Bitcoin Forum

holding, only not buying more because i dont have money

Dump is over bro. We rise slowly. Keep watching.  ;)

You should have asked that question last July.

I don't call it investment when i want make a profit fast, wait and see and keep holding.

lol I certainly wouldn't be selling my bitcoin and taking a loss I would just buy the cheap coins and prepare for the next wave.

I suggest anyone reading this topic sells all his BTC as fast as possible to get the price even lower.
I won't sell mine, though.

How about sell at high price & buy at low price
This will be better choice than just sell / hold

Past price is no indication for future price in a perfect market.
Investment decisions are based upon an analysis of fundamentals as compared to the current market price, and the belief that you know better than the market (if not, the market has already calculated the best possible price including all future benefits).

The question everyone should be asking is "Why aren't you buying more BTC at the current low price?"

If you bought 1 BTC at $700 six months ago and you refuse to take a loss, then you have to wait until it gets to above $700 before you make a profit.
At the current price, you can buy 1 BTC for $200, and to make a profit, it only has to go above $450.  That would be a lot more likely than reaching $700.
If you bought 10 BTC today for $2000, you'd start making a profit at $245.

My question to everyone who is holding, why aren't you buying more today?  (besides being broke)

Looks like everyone is broke, nobody is buying...

I guess they're thinking i'll go down even more like $100.(I don't think i'll go down there)

What are you looking at?

A lot people have already bought and will buy more when they gain confidence to do so.

But the most funny thing is... Many people will start with buying once they see the price is going up.

For them that's the sort of confidence that they need :D

It's wobbling back and forth for awhile now I wonder whats causing that a lot of buy and sell orders?

best post i have read so far.

I have been buying and repositioning my average buy price.

Where's your god now?

You just pumped fiat in a ponzi. Good job. But reducing your average buy in price of a worthless asset won't help you buy food in the future. Good luck living on food stamps.

I am very well diversified with zero debt.  I doubt it.

You never buy on that kind of trend, believe me , despite what bull may think, you will have plenty of time to buy when it will start to rise again. And it won't go high all of sudden. Just watch it going down.

I'm a little bit worried to the price, though, but selling at a loss is a bit dumb. So i'll just hold and wait for what's in store for btc. Buying is not an option for me now but seeing those cheap coins tempts me to.

 ;D

I prefer this chart ...

http://imagizer.imageshack.us/a/img673/530/sUxXeR.jpg

I will definitely keep my BTC. If I would have free money I will buy some ... may be next days. I can wait with selling.

I continue to hold and because i believe in its future i still make small purchases. Why small amount? Because at this point you still can't determine at what level it will drop to before it finally changes direction

Charts tell you nothing. The value of an investment depends on it future value. It's past value is irrelevant.

Every stock market and exchange in the world use historical charts. They use sophisticated analysis software to predict how the market will behave. Are they all wrong?

In short, yes.

I can tell by the words you use that you are an investing newbie. Here is my advice to you: Investors make money because they learn, they do research, and they uncover opportunities. There is no magic formula. There is no secret system. People that believe that they can predict the future by looking at charts are nothing more than financial astrologers. Technical Analysis pretends to be a science, but the truth is that it is based on fantasy and superstition, and it is supported only by confirmation bias.

those sophistaced analysis can't predict accidents that causes crashes. Thats why most traders uses present current events and news to preditc the value

You are right,  if you believe that, you should buy more, a lot more, while the price is low.
But people can't sure the price will go more low or rise up.

Keeping the fiat ready to buy BTC, but not buying yet because the price may still go down and I want cheaper coins than this.

thats chart will shocked investor .
crazy chart ever

A fool with a tool is still a fool...but complete denying of a tool and/or a process... ???

Astrology, dianetics, ghost hunting, homeopathy, and technical analysis are all well-known and somewhat popular tools and/or processes.  I am completely comfortable denying that they are each based on anything more than fantasy or superstition. Of course, I can accept any tidbits of fact that they might contain (if any), but to wade through a sea of nonsense to find those truths is a waste of time.

I wouldn't be looking at 180 days.  IF it is an investment, your timeframe should be years.  If I look at practically any arbitrary short-period, I can show pretty much anything I want.  If I look at Nov 2010 through today, it looks quite good.

Invest in alts, wait till btc rises!  8)

If I really believe in my investment, I would buy a little bit more to cost average.

That is true.  However, there is some kind of self-fulfilling prophecy aspect to that.  If sufficient traders use the same intrinsically worthless techniques, and hence come to the same silly conclusions about buying or selling, then those initially worthless techniques DO become true predictions of the future (at least as long as there are no other demands and offers than those from traders).

It is funny, because "technical analysis" has the same "next fool" property as money in itself: technical analysis is only worth something if others think it is worth something concerning the prediction of prices.  The specific algorithms used in technical analysis can be totally arbitrary, as long as sufficient people use the *same* algorithms.  If there is a prediction algorithm which is as silly as "at full moon prices go up by 10%", and if sufficient people BELIEVE that, they will buy just before full moon, and have the prices rise up to 10%.  Not more, because then their algorithm tells them that the asset is somewhat overpriced as compared to their "prediction".
So, technical analysis algorithms behave as money: if sufficient people think it is worth something, then it IS worth something.  

Too much risk

So i will hold for now

only some people holding not help bitcoin price.

I would be shorting, with leverage.

lol, that's what I was thinking. I never hold more than I have spent. Think what you like Mirsad, I'm currently shopping for boats and shore front lots with my ponzi money.

i want to buy it, but the graphics are very terrible decline..
what if it does not go up?

I would buy more  ;D Cheap Bitcoins are good!
With the BTC I have at the moment I am just holding now.

I'd buy more if I wasn't so broke. I'm trying to allocate a small portion of my weekly pay to buy btc.

Perhaps people who are broke shouldn't be in the BTC business in the first place. Same goes for any type of investments.

Investisment not for couple days , investisment on many years  ::)

I've made around 200$ BTC worth before (full profit) and all of them earnings . I've sold them when the price was around ~300-400$ and I feel that it was the worst decision on my life , I'am planning to earn more BTC but this one I'am planning to keep & hold it till the end ;D I know and I belieave that BTc will go to the moon and I will be rich  ::)
BTC is a long term investements , early adopters got rich now it's our turn  ::)

Even if you weren't broke, you shouldn't invest more than you can afford to lose.
I would maintain that, even at these levels.