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I'm not buying. Risk buying at the top now in my opinion.
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When I started to get into BTC in 2011, it went from $30 to $2..
That's like us going from $1,000 to like ~$90 on a % scale wise... So yeah, Much worse.. :p
Respect for still being around.  |
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For people who bought at $500+, holding is the only option.
Try selling and buying more back cheaper? Not a bad idea. This is also what I did (sold at 208  ). Waiting to buy back well below 150. |
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For now only lower highs coming. Imagine what happens once we go close to the support at $100. When everyone starts dumping coins at that wall things will accelerate/escalate quick. Like always last ones to sell will lose most. Battle for buying coins at like $50 will also become interesting. Who will buy most?  |
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When/where will we stabilize?
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Hang in there buddy. I also lost A LOT. FUCK. Sold my last coins at 208.  |
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Leave some cheap coins for me at $100.
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Best of luck, I'm out for now. Will watch close tho.
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Bitcoin might be the only asset in world history where at any given moment you feel like you should either sell everything or go all in simultaneously.
Haha, true story! |
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Maybe next week.  |
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I feel like we are running out of buyers. |
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I'm thinking about selling guys. Please convince me not to sell! |
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WORST START OF YEAR EVER EVERYONE DUMPING  |
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If I sold now I'd lose all my bitcoin!  Better not let that happen. |
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- Bitcoin price Feb 2014: $800
- Bitcoin price Mar 2014: $700
- Bitcoin price Apr 2014: $500
- Bitcoin price on 14 May 2014: $430
May 15th-17th: BITCOIN 2014 CONFERENCE - Bitcoin price on 19 May 2014: $500
- Bitcoin price on 25 May 2014: $600
- Bitcoin price on 31 May 2014: $680
What is about to happen: North American Bitcoin Conference (January 16th-18th)BITCOIN 2015 CONFERENCE in London (January 24th-25th)Now is time to buy and hold! |
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Yes this was quite the crash, I am kinda new to Bitcoin I never thought about buying until now. I mainly just read stories about Bitcoin in the news, I can see it's getting more popular. I don't think there is a better time to get involved then this week, I can see it shooting up within a couple of weeks. I signed up for an exchange and sent $1500 to buy a few coins. It looks like a great investment at these prices. Just be prepared to Hold.... for long term. Oh I will hold for sure! I know great success wont happen overnight, even if the price sinks a little further I'll just buy a few more. I feel lucky to be getting started at these prices. Good opportunity indeed! |
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Sorry - I'm not good with drawing / editing photos.
You don't say. |
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Sure. The price is dropping fast. That just means that elastic band is being pulled back harder and harder... until... Bitcoin is sent to da moon! Just gotta catch that falling knife - so much fun! It has been dropping for over 6 months now. I hope the catapult doesn't break. lol |
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Maybe it is a matter of preference but from my risk/reward perspective selling at ~$200 is not the right decision.
With bitcoin hype at an all time low and $0 being the absolute bottom we literally can't go that much lower.
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Putting everything in perspective OP must have sold near the bottom this time.
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