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Title: Good time to cash out? Me thinks a correction is coming Post by: massivebitman on April 19, 2013, 07:41:57 AM No good reason to stick in tonight?
It's not going to break 130.. It's gone up 30% in less than a day. Can't be sustainable. The question is... how high to climb before you dump Title: Re: Good time to cash out? Me thinks a correction is coming Post by: Newscastix on April 19, 2013, 07:46:42 AM This is the correction. Correcting back to 260 from the gox failure. ;D
Title: Re: Good time to cash out? Me thinks a correction is coming Post by: massivebitman on April 19, 2013, 07:48:21 AM My problem is I keep getting burned trying to day trade.
End up paying $200 in fees every time. Plus a loss if the market moves in the wrong direction. Fuck gox and their fees. Wait a minute... just fuck Gox.. Title: Re: Good time to cash out? Me thinks a correction is coming Post by: BTC Books on April 19, 2013, 07:51:21 AM No good reason to stick in tonight? It's not going to break 130.. It's gone up 30% in less than a day. Can't be sustainable. The question is... how high to climb before you dump $129.50... Title: Re: Good time to cash out? Me thinks a correction is coming Post by: Zangelbert Bingledack on April 19, 2013, 07:53:01 AM Selling a few % to strength for portfolio balance is one thing, but dump all your coins?? Uhh, no.
Also, the "fuck you" option should be in the middle, so it looks like the poll itself is flipping you off. Pollmaking 101 ;D Title: Re: Good time to cash out? Me thinks a correction is coming Post by: drakahn on April 19, 2013, 07:54:32 AM dumping is always a bad idea, even if it later turns out to be a good idea.
Title: Re: Good time to cash out? Me thinks a correction is coming Post by: ManBearPig on April 19, 2013, 08:05:14 AM Except: we have very recent prices to go by, beyond $266 yes you would be right to be very cautious, up to then we have history.
Title: Re: Good time to cash out? Me thinks a correction is coming Post by: BTC Books on April 19, 2013, 08:05:40 AM No good reason to stick in tonight? It's not going to break 130.. It's gone up 30% in less than a day. Can't be sustainable. The question is... how high to climb before you dump Ooops. That prediction lasted 22 minutes. $130.02. Title: Re: Good time to cash out? Me thinks a correction is coming Post by: randrace on April 19, 2013, 08:06:06 AM I held all my coins from $250 all the way to $50. I'm going to change strategies, and will be taking some profits this week.
Title: Re: Good time to cash out? Me thinks a correction is coming Post by: arnoldrimmer on April 19, 2013, 08:07:49 AM 132
Title: Re: Good time to cash out? Me thinks a correction is coming Post by: BTC Books on April 19, 2013, 08:07:58 AM I held all my coins from $250 all the way to $50. I'm going to change strategies, and will be taking some profits this week. https://bitcointalk.org/index.php?topic=179089.msg1882845#msg1882845 Title: Re: Good time to cash out? Me thinks a correction is coming Post by: ZoolooMaster on April 19, 2013, 08:08:40 AM Except: we have very recent prices to go by, beyond $266 yes you would be right to be very cautious, up to then we have history. I don't think that figure is at all reliable! It was a bubble, and that always happens in bubbles. If we look back to 2011, the price inflated to USD 30 before dropping back down to USD 10. Then it took almost a year for it to climb back up. Title: Re: Good time to cash out? Me thinks a correction is coming Post by: BTC Books on April 19, 2013, 08:10:57 AM Except: we have very recent prices to go by, beyond $266 yes you would be right to be very cautious, up to then we have history. I don't think that figure is at all reliable! It was a bubble, and that always happens in bubbles. If we look back to 2011, the price inflated to USD 30 before dropping back down to USD 10. Then it took almost a year for it to climb back up. It's risky making book based on one data point. Title: Re: Good time to cash out? Me thinks a correction is coming Post by: Zangelbert Bingledack on April 19, 2013, 08:21:20 AM http://lesswrong.com/lw/dr/generalizing_from_one_example/ (http://lesswrong.com/lw/dr/generalizing_from_one_example/)
Title: Re: Good time to cash out? Me thinks a correction is coming Post by: arnoldrimmer on April 19, 2013, 08:30:59 AM i would sell NOW if i were you!!
Title: Re: Good time to cash out? Me thinks a correction is coming Post by: Le Happy Merchant on April 19, 2013, 08:36:57 AM Title: Re: Good time to cash out? Me thinks a correction is coming Post by: DrG on April 19, 2013, 08:38:19 AM SOLD, missed 135 first time, getting my money now and not getting greedy.
Title: Re: Good time to cash out? Me thinks a correction is coming Post by: NikolaTesla on April 19, 2013, 08:44:06 AM i would sell NOW if i were you!! Huge fake buy wall @ 125 indicates market manipulation upward... You could try to ride it up to 150 just don't get caught sleeping with BTC if it pops. Title: Re: Good time to cash out? Me thinks a correction is coming Post by: DrG on April 19, 2013, 08:58:40 AM All the people who were afk or didn't sell on the way down to $50 now are given a second chance. Most of America is asleep, so I figure come morning for them there will be some profit taking.
I put in my buys for $60, and still sitting on all the coins I mined so if goes to $266 I win either way ;D Just gotta decide if I should grab some LTC before going to bed... |
