
Merit: 106
May 02, 2013, 09:27:04 AM
#3
Know when to hold em, know when to fold em.
sr. member
Activity: 364
Merit: 250
May 02, 2013, 09:26:43 AM
#2
I prefer holding and watching it either crumble to dust or rise again.
legendary
Activity: 1428
Merit: 1000
May 02, 2013, 09:24:23 AM
#1
For those who are not aware we are ALREADY in double digits..
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