Bitcoin Forum

Economy => Speculation => Topic started by: adam9317 on December 16, 2013, 02:48:28 PM



Title: Do i buy now?
Post by: adam9317 on December 16, 2013, 02:48:28 PM
With the recent mini dip in bitcoin, do I buy now or do I leave it?

Thank you


Title: Re: Do i buy now?
Post by: piramida on December 16, 2013, 02:52:13 PM
you buy now, then tomorrow, then the day after and every other day, too.


Title: Re: Do i buy now?
Post by: Bobsurplus on December 16, 2013, 02:52:27 PM
Buy now, stop waiting!


Title: Re: Do i buy now?
Post by: MatTheCat on December 16, 2013, 02:55:01 PM
With the recent mini dip in bitcoin, do I buy now or do I leave it?

Thank you

My next buy in is at sub $600.....

.....but this sucker could eventually easily go down as low as $300.

Be aware of what you are playing with here.


Title: Re: Do i buy now?
Post by: EvilPanda on December 16, 2013, 03:00:19 PM
With the recent mini dip in bitcoin, do I buy now or do I leave it?

Thank you

My next buy in is at sub $600.....

.....but this sucker could eventually easily go down as low as $300.

Be aware of what you are playing with here.
Constant mentioning of those 500s you're waiting for will not bring you closer to it  ;)


Title: Re: Do i buy now?
Post by: BitcoinBarrel on December 16, 2013, 03:00:32 PM
You will find just as many people telling you to buy that tell you not to buy. You better research the market for yourself so you don't have to blame some random person on the internet for giving you bad advice.


Title: Re: Do i buy now?
Post by: Salivan on December 16, 2013, 03:05:40 PM
With the recent mini dip in bitcoin, do I buy now or do I leave it?

Thank you

My next buy in is at sub $600.....

.....but this sucker could eventually easily go down as low as $300.

Be aware of what you are playing with here.
if its really goes to 300$ please  put me all on ignore, because it means am insane.
busy leaving in parallel world where if  somebody buys  5 mil( or more ) coins  with average price 780  it establishes new floor almost unbreakable one.
Believing that volume  its all what matters in this  market


Title: Re: Do i buy now?
Post by: Melbustus on December 16, 2013, 03:10:11 PM
You buy when the price is lower than what you think the discounted future value of bitcoin is.

Or, like most here in spec, you can be a "trader" and delude yourself into thinking that you're better at timing than all the other weak-minded reactionary thinkers who are deluding themselves into thinking they are better at timing...


Title: Re: Do i buy now?
Post by: MatTheCat on December 16, 2013, 03:11:35 PM
With the recent mini dip in bitcoin, do I buy now or do I leave it?

Thank you

My next buy in is at sub $600.....

.....but this sucker could eventually easily go down as low as $300.

Be aware of what you are playing with here.
Constant mentioning of those 500s you're waiting for will not bring you closer to it  ;)

Will it not!?

DAMN! It seemed to work so well last week as well!

Wait, I know what I did different last time, I posted my Bitstamp buy in tranches:

Order type   Date and time   BTC amount   Bitcoin price   Order value      
Buy   Dec. 15, 2013, 2:01 p.m.   3.50000000   $610.00   $2,135.00   
Buy   Dec. 15, 2013, 2 p.m.           5.00000000   $580.00   $2,900.00
Buy   Dec. 13, 2013, 5:30 p.m.   9.00000000   $550.00   $4,950.00   
Buy   Dec. 11, 2013, 6:24 p.m.   6.00000000   $500.00   $3,000.00
Buy   Dec. 11, 2013, 6:24 p.m.   6.00000000   $480.00   $2,880.00   
Buy   Dec. 11, 2013, 6:25 p.m.   4.50000000   $440.00   $1,980.00   

NB* The above buy plan is in state of constant flux.

There! That should do it! Now to sit back and wait on yet more easy profits!


if its really goes to 300$ please  put me all on ignore, because it means am insane.
busy leaving in parallel world where if  somebody buys  5 mil( or more ) coins  with average price 780  it establishes new floor almost unbreakable one.
Believing that volume  its all what matters in this  market


Who has bought 5 million coins at $780?


Title: Re: Do i buy now?
Post by: Salivan on December 16, 2013, 03:19:52 PM


if its really goes to 300$ please  put me all on ignore, because it means am insane.
busy leaving in parallel world where if  somebody buys  5 mil( or more ) coins  with average price 780  it establishes new floor almost unbreakable one.
Believing that volume  its all what matters in this  market


Who has bought 5 million coins at $780?

add volume from all exchanges from recent month look at a average price.
Yes  I know "those are the same coins just changing hands many  times" , I know  the argument and  I don't buy it


Title: Re: Do i buy now?
Post by: MatTheCat on December 16, 2013, 03:28:38 PM


if its really goes to 300$ please  put me all on ignore, because it means am insane.
busy leaving in parallel world where if  somebody buys  5 mil( or more ) coins  with average price 780  it establishes new floor almost unbreakable one.
Believing that volume  its all what matters in this  market


Who has bought 5 million coins at $780?

add volume from all exchanges from recent month look at a average price.
Yes  I know "those are the same coins just changing hands many  times" , I know  the argument and  I don't buy it

What if the vast majority of those coins were bought with the intention of cashing out at much higher prices, only for price pressure now pushing below those levels? What if much of the buying power was actually leverage that must be repaid?

What then?


Title: Re: Do i buy now?
Post by: Salivan on December 16, 2013, 03:30:08 PM


if its really goes to 300$ please  put me all on ignore, because it means am insane.
busy leaving in parallel world where if  somebody buys  5 mil( or more ) coins  with average price 780  it establishes new floor almost unbreakable one.
Believing that volume  its all what matters in this  market


Who has bought 5 million coins at $780?

add volume from all exchanges from recent month look at a average price.
Yes  I know "those are the same coins just changing hands many  times" , I know  the argument and  I don't buy it

What if the vast majority of those coins were bought with the intention of cashing out at much higher prices, only for price pressure now pushing below those levels? What if much of the buying power was actually leverage that must be repaid?

What then?
then I am wrong


Title: Re: Do i buy now?
Post by: Pentax on December 16, 2013, 04:04:37 PM
That depends on a lot of stuff.

Buy how much?

Are you rich and can afford to lose a substantial portion of it?

What is your overall strategy, ie, are you looking to actively trade it or buy and hold?


Realistically it's impossible for anyone to tell you what's going to happen in terms of whether or not right now is a good time to buy.  Trading this market, or any market, involves risk.  It's also a shark tank where experienced investors are playing who will eat your ass for lunch if you don't know what you're doing.

If you don't have experience, be careful.  Buy a small amount to hold your interest on the market and watch it's action, or paper trade it, although that bored the hell out of me when I tried it with commodities.

Get some books on chart-reading.  They'll help you sleep if nothing else and will help you recognize patterns other traders are seeing and acting on.  However, a major news event will trump a chart pattern and send the market running in a new direction; so it is a combination of building a base of fundamental market knowledge/understanding, keeping yourself up on what's happening and not over-leveraging yourself that is the best advice I can give.

Get some books and learn how all of this works.  Not just with bitcoin, but with trading in general.  It's a slower path, but you'll have some idea of what you're doing and it's knowledge that you can use over the course of your lifetime.

Don't go nuts and push your life savings into the pot, unless you're simply convinced this is the right thing.  Even then any sane person would tell you to diversify somewhat......


Title: Re: Do i buy now?
Post by: Mirsad on December 16, 2013, 04:18:26 PM

add volume from all exchanges from recent month look at a average price.
Yes  I know "those are the same coins just changing hands many  times" , I know  the argument and  I don't buy it

Are you even old enough to trade?
90% or more were bot trades. There was only a small amount of new money.


Title: Re: Do i buy now?
Post by: Miz4r on December 16, 2013, 04:28:53 PM
The price will most likely continue to go down for a little while now, but how much and for how long is hard to say. $450 and $570 are important levels on MtGox ($380 and $540 on Bitstamp). I am placing my buy orders between $540 and $700 on Bitstamp, but I have an optimistic bullish bias and have already secured a pretty nice profit so YMMV. ;)


Title: Re: Do i buy now?
Post by: james1457 on December 16, 2013, 04:32:55 PM
sell sell sell

SELL SELL SELL


Title: Re: Do i buy now?
Post by: adamstgBit on December 16, 2013, 04:33:27 PM
dollar cost avg

this is what all the pros are doing atm

no one knows where bottom with be ( 600$ ) but we all know its coming, and SOON!


Title: Re: Do i buy now?
Post by: james1457 on December 16, 2013, 04:36:50 PM
china will push bitcoins to $0 or possible negatives

western markets to bottom at single digits (hopefully)

my ladder is

$11
$7
$3
$.55
$.15
$.02


Title: Re: Do i buy now?
Post by: Salivan on December 16, 2013, 04:47:55 PM
beeing here for a while and having no real world  trading experience. I would  give OP few impressions from average Joe perspective. Yes I know  there is  everything on  charts but  anyway
1. Crashes  and  dumps are  long, I always  have  the impression  like " Yes  this  is last  dump there is no way that price  will not  recover  after that" but  yet  another  day  price   dropped  even  more
2. Flash crashes  are  frequent  and  market seems  to  be  immune to  them, learn  how to profit  on  those  and  you will be  golden
3. When  market  stalls for few  days ( low  volume )  almost always  it  end up  with  some  sharp  action
4. Price  always recover, people  say  so a lot,  but really it seems that things work this  way ( till now I was  not  able to  sell a coin cheaper  than I bought. Simply  I waited for things to sort out, and here you are I am waiting  right  now for  some  of  my  profit  to  mature
5. Panic  periods  are  swift so  it  is  quite  easy  to hold  your  coins but  when price  stall low on  small volume after a crash or is slowly  dropping those periods  are  really depressing
6. No matter what  if  price  rises  more  than 30 % in  one  day  during  rally  secure   some  of your profits
7. Keep track of  volume I  think  in this  market  this is essential
8. Bitcoin  is  not  only  speculation  but  also  culture ( fundamentals, community some  kind of  world  view ) Beside pure  financial  profit  I feel  kind of  proud that  I am member of community I hope to involve more at some  point.


Title: Re: Do i buy now?
Post by: sealberrder on December 16, 2013, 04:56:40 PM
china will push bitcoins to $0 or possible negatives

western markets to bottom at single digits (hopefully)

my ladder is

$11
$7
$3
$.55
$.15
$.02


 ???

This is just bearish, Chinese have the strongest hands.


Title: Re: Do i buy now?
Post by: EvilPanda on December 16, 2013, 05:07:46 PM
china will push bitcoins to $0 or possible negatives

western markets to bottom at single digits (hopefully)

my ladder is

$11
$7
$3
$.55
$.15
$.02


 ???

This is just bearish, Chinese have the strongest hands.
If it goes that low there's no point in buying. Such price would only be caused by a total collapse of the market due to some virus or total network failure.


Title: Re: Do i buy now?
Post by: klovishey on December 16, 2013, 05:20:47 PM
china will push bitcoins to $0 or possible negatives

western markets to bottom at single digits (hopefully)

my ladder is

$11
$7
$3
$.55
$.15
$.02


 ???

This is just bearish, Chinese have the strongest hands.
If it goes that low there's no point in buying. Such price would only be caused by a total collapse of the market due to some virus or total network failure.

Do not underestimate the possibility someone just sells a lot of coins at once. It would be foolish, but posible. It would be worth buying at these prices then


Title: Re: Do i buy now?
Post by: GigaCoin on December 16, 2013, 05:41:07 PM
china will push bitcoins to $0 or possible negatives

western markets to bottom at single digits (hopefully)

my ladder is

$11
$7
$3
$.55
$.15
$.02


 ???

This is just bearish, Chinese have the strongest hands.
If it goes that low there's no point in buying. Such price would only be caused by a total collapse of the market due to some virus or total network failure.

Do not underestimate the possibility someone just sells a lot of coins at once. It would be foolish, but posible. It would be worth buying at these prices then

$0 Bitcoin is an apocalyptic scenario it just won't happen, you're talking about all the hundreds of millions of dollar investments going to the dumpsters, All the startups shutting down, miners abandoning their mining equipment and aspics, bitcoin hacked to the ground and spat on, all the big exchanges shutting down with their owners fleeing into 3rd world hell holes.

Think about it, there is too much smart money behind bitcoin it's going forward nowhere else. Yes we will have price corrections but not single or even double digits ever again!


Title: Re: Do i buy now?
Post by: JimboToronto on December 16, 2013, 05:48:09 PM
china will push bitcoins to $0 or possible negatives

western markets to bottom at single digits (hopefully)

my ladder is

$11
$7
$3
$.55
$.15
$.02
LOLOLOLOLOLOLOL

hahahahahahahahahaha

 :D ;D :D ;D :D ;D :D ;D


Title: Re: Do i buy now?
Post by: quone17 on December 16, 2013, 06:05:53 PM
Sure buy now but don't buy like mad, make sure you have some powder dry in case it goes lower so you can buy more.  Better safe than sorry.


Title: Re: Do i buy now?
Post by: sgbett on December 17, 2013, 12:28:57 AM
china will push bitcoins to $0 or possible negatives

western markets to bottom at single digits (hopefully)

my ladder is

$11
$7
$3
$.55
$.15
$.02

2011 just called... Said something about someone borrowing a ladder...


Title: Re: Do i buy now?
Post by: Miz4r on December 18, 2013, 12:48:55 PM
The price will most likely continue to go down for a little while now, but how much and for how long is hard to say. $450 and $570 are important levels on MtGox ($380 and $540 on Bitstamp). I am placing my buy orders between $540 and $700 on Bitstamp, but I have an optimistic bullish bias and have already secured a pretty nice profit so YMMV. ;)

Well turns out I was being a little too optimistic, but the lowest levels I mentioned ($450 Gox/$380 Stamp) were pretty accurate at least to catch a nice bounce. :) I think those levels will hold but nothing is certain in bitcoin.


Title: Re: Do i buy now?
Post by: dg2010 on December 18, 2013, 12:51:52 PM
The best time to buy was a few hours ago when it dipped under $400 on Bitstamp.

The second best time to buy is now when it's $480 on Bitstamp.


Title: Re: Do i buy now?
Post by: wobber on December 18, 2013, 01:09:02 PM
The best time to buy was a few hours ago when it dipped under $400 on Bitstamp.

The second best time to buy is now when it's $480 on Bitstamp.

But when is the first worst time to buy?


Title: Re: Do i buy now?
Post by: MatTheCat on December 18, 2013, 01:11:20 PM
The best time to buy was a few hours ago when it dipped under $400 on Bitstamp.

The second best time to buy is now when it's $480 on Bitstamp.

Are you mental?

I bought at $550, and have just sold at $490.

Yes, that is a 12% loss. I took this on the chin cos the charts are telling me this is as good as its gonna get for quite some time.


Title: Re: Do i buy now?
Post by: dg2010 on December 18, 2013, 02:05:18 PM
The best time to buy was a few hours ago when it dipped under $400 on Bitstamp.

The second best time to buy is now when it's $480 on Bitstamp.

Are you mental?

I bought at $550, and have just sold at $490.

Yes, that is a 12% loss. I took this on the chin cos the charts are telling me this is as good as its gonna get for quite some time.

Well if you had bought at $480 as I said, you could have exited out at $550 and made a tidy profit.

I don't understand your motivations, either you are day-trading in which case you don't care about long term trends, or you are in it for the long term in which case short term dips mean nothing. It seems to me that you've just taken a fat hit because you couldn't make your mind up. I will shed digital tears for you when it goes past $600 later today.



Title: Re: Do i buy now?
Post by: dg2010 on December 18, 2013, 02:11:45 PM
PS. Have you just seen the price?  Bitstamp almost at 580, Now is the time to sell. It will pop back down below $550 before the day is up so you can rebuy at a profit and make up some of those losses. Just a little day trading tip.


Title: Re: Do i buy now?
Post by: MatTheCat on December 18, 2013, 05:03:20 PM
I don't understand your motivations, either you are day-trading in which case you don't care about long term trends, or you are in it for the long term in which case short term dips mean nothing. It seems to me that you've just taken a fat hit because you couldn't make your mind up. I will shed digital tears for you when it goes past $600 later today.

Don't shed digital crocodile tears for me. I am 5K ($8K) up in a month whereas the majority of people who have invested in Bitcoin have lost (don't argue, this is an axiom of boom n bust cycles). I am just a little bit pissed that I mistimed my buy-in and sold prematurely on the bounce....boo hoo hoo poor little me.

It may well go above $600 today. Oh well, a $1200 dollar loss could have been a $500 gain. Win some ye lose some. but at $600 dollars, the 240 minute chart still looks like this:

http://img842.imageshack.us/img842/7015/67ik.png (http://imageshack.us/photo/my-images/842/67ik.png/)

Time to take advantage of 'cheap' coins!?

Ermmm Nein Danke!


Title: Re: Do i buy now?
Post by: Skybits on December 18, 2013, 05:35:29 PM
I don't understand your motivations, either you are day-trading in which case you don't care about long term trends, or you are in it for the long term in which case short term dips mean nothing. It seems to me that you've just taken a fat hit because you couldn't make your mind up. I will shed digital tears for you when it goes past $600 later today.

Don't shed digital crocodile tears for me. I am 5K ($8K) up in a month whereas the majority of people who have invested in Bitcoin have lost (don't argue, this is an axiom of boom n bust cycles). I am just a little bit pissed that I mistimed my buy-in and sold prematurely on the bounce....boo hoo hoo poor little me.

It may well go above $600 today. Oh well, a $1200 dollar loss could have been a $500 gain. Win some ye lose some. but at $600 dollars, the 240 minute chart still looks like this:

http://img842.imageshack.us/img842/7015/67ik.png (http://imageshack.us/photo/my-images/842/67ik.png/)

Time to take advantage of 'cheap' coins!?

Ermmm Nein Danke!


looks like a double apple bottom to me...time to buy


Title: Re: Do i buy now?
Post by: MatTheCat on December 18, 2013, 05:40:18 PM
looks like a double apple bottom to me...time to buy

Ok, you go ahead and buy on the all time lows.

But if you don't mind, I will wait until confirmation that the bear trend is over.

(and I really really don't think that is now)


Title: Re: Do i buy now?
Post by: sbryant31 on December 18, 2013, 06:16:58 PM
looks like a double apple bottom to me...time to buy

Ok, you go ahead and buy on the all time lows.

But if you don't mind, I will wait until confirmation that the bear trend is over.

(and I really really don't think that is now)

Wouldn't an All-time-low be, like, .005$?

This is more of a one-month low, is that what you mean? Sounds like a good time to buy


Title: Re: Do i buy now?
Post by: Mirsad on December 18, 2013, 06:19:00 PM
The best time to buy was a few hours ago when it dipped under $400 on Bitstamp.

The second best time to buy is now when it's $480 on Bitstamp.

Are you mental?

I bought at $550, and have just sold at $490.

Yes, that is a 12% loss. I took this on the chin cos the charts are telling me this is as good as its gonna get for quite some time.

Don't trade with emotions...
Just place limit orders... it's so easy to not lose money right now...
and you just manage to buy high and sell low? WTF?


Title: Re: Do i buy now?
Post by: MatTheCat on December 18, 2013, 06:28:45 PM
The best time to buy was a few hours ago when it dipped under $400 on Bitstamp.

The second best time to buy is now when it's $480 on Bitstamp.

Are you mental?

I bought at $550, and have just sold at $490.

Yes, that is a 12% loss. I took this on the chin cos the charts are telling me this is as good as its gonna get for quite some time.

Don't trade with emotions...
Just place limit orders... it's so easy to not lose money right now...
and you just manage to buy high and sell low? WTF?

Ok smart guy.

what exchange you on?

Let us see your trades for this downturn?

Here are mine:


Type   Date and Time   BTC Amount   USD Amount   BTC Price   Fee
Sell   Dec. 18, 2013, 1:12 p.m.   -1.57649182 BTC   $772.48   $490.00    $1.70
Sell   Dec. 18, 2013, 1:11 p.m.   -9.93358175 BTC   $4,867.46   $490.00    $10.71
Sell   Dec. 18, 2013, 1:09 p.m.   -0.39184268 BTC   $192.00   $490.00    $0.43
Sell   Dec. 18, 2013, 1:09 p.m.   -0.03350000 BTC   $16.42   $490.00    $0.04
Sell   Dec. 18, 2013, 1:09 p.m.   -0.10155102 BTC   $49.76   $490.00    $0.11
Sell   Dec. 18, 2013, 1:09 p.m.   -5.00000000 BTC   $2,450.00   $490.00    $5.39
Sell   Dec. 18, 2013, 1:09 p.m.   -0.03060000 BTC   $14.99   $490.00    $0.04
Sell   Dec. 18, 2013, 1:09 p.m.   -0.19260000 BTC   $94.37   $490.00    $0.21
Sell   Dec. 18, 2013, 1:09 p.m.   -0.08200000 BTC   $40.18   $490.00    $0.09
Sell   Dec. 18, 2013, 1:09 p.m.   -0.04100000 BTC   $20.09   $490.00    $0.05
Sell   Dec. 18, 2013, 1:09 p.m.   -1.90877165 BTC   $935.30   $490.00    $2.25
Sell   Dec. 18, 2013, 1:09 p.m.   -0.05561224 BTC   $27.25   $490.00    $0.07
Sell   Dec. 18, 2013, 1:09 p.m.   -0.03620000 BTC   $17.74   $490.00    $0.05
Sell   Dec. 18, 2013, 1:09 p.m.   -0.56190000 BTC   $275.33   $490.00    $0.67
Sell   Dec. 18, 2013, 1:08 p.m.   -1.49990000 BTC   $734.95   $490.00    $1.77
Sell   Dec. 18, 2013, 1:08 p.m.   -0.05444884 BTC   $26.68   $490.00    $0.07
Buy   Dec. 18, 2013, 7:23 a.m.   2.50000000 BTC   -$1,300.00   $520.00    $3.12
Buy   Dec. 18, 2013, 7:20 a.m.   4.00000000 BTC   -$2,120.00   $530.00    $5.09
Buy   Dec. 18, 2013, 7:14 a.m.   3.00000000 BTC   -$1,620.00   $540.00    $3.89
Buy   Dec. 18, 2013, 6:13 a.m.   2.00000000 BTC   -$1,100.00   $550.00    $2.64
Buy   Dec. 18, 2013, 6:05 a.m.   10.00000000 BTC   -$5,610.00   $561.00    $13.47

Yup, despite it being so 'easy' not lose money right now, this counts as my worst ever Bitcoin trade.

But lets see how the real pro done?

P.S. No show means you are talking out your butthole.


Title: Re: Do i buy now?
Post by: piramida on December 19, 2013, 08:44:51 AM
less panic and you'll do good. here's some manual trades I did lately. https://i.imgur.com/ssWgKuO.png

see, you don't have to do all sell-buy-sell-buy in one day, that's for bots. you just buy low.


Title: Re: Do i buy now?
Post by: knightcoin on December 19, 2013, 08:48:06 AM
bitcoin-otc ?


Title: Re: Do i buy now?
Post by: piramida on December 19, 2013, 08:56:15 AM
coinbase. i'd post bot trades but they are boring (buy 500 sell 540 five hundred times)


Title: Re: Do i buy now?
Post by: Mirsad on December 19, 2013, 09:11:34 AM
The best time to buy was a few hours ago when it dipped under $400 on Bitstamp.

The second best time to buy is now when it's $480 on Bitstamp.

Are you mental?

I bought at $550, and have just sold at $490.

Yes, that is a 12% loss. I took this on the chin cos the charts are telling me this is as good as its gonna get for quite some time.

Don't trade with emotions...
Just place limit orders... it's so easy to not lose money right now...
and you just manage to buy high and sell low? WTF?

Ok smart guy.

what exchange you on?

Let us see your trades for this downturn?

Here are mine:


Type   Date and Time   BTC Amount   USD Amount   BTC Price   Fee
Sell   Dec. 18, 2013, 1:12 p.m.   -1.57649182 BTC   $772.48   $490.00    $1.70
Sell   Dec. 18, 2013, 1:11 p.m.   -9.93358175 BTC   $4,867.46   $490.00    $10.71
Sell   Dec. 18, 2013, 1:09 p.m.   -0.39184268 BTC   $192.00   $490.00    $0.43
Sell   Dec. 18, 2013, 1:09 p.m.   -0.03350000 BTC   $16.42   $490.00    $0.04
Sell   Dec. 18, 2013, 1:09 p.m.   -0.10155102 BTC   $49.76   $490.00    $0.11
Sell   Dec. 18, 2013, 1:09 p.m.   -5.00000000 BTC   $2,450.00   $490.00    $5.39
Sell   Dec. 18, 2013, 1:09 p.m.   -0.03060000 BTC   $14.99   $490.00    $0.04
Sell   Dec. 18, 2013, 1:09 p.m.   -0.19260000 BTC   $94.37   $490.00    $0.21
Sell   Dec. 18, 2013, 1:09 p.m.   -0.08200000 BTC   $40.18   $490.00    $0.09
Sell   Dec. 18, 2013, 1:09 p.m.   -0.04100000 BTC   $20.09   $490.00    $0.05
Sell   Dec. 18, 2013, 1:09 p.m.   -1.90877165 BTC   $935.30   $490.00    $2.25
Sell   Dec. 18, 2013, 1:09 p.m.   -0.05561224 BTC   $27.25   $490.00    $0.07
Sell   Dec. 18, 2013, 1:09 p.m.   -0.03620000 BTC   $17.74   $490.00    $0.05
Sell   Dec. 18, 2013, 1:09 p.m.   -0.56190000 BTC   $275.33   $490.00    $0.67
Sell   Dec. 18, 2013, 1:08 p.m.   -1.49990000 BTC   $734.95   $490.00    $1.77
Sell   Dec. 18, 2013, 1:08 p.m.   -0.05444884 BTC   $26.68   $490.00    $0.07
Buy   Dec. 18, 2013, 7:23 a.m.   2.50000000 BTC   -$1,300.00   $520.00    $3.12
Buy   Dec. 18, 2013, 7:20 a.m.   4.00000000 BTC   -$2,120.00   $530.00    $5.09
Buy   Dec. 18, 2013, 7:14 a.m.   3.00000000 BTC   -$1,620.00   $540.00    $3.89
Buy   Dec. 18, 2013, 6:13 a.m.   2.00000000 BTC   -$1,100.00   $550.00    $2.64
Buy   Dec. 18, 2013, 6:05 a.m.   10.00000000 BTC   -$5,610.00   $561.00    $13.47

Yup, despite it being so 'easy' not lose money right now, this counts as my worst ever Bitcoin trade.

But lets see how the real pro done?

P.S. No show means you are talking out your butthole.

19.12.2013   out      
   BTC sold: [tid:1387441870054322] 9.00000000 BTC at 448.00000 €      
19.12.2013   in      
   BTC bought: [tid:1387417908035556] 10.00000000 BTC at 390.00000 €      
18.12.2013   in      
   BTC bought: [tid:1387395153217830] 0.50000000 BTC at 410.00000 €      
18.12.2013   out      
   BTC sold: [tid:1387390132804010] 7.00000000 BTC at 430.00000 €      
18.12.2013   out      
   BTC sold: [tid:1387390132717078] 5.00000000 BTC at 430.00000 €      
18.12.2013   out      
   BTC sold: [tid:1387390057781033] 5.00000000 BTC at 431.00000 €      
18.12.2013   out      
   BTC sold: [tid:1387390057718780] 5.00000000 BTC at 431.00100 €      
18.12.2013   out      
   BTC sold: [tid:1387390057591483] 5.00000000 BTC at 432.40000 €      
18.12.2013   in      
   BTC bought: [tid:1387356320137130] 25.00000000 BTC at 350.00000 €      
18.12.2013   in      
   BTC bought: [tid:1387356170132528] 4.00000000 BTC at 355.00000 €      
18.12.2013   in      
   BTC bought: [tid:1387355216294733] 0.50000000 BTC at 385.00000 €      
18.12.2013   in      
   BTC bought: [tid:1387351393868533] 0.50000000 BTC at 415.00000 €      
18.12.2013   in      
   BTC bought: [tid:1387350961088381] 0.50000000 BTC at 420.00000 €      
18.12.2013   in      
   BTC bought: [tid:1387347034585935] 0.50000000 BTC at 450.00000 €      
18.12.2013   in      
   BTC bought: [tid:1387344789830037] 0.50000000 BTC at 480.00000 €      
16.12.2013   in      
   BTC bought: [tid:1387222956125198] 0.50000000 BTC at 520.00000 €      
16.12.2013   in      
   BTC bought: [tid:1387221831675671] 0.50000000 BTC at 545.00000 €      
16.12.2013   in      
   BTC bought: [tid:1387217858967904] 0.50000000 BTC at 570.00000 €      
16.12.2013   in      
   BTC bought: [tid:1387215524804540] 0.50000000 BTC at 580.00000 €      
16.12.2013   in      
   BTC bought: [tid:1387200630348396] 0.50000000 BTC at 595.00000 €      
12.12.2013   out      
   BTC sold: [tid:1386865323449300] 1.00000000 BTC at 640.00000 €      
12.12.2013   in      
   BTC bought: [tid:1386864804921430] 0.50000000 BTC at 620.00000 €      
11.12.2013   in      
   BTC bought: [tid:1386792157699910] 0.50000000 BTC at 640.00000 €      
09.12.2013   out      
   BTC sold: [tid:1386591132983586] 1.00000000 BTC at 672.00000 €      
07.12.2013   in      
   BTC bought: [tid:1386433986016139] 0.50000000 BTC at 520.00000 €      
07.12.2013   out      
   BTC sold: [tid:1386421435352976] 1.00000000 BTC at 565.10000 €      
07.12.2013   out      
   BTC sold: [tid:1386417351363316] 1.0000000 BTC at 580.00000 €      
07.12.2013   in      
   BTC bought: [tid:1386402918670357] 0.50000000 BTC at 420.00000 €      
07.12.2013   in      
   BTC bought: [tid:1386401211337111] 0.50000000 BTC at 450.00000 €      
07.12.2013   out      
   BTC sold: [tid:1386395453422274] 2.00000000 BTC at 543.00000 €      
07.12.2013   in      
   BTC bought: [tid:1386382140361034] 0.50000000 BTC at 470.00000 €      
07.12.2013   in      
   BTC bought: [tid:1386381925986143] 0.50000000 BTC at 490.00000 €      
07.12.2013   in      
   BTC bought: [tid:1386381707377437] 0.50000000 BTC at 520.00000 €      
07.12.2013   in      
   BTC bought: [tid:1386381413559365] 0.50000000 BTC at 540.00000 €      
07.12.2013   in      
   BTC bought: [tid:1386380448739173] 0.50000000 BTC at 560.00000 €      
06.12.2013   out      
   BTC sold: [tid:1386361861108041] 0.50000000 BTC at 645.00000 €      
06.12.2013   in      
   BTC bought: [tid:1386360984085943] 0.50000000 BTC at 605.00000 €      
06.12.2013   out      
   BTC sold: [tid:1386351387654922] 1.00000000 BTC at 716.00000 €      
06.12.2013   out      
   BTC sold: [tid:1386351387406318] 1.00000000 BTC at 716.75000 €      
05.12.2013   in      
   BTC bought: [tid:1386238021697268] 0.50000000 BTC at 680.00000 €      
05.12.2013   in      
   BTC bought: [tid:1386237756725026] 0.50000000 BTC at 710.00000 €      
05.12.2013   in      
   BTC bought: [tid:1386234018528919] 0.50000000 BTC at 760.00000 €      
05.12.2013   in      
   BTC bought: [tid:1386233350220836] 0.50000000 BTC at 810.00000 €      
05.12.2013   out      
   BTC sold: [tid:1386220839603339] 20.00000000 BTC at 895.00000 €      
03.12.2013   out      
   BTC sold: [tid:1386075634733508] 13.00000000 BTC at 855.00000 €      



My sell of was not perfect.
MT Gox EU.


Title: Re: Do i buy now?
Post by: piramida on December 19, 2013, 09:15:06 AM

My sell of was not perfect.
MT Gox EU.


nice lesson for Mat :)


Title: Re: Do i buy now?
Post by: Miz4r on December 19, 2013, 12:10:16 PM
The best time to buy was a few hours ago when it dipped under $400 on Bitstamp.

The second best time to buy is now when it's $480 on Bitstamp.

Are you mental?

I bought at $550, and have just sold at $490.

Yes, that is a 12% loss. I took this on the chin cos the charts are telling me this is as good as its gonna get for quite some time.

Don't trade with emotions...
Just place limit orders... it's so easy to not lose money right now...
and you just manage to buy high and sell low? WTF?

Ok smart guy.

what exchange you on?

Let us see your trades for this downturn?

Here are mine:


Type   Date and Time   BTC Amount   USD Amount   BTC Price   Fee
Sell   Dec. 18, 2013, 1:12 p.m.   -1.57649182 BTC   $772.48   $490.00    $1.70
Sell   Dec. 18, 2013, 1:11 p.m.   -9.93358175 BTC   $4,867.46   $490.00    $10.71
Sell   Dec. 18, 2013, 1:09 p.m.   -0.39184268 BTC   $192.00   $490.00    $0.43
Sell   Dec. 18, 2013, 1:09 p.m.   -0.03350000 BTC   $16.42   $490.00    $0.04
Sell   Dec. 18, 2013, 1:09 p.m.   -0.10155102 BTC   $49.76   $490.00    $0.11
Sell   Dec. 18, 2013, 1:09 p.m.   -5.00000000 BTC   $2,450.00   $490.00    $5.39
Sell   Dec. 18, 2013, 1:09 p.m.   -0.03060000 BTC   $14.99   $490.00    $0.04
Sell   Dec. 18, 2013, 1:09 p.m.   -0.19260000 BTC   $94.37   $490.00    $0.21
Sell   Dec. 18, 2013, 1:09 p.m.   -0.08200000 BTC   $40.18   $490.00    $0.09
Sell   Dec. 18, 2013, 1:09 p.m.   -0.04100000 BTC   $20.09   $490.00    $0.05
Sell   Dec. 18, 2013, 1:09 p.m.   -1.90877165 BTC   $935.30   $490.00    $2.25
Sell   Dec. 18, 2013, 1:09 p.m.   -0.05561224 BTC   $27.25   $490.00    $0.07
Sell   Dec. 18, 2013, 1:09 p.m.   -0.03620000 BTC   $17.74   $490.00    $0.05
Sell   Dec. 18, 2013, 1:09 p.m.   -0.56190000 BTC   $275.33   $490.00    $0.67
Sell   Dec. 18, 2013, 1:08 p.m.   -1.49990000 BTC   $734.95   $490.00    $1.77
Sell   Dec. 18, 2013, 1:08 p.m.   -0.05444884 BTC   $26.68   $490.00    $0.07
Buy   Dec. 18, 2013, 7:23 a.m.   2.50000000 BTC   -$1,300.00   $520.00    $3.12
Buy   Dec. 18, 2013, 7:20 a.m.   4.00000000 BTC   -$2,120.00   $530.00    $5.09
Buy   Dec. 18, 2013, 7:14 a.m.   3.00000000 BTC   -$1,620.00   $540.00    $3.89
Buy   Dec. 18, 2013, 6:13 a.m.   2.00000000 BTC   -$1,100.00   $550.00    $2.64
Buy   Dec. 18, 2013, 6:05 a.m.   10.00000000 BTC   -$5,610.00   $561.00    $13.47

Yup, despite it being so 'easy' not lose money right now, this counts as my worst ever Bitcoin trade.

But lets see how the real pro done?

P.S. No show means you are talking out your butthole.

My trades:

Type   Date and Time   BTC Amount   USD Amount   BTC Price   Fee
Buy   Dec. 19, 2013, 1:50 a.m.   1.32581810 BTC   -$660.39   $498.10    $1.33
Buy   Dec. 19, 2013, 1:50 a.m.   1.98520739 BTC   -$988.83   $498.10    $1.98
Buy   Dec. 19, 2013, 1 a.m.   2.00000000 BTC   -$1,026.20   $513.10    $2.06
Buy   Dec. 19, 2013, 1 a.m.   2.00000000 BTC   -$1,037.00   $518.50    $2.08
Buy   Dec. 18, 2013, 2:17 p.m.   1.30231247 BTC   -$710.15   $545.30    $1.43
Buy   Dec. 18, 2013, 2:16 p.m.   0.69768753 BTC   -$380.45   $545.30    $0.77
Buy   Dec. 17, 2013, 7:50 p.m.   1.95104685 BTC   -$1,369.83   $702.10    $2.74
Buy   Dec. 17, 2013, 2:41 p.m.   1.40522663 BTC   -$964.86   $686.62    $1.93

Also made this little trade outside of exchanges yesterday:
Date       18-12-2013 @ 12:06
Bitcoins  1.00000000
Price      €300,93
Confirmations  232    OK   

No selling done, just hodling and cudling my coins. :D


Title: Re: Do i buy now?
Post by: Wilhelm on December 19, 2013, 02:00:21 PM
66% profit in <2 days ... not bad :D