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Title: Thank you everybody Post by: FreshJR on April 16, 2013, 03:11:14 AM I doubled my bitcoins, with this panic sell. Thank you.
Im happy right now, but they may be worth nothing if this continues, so mixed feelings really >:( I'm riding this out, long term. EDIT: PRICE $65 Title: Re: Thank you everybody Post by: Franktank on April 16, 2013, 03:15:58 AM Uh...um...what? You're saying that it's good idea to get more bitcoins AND and hold them long term? Until the price rises?
This post is making too much sense... Title: Re: Thank you everybody Post by: FreshJR on April 16, 2013, 03:19:56 AM Uh...um...what? You're saying that it's good idea to get more bitcoins AND and hold them long term? Until the price rises? This post is making too much sense... We will see, but sure as hell I am keeping these. EDIT: $55 STRONG ARM STEADY Title: Re: Thank you everybody Post by: Franktank on April 16, 2013, 04:37:53 AM People don't realize that March was full of highs, April is to compensate for that. Sooner or later, the price will slingshot and those who sold will get left behind.
Title: Re: Thank you everybody Post by: keystroke on April 16, 2013, 04:47:13 AM People don't realize that March was full of highs, April is to compensate for that. Sooner or later, the price will slingshot and those who sold will get left behind. The coin remains strong. Title: Re: Thank you everybody Post by: BitPirate on April 16, 2013, 04:49:02 AM People don't realize that March was full of highs, April is to compensate for that. Sooner or later, the price will slingshot and those who sold will get left behind. ^ This.... The time to sell was a week ago. It may not yet be time to buy back much, but selling doesn't look like a sane option (if you haven't already). Title: Re: Thank you everybody Post by: niko on April 16, 2013, 04:55:11 AM People don't realize that March was full of highs, April is to compensate for that. Sooner or later, the price will slingshot and those who sold will get left behind. ^ This.... The time to sell was a week ago. It may not yet be time to buy back much, but selling doesn't look like a sane option (if you haven't already). Title: Re: Thank you everybody Post by: Hyena on April 16, 2013, 06:31:02 AM Strong hands reporting in. Just trained my biceps yesterday.
Title: Re: Thank you everybody Post by: mp420 on April 16, 2013, 07:00:07 AM Selling now is risky. Buying now is even riskier.
We might see single digits again, if the market sentiment has really changed. The hype about bitcoin adoption surging is an empty promise. Most of the adoption is just speculative investment, pretty much no one is using BTC as a medium of exchange. The "intrinsic value" of bitcoin, based on non-speculative use, is at most $10, probably lower. I think the biggest two actual uses of Bitcoin (drug trade and gambling) each contribute about $2 to $3 to Bitcoin price. And everything else is peanuts compared to those. The crash has been a really fast one so far, we might see a bounce back before the downtrend continues. My advice, which I'm trying to follow myself, is "Think like a day trader, act like a long term investor". |