Author

Topic: Today i sold all btc and ltc (Read 877 times)

legendary
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
January 04, 2015, 01:14:19 AM
#17
if everyone sells on that low the price become very low for a some moments but i suggest u all to dont sell as i do !! i m saving it !! as sson as the btc hit 200$ i,ll buy more btc and save in cold storage!

You can always tell how well a coin is doing by the hostility of those holding it, especially whilst they shill in threads that have nothing to do with anything remotely involving them. Thanks for proving my point  Wink
full member
Activity: 882
Merit: 102
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January 04, 2015, 01:06:58 AM
#16
... and more dump as we speak ...

this is the fucking TITANIC !!!

full member
Activity: 168
Merit: 100
January 04, 2015, 01:04:25 AM
#15
if everyone sells on that low the price become very low for a some moments but i suggest u all to dont sell as i do !! i m saving it !! as sson as the btc hit 200$ i,ll buy more btc and save in cold storage!
hero member
Activity: 742
Merit: 500
January 04, 2015, 01:02:55 AM
#14


It must be doing well if it has to be shilled everywhere

it does in fact do well

i am the one holding it - if i don't talk about it nobody will ...

how's balls doing? Does it have committed longterm bagholders too?
full member
Activity: 574
Merit: 104
January 04, 2015, 12:35:16 AM
#13
yeah gotta agree with most here. I could never bring myself to sell this low. I did sell some around 400 but bought back in at 305 ish this past week

i sold on these assumptions:

-price was too high because last bubble was too high because willybot
-we broke longterm trendline on btc so the very longterm trend was broken which is actually fatal
-no buypressure
-possible stolen gox-coins being sold
-litecoin will be dragged down with it
-inflation for both ltc and btc is high which means price will keep bleeding down
-some early adopters might loose hope right now and there could be big bags looking for the exit

i might rebuy a few weeks before the halvings.
I think price can go much lower and i can see more panicsells happen.

Litecoin fucked enough with me. It's not going to rise before bitcoin does so no point in holding it now. Can still buy when bitcoin goes up.

Sure took a loss but can rebuy lower later in case btc and ltc do not completely fail which is also an option imo.
Crypto will not die and i think there's some promising coins which are currently under value.

With buying low infla coins i think can't go wrong because they will go up when bitcoin does and go up when bitcoin doesn't.

In case btc fails low infla coins is the place to be. Had enough of miners bleeding my money out ...  

Crypto-space is still small and there's not enough people and money here to support the marketcap of btc with that inflation. Google trends shows very low interest in btc which is no surprise with this performance.
So i actually think it will fail and people in crypto will rush to the exit or to a coin that can be sustained/is cheaper to run.
Maybe people still want btc even after it hit 50$ but by that time it will be an altcoin itself.

280$ now and no buypressure at all. It's going to sell off further from here. In case it breaks below 250$ it will be below the ATH of spring 2013 and i expect a real panic in that event.
Litecoin will be under 50 cents then.


In case i am wrong i can still rebuy a little higher and be back in with a few coins less ... a dollar is a dollar
I had to make a decision. I decided not to sit there and watch my money melt away for another year or two.
sr. member
Activity: 434
Merit: 250
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January 03, 2015, 11:56:39 PM
#12
yeah gotta agree with most here. I could never bring myself to sell this low. I did sell some around 400 but bought back in at 305 ish this past week
legendary
Activity: 1022
Merit: 1001
January 03, 2015, 11:44:20 PM
#11
sold all btc and all LTC

went 50% fiat and 50% alts with low inflation

comments?

Depends on what you paid for them.
legendary
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
January 03, 2015, 11:37:14 PM
#10
Uno didn't loose today - and how is that more risky? It's around for more than a year - it's not risky at all.

OP possibly doubled his BTC on that one  today.

Why does it rise? Because it just does it right.

1 year long bearmarket like Bitcoin would just not be possible with Uno - it doesn't bleed enough for that. The coin is scarce, real scarce.  

Was rising from July to October straight. Then 2 months bearmarket (profittakers). Took a jump up today.
I'd recommend: keep an eye out for it. Can go nuts any day now.

It must be doing well if it has to be shilled everywhere
sr. member
Activity: 658
Merit: 250
January 03, 2015, 11:29:02 PM
#9
If you feel that you made the right choice then what does it matter what other people think of it
hero member
Activity: 742
Merit: 500
January 03, 2015, 10:40:53 PM
#8
Uno didn't loose today - and how is that more risky? It's around for more than a year - it's not risky at all.

OP possibly doubled his BTC on that one  today.

Why does it rise? Because it just does it right.

1 year long bearmarket like Bitcoin would just not be possible with Uno - it doesn't bleed enough for that. The coin is scarce, real scarce.  

Was rising from July to October straight. Then 2 months bearmarket (profittakers). Took a jump up today.
I'd recommend: keep an eye out for it. Can go nuts any day now.
legendary
Activity: 1256
Merit: 1009
January 03, 2015, 10:35:45 PM
#7
Quote
It looks like you locked in your losses

by buying other more risky alts???
full member
Activity: 574
Merit: 104
January 03, 2015, 10:30:26 PM
#6
low inflation alts is certainly not a mistake.

Hope you were able to grab some uno before it went nuts

i did in fact. I think i started the rally  Cheesy
hero member
Activity: 742
Merit: 500
January 03, 2015, 10:28:19 PM
#5
low inflation alts is certainly not a mistake.

Hope you were able to grab some uno before it went nuts
hero member
Activity: 546
Merit: 500
AKA The Rubber Monkey
January 03, 2015, 10:26:11 PM
#4
It looks like you locked in your losses. Panic selling is never a good idea. I hope it works out for you, but it looks like a mistake to me.
legendary
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
January 03, 2015, 10:20:22 PM
#3
And people wonder why it keeps dropping
legendary
Activity: 1582
Merit: 1019
011110000110110101110010
January 03, 2015, 10:19:24 PM
#2
sold all btc and all LTC

went 50% fiat and 50% alts with low inflation

comments?

sell low buy high
full member
Activity: 574
Merit: 104
January 03, 2015, 10:18:58 PM
#1
sold all btc and all LTC

went 50% fiat and 50% alts with low inflation

comments?
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