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Title: Bitcoin Price Volatility Post by: OROBTC on April 10, 2014, 05:57:59 AM ...
I am sure this has been discussed ad nauseam before, but I looked around and could not find a thread. Nor have I been able to find a good BTC price graph for, say, the past three years. I own some BTC that I bought around (average price) of $765 or so, so I am down. I have read that when BTC prices were lower in the past that there were also BIG percentage price swings. Are we seeing something similar (%-age price) drops that has happened, maybe often, as in the past? In other words, perhaps at its current price of $412 (10 April, approx. 2:00 AM US ET), is this a good opportunity to "BTFD"? I appreciate the perspective offered here by experts as well as those who have been in the game longer than I have. Title: Re: Bitcoin Price Volatility Post by: Voogru on April 10, 2014, 05:59:39 AM If you think bitcoin is dying: sell.
If you think bitcoin isn't going to die: hold/buy more. If you need to use the money for other things in your life you actually need: sell If you don't need to use the money for other things in your life: hold/buy more. Pretty simple. Title: Re: Bitcoin Price Volatility Post by: beatljuice on April 10, 2014, 06:52:18 AM https://www.tradingview.com/v/7YEmxS3K/
Title: Re: Bitcoin Price Volatility Post by: bryant.coleman on April 10, 2014, 06:56:25 AM Damn... it looks like the price will fall below the $400 mark. I don't know whether I should sell a few of my coins. The Gox scandal has really sucked the life out of BTC.
Title: Re: Bitcoin Price Volatility Post by: TTM on April 10, 2014, 07:02:47 AM Damn... it looks like the price will fall below the $400 mark. I don't know whether I should sell a few of my coins. The Gox scandal has really sucked the life out of BTC. You should sell now to buy cheaper in future, since rumor on China recently has been confirmed, price will not stop at $400 and it will continue dive to sub-300.Title: Re: Bitcoin Price Volatility Post by: LMGTFY on April 10, 2014, 07:29:57 AM ...Nor have I been able to find a good BTC price graph for, say, the past three years. rpietila is compiling historic price data here: https://bitcointalk.org/index.php?topic=322058.0 (https://bitcointalk.org/index.php?topic=322058.0) For actual exchange data the best bet is probably MtGox on Bitcoincharts (with the very obvious caveat that the data stops abruptly!): http://bitcoincharts.com/charts/mtgoxUSD#tgSza1gSMAzm1g20zm2g25zl (http://bitcoincharts.com/charts/mtgoxUSD#tgSza1gSMAzm1g20zm2g25zl) Title: Re: Bitcoin Price Volatility Post by: Elwar on April 10, 2014, 07:32:51 AM If you think bitcoin is dying: sell. That is the best time to buy. |