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Author Topic: Bitcoin loses 20% in an hour  (Read 523 times)
Jet Cash
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November 24, 2017, 05:01:58 PM
 #21

Dammit - I thought this was real news, and I was going to have a fire sale of domain names to add to my Bicoin pot. It looks as if I need to increase prices instead. Smiley

Offgrid campers allow you to enjoy life and preserve your health and wealth.
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My new Bitcoin transfer address is - bc1q9gtz8e40en6glgxwk4eujuau2fk5wxrprs6fys
HabBear
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November 24, 2017, 05:06:51 PM
 #22

...and then another 20% in the next hour.... after 2 hours we move below 5000 .... and still going down...passing 3000

At which point do you plan on bailing out?

Any rational investor has a stop-loss strategy. It can be different dependent on risk appetite, but is must be there if one is a rational investor.

As a matter of gauging risk-appetite, what is your stop-loss strategy

Never bailing out. If Bitcoin lost 50% of its value i'd be buying into the dip!

You should look at the price movement trends for all of 2017. When there is a 20%+ sell off it is quickly followed by a bounce of support, which ineviteably preceeds setting a new high price mark. It's happened about ten times this year.

Your claims that Bitcoin is dying or dead are on the wrong side of history.
maxfour
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November 24, 2017, 05:17:37 PM
 #23

This is happen I think because of increasing the price of ethereum right now.
Stedsm
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November 24, 2017, 06:47:01 PM
 #24

...and then another 20% in the next hour.... after 2 hours we move below 5000 .... and still going down...passing 3000

At which point do you plan on bailing out?

Any rational investor has a stop-loss strategy. It can be different dependent on risk appetite, but is must be there if one is a rational investor.

As a matter of gauging risk-appetite, what is your stop-loss strategy?

Don't call yourself an "investor", they don't panic like you when value drops.
Price dropped, but as you said that we may move below 5k, I would just say "ARE YOU OUT OF YOUR MIND?"
What makes you people believe that a bear run may take place when every day the wallet downloads as well as investors are increasing in number?
About the risk part, if you are too much worried, don't touch trading and just hold for long term. Watching it fall doesn't mean we need to worry hard as the more it falls, it bounces back that much quick.

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IanRidgwell
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November 24, 2017, 11:49:22 PM
 #25

...and then another 20% in the next hour.... after 2 hours we move below 5000 .... and still going down...passing 3000

At which point do you plan on bailing out?

Any rational investor has a stop-loss strategy. It can be different dependent on risk appetite, but is must be there if one is a rational investor.

As a matter of gauging risk-appetite, what is your stop-loss strategy?


Yeah I think this can be possible because of the investment in bitcoin, I means bitcoin is like a business and loss and profit is the part of a business then what is strange to hear that. 20% of loses by bitcoin in an hour’s yes this is possible and this is not a bad thing also because in every work there is lose and profit as we say.

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MMA
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November 24, 2017, 11:58:41 PM
 #26

well spreading news like this will allow OP to accumulate more btc as he can shake the ass of those weak holders, Im not sure if those
who knew how the trade works will be affected but for sure most of us wont worried and will be happy more than this OP as we wanted
to have more inside our pockets before btc jumped high.
You are right, bitcoin is the most popular digital currency in the world and people invest in bitcoin to earn bitcoin and that profit made by bitcoin that’s why sometime bitcoin loses some percent and this is the simple life thing and happened in everyday activities so don’t be scared and in bitcoin this loses will be recovered after sometime.
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