Surely it is possible that I misspoke somewhere along the line; however, my point is that my recent strategy was buying BTC on the way down.  That has been my preferred buying strategy... even though I got in towards the peak prices. 

However, when I first started investing in BTC, in the end of November, I did NOT know how far up BTC prices were going to go, I was attempting to front load a little bit for the first month b/c I had NO idea if the price would keep going up to $2000 or whatever.... but it took some time to get my various accounts going (which ended up being my coinbase account for purchases)

So once my account was able to buy daily then I budgeted to buy several times during each day an allocated amount of fiat until I felt that I had accumulated somewhat of a stake into BTC.  So I would try to buy at low price points during each day - and I had considered that as a form of daily dollar cost averaging, with front loading of my investment. 

A little more than three weeks into my investment, right before christmas, I had accumulated about 13.5 BTC and my average buy-in price at that point was $764 and I had a little more than $8,000 invested into BTC.  Thereafter I adapted my strategy a little bit.... but largely intended to be buying mostly while prices were on their way down.  This practice has been pretty easy, since prices have been going down a lot between the end of December and present. I would sell on the way up, if I were to get sufficiently into the black...   At this point, it seems that it may take a little while to get sufficiently into the black.. as BTC matters are currently progressing in a seemingly downward trajectory.

So does that make sense to you, or do you want to grill me some more to attempt to figure our whether I am pulling your leg.. or not following a sound practice or you want to criticize some thing that I am doing or to suggest that I am either lying to myself or incompetent or some negative motives or you want to try to suggest some other investment strategy or you are engaging in Monday morning quarter-backing?

In any event, hopefully, I have clarified sufficiently for you to understand my earlier statement(s).

By the way, What's your story?   Do you have some personal investment details that you can share (sort of a quid pro quo)?  Surely people have different investment approaches, depending upon when they got in, their risk profile, their other investments and maybe even depending on their reasons for getting in.  Part of my original motivation remains my current motivation and that is to diversify or hedge my dollar investments.  I feel that I have way too much of my total investments in the dollar.

Wait!!!!  you are switching from $150 to $250...   Probably would weed out more weak hands at $150... but it would probably be very difficult to hold that price point.. absent additional bad news...

I would bet on something Bahamas like... but he's gotta try to go somewhere where he and his cat will NOT stand out... and maybe buy his own frappuccino machine.. so he wont have to go out too much.

Something like $150 would be painful.. will it go down quickly or take 3-12 months to get there.  I think that I could hang with $150 if it took a year to get there, but that price point would surely weed out quite a few weak hands... and yes, if it took 24 months to get there, then probably some pretty negative news would need to be in play.....

Yes, that is when I started.. I bought 1.245 BTC for $1500 on Localbitcoin to start out.. Then thereafter I bought on dips... and mostly on the way down.  It took me a little more than a week to set up an account on coinbase to be able to continue to buy on coinbase after that.    So what's the problem?  except for the fact that you are looking from your own perspective.  You do NOT know anything about my total investment portfolio, my risk aversion, my reasons for getting into BTC.  You want to criticize without knowing particulars.. for what reason?  Are you trying to teach me something?  to say I told you so?  to say that I did something wrong?  What's your point, exactly?

YEAH>... bulls still HODLin....

I read that Mark K.  cannot even be found these days.. and the fear is that he is NOT going to show for any of his court dates...   .. but maybe that it is tomorrow's news..   we got china and australia to deal with, today.

Maximum pain would be below $200, no?

That's when I started at $1200.... and then I have been buying when prices going down... yep. 

You want to make fun out of that system?

I've been buying a little here and there, too.  I buy on the way down and sell on the way up...   

I buy on the way down b/c I do NOT know how far the price is going to go down.... We have NOT even broken $420, yet.... so I am glad that I did NOT sell at what may be the bottom... but maybe we will get $410 over the weekend, before starting to move back up....

Good.. your mood has improved.   

I dunno...   We got a $10 decrease in the last 15 hours .. but then price currently floating, largely between upper $430s and lower $440s...   

Doesnt necessarily mean that the price will continue to go down..

Maybe lucky to get into the mid-$420s before Sunday.. then when Sunday comes, maybe will be the question about whether we would start a slow  BTC price uptick from there? 

May be a good week to take off from BTC, although I am still considering buying some on Saturday?

NOT causing me to sell. 

I will wait it out and keep buying BTC as the prices go down to $200 or even lower...  but I tend to doubt the likelihood of that $200 scenario - even though I agree with you that such a scenario is possible.

Why would anyone put in orders below $400, when the probability of such seems so low and also, seems that they have to get through the supra $400 walls first?   

And, the truth of the matter, seems to be a broken record repeated theme that NONE of us really knows which way it is gonna go.  We seemed to have gotten another $10 squeeze downward this morning, which caused me to buy a little more. I would be very surprised to see anything much below $420 - for more than a flash crash... ... but, yep, anything remains within the realm of possibilities.... including the suggestion that something fishy is up.. especially, if we have a mini dump .. and suspecting something else will follow from that.

We are back to a fairly solidified 444.


Confirmed!

What's that mean, exactly? 

I thought that you were all in Fiat at $456 or $458 or something like that. 

So at this point, you could buy some BTC back at a profit, no? and then if we dip lower, buy some more... unless you are saying that you are just going to sit out this roller coaster (a kind of train) in fiat?   

Personally, I would rather sit it out in BTC, but each of us have our own levels of diversification or hedge.

Yeah.... we are suffering quite the tragedy... OMG... Bitcoin is dead...

ME TOO!!!!!   

OM  F'ng G....... Let's look over there while Jonoiv escapes with the loot (and fails to respond to the question(s))

An, in what year are going to answer the question, along with responding to the posts with similarly repeated questions ?