the biggest problem is that we had 3 major crashes, two only this year, this might push away some people were willing to invest.
I don't feel that what we have seen these days is a major crash. 1240-600 ? well looks like a crash or correction if you want to call it so |
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I have a 12 year old Renault Scenic works as charm, I love the cheap parts if I have to repair anything, however I own this car for sometime I hadn't to repair anything except the check that I have each 15000 KM and maybe the brakes I had to change.
my wife want even a bigger car, but I am not even thinking about changing this one, it is working and it is serving its purpose.
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It is too stable to be cashing more, I think the crash has ended, the big sellers collected their money and everyone is past panicking now, the problem is that this happened over the weekend so no new money coming into exchanges except if people with weak hands decides to buy back. otherwise I don't expect any more huge action maybe the actual price +-50.
the biggest problem is that we had 3 major crashes, two only this year, this might push away some people were willing to invest.
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my prediction is that from this point we will be going only up, why ? I don't know just a feeling, kind of the feeling I had yesterday that we will fall so hard...
There's no such thing as "only up".  shuuuu  , lets imagine there is  |
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my prediction is that from this point we will be going only up, why ? I don't know just a feeling, kind of the feeling I had yesterday that we will fall so hard...
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to be honest after watching the poverty in Europe report, I feel more comfortable holding some bitcoins than having fiat, each time the price crash/correct than bounce back it makes me more confident about the whole concept of Bitcoin.
I think you can't even picture it to yourself what real poverty looks like... I think I do |
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you know what is funny, that there is allot of people on standby waiting to buy in/back , but they doesn't know exactly when, they are not sure to wait for it to drop even more or buy now before it will raise, the problem is if it start dropping they will still wait because no one knows where the bottom is.
but I know when they will buy, when the price start raising so fast they will know that they missed the train and they will start desperately buying back, by this they make the worst decision ever.
I've learned my lesson, sell when you think it is high and buy when it drops, if you are a bad trader like me, just hold, holding is the best strategy if you dont have time to watch this thing all day and/or if you lack trading knowledge, basically when it crashes/corrects just stop and take a day or two off so you wont fuck up.
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I do not know why I have the feeling that from here the price will skyrocket !!!
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no Guys you suppose to dump now,  after I sold |
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guys this is really fishy... I see massive buys on other exchanges!!! do you think this was all played ? create some panic people start selling and some big hands eats the weak hands ?
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after the damage that Mtgox has done to BTC they should just shutdown. 2011 and April an now December....
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you all got Goxed hahahahaha
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fuck no one is stopping this one
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some one desperately trying to save the price by putting 870 buying walls, the bad news is that few thosedns of these walls got eaten in seconds
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in this case I am gonna say it guys, it wont heart if you take some profits before it is late, we came from $100 to $1240 in 2 months....
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my father has been working all his life and could not save anything
I just want to focus and comment on this part specifically, because it instantly reminds me of the book "Richest Man in Babylon" and specifically, the part about investing 10% of all you earn. I personally believe pretty much anyone on the planet can invest a tiny % of their income, even if it's not 10%. Even the poor Indian child who earns $2 per day sewing clothes... if she can survive on $2 a day, she can survive on $1.98 a day, and invest 1% of her income. That % put away builds exponentially, and always ends up significant if you only have the discipline to stick to the plan. Bottom line, I believe anyone on any income can save if they choose to. true, only if that girl had access to invest her $0.02, I am sure most of you guys who leave such comments had a good life where you didn't worry about allot of things, I am thankful that my father has worked that hard to raise us and put us on the right way so today we can be proud of what we became, and he wasn't able to save at the time but he at least he made sure that we will be able to. you know I wont really forget when once I asked him about the opportunities he missed, and what could he do and whatnot, his answer was: I gived you something more valuable than money, I worked all my life so you can have the proper education, money is an asset that you can lose and knowledge is something that lives with you. |
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