SELL! SELL! SELL! | Bitcointalksearch.org

nobbynobbynoob

hero member

Activity: 784

Merit: 1000

Annuit cœptis humanae libertas

Quote from: BitPirate on November 07, 2013, 05:09:22 AM

People all over the forum were baying for sub-$50, all the way down. At the time anything below $110 seemed a bit rash.

They should've listened to proudhon, hitherto one of the most bearish bears after evolve. He said firmly that $50 was the bottom - which it was! (At the time, even after getting out of denial and admitting the bubble that popped was a bubble that popped, I had pegged $50ish as the "new $2". Bear in mind I know almost zip about TA and day trading, other than a few pointers from Candlestick Charting for Dummies. Grin

)

BitPirate

full member

Activity: 238

Merit: 100

RMBTB.com: The secure BTC:CNY exchange. 0% fee!

People all over the forum were baying for sub-$50, all the way down. At the time anything below $110 seemed a bit rash.

piramida

legendary

Activity: 1176

Merit: 1010

Borsche

Quote from: evolve on April 15, 2013, 06:22:11 PM

We wont be in the 70s long. Wink

We may never see a price this high again, or if we do it could be a very long time from now...its best to lock in profits while you can (especially when there is a very good chance you'll be able to buy back in at a lower price.)

Right, we will never see bitcoins as high as $70 again. I like your predicting power evolve, so thats why had to dig this up. You should start making opposite decision from what seems right to you at each moment, and you would be rich

But I know you won't listen to me, so continue to be a sad troll!

Zaih

hero member

Activity: 504

Merit: 500

Dem 80s

Gabi

legendary

Activity: 1148

Merit: 1008

If you want to walk on water, get out of the boat

Buy low sell high means that you have to buy when price is low, and not sell when price is low.

Otherwise you are doing buy high sell low, a common tactic used by newbies Cheesy

Viceroy

hero member

Activity: 924

Merit: 501

Quote from: RyNinDaCleM on April 15, 2013, 10:44:53 PM

This is what a Bear market looks like!

This is EXACTLY when you should be buying, unless you are a lemming being led off the cliff.

“Mr. Buffett, if you were starting over today and only had $1 million to invest, how would you do it? What kinds of companies would you look to own?”

1) Smaller companies that the major institutions (including Berkshire) can’t even think about investing in because they are too small.

2) Emerging markets where you can buy great businesses for next to nothing.

In other words BUY BITCOIN!

pinger

legendary

Activity: 1512

Merit: 1001

Bitcoin - Resistance is futile

I can't risk sell half and wait a 20 but 30 is good

str4wm4n

legendary

Activity: 1611

Merit: 1001

sold half, buying back at 20

Crazy

full member

Activity: 182

Merit: 106

Guys, buy fast, I heard it'll never be double digits again.

RyNinDaCleM

legendary

Activity: 2408

Merit: 1009

Legen -wait for it- dary

This is what a Bear market looks like!

HappyBitCoinUser

full member

Activity: 182

Merit: 100

evolve

hero member

Activity: 700

Merit: 500

daytrader/superhero

This period of price decline since the bubble hit its peak *is* a bear market.

dadrizforshizz

newbie

Activity: 42

Merit: 0

Quote from: Brushan on April 15, 2013, 06:23:25 PM

Quote from: evolve on April 15, 2013, 06:22:11 PM

Quote from: nobbynobbynoob on April 15, 2013, 06:11:08 PM

If someone's not selling at 200 they'd be nuts to do it at 70s.

Hold.

We wont be in the 70s long. Wink

We may never see a price this high again, or if we do it could be a very long time from now...its best to lock in profits while you can (especially when there is a very good chance you'll be able to buy back in at a lower price.)

I agree that we're entering a bear market and i've too cashed out waiting for cheaper coins but what makes you think that?

Bear Market? LOL that so cute....this was a bubble plain and simple

Bitmeat

newbie

Activity: 28

Merit: 0

Quote from: evolve on April 15, 2013, 06:55:44 PM

If you think I am going to buy back in and tie up my money on some betting site I have never heard of while the price is tanking and in a bear market, you are insane.

If (and when) I won, I could potentially lose more in BTC value than I'd win on the bet. Its a bad bet.

Cmon man, I've got this sell order for $120 that I need filled... err I mean the fundamentals point towards up up up! Buy now or be priced out forever!

evolve

hero member

Activity: 700

Merit: 500

daytrader/superhero

If you think I am going to buy back in and tie up my money on some betting site I have never heard of while the price is tanking and in a bear market, you are insane.

If (and when) I won, I could potentially lose more in BTC value than I'd win on the bet. Its a bad bet.

Odalv

legendary

Activity: 1400

Merit: 1000

http://bitbet.us/bet/410/mtgox-bitcoin-usd-exchange-rate-250-before/

Odalv

legendary

Activity: 1400

Merit: 1000

Quote from: evolve on April 15, 2013, 06:22:11 PM

Quote from: nobbynobbynoob on April 15, 2013, 06:11:08 PM

If someone's not selling at 200 they'd be nuts to do it at 70s.

Hold.

We wont be in the 70s long. Wink

We may never see a price this high again, or if we do it could be a very long time from now...its best to lock in profits while you can (especially when there is a very good chance you'll be able to buy back in at a lower price.)

LOL

noedaRDH

full member

Activity: 182

Merit: 100

Finding Satoshi

Quote from: dandirk on April 15, 2013, 06:32:40 PM

It is possible that these 2 crashes could seriously hinder BTC, making way for another alt currency a couple years down the road.

Doubt it. BTC's will still gain adoption whatever the price.

dandirk

full member

Activity: 143

Merit: 100

It is possible that these 2 crashes could seriously hinder BTC, making way for another alt currency a couple years down the road.

evolve

hero member

Activity: 700

Merit: 500

daytrader/superhero

Quote from: Brushan on April 15, 2013, 06:23:25 PM

I agree that we're entering a bear market and i've too cashed out waiting for cheaper coins but what makes you think that?

I'm simply stating that future price is uncertain.

There is no guarantee the prices will ever go back up any significant amount once we hit bottom. Maybe the prices will rise again naturally or maybe we will see another bubble and crazy high prices, but it is just as likely that the price stagnates or drifts down to fractions of a penny.

Topic: SELL! SELL! SELL! (Read 3268 times)