Waking up to see this ...another completely failed rally attempt... I think there might be some panic today
60's on their way soon ... have to say, I didn't think it would happen so quickly
What do you think Rampion and IAS ?
Well, I had a bid at $71ish that wasn't filled for a few cents (unfortunately, the bounce from $72 was very profitable for those who caught it), and I pulled it. Didn't catch it the first time, I won't be trying to catch a falling knife for the second time in the $70s for sure.
I may play a bounce in the $60s, but with a smallish position. Its risky.I will for sure play the bounce from the $50ish with significant money, that its going to be nice action indeed.
I still see too much denial for the very bottom to be close, but it's also true that these forums are über-bullish by nature (its bitcointalk.org), so I don't really know how good indicator they are.
This was a bad call. While price had been dropping for 3 weeks in a row coming from $110, and was now in the $70's Rampion thinks price will go down even more to $50's. He says he does not buy at current price around $70 and might buy a little in $60's.
Price dropped to only $65 that day July 5th and strongly recovered the days and weeks after to $111 by July 31st.
I was wrong about the price going to the '50s in that moment, but how was buying some coins in the '60s to play the bounce (to $110, as you pointed out) a bad call? It made me money.
You are now misrepresenting the call made. Your call was not to buy some coins in the 60's. It was to maybe buy some coins in the 60's, but you found it to be risky.
If you are unable to see that this call was overall a bad call, you are incapable of critical self analysis. I strongly suspect this to be the case with you, just like I think this to be the case with cypherdoc too.
This is much worse than making a bad call as critical self analyses is the only way to learn and improve.
I'm considering selling all of mine at the market price of $175, and waiting to see what happens next. Its so hard to decide lol. What if it hits $200? etc.
You are in BTC because of fiat profits? SELL SELL SELL
You are in BTC because of freedom? HOLD HOLD HOLD
Every BTC sold goes from weak hands to stronger hands. Just do it!
This was a bad call. After the market has gone up for many months in a row, parabolically, Rampion advises someone who considered selling at $175 to hold.
2 days later, on April 10th, the price peaked out at $266 and crashed to $105, only to end the day at $165.
It continued to go down the days after and bottomed around $50 only a week later.
This is lame. I've made dozens of serious analysis/calls (right & wrong), and you nitpick a trolly post I wrote? Anyhow I stand correct in what I told the guy - if you are in BTC because of fiat profits, then SELL (that was a very good moment to sell for FIAT profits, right?). If you are in BTC because of something deeper (monetary freedom) - then HOLD and fuck the exchange rate.
Anyhow, this is a fun (and useful) initiative - but me, Blitz, Cypherdoc, Odalv, etc. have made dozens (if not hundreds) of calls and here you are cherry-picking a lot, selecting very few, which makes this thread incomplete and biased. I think it would be cool if you'd do an exhaustive recount of all the calls - I guess its almost an impossible job for the past (tens of k's of posts to be read, etc.) but maybe you could start to track all the calls from now on.
In my opinion your response to me analysing your call is 'lame'. You still do not recognize this to be a bad call. You are instead misrepresenting again the call made (no, it was not advise to sell... you made a mockery of someone considering to sell), are making up excuses ("I've made dozens of serious analysis/calls (right & wrong)"), are trying to discredit the messenger with unfounded accusations ("you are cherry picking") and you are trying to make this thread into an impossible task ("maybe you could start to track all the calls from now on").
I want the track record to be a fair representation of one's performance here in the past. It is my experience that you have been more wrong than right Rampion. Advising to buy and hold when prices were relatively high ($230) and to not buy when prices were relatively low ($70). And this in a trolly and spammy manner thereby adding to the widespread greed and fear that dominated this board and likely mislead many. I agree that my impression is subjective and my representation of your track record also. If you find it to be an unfair overly negative representation please quote calls from you here that have proven to be great/good and helpful for others.