Yeah. Im in the money!

[evolve]

Too bad no one told him to cash out before it was too late....

...Oh, wait.....

 

[Spaceman_Spiff]

Too bad no one told him to cash out before it was too late....

...Oh, wait.....

 

Meh, it ll go back up, just have some patience.  We were overheating.

[evolve]

Actually, I agree. I don't think we'll see a severe crash (down to singles) until we are past the all time high. 

[Spaceman_Spiff]

I don't think we'll jump right back though.  Some hot heads just got cooled.  Guess it will take people at least a week or so to recover from the cold splash.

[evolve]

Yeah, I think people will be a little shook and wait for the dust to clear to buy back in.

Actually, I jumped in too high in the correction (hoping for a quick profit) today, and got caught with my pants down.... ..... I figure I will just wait it out and take profits once we are back on track (I don't panic sell).

 

[Spaceman_Spiff]

Yeah, I think people will be a little shook and wait for the dust to clear to buy back in.

Actually, I jumped in too high in the correction (hoping for a quick profit) today, and got caught with my pants down.... ..... I figure I will just wait it out and take profits once we are back on track (I don't panic sell).

 

You were hoping to frontrun a dead cat bounce?

[evolve]

Most of my profits since the price raised from single digits have been from jumping in and out during corrections.  Its somewhat risky, but as long as you set clear entry and exit points (and avoid emotional trading) it seems to work fine as a trading strategy...at least for me.

Then again, I'm trading an amount of money that I don't need or care about (I considered it "lost" when I first bought in a couple of years ago) so I have a fairly large tolerance for risk.

[BitcoinRate.com]

And almost back in the money again.... gotta love bitcoin!

[ajk]

Evolve yo uwere right for about a whole 10 seconds,

with this rate we should blast past 26.30, where we settle who knows but in the end Im confident we willbe higher than we are now,

[evolve]

If you read a few posts above you, you'd see I agree (to a point).

I think we will beat the all time high before we see a major crash....which is why I am still daytrading/swingtrading, and will be up until the high 20's.(and then I'm out until after the crash)

[ajk]

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[Spaceman_Spiff]

I don't think we'll jump right back though.  Some hot heads just got cooled.  Guess it will take people at least a week or so to recover from the cold splash.

Wow, guess who was wrong.

[evolve]

Hahaha, yeah you and me both!! I definitely didnt expect it to bounce back this quick...  (not that I'm complaining )

[herzmeister]

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.gif !!!1!