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Topic: Whats your crash-comming-panic-sell number? (Read 4033 times)

full member
Activity: 186
Merit: 100
November 21, 2013, 06:46:21 PM
#52
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!
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
November 21, 2013, 09:55:18 AM
#51
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.
full member
Activity: 186
Merit: 100
November 21, 2013, 09:43:59 AM
#50
I think we are walking little corrected steps to a stable price on 500/600 range.
hero member
Activity: 728
Merit: 500
November 20, 2013, 11:07:17 PM
#49
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.
newbie
Activity: 15
Merit: 0
November 20, 2013, 10:21:08 PM
#48
I sold mine at 250... Im a retard i guess.
full member
Activity: 186
Merit: 100
November 20, 2013, 08:52:29 PM
#47
Just placed orders in btce to sell at 670 USD.
It's time to sleep ...
(after two hours of thinking on my orders)
 
legendary
Activity: 924
Merit: 1132
November 20, 2013, 06:58:05 PM
#46
Heh.  Fair point.

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

full member
Activity: 147
Merit: 100
November 20, 2013, 06:28:37 PM
#45
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
hero member
Activity: 574
Merit: 500
November 20, 2013, 05:59:27 PM
#44
Nervous breakdown at $ 723. Panic sold.
full member
Activity: 186
Merit: 100
November 20, 2013, 02:58:14 PM
#43
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
sr. member
Activity: 308
Merit: 250
November 20, 2013, 01:00:34 PM
#42
You guys all realize that by the time BTC hits $2,000 it will be an accepted form of payment in most places, right?

legendary
Activity: 924
Merit: 1132
November 20, 2013, 12:57:10 PM
#41
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.

sr. member
Activity: 308
Merit: 250
November 19, 2013, 02:53:18 AM
#40
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
legendary
Activity: 1078
Merit: 1002
Bitcoin is new, makes sense to hodl.
November 18, 2013, 08:24:42 PM
#39
I call it top at 4000$
hero member
Activity: 546
Merit: 500
November 18, 2013, 08:03:03 PM
#38
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
legendary
Activity: 924
Merit: 1132
November 18, 2013, 07:36:15 PM
#37

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
legendary
Activity: 1260
Merit: 1008
November 18, 2013, 07:34:41 PM
#36
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
hero member
Activity: 632
Merit: 500
November 18, 2013, 07:30:26 PM
#35
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.
legendary
Activity: 2324
Merit: 1125
November 18, 2013, 07:26:59 PM
#34
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.
legendary
Activity: 924
Merit: 1132
November 18, 2013, 07:23:12 PM
#33
It was a small investment when I made it.  It isn't a small investment any more.  

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