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Title: Where will you buy? Post by: Kazu on July 06, 2013, 12:15:42 AM I'll buy at $57. Only $10-ish (at this rate, about 1 day, maybe 2 because its the weekened) more to go.
Title: Re: Where will you buy? Post by: tokeweed on July 06, 2013, 12:17:10 AM I'll buy at $57. Only $10-ish (at this rate, about 1 day, maybe 2 because its the weekened) more to go. dont. just relax and wait for it to start trending up again. it could be a while. Title: Re: Where will you buy? Post by: Kazu on July 06, 2013, 01:15:58 AM I'll buy at $57. Only $10-ish (at this rate, about 1 day, maybe 2 because its the weekened) more to go. dont. just relax and wait for it to start trending up again. it could be a while. Its probably safer to buy and if it continues trending down sell it again. I think there is at least a 75% chance it will bounce, and if it continues falling I can always sell out. Title: Re: Where will you buy? Post by: dominicus on July 06, 2013, 01:44:30 AM Quote I think there is at least a 75% chance it will bounce, and if it continues falling I can always sell out. Like catching a falling knife. Finesse is the trick. I've bought BTC from 90->66 last few weeks. It's better to lose money at bitcoin than on the horse track. With BTC I don't get all sunburn I got at the track. Was making my skin look old and creepy. Now all is better with BTC, just me and my GPU's. Title: Re: Where will you buy? Post by: Kazu on July 06, 2013, 02:00:28 AM Quote I think there is at least a 75% chance it will bounce, and if it continues falling I can always sell out. Like catching a falling knife. Not really there is uber support there. Title: Re: Where will you buy? Post by: dominicus on July 06, 2013, 02:26:09 AM Quote Not really there is uber support there. I thought support was at $82...what does your chart say? Title: Re: Where will you buy? Post by: Kazu on July 06, 2013, 02:53:12 AM Not really there is uber support there. I thought support was at $82...what does your chart say? you got the quotes wrong. Moreover I said that the chart said there was support at $82ish, however note that every single time I said that, I said that it wasn't going to hold. Also note that it did bounce up to $90 after hitting that support. Its clear we're in a slide, but personally I won't panic unless we break the low at $57 or whatever it was. why panic when you can buyBecuause if it breaks $57 It'll probably go down to like $20 or something. IMO the support levels are: $85ish (the low following the bounce off $57) $57 $17 (won't actually hit it, likely stay like $20ish or something) Currently I'm thinking a bounce off of $57 is most likely, probably never actually hitting $57 again, though we'll likely see $60. I've been wrong plenty before though so I could easily be wrong again. |