Too late to buy? - page 3. | Bitcointalksearch.org

barbs

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Quote from: TERA on November 08, 2013, 12:30:12 AM

Its never too late to buy in an upwards market. The trick is to set a stop loss order at your buy price. Then if it goes down its like nothing happened, but it was better than not acting at all and you had a chance to win.

None of the exchanges offer a stop loss, which is why my trader friends laugh at me all the time

How can I get a stop loss going?

Hawker

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Quote from: Loki8 on November 07, 2013, 08:28:10 PM

BTC is too high and volatile, and it's based on nothing more than pure gambling.

Rather, you should invest in Stocks if you have much money right now (Twitter shares surge 73% on market debut). There is much less risk...
Stock prices are also based on gambling but also on investors' expectations of the future value of a company.

The Twitter shares were only offered to insiders and banks before launch. That kind of value is not offered to the public.

Lets assume Bitcoin is a failure and is only used for drug deals. It still will be around forever and its value will rise to well over $1000 as buying heroin online is by far the safest way to get it.

There are no stocks that have the same degree of opportunity. Buy and hold Bitcoin.

Bitcopia

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I just picked up another coin. It's never too late to buy bitcoin

antimattercrusader

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Quote from: TERA on November 08, 2013, 12:30:12 AM

Its never too late to buy in an upwards market. The trick is to set a stop loss order at your buy price. Then if it goes down its like nothing happened, but it was better than not acting at all and you had a chance to win.

Just make sure your stop loss order is not on MtGox. Cool

TERA

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Its never too late to buy in an upwards market. The trick is to set a stop loss order at your buy price. Then if it goes down its like nothing happened, but it was better than not acting at all and you had a chance to win.

windjc

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Quote from: derpinheimer on November 07, 2013, 10:44:34 PM

Quote from: windjc on November 07, 2013, 09:05:01 PM

Quote from: derpinheimer on November 07, 2013, 08:35:16 PM

Quote from: Loki8 on November 07, 2013, 08:28:10 PM

BTC is too high and volatile, and it's based on nothing more than pure gambling.

Rather, you should invest in Stocks if you have much money right now (Twitter shares surge 73% on market debut). There is much less risk...
Stock prices are also based on gambling but also on investors' expectations of the future value of a company.

Well, yeah, unlike something with backing it could go to single digits overnight....

But, its unlikely. Very. Unlikely. So, quit QQing and accept your losses. I have and I'm much happier taking them then sitting here watch the ship set sail:)

Are you bullish now Derp? Or do you still believe bitcoin is just a little niche, destined to go to zero at some point in the near future?

Oh, sure, I still believe it goes to near-zero. I was always bullish "mid term", I just didnt expect it so soon. I was still hoping for some more short term drops. Maybe they are still possible, but for now I'm bullish.

Where do you think it goes once the ETF opens and institutional investors and 401k (U.S. tax free retirement accounts) can invest openly and legally in Bitcoin?

How high does it go before it goes to zero?

I mean, SecondMarket brought 15 million into the market since September, which happen to accompany a $175 rise.

What happens when a billion comes into the ETF? (A billion being REALLY conservative based on hedge fund and retirement portfolios.)

derpinheimer

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Quote from: windjc on November 07, 2013, 09:05:01 PM

Quote from: derpinheimer on November 07, 2013, 08:35:16 PM

Quote from: Loki8 on November 07, 2013, 08:28:10 PM

BTC is too high and volatile, and it's based on nothing more than pure gambling.

Rather, you should invest in Stocks if you have much money right now (Twitter shares surge 73% on market debut). There is much less risk...
Stock prices are also based on gambling but also on investors' expectations of the future value of a company.

Well, yeah, unlike something with backing it could go to single digits overnight....

But, its unlikely. Very. Unlikely. So, quit QQing and accept your losses. I have and I'm much happier taking them then sitting here watch the ship set sail:)

Are you bullish now Derp? Or do you still believe bitcoin is just a little niche, destined to go to zero at some point in the near future?

Oh, sure, I still believe it goes to near-zero. I was always bullish "mid term", I just didnt expect it so soon. I was still hoping for some more short term drops. Maybe they are still possible, but for now I'm bullish.

theonewhowaskazu

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Too late to buy? To early to buy.

The second great Bitcoin buying opportunity, if you missed being a "super-early adopter" is when the Winklevoss ETF becomes a thing. With a sizable investment together with your broker's provided leverage, depending on Bitcoin's price increase until then, its possible to get the exposure henceforth only available to people who got single digit coins.

Wary

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Who's there?

Quote from: greaterninja on November 07, 2013, 06:33:32 PM

I believe it was $30-$80 in march...so how was it $13 in april?

In bitcoincharts ( log scale, 1 year, weekly bars), in December there are 4 line-thin weekly barss, at level 13$. I took it as the base level. Then, in January, the parabolic growth starts.

There is similar period in September, 5 weeks of line-thin bars, at 140$, after which the current parabolic growth starts. So I use 13 and 140 as bases for measuring bubble-burst levels.

To everybody: Thanks! I'll buy, straight after I get the fiat. Promise!

windjc

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Quote from: Loki8 on November 07, 2013, 10:17:43 PM

Quote from: windjc on November 07, 2013, 09:04:05 PM

Quote from: Loki8 on November 07, 2013, 08:28:10 PM

BTC is too high and volatile, and it's based on nothing more than pure gambling.

Rather, you should invest in Stocks if you have much money right now (Twitter shares surge 73% on market debut). There is much less risk...
Stock prices are also based on gambling but also on investors' expectations of the future value of a company.

Its one thing to advise people to sell BTC. But when you combine this with the advice to buy the stockmarket, this goes down as the worse post of advice I have EVER seen on this forum.

And that says a lot.

I don't recommend people to invest their money in stocks, bitcoin, gold, poker or whatever, but for investors that have a lot of funds available and want to make extra money, the stockmarket is much safer and it's retegulated by the SEC.

Let's be honest, bitcoin is an illusion like the dollar and have potential of reaching zero today or tomorrow, but the U.S. dollar is backed by the might of the US military. It's pump and dump nothing more, nothing less.

The stock market is a horrible investment.

Most wealthy investors do not invest in the stock market. There are much better and safer options.

Bitcoin is more risky than the stock market, but much much much much much much much much less corrupt and scammy.

antimattercrusader

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Yeah, you're probably right. If I managed a $2 trillion portfolio, I do not think I would dump it all in Crypto. That said, the fact it's regulated by the SEC doesn't really help me sleep at night.

The U.S. Dollar may be back by the US military,but even the military can't protect from stupid self-destructive decisions & policies. The writing is on the wall when it comes to US supremacy, and we've done it to ourselves.

All in all, don't put all your eggs in one basket would be my advice for the typical personal investor.

Loki8

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Quote from: windjc on November 07, 2013, 09:04:05 PM

Quote from: Loki8 on November 07, 2013, 08:28:10 PM

BTC is too high and volatile, and it's based on nothing more than pure gambling.

Rather, you should invest in Stocks if you have much money right now (Twitter shares surge 73% on market debut). There is much less risk...
Stock prices are also based on gambling but also on investors' expectations of the future value of a company.

Its one thing to advise people to sell BTC. But when you combine this with the advice to buy the stockmarket, this goes down as the worse post of advice I have EVER seen on this forum.

And that says a lot.

I don't recommend people to invest their money in stocks, bitcoin, gold, poker or whatever, but for investors that have a lot of funds available and want to make extra money, the stockmarket is much safer and it's retegulated by the SEC.

Let's be honest, bitcoin is an illusion like the dollar and have potential of reaching zero today or tomorrow, but the U.S. dollar is backed by the might of the US military. It's pump and dump nothing more, nothing less.

balanghai

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Hey, it's not too late, but your increments if you expect a plunge, will be little. If you are willing to wait for 6 months, then yes now is the time to buy.

antimattercrusader

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Quote from: superduh on November 07, 2013, 10:01:52 PM

Quote from: Loki8 on November 07, 2013, 08:28:10 PM

BTC is too high and volatile, and it's based on nothing more than pure gambling.

Rather, you should invest in Stocks if you have much money right now (Twitter shares surge 73% on market debut). There is much less risk...
Stock prices are also based on gambling but also on investors' expectations of the future value of a company.

have you been diagnosed as insane!?!?!

In the court of bitcointalk, I believe so.

superduh

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Quote from: Loki8 on November 07, 2013, 08:28:10 PM

BTC is too high and volatile, and it's based on nothing more than pure gambling.

Rather, you should invest in Stocks if you have much money right now (Twitter shares surge 73% on market debut). There is much less risk...
Stock prices are also based on gambling but also on investors' expectations of the future value of a company.

have you been diagnosed as insane!?!?!

antimattercrusader

sr. member

Activity: 308

Merit: 250

Well, true, but that is still based on their speculative opinion/outlook of Bitcoin.

Ha...besides, I doubt of the average stock on the market would satisfy those wanting to get on the good ol' crazy gain train. I'm bored by the stock market at this point, but am now interested in rhodium futures... hmmm lol (https://bitcointalksearch.org/topic/bitcoin-is-not-digital-gold-it-is-digital-rhodium-189308)

testerx

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Quote from: antimattercrusader on November 07, 2013, 09:01:20 PM

Quote from: Loki8 on November 07, 2013, 08:28:10 PM

BTC is too high and volatile, and it's based on nothing more than pure gambling.

Rather, you should invest in Stocks if you have much money right now (Twitter shares surge 73% on market debut). There is much less risk...
Stock prices are also based on gambling but also on investors' expectations of the future value of a company.

*spits out beer* *snooorrrtt* *snicker* heh hehehh hahahhaAHAHAHHA AAAAAAAAAAAAAAAAAAAAAAAAAAHAHAHHAAAH *ahem* sorry.

Anyway, stock prices AND BITCOIN prices are based on investors exceptions of the future of the company/currency. While I cannot predict the future, if bitcoin were to become mainstream buying now would be like buying Microsoft when bill gates was making computers in his garage. The upside is huge. Most stocks don't offer this kind of upside potential. As for risk, it's speculative. Both stocks and bitcoin can fail.

Sure, long term investors are buying it for the future use where it's widely adopted, etc. But the reality is that the huge price spikes are mostly driven by people trying to hop aboard the crazy gains train.

CMMPro

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Good analysis but to simplify things just look into Fibonacci retracement percentages....they just work.

You can try to predict / short near the the top and then set your buys for the 50% and 78% levels and usually the 50% will get filled and very often the 78% as well in a flash crash.

Disclosure: I'm not playing any of these shorting games right now...

windjc

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Quote from: derpinheimer on November 07, 2013, 08:35:16 PM

Quote from: Loki8 on November 07, 2013, 08:28:10 PM

BTC is too high and volatile, and it's based on nothing more than pure gambling.

Rather, you should invest in Stocks if you have much money right now (Twitter shares surge 73% on market debut). There is much less risk...
Stock prices are also based on gambling but also on investors' expectations of the future value of a company.

Well, yeah, unlike something with backing it could go to single digits overnight....

But, its unlikely. Very. Unlikely. So, quit QQing and accept your losses. I have and I'm much happier taking them then sitting here watch the ship set sail:)

Are you bullish now Derp? Or do you still believe bitcoin is just a little niche, destined to go to zero at some point in the near future?

windjc

legendary

Activity: 2156

Merit: 1070

Quote from: Loki8 on November 07, 2013, 08:28:10 PM

BTC is too high and volatile, and it's based on nothing more than pure gambling.

Rather, you should invest in Stocks if you have much money right now (Twitter shares surge 73% on market debut). There is much less risk...
Stock prices are also based on gambling but also on investors' expectations of the future value of a company.

Its one thing to advise people to sell BTC. But when you combine this with the advice to buy the stockmarket, this goes down as the worse post of advice I have EVER seen on this forum.

And that says a lot.

Topic: Too late to buy? - page 3. (Read 6342 times)