sold at $600. what to do? - page 5. | Bitcointalksearch.org

Coinseeker

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Quote from: crazy_rabbit on November 22, 2013, 02:41:23 PM

Quote from: UnDerDoG81 on November 22, 2013, 02:26:58 PM

Litecoin went up from 4$ to 9$ on Nov. 18th. Maybe that was the better choice

Yeah but for the past few weeks Bitcoin has gone up far much more then that. I know Litecoin is tempting, but it hasn't really gone up much against bitcoin at all. 0.0009 to 0.0014 at the most, I'm not so impressed. Bitcoin has been going up much faster in comparison.

If perhaps you could have timed it perfectly, then yes it would have been a great deal. But like always. It's gambling at best.

That's true. I was lucky, made money while it was climbing but it failed to break $10, while BTC just kept going.

crazy_rabbit

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RUM AND CARROTS: A PIRATE LIFE FOR ME

Quote from: UnDerDoG81 on November 22, 2013, 02:26:58 PM

Litecoin went up from 4$ to 9$ on Nov. 18th. Maybe that was the better choice

Yeah but for the past few weeks Bitcoin has gone up far much more then that. I know Litecoin is tempting, but it hasn't really gone up much against bitcoin at all. 0.0009 to 0.0014 at the most, I'm not so impressed. Bitcoin has been going up much faster in comparison.

If perhaps you could have timed it perfectly, then yes it would have been a great deal. But like always. It's gambling at best.

Xenoph0bia

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Im sure given the attention Bitcoin got lately, it is much more likely to rise big than stay under $1000

emanymton

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Look at the history and make up your mind for yourself. TA or tea leaves it doesn't really matter.
Understand that everybody on here has an agenda of their own and don't put your faith in anonymous people on a board.
Most of all don't invest more than you can afford to lose.

jzcjca00

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You have two options. If you buy in now, you might not get the best price. However, if you wait for a better price, you might never get back in.

I would probably set multiple limit buy orders, perhaps at 5%, 15%, and 25% below the current price. The next flash crash could easily get down below $600.

If you can get the fiat quickly to a cheaper exchange, definitely buy there. However, if you sold on Gox, you'll have to buy back in at Gox prices. You could miss a lot of run up waiting for an international wire.

"Buy and hold" is the safest strategy in a rapidly rising market.

romerun

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Bitcoin is new, makes sense to hodl.

no big deal, buy back bro, could be the last time we see 3 digits price

Well, about litecoin, it shouldn't be bench marked against USD, but btc, any investment in cryptcoins has to value against BTC

notme

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Quote from: Ibian on November 22, 2013, 02:28:29 PM

Quote from: UnDerDoG81 on November 22, 2013, 02:26:58 PM

Litecoin went up from 4$ to 9$ on Nov. 18th. Maybe that was the better choice

Not convinced until I see a year+ graph.

http://www.ltc-charts.com/
http://www.cryptocoincharts.info/

Ibian

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Quote from: UnDerDoG81 on November 22, 2013, 02:26:58 PM

Litecoin went up from 4$ to 9$ on Nov. 18th. Maybe that was the better choice

Not convinced until I see a year+ graph.

UnDerDoG81

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Litecoin went up from 4$ to 9$ on Nov. 18th. Maybe that was the better choice

Adrian-x

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Quote from: Mirsad on November 22, 2013, 01:17:08 PM

Best advice:
Never follow advise like "Buy back IN NOW!!!" -> most of the time it's a bulltrap and you could just have waited and bought more coins.

Also good advice,
Although
I'm still wafting on the $13 coins I sold in January.

Rampion

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This thread is quite bullish. Panic buying is in the air Cheesy

zeraTunerse

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It is the problem when you trading coins, you have to accept a loss sometimes...

UnDerDoG81

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Same problem here. I´m not sure to buy now or wait till (if it ever again) drops. The course seems stable and does not rise wild like in the last 2 weeks.

Ibian

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It's mere days ago that the price was in the 500s. I bought a few coins at 700, being new and not thinking about rises and falls. We are at 740 now (average, stamp being higher). Buy & hold. That is the answer. Doesn't matter if the price dips lower than your buy price for a week or a month, it WILL go up again. Always does. Last time it took half a year. Doesn't matter, we are 3 times higher than the ATH at the time.

GriTBitS

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“A decentralized registry for unique assets”

Quote from: windjc on November 22, 2013, 01:25:17 PM

Quote from: Mirsad on November 22, 2013, 01:17:08 PM

Best advice:
Never follow advise like "Buy back IN NOW!!!" -> most of the time it's a bulltrap and you could just have waited and bought more coins.

This is flat out simply HORRIBLE advice. Do not listen to it. Sure we could go back down. But there is a very good chance that if we leave where we are today and go up we will never see this price again. This forum is littered with dozens of people who have made this mistake. We just had a 50% correction. This is not the time to sell.

Thanks bro!

bumpk1nK

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Before you decide what to do, place buy orders under $600, you never know when bear trap comes

Coinseeker

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We're coming up on a weekend. Traditionally, we see some dips on the weekend. Wasn't the case last weekend though. Grin

Might want to just prepare to start buying back slowly but anticipate a drop over the weekend. If it drops significantly, you can dollar cost average out the buys you made at $750+. If it doesn't drop, at least you still have coins. Good luck brother.

adamstgBit

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Trusted Bitcoiner

Quote from: sumantso on November 22, 2013, 01:29:36 PM

I bet after reading through the thread the OP will be none the more wiser Grin

no but everyone seem to be getting it right.

HOLD! your position.

whats the worst that can happen....

sumantso

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I bet after reading through the thread the OP will be none the more wiser Grin

Mirsad

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Bitcoin - love & hate

Of course it's not the time to sell, but also not to buy back.

If it's going to the moon, does it really matters if he bought the coins @ 760 or 850$ ?
No, it doesn't.

You all "believe" in bitcoin, so you are not for the short term profit -> doesn't really matter when you buy

But why take the risk in such a situation? It looks like a double top in all other exchanges then bitstamp.

Topic: sold at $600. what to do? - page 5. (Read 7453 times)