Topic: Yawn, did not sell when high, certianly won't when its low. (Read 1044 times)
Time to move my fiat... and be ready for the bottom...
because I fear the order of magnitude going up and never coming down far more than the price going down. I face total annihilation if I sell at 1 K and it jumps to 10K and never comes back. The other way it goes down just provides more buying opportunities.
+1 whats the point of selling? you get what a bit of FIAT. Who cares for that. I am saying I remain un perturbed by any downward value of btc including to zero. The lower it goes, the less reason I have to care about selling.
What do you care about? If you wanted to own more BTC, then you would have sold at 1,000 and bought back four times more BTC today. But you say that would be pointless, so clearly you don't want to own BTC either.
You must be an absolute nihilist. Nothing matters to you, nothing at all. Wow.
Why are you posting?
because I fear the order of magnitude going up and never coming down far more than the price going down. I face total annihilation if I sell at 1 K and it jumps to 10K and never comes back. The other way it goes down just provides more buying opportunities.
I get it Jubalix..
whats the point of selling? you get what a bit of FIAT. Who cares for that. I am saying I remain un perturbed by any downward value of btc including to zero. The lower it goes, the less reason I have to care about selling.
What do you care about? If you wanted to own more BTC, then you would have sold at 1,000 and bought back four times more BTC today. But you say that would be pointless, so clearly you don't want to own BTC either.
You must be an absolute nihilist. Nothing matters to you, nothing at all. Wow.
Why are you posting?
because I fear the order of magnitude going up and never coming down far more than the price going down. I face total annihilation if I sell at 1 K and it jumps to 10K and never comes back. The other way it goes down just provides more buying opportunities.
it went from $32 to $2 back in the day, and its what only 4 ~ 5 times from high.
I am not selling at any price. I would buy a hell of a lot more though at the right price.
It's a trap.I am not selling at any price. I would buy a hell of a lot more though at the right price.
https://bitcointalksearch.org/topic/if-you-are-waiting-for-the-despair-phase-to-buy-like-in-2011-consider-this-920101
I'm down 50% and am not going to sell. Probably won't buy more unless we sink below $100 which is possible, but once the price gets that low there are too many people that will jump on it and the price will spike.
You haven't lost money until you sell.
You haven't lost money until you sell.
whats the point of selling? you get what a bit of FIAT. Who cares for that. I am saying I remain un perturbed by any downward value of btc including to zero. The lower it goes, the less reason I have to care about selling.
What do you care about? If you wanted to own more BTC, then you would have sold at 1,000 and bought back four times more BTC today. But you say that would be pointless, so clearly you don't want to own BTC either.
You must be an absolute nihilist. Nothing matters to you, nothing at all. Wow.
Why are you posting?
I mined a few when they were worth around 5$, because I was a cautious enough to figure that if this bitcoin thing was a flop, at least I could recoup on selling the hardware..
When they hit 100$ I sold a few to upgrade my gear then sold a few more when they hit the 1000 mark.. It was obvious that there was a bubble and they were overvalued.. but I kept a few
I got in after the last bubble, and this one seems to be much the same.. I wouldn't be concerned if the price dropped to 76$.. That would be proportionate to the price drop from the last bubble.. Somehow though, I don't think it'll break 100, as too many people would be buying, I'll probably grab a few more when I think we've hit a bottom..
Then there'll be a slow climb, much like after the last bubble, then after a long period we'll probably have another bubble.. I'm thinking that's at least a year away probably more.. maybe I'll sell a few more then..
So I doubt Bitcoin will make me rich, I didn't lose anything by it and I enjoyed the ride, but yeah I know what you mean...
When they hit 100$ I sold a few to upgrade my gear then sold a few more when they hit the 1000 mark.. It was obvious that there was a bubble and they were overvalued.. but I kept a few
I got in after the last bubble, and this one seems to be much the same.. I wouldn't be concerned if the price dropped to 76$.. That would be proportionate to the price drop from the last bubble.. Somehow though, I don't think it'll break 100, as too many people would be buying, I'll probably grab a few more when I think we've hit a bottom..
Then there'll be a slow climb, much like after the last bubble, then after a long period we'll probably have another bubble.. I'm thinking that's at least a year away probably more.. maybe I'll sell a few more then..
So I doubt Bitcoin will make me rich, I didn't lose anything by it and I enjoyed the ride, but yeah I know what you mean...
now all the bad traders will go to "panic sell mode" and dump the price even more, plenty of manipulation is near to start or already started, bring the pop corn
But atleast the 3000 bitcoin generated and dumped will go down as mining is at loss right now. I think lower 200's would be a strong point right now.
now all the bad traders will go to "panic sell mode" and dump the price even more, plenty of manipulation is near to start or already started, bring the pop corn
it went from $32 to $2 back in the day, and its what only 4 ~ 5 times from high.
I am not selling at any price. I would buy a hell of a lot more though at the right price.
I am not selling at any price. I would buy a hell of a lot more though at the right price.
Thats great , but whats the point of posting it here ? Its like saying I bought litcoin at 55$ and now it is 1.5$ I still won't sell.
How much you believe in it is your risk analysis
whats the point of selling? you get what a bit of FIAT. Who cares for that. I am saying I remain un perturbed by any downward value of btc including to zero. The lower it goes, the less reason I have to care about selling.
it went from $32 to $2 back in the day, and its what only 4 ~ 5 times from high.
I am not selling at any price. I would buy a hell of a lot more though at the right price.
I am not selling at any price. I would buy a hell of a lot more though at the right price.
Thats great , but whats the point of posting it here ? Its like saying I bought litcoin at 55$ and now it is 1.5$ I still won't sell.
How much you believe in it is your risk analysis
it went from $32 to $2 back in the day, and its what only 4 ~ 5 times from high.
I am not selling at any price. I would buy a hell of a lot more though at the right price.
I am not selling at any price. I would buy a hell of a lot more though at the right price.
Jump to: