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i'm holding my bitcoin until they are worth enough to buy a time machine. then I will go back to the year 1635 and hoard all the tulip bulbs
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today, i bought coins at a $60 discount/coin. thanks panic sellers.
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the last time I listened to MatTheCat's TA, i sold half my btc holdings and the price went up $100 about 30 mins later. After it went up, he essentially said "oops, nevermind."
Thanks Mat, keep up the good work.
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the best advice anyone on here can give you is this:
HODL!
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cold wallet on a usb up my ass
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TA is not everything. High RSI suggest to sell and low RSI suggest to buy. So let's see:  seems like if you did the opposite of those indicators, you'd have done pretty damn good  |
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Well, I live in CST timezone and also am a graduate student...I've pulled probably 8 all-nighters over the past 2 weeks watching bitcoin, attempting to average down and ride waves, etc. Seems like the spikes down always come between 3 and 4 am my time, its to the point where i can very comfortably pull an all-nighter without coffee or energy drinks. Now I'm completely bought in for an average of $475/coin. I'm putting my coins in a cold wallet and will report back in April (seems like a month a lot of speculators enjoy referencing for some reason?) Looking forward to returning to a normal sleep schedule, and quite proud of my work! Gonna be paying off all my student loans with these ones  This is another reason why I'm always "quitting trading". - All the stress and disturbance of my sleep and life in general. I am basically noctural, and everyone I know HATES it. My head is so fried I cannot even do quick daytrading anymore like I used to. I cannot wait till I am in cold storage. Back when I first started in Bitcoin and I made my first 500% profit one week, it wasn't from TA and following charts. It was from doing ninja warrior cowboy daytrading during crashes with the orderbooks, catching every high and every low on every little wave. It was FUN and REWARDING. I'd spend a couple hours, make my 200%, and then when the big movement was over I'd turn the trading stuff off and go away and live. Nowadays I do all this 'charting' and 'technical analysis' and stress out over long term trends that are nearly impossible to predict and there's always some black swan event to throw everything off from predictions. I am following news and staring at charts and screens and alerts nearly 24/7. I dream about charts now and The charts are in my DREAMS. It has ruined my life. When I finally get into cold storage, I am taking a big break. i played the daytrading game during the april 2013 bubble. put in a measly $2k, convinced my parents to put in $2k, and proceeded to daytrade like a madman and turned that $4k into $20k. it was the damnest thing: i woke up the morning of the crash, looked at the price which was trying to eat through $260 and thought to myself, "self, it went exponential compared to yesterday, i should sell and buy the dip." but it was 6 am and i'd just woken up. went downstairs and ate a bowl of cereal. came back upstairs and the price was $140 and gox was completely frozen. so sad...i promised myself i'd just buy and go long from then on, and i made a hell of a lot more holding my coins for half a year and selling at 900 than i ever did day trading now time to do it all again! |
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Well, I live in CST timezone and also am a graduate student...I've pulled probably 8 all-nighters over the past 2 weeks watching bitcoin, attempting to average down and ride waves, etc. Seems like the spikes down always come between 3 and 4 am my time, its to the point where i can very comfortably pull an all-nighter without coffee or energy drinks. Now I'm completely bought in for an average of $475/coin. I'm putting my coins in a cold wallet and will report back in April (seems like a month a lot of speculators enjoy referencing for some reason?) Looking forward to returning to a normal sleep schedule, and quite proud of my work! Gonna be paying off all my student loans with these ones edit: and thank you rpietila for all the advice you dispense in this thread. it seems like these forums are the equivalent of the troll box, and your voice is one of a spare few that speaks reason and legitimately tries to help people based on your views. Your advice on the time to buy being "when people are screaming that the system is broken and will fail" was the deciding factor on me pulling the trigger and putting about 40% of my remaining fiat in @ $405/coin the other night and effectively averaging down some hasty purchases I had made in the 650-700 range. enjoy your mansion, maybe i'll drop by some day and bring you some gifts from New Orleans  |
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400-550 is the time to get in. we may fluctuate in and out of these levels over the next month, but once we pass 800 again, you'll never have the chance to buy <600 in the future, period.
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What exactly are you trying to accomplish? Get an invite?  I could suggest better methods....  drinks on me, just tell me when to come. you'll always have a place to stay in New Orleans, Louisiana, U.S. during Mardi Gras season, i can show ya a god time |
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im holding my btc until the next block reward halving.
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Those folks who's logic was clouded by greed
it's more than tissues they'll need
they left coins in gox, which is now on the rocks
fie fiddle die diddle dumb deed.
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It was hanging like a dark cloud over bitcoin.
pretty much sums it up |
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imo nows the time to get money into gox. cheap coins coming
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anyone who keeps more than 5% of their bitcoins sitting in an exchange rather than secured in their own possession deserves to lose them to exchange hackings.
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