Bitcoin Forum

Other => Beginners & Help => Topic started by: dannickherpderp on June 17, 2011, 05:55:53 PM



Title: Ugh....
Post by: dannickherpderp on June 17, 2011, 05:55:53 PM
Well I was reading the patterns of bitcoins over time and it seemed to be each boom was followed by a fast sharp bust then stability, then minor dip then another boom.  So after the craziness of $32 I watched it hit its stability around 19, then dip to 18.5 and I bought.

then I see it down to 14 today.  ugh, rookie mistake.  Hoping it'll be back up later but you can never predict the market!  This is why you never put your retirement fund in here, kids!


Title: Re: Ugh....
Post by: cc5alive on June 17, 2011, 06:05:48 PM
Get used to the swings and remember that historical data does not guarantee any future outcomes.


Title: Re: Ugh....
Post by: Joker007 on June 17, 2011, 06:06:56 PM
No worries, it will go back up. But the question is... when. It's all depends on the speculations.



Title: Re: Ugh....
Post by: piotrus on June 17, 2011, 06:41:54 PM
I'm hoping it will go back up ;-) It better... ;D