Yes, getting rid of nearly 80% of your holdings could NOT be good thinking, and it really probably indicates that you were bearis about bitcoin.

I feel a little bit bad about some of my aggressive attempts at trading BTC, and therefore my actual BTC holdings are nearly 3.5% down from their peak, but I am using some coins to attempt to hedge in both directions - nonetheless, whenever BTC prices shoot up, I experience some regrets about the number of coins in my holdings

And, how exactly will we know that there is a reversal..... after it has already occurred, no?

Yeah right!!!   

Way too early to call the top, merely because we experienced a few hours of correction.

If in 5 days, we do NOT go back above $300, then I will consider the possibility that we could call $330 as the top.


On the other hand, when BTC prices are still lurking in the $300s, then $335 will be in striking distance, and we will still be considered on an uptrend rally.

ditto, but I still got a bit more to go before going back into the black.   

The uptrend, has allowed some ability for me to be fairly strongly prepared for BTC prices going either way   - though the trend as definitely been looking up with the potential ability of significant snowballing for weeks to come - although next week's auction is going to be interesting too, and to see whether the auction ends up being bearish or bullish -  I'm inclined to believe the latter, even though I am preparing for either direction.

I'm having this same issue.

I have a little bit of a cold, and I took some sleeping medicine, and still it is difficult to sleep for more than a couple of hours at a time.

I've been waiting for this for a long time.....

Sorry to make fun of the bears, but it is hard to resist.


One of the more recent posts from Tarmi was that he claimed to have been, "shorting like a mo fo"

haaaaaaahaaaaaaahaaaaaaahaaaaaaahaaaaaaahaaaaaaa

DUMMB!!!!   

Yeah right.       We may be seeing a dump at around $400 or maybe $600...

GO with the flow, and DON'T be raining on the bull parade.

 

Yep.... he seems to have a character..... and therefore, maybe he needs a little praise for his consistency

My one predates your one by 3.5 years.

This is the one, no?

https://bitcointalk.org/index.php?topic=12156.0

Actually, if you switch over to the 1 minute chart, you will see that it took only 60 BTC to accomplish such a drop.

Order books on Gemini remain pretty thin, and possibly there was a market sell mistake - the fat thumbs theory.

https://cryptowat.ch/gemini/btcusd/1day



Edit:  Adam beat me.   

You had more than a year for such loading up.   - reloading is another story, if for some reason you unloaded, that was NOT a good idea.

you must have hundreds of coins.

On average BTC has only been rising about $10 per day - although, I admit that it could get interesting and we may begin to see $40 to $50 days in the very near future.

Your description of government motives sounds way too partisan, when it tends to be that actual practices do NOT change very much depending upon political party... so in essence, you seem to be loading too muc partisanship into your explanation.

Also, as another poster explained, the government does NOT need bitcoin moneys in order to profit.... The government may have other motives to sabatoge bitcoin, but pumping its price seems to be contradictory to its overall motive.  hello?


Concerning your personal financial situation, it sounds like you may be doing the right thing under your current financial circumstances.


It sounds as if you are learning from your past mistakes and also planning on a longer term strategy in order to recoup into a better position.

I understand that any of us can become very emotional and then tend to go balls to the walls, by taking too many risks... and sooner or later those kinds of investment strategies will catch up with us.

Taking some risks can be fine, and probably it is within the essence of bitcoin investment (more so in the other crypto currencies) but to some extent we have to plan for probabilities each way, and maybe even to be a bit on the conservative side.  Betting a little conservatively won't make you as rich on the upside, but it preserves you moreso for a lot more variety of scenarios that would more likely place you into a decent financial position.

So what.... don't be such a simpleton.  There frequently can be a real large price spread based on a variety of factors, and especially when some locations have additional  difficulties moving around fiat.

In other words, there need NOT be foul play or even fraud in order for there to be considerable price discrepancies between exchanges.

And, merely because one exchange is higher, that does NOT mean BTC prices are going higher in the short term.

NOPE!!!!


There are a multitude of reasons for this price rise, so don't try to over-simplify this matter.

For one, bitcoin as been in a bear market for about 22 months and including in a low plateau for more than 10 months

If you believe that the fed govt is pumping this price, NOT only are you butt hurt, you are also delusional.


You can still buy and get in for under $320, which will be considered a bargain.....