Whats your crash-comming-panic-sell number?

raskolnikovx

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Merit: 100

Quote from: raskolnikovx on November 20, 2013, 08:52:29 PM

Just placed orders in btce to sell at 670 USD.
It's time to sleep ...
(after two hours of thinking on my orders)

Price just got to 670 USD and my order got sold.
After that price started going down at BTCe.
How cool is to sell at the top of the mountain!

JimboToronto

legendary

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You're never too old to think young.

Quote from: Elwar on November 18, 2013, 02:09:16 PM

my mortgage company already told me they will not take Bitcoin.

What? A usury-based traditional financial service business that doesn't like Bitcoin? Imagine that.

raskolnikovx

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I think we are walking little corrected steps to a stable price on 500/600 range.

TERA

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It's not how high it goes but how fast it gets there and when the last test of a daily ema was. The crashes only happen after a huge daily gain and usually when a test hasn't been done in a while. 900 the other day was an obvious sell. But if the price built slowly up to 900, with corrections, then it would not be.

You can also look at blockchain.info to see when large amounts of coins are being transferred but you're still left guessing as to exactly when the coins will be sold.

dluxltd

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I sold mine at 250... Im a retard i guess.

raskolnikovx

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Just placed orders in btce to sell at 670 USD.
It's time to sleep ...
(after two hours of thinking on my orders)

Cryddit

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Merit: 1132

Heh. Fair point.

Selling on the china exchange I couldn't have bought back in yet; I'd still be waiting for my money.

imamanandyou

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Quote from: Cryddit on November 20, 2013, 12:57:10 PM

Quote from: Cryddit on November 18, 2013, 07:17:37 PM

I'm expecting the current silliness to peak around $1000 and crash back to about $500.

Did I call it, or did I call it?

Heh. Just wish I'd been confident enough to sell at $900 and buy back in at $550.

But you told around $1000, not $900.
Or you trading at China exchanges Huh

live627

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Nervous breakdown at $ 723. Panic sold.

raskolnikovx

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Quote from: antimattercrusader on November 20, 2013, 01:00:34 PM

Quote from: AndrewWilliams on November 18, 2013, 06:03:27 PM

You guys all realize that by the time BTC hits $2,000 it will be an accepted form of payment in most places, right?

hahaha

antimattercrusader

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Quote from: AndrewWilliams on November 18, 2013, 06:03:27 PM

You guys all realize that by the time BTC hits $2,000 it will be an accepted form of payment in most places, right?

Cryddit

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Quote from: Cryddit on November 18, 2013, 07:17:37 PM

I'm expecting the current silliness to peak around $1000 and crash back to about $500.

Did I call it, or did I call it?

Heh. Just wish I'd been confident enough to sell at $900 and buy back in at $550.

Bitbuy

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Quote from: frankenmint on November 18, 2013, 05:47:39 PM

Quote from: Bitbuy on November 18, 2013, 02:57:26 PM

Keeping it at 720 USD...Might get there sooner than expected though...

Did you sell yet? its hitting your number on gox now Cheesy

Unfortunately I was sleeping while this happened; so no selling has been done Tongue

Did I say 720 USD? I meant 1720 USD... Grin

romerun

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Bitcoin is new, makes sense to hodl.

I call it top at 4000$

mgio

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I sold 250 coins last week at a little under 400. Of course I regret that now as I could have made another 80k by holding, but whatever. I really didn't expect us to hit 500. I'll be surprised if we can make it to $1000 without popping. its just going up too fast right now

Cryddit

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Quote from: wachtwoord on November 18, 2013, 07:26:59 PM

You bought at $400 and swings are the size of your mortgage. The biggest swing is what? $400? So you must have invested at least the size of your mortgage.

Don't be silly. I didn't invest $400 per coin. I invested $400 for many coins. Cool

sickpig

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Quote from: Bitcopia on November 18, 2013, 06:05:25 PM

Quote from: Sage on November 18, 2013, 05:51:31 PM

You're asking the wrong question.

Watch for a momentum increase (as in now)...

Then place your stop-loss well below the trend line.

Let the market take you out when it breaks the trend line.

BTW I suspect China will surprise us all, pushing this market farther then anyone expects... but don't play that gamble. Now is the time to put stops in. But keep them well below the trend line. You don't want to get stopped out too soon.

Is there an exchange with a stop-loss feature or are you using a bot? Would LOVE to use a stop loss so I can stop checking price every 5 minutes.

kraken.com

Sage

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Quote from: Bitcopia on November 18, 2013, 06:05:25 PM

Quote from: Sage on November 18, 2013, 05:51:31 PM

You're asking the wrong question.

Watch for a momentum increase (as in now)...

Then place your stop-loss well below the trend line.

Let the market take you out when it breaks the trend line.

BTW I suspect China will surprise us all, pushing this market farther then anyone expects... but don't play that gamble. Now is the time to put stops in. But keep them well below the trend line. You don't want to get stopped out too soon.

Is there an exchange with a stop-loss feature or are you using a bot? Would LOVE to use a stop loss so I can stop checking price every 5 minutes.

Bitfinex has this feature. You can put a running stop in. Place out of range of the price so that your running stop stays below the trend line.

wachtwoord

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Quote from: Cryddit on November 18, 2013, 07:23:12 PM

It was a small investment when I made it. It isn't a small investment any more.

You bought at $400 and swings are the size of your mortgage. The biggest swing is what? $400? So you must have invested at least the size of your mortgage.

Cryddit

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It was a small investment when I made it. It isn't a small investment any more.

Topic: Whats your crash-comming-panic-sell number? (Read 4042 times)