Author

Topic: Sold @ 135 (Read 5125 times)

legendary
Activity: 1218
Merit: 1001
April 25, 2013, 07:41:19 AM
#61
Jumped back in yet or are you waiting for $200?

Poor guy hasn't been able to:

I've played the market 3 times and won all 3...
$104 --> $235
$88  --> $100
$104 --> $135

The sell at $135 was actually good because it dropped down to $120 for a few days after that. I just never bought back in (thought it was gonna go down further), and now it's shot back up to $155.

...snip...
donator
Activity: 980
Merit: 1000
April 25, 2013, 07:32:25 AM
#60
Jumped back in yet or are you waiting for $200?
hero member
Activity: 482
Merit: 500
April 24, 2013, 12:46:31 AM
#59
Here's one for you:

"A part of all you earn is yours to keep."

If you need money (fiat) for something, fine, but always keep 10% of your coins for the future. Invest it as it were. If I had done that properly, and then cashed out at $200+, my mining profits would have been about half of my yearly income just from that 10%. Anyway, I'm holding now and thinking next major sell I'm going to do will be at $500. It might take months or even a year or more to get there, but when we do, I should be sitting on close to 100 BTC if not more. At some point in the next few years, when the price is high enough I'll cash out of 90% of my coins and pay off my house. :-D
legendary
Activity: 1722
Merit: 1004
April 23, 2013, 11:16:28 PM
#58

...

This really out weighs most benefit i could get by trading.....yeah sure I could buy and sell, but I going to miss the boat at some point is a sell, and then its going and order of magnitude on me, not comming back, and thats that.


Yup. Add to that the fact that day-traders are highly exposed to optimism bias and selective memory. Furthermore, the bitcoin market is likely a fun toy for experienced Wall St. traders who get to manipulate a thin market and fleece a bunch of 23yr olds who think they have it "figured out".

Day trading is a negative-sum game. Very similar to poker. In poker, an analysis of large online hand databases suggested that about 2/3 of players lost, and that the vast majority of the 1/3 that actually ended up ahead, only ended up very slightly ahead (ie, not even close to being worth the time). I'd love to see a survey of the 2/3 of losing players and how many of them *think* that they win....again, optimism bias and selective memory.

legendary
Activity: 2674
Merit: 1029
April 23, 2013, 10:14:57 PM
#57
I wouldn't sell at 1000$

I am not here to day trade and all that stress, to get 1x more or 4x more here and there even if I could pick the tops an bottoms.

What  I am into is the orders of magnitude increase of BTC, 10, 100, 1000, 10,000 etc.

This really out weighs most benefit i could get by trading.....yeah sure I could buy and sell, but I going to miss the boat at some point is a sell, and then its going and order of magnitude on me, not comming back, and thats that.
member
Activity: 84
Merit: 10
April 23, 2013, 09:57:08 PM
#56
I sold at an average of 71.42....when I meant to buy.
Time to suck start a shot gun
donator
Activity: 784
Merit: 1000
April 23, 2013, 08:53:54 PM
#55
Won't sell it even at $200
donator
Activity: 980
Merit: 1000
April 23, 2013, 06:54:16 PM
#54
$142.5
sr. member
Activity: 350
Merit: 250
"Don't go in the trollbox, trollbox, trollbox"
April 19, 2013, 07:23:46 AM
#53
$110 being tested, not much support there but it's growing.

I don't think $100 needs to be worried that much - if it holds 3 figures today after having posted $135 I'll be happy.
sr. member
Activity: 406
Merit: 250
April 19, 2013, 07:00:24 AM
#52
My wallet is starting to grow nicely.  Grin
member
Activity: 84
Merit: 10
supernode
April 19, 2013, 06:58:31 AM
#51
I fucking bought in at $130. ;_;

You are horrible and have no clue... Stop trading now!

Bullshit, it's going up to $150+ by Tuesday.

It will be going 1000$ by end of year.
full member
Activity: 238
Merit: 100
RMBTB.com: The secure BTC:CNY exchange. 0% fee!
April 19, 2013, 06:50:28 AM
#50
I fucking bought in at $130. ;_;

You are horrible and have no clue... Stop trading now!

Bullshit, it's going up to $150+ by Tuesday.
sr. member
Activity: 462
Merit: 250
April 19, 2013, 06:45:08 AM
#49
I fucking bought in at $130. ;_;

You are horrible and have no clue... Stop trading now!
sr. member
Activity: 411
Merit: 250
April 19, 2013, 06:35:05 AM
#48
bought in at 135.. Smiley
b!z
legendary
Activity: 1582
Merit: 1010
April 19, 2013, 06:28:40 AM
#47
I fucking bought in at $130. ;_;
full member
Activity: 238
Merit: 100
RMBTB.com: The secure BTC:CNY exchange. 0% fee!
April 19, 2013, 06:18:09 AM
#46
Guys what's with the constant emo bear pessimism?

Get a grip.

The market has survived a parabolic rise and subsequent correction. This gives every reason to be bullish.  $135 is a very fair price an I fully expect it to continue rising in the coming weeks and months.
donator
Activity: 980
Merit: 1000
April 19, 2013, 06:08:07 AM
#45
See you guys back in $250  Cheesy
DrG
legendary
Activity: 2086
Merit: 1035
April 19, 2013, 05:36:51 AM
#44
My take would be, the time to buy back was 15 minutes ago. Hope you did Smiley

Quoted! I didn't actually, Let's see if I'll have any regrets. IMHO we can buy back cheaper.

Nikola thinks it'll go lower. I believe $110.25 was the bottom for today. One of us is right Smiley

Bitcoin's volatility has impressed me several times before, though. I went +50,000 USD in with speculative capital the day when it smashed from 90->50 about 84 hours ago.

No, I did not buy at 50, my average buy point was 86! That was my smartest guess, which was outsmarted by the herd that day.

Anyway, half of that position is still long (half sold after a day at 92) and I will sell it according to schedule for a profit.

If it goes below 90, I will buy back. I am short term bearish for anything above 130.

Yeah well I wasn't able to get any money into Gox until yesterday (missed the $50 buying opportunity).  I did get in at $90, sold on the second blip at $130.  I bought back in at $120 and I'm going to sleep.

People will neglect their health at the hopes of making easy money.  Money has no purpose when you're dead (other than to distribute your estate haha).
full member
Activity: 204
Merit: 100
April 19, 2013, 05:28:32 AM
#43
Indeed, going back down. Now the big question is where is the bottom ?
hero member
Activity: 898
Merit: 1000
April 19, 2013, 05:25:39 AM
#42
I sold at 130, with a limit to buy back at 110. Then I pussied out and bought back in at 125...
newbie
Activity: 50
Merit: 0
April 19, 2013, 05:24:30 AM
#41
thats kind of what I am saying though..I think there are quite a few people who got in ver their heads.They bought in at 170+ saw it go to 50 and now will just want out.I will be surprised if he doesnt sell as soon as it hits break even territory.because if he blows this chance he may lose a wife,or maybe he will say screw you to her rd eit out and buy a maserati to pick up his new wife...no idea really just putting one real world example out there that I believe reflects a percentage of the post bubble BTC holders out there..but yah lets swing for 170 going into the weekend.Any higher too soon might have people on edge.we can always hit 300 next weekend.
donator
Activity: 1722
Merit: 1036
April 19, 2013, 05:23:43 AM
#40
My take would be, the time to buy back was 15 minutes ago. Hope you did Smiley

Quoted! I didn't actually, Let's see if I'll have any regrets. IMHO we can buy back cheaper.

Nikola thinks it'll go lower. I believe $110.25 was the bottom for today. One of us is right Smiley

Bitcoin's volatility has impressed me several times before, though. I went +50,000 USD in with speculative capital the day when it smashed from 90->50 about 84 hours ago.

No, I did not buy at 50, my average buy point was 86! That was my smartest guess, which was outsmarted by the herd that day.

Anyway, half of that position is still long (half sold after a day at 92) and I will sell it according to schedule for a profit.

If it goes below 90, I will buy back. I am short term bearish for anything above 130.
DrG
legendary
Activity: 2086
Merit: 1035
April 19, 2013, 05:23:32 AM
#39
Too late, going back up... dead cat bounce or not ? Buying pressure is still at insane levels.

No, the bump to $125 lasted 45 minutes.  That's pressure?  Heading back down....$120..
full member
Activity: 204
Merit: 100
April 19, 2013, 05:14:47 AM
#38
Too late, going back up... dead cat bounce or not ? Buying pressure is still at insane levels.
legendary
Activity: 2338
Merit: 2106
April 19, 2013, 05:12:42 AM
#37
OUCH sums it up...got tired of hearing us at work(3 of us) talk about money(actually at time it was net worth since we hadnt sold any)we made on our BTC holdings...which combined between myslef and 2 others was like maybe 600 btc...so he decided he needed  to outdo us all.He listened to my advice and read up on the wiki then went against my advice and got a quickie home equity loan to buy BTC..it was a SURE thing he told his wife..ALL the GEEKS at work are into it..well he bought in around the 8th or 9th and I know he didnt sell cause his wife came down to the job site to berate us for getting her husband into this mess.so yah there is still some real stupid money in BTC.

she´ll be proud of him latest by end of this month. the guy should relax.
DrG
legendary
Activity: 2086
Merit: 1035
April 19, 2013, 05:10:44 AM
#36
My take would be, the time to buy back was 15 minutes ago. Hope you did Smiley

Let's be honest here, all the sensible was money was in at < $70

How dare you come on these forums and ask for sensibility.

I'm am relatively clueless about trading compared to a professional trader or broker (although I've been trading stocks for almost 25 year).  The professional traders have a bit more insight but you can't try to explain the behavior of some 23 year old pot smoking kid who's got 10 rigs in his garage mining away LTC and buying coins in between puffs.

I think it's all luck, you can see all the cups and handles and boobs in the graph that you want...
newbie
Activity: 50
Merit: 0
April 19, 2013, 05:10:16 AM
#35
OUCH sums it up...got tired of hearing us at work(3 of us) talk about money(actually at time it was net worth since we hadnt sold any)we made on our BTC holdings...which combined between myslef and 2 others was like maybe 600 btc...so he decided he needed  to outdo us all.He listened to my advice and read up on the wiki then went against my advice and got a quickie home equity loan to buy BTC..it was a SURE thing he told his wife..ALL the GEEKS at work are into it..well he bought in around the 8th or 9th and I know he didnt sell cause his wife came down to the job site to berate us for getting her husband into this mess.so yah there is still some real stupid money in BTC.
full member
Activity: 144
Merit: 100
Empty vessels make most noise.
April 19, 2013, 05:03:58 AM
#34
My take would be, the time to buy back was 15 minutes ago. Hope you did Smiley

Let's be honest here, all the sensible was money was in at < $70
newbie
Activity: 28
Merit: 0
April 19, 2013, 05:02:40 AM
#33
(took  out high 5 figure loan to buy BTC around april 8th)
Ouch
sr. member
Activity: 367
Merit: 250
April 19, 2013, 05:00:43 AM
#32
Darn! I had a sell order for 100 BTC @ 135, but I cancelled it when the price was around 130, thinking we'd go right through. Had I sold 100 BTC @ 135, and bought back @ 125, I'd have gained 7 BTC.
DrG
legendary
Activity: 2086
Merit: 1035
April 19, 2013, 04:54:16 AM
#31
My take would be, the time to buy back was 15 minutes ago. Hope you did Smiley

Missed my chance, busy easting.  Can't watch this nonsense when hungry Tongue
sr. member
Activity: 462
Merit: 250
April 19, 2013, 04:53:15 AM
#30
I hope no one on this forum who bouht at 130 would sell at a loss with the kind of volume we are having today...US banks havent opened yet...I scooped a few coins on BitStamp at 110 but now all my fiats dried up on exchanges(DAMN YOUR TIMING BITFLOOR) till US banks open...come on guys hold or buy..if it goes above 150 before 9 AM est I may sell to buy into another correction..I think a lot of the new people(at least those left after the 12 th)who bought into the "bubble" in early April are gonna cash out of this roller coaster at the first sign of breaking even,so 150 being a nice round number will see a  lot of action.I personally know one guy whos marriage may be saved if we see 160 soon.(took  out high 5 figure loan to buy BTC around april 8th).However maybe all the new blood has been scared outta market and we will see no real action at 150,so no time to buy like the present,though I am hoping for a correction around 150.

There is no hope for a person that took out a loan to buy BTC. As cruel as it may sound:
That's crazy level Darwin bro...
newbie
Activity: 50
Merit: 0
April 19, 2013, 04:49:19 AM
#29
I hope no one on this forum who bouht at 130 would sell at a loss with the kind of volume we are having today...US banks havent opened yet...I scooped a few coins on BitStamp at 110 but now all my fiats dried up on exchanges(DAMN YOUR TIMING BITFLOOR) till US banks open...come on guys hold or buy..if it goes above 150 before 9 AM est I may sell to buy into another correction..I think a lot of the new people(at least those left after the 12 th)who bought into the "bubble" in early April are gonna cash out of this roller coaster at the first sign of breaking even,so 150 being a nice round number will see a  lot of action.I personally know one guy whos marriage may be saved if we see 160 soon.(took  out high 5 figure loan to buy BTC around april 8th).However maybe all the new blood has been scared outta market and we will see no real action at 150,so no time to buy like the present,though I am hoping for a correction around 150.
sr. member
Activity: 462
Merit: 250
April 19, 2013, 04:48:01 AM
#28
My take would be, the time to buy back was 15 minutes ago. Hope you did Smiley

Quoted! I didn't actually, Let's see if I'll have any regrets. IMHO we can buy back cheaper.
donator
Activity: 1722
Merit: 1036
April 19, 2013, 04:46:57 AM
#27
My take would be, the time to buy back was 15 minutes ago. Hope you did Smiley
full member
Activity: 144
Merit: 100
Empty vessels make most noise.
April 19, 2013, 04:36:07 AM
#26
$111 - $109 should hold, but this is bitcoin when all said and done Cheesy Whatever you do don't sell at a loss!

I'm wondering how many people who bought in at $130 ish are now selling :/
sr. member
Activity: 350
Merit: 250
"Don't go in the trollbox, trollbox, trollbox"
April 19, 2013, 04:28:33 AM
#25
we have broken down passed two large support lines $126 & 122 if it breaks $117 it might be grim

Done, 113 lol

Haha - hat off! Smiley
sr. member
Activity: 294
Merit: 250
April 19, 2013, 04:27:59 AM
#24
wow
sr. member
Activity: 462
Merit: 250
April 19, 2013, 04:27:33 AM
#23
Sold 84 BTC at 130... Pfew :O
newbie
Activity: 28
Merit: 0
April 19, 2013, 04:26:56 AM
#22
we have broken down passed two large support lines $126 & 122 if it breaks $117 it might be grim

Done, 113 lol
newbie
Activity: 14
Merit: 0
April 19, 2013, 04:22:20 AM
#21
These are the kinds of times I keep my finger on the buy/sell trigger. The volatility scares me.
hero member
Activity: 504
Merit: 500
April 19, 2013, 04:21:32 AM
#20
Thanks for letting us know!!!
full member
Activity: 144
Merit: 100
Empty vessels make most noise.
April 19, 2013, 04:16:38 AM
#19
we have broken down passed two large support lines $126 & 122 if it breaks $117 it might be grim
newbie
Activity: 28
Merit: 0
April 19, 2013, 04:16:29 AM
#18
Yup I saw it go by... it's regained a little bit now... 124.
newbie
Activity: 14
Merit: 0
April 19, 2013, 04:15:02 AM
#17
Wow, anyone see that sell? someone just dumped hard. timed it nicely.
hero member
Activity: 924
Merit: 1000
April 19, 2013, 04:13:48 AM
#16
So much for the three hour tour.
newbie
Activity: 28
Merit: 0
April 19, 2013, 04:13:16 AM
#15
Went from 126 to 116 in about 30 seconds... wtf?
full member
Activity: 144
Merit: 100
Empty vessels make most noise.
April 19, 2013, 04:12:48 AM
#14
oooooh I'm seeing differently now Cheesy
full member
Activity: 144
Merit: 100
Empty vessels make most noise.
April 19, 2013, 04:06:51 AM
#13
Back to early morning support line.... Next 30 mins will be interesting.....
vip
Activity: 1316
Merit: 1043
👻
April 19, 2013, 04:04:19 AM
#12
$126.

Back we go.
DrG
legendary
Activity: 2086
Merit: 1035
April 19, 2013, 04:01:16 AM
#11
$128 now...
legendary
Activity: 2338
Merit: 2106
April 19, 2013, 03:55:49 AM
#10
Thanks for that fun rocket blast up to 135.

Definitely not bearish, but this is going up a little too fast. We're in for an intra-day correction I think, at which time I'll buy back in - hopefully soon!

good luck !
full member
Activity: 144
Merit: 100
Empty vessels make most noise.
April 19, 2013, 03:52:44 AM
#9
Thanks for that fun rocket blast up to 135.

Definitely not bearish, but this is going up a little too fast. We're in for an intra-day correction I think, at which time I'll buy back in - hopefully soon!
Smart move BUT I don't think sub-$130 will be anything other than a blip, there's a very narrow window to get back in without passing up on profits.

A little consolidation at $130 would be a good thing, build some Bid walls up again.

+1 This is still in Rally mode until I see differently, all drops below peaks are picked up fairly fast and general trend is still quite bullish....Pigish Smiley
newbie
Activity: 28
Merit: 0
April 19, 2013, 03:45:38 AM
#8
I would not be surprised if it still goes higher than $135. I am just playing it safe - especially considering I have to go to sleep now and a lot can change in 8 hours for better or worse.
sr. member
Activity: 350
Merit: 250
"Don't go in the trollbox, trollbox, trollbox"
April 19, 2013, 03:44:48 AM
#7
Also: when the market's like this you can afford to sit out a small gain.

I did yesterday when the lag spiked and then shifted to bringing the MtGox website down.

I passed on about $10 of the rise but felt good to not be exposed in new territory.

Risk management I suppose.
DrG
legendary
Activity: 2086
Merit: 1035
April 19, 2013, 03:43:41 AM
#6
Come on it sat at 90 for 1 day.  This is somebody just messing with it.  It's going back to $100-110 sometime today.
legendary
Activity: 840
Merit: 1000
April 19, 2013, 03:41:29 AM
#5
Thanks for that fun rocket blast up to 135.

Definitely not bearish, but this is going up a little too fast. We're in for an intra-day correction I think, at which time I'll buy back in - hopefully soon!
Smart move BUT I don't think sub-$130 will be anything other than a blip, there's a very narrow window to get back in without passing up on profits.

A little consolidation at $130 would be a good thing, build some Bid walls up again.

I'm pondering consolidation around 130 also, I'm not convinced this is going to drop just yet. And heck, if we are getting back into the old rally mode it may just sit around here for a couple hours before it continues.
hero member
Activity: 924
Merit: 1000
April 19, 2013, 03:38:58 AM
#4
I sold around 130 too, a bit too exciting for me.
sr. member
Activity: 350
Merit: 250
"Don't go in the trollbox, trollbox, trollbox"
April 19, 2013, 03:38:46 AM
#3
Thanks for that fun rocket blast up to 135.

Definitely not bearish, but this is going up a little too fast. We're in for an intra-day correction I think, at which time I'll buy back in - hopefully soon!
Smart move BUT I don't think sub-$130 will be anything other than a blip, there's a very narrow window to get back in without passing up on profits.

A little consolidation at $130 would be a good thing, build some Bid walls up again.
legendary
Activity: 1176
Merit: 1015
April 19, 2013, 03:33:52 AM
#2
Thanks for that fun rocket blast up to 135.

Definitely not bearish, but this is going up a little too fast. We're in for an intra-day correction I think, at which time I'll buy back in - hopefully soon!

Haha lucky you! My Bitcoins are at home whilst I am at uni. I thought about calling my girlfriend to make a transfer to BTCE but though better of it. I took them off the exchange to stop me wasting time day trading. Smiley

Good luck with buying in sub $100. I wouldn't be surprised.
newbie
Activity: 28
Merit: 0
April 19, 2013, 03:30:01 AM
#1
Thanks for that fun rocket blast up to 135.

Definitely not bearish, but this is going up a little too fast. We're in for an intra-day correction I think, at which time I'll buy back in - hopefully soon!
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