Bitcoin Forum

Economy => Speculation => Topic started by: evolve on October 20, 2011, 06:31:08 PM



Title: Whats your strategy; long, short, or cashed out?
Post by: evolve on October 20, 2011, 06:31:08 PM
Im holding a long position and hedging it with a short....depending on the next few weeks i may go 100% short....

what about you guys?



Title: Re: Whats your strategy; long, short, or cashed out?
Post by: Cluster2k on October 20, 2011, 10:51:30 PM
Actively trading.  Up or down, I don't mind where the market goes.  As long as liquidity doesn't disappear.


Title: Re: Whats your strategy; long, short, or cashed out?
Post by: tvbcof on October 20, 2011, 11:16:05 PM
Accumulating (not on your list.)  Being a 'bag holder' as worked out well for me in other speculative adventures, though the damn things are heavy.


Title: Re: Whats your strategy; long, short, or cashed out?
Post by: speeder on October 21, 2011, 12:41:44 AM
screwed :(


Title: Re: Whats your strategy; long, short, or cashed out?
Post by: old_engineer on October 21, 2011, 01:20:08 AM
Interesting that there are very few voters shorting the market.  Is that because the only site that supports shorting is Bitcoinica?  I tried bitcoinica, but it didn't have the feel of a professional product, and I wouldn't trust it with more than a few dollars.  No automatic session time-out, terrible help system, etc., etc.



Title: Re: Whats your strategy; long, short, or cashed out?
Post by: gimme_bottles on October 21, 2011, 01:31:46 AM
in the past months i held my coins for short durations, but if the price gets any lower (<1$) i'll buy some more coins to hold it for a longer time and hope for a rise, maybe just like before the big crash.


Title: Re: Whats your strategy; long, short, or cashed out?
Post by: evolve on October 21, 2011, 05:50:31 AM
Interesting that there are very few voters shorting the market.  Is that because the only site that supports shorting is Bitcoinica?

Im surprised as well.  I think that a lot of people feel that we are at (or close to) the bottom and dont want to take the gamble.  Frankly, im not that confident that $2.xx is the bottom, so im hedging my bets...


Title: Re: Whats your strategy; long, short, or cashed out?
Post by: Jonathan Ryan Owens on October 21, 2011, 08:45:36 AM
I was wiped out within 0.5 cents of the peak. XD

Awesome fun.

I'm a contrarian bear. I bet against Bitcoin and chant BURN BABY, BURN because it's fun, and allows me to remain objective and more importantly, still involved and up to date on Bitcoin, while keeping my stress levels down.

Life's really interesting, and being stressed out because some digital key pairs have lost value against an even more ridiculous form of "currency" makes my brain hurt.

I really like it here.

Thanks for being you, you.

-Jon


Title: Re: Whats your strategy; long, short, or cashed out?
Post by: 322i0n on October 21, 2011, 08:56:05 AM
being stressed out because some digital key pairs have lost value against an even more ridiculous form of "currency" makes my brain hurt.
my quote of the day. i like!!  :D