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Author Topic: I sold at the right moment :)  (Read 3323 times)
Monnt (OP)
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February 28, 2016, 02:45:45 AM
 #1

Did anyone else make a quick hundred bucks? I sold when bitcoin touched $440, and I rebought a few minutes later when the price hit $420. Free monies!
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Blind Legs Parker
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February 28, 2016, 02:51:46 AM
Last edit: February 28, 2016, 03:15:25 AM by Blind Legs Parker
 #2

What are you talking about? The price was between $432-436 yesterday and had been there for days before dropping to $422 at the (current) lowest.
Nothing you could do in minutes. And the gap is smaller.
 Huh

Vous pouvez maintenant refermer ce topic et reprendre une activité normale. À ciao bonsoir.
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February 28, 2016, 02:58:37 AM
 #3

What are you talking about? The price was between $332-336 yesterday and had been there for days before dropping to $422 at the (current) lowest.
Nothing you could do in minutes. And the gap is smaller.
 Huh
$332-336?  I think you're thinking of the wrong currency unless I'm on the wrong planet.  OP, you got lucky if you did what you said.  Things could have gone in a much different direction, as I'm sure you know.

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aardvark15
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February 28, 2016, 03:09:46 AM
 #4

I don't buy and sell that quickly, at least not in large amounts like you're talking about.  I find it hard to time it correctly.  With my luck, I sell at 440 and it keeps going up.
Blind Legs Parker
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February 28, 2016, 03:16:59 AM
 #5

What are you talking about? The price was between $332-336 yesterday and had been there for days before dropping to $422 at the (current) lowest.
Nothing you could do in minutes. And the gap is smaller.
 Huh
$332-336?  I think you're thinking of the wrong currency unless I'm on the wrong planet.  OP, you got lucky if you did what you said.  Things could have gone in a much different direction, as I'm sure you know.
Yeah, of course I meant $432-436. I've already edited.

Vous pouvez maintenant refermer ce topic et reprendre une activité normale. À ciao bonsoir.
Monnt (OP)
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February 28, 2016, 03:19:58 AM
 #6

I don't buy and sell that quickly, at least not in large amounts like you're talking about.  I find it hard to time it correctly.  With my luck, I sell at 440 and it keeps going up.


I started off with 0.2 from some signature campaign earnings, and invested in a few hyips here and there, and gambled and luckily won.

I then started bitcoin-fiat trading, and over the past two years, I've accumulated about 4 BTC profit.
Monnt (OP)
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February 28, 2016, 03:25:18 AM
 #7

What are you talking about? The price was between $332-336 yesterday and had been there for days before dropping to $422 at the (current) lowest.
Nothing you could do in minutes. And the gap is smaller.
 Huh
$332-336?  I think you're thinking of the wrong currency unless I'm on the wrong planet.  OP, you got lucky if you did what you said.  Things could have gone in a much different direction, as I'm sure you know.

I took a big risk, but it paid off. I set a stop loss order, I made about $20 earlier this morning, so I thought I'd set a stop loss order for a loss of $10. It worked.
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February 28, 2016, 03:50:03 AM
 #8

Good for you if that really happened but somehow can't find on the chart with something of similar situation since you said, few minutes later. All I could see is on Feb,23 same scenario happened but after 8 hrs the price went that low from $440 to $423. Was this your case?

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February 28, 2016, 04:15:46 AM
 #9

Did anyone else make a quick hundred bucks? I sold when bitcoin touched $440, and I rebought a few minutes later when the price hit $420. Free monies!

which exchanger are you using for your trades because i was looking at the charts but i can not find anything higher than $435 which was on Bitfinex

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February 28, 2016, 04:18:56 AM
 #10

Did anyone else make a quick hundred bucks? I sold when bitcoin touched $440, and I rebought a few minutes later when the price hit $420. Free monies!

which exchanger are you using for your trades because i was looking at the charts but i can not find anything higher than $435 which was on Bitfinex

Probably on a Chinese exchange, prices are almost always a bit higher on there.

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pooya87
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February 28, 2016, 04:25:57 AM
 #11

Did anyone else make a quick hundred bucks? I sold when bitcoin touched $440, and I rebought a few minutes later when the price hit $420. Free monies!

which exchanger are you using for your trades because i was looking at the charts but i can not find anything higher than $435 which was on Bitfinex

Probably on a Chinese exchange, prices are almost always a bit higher on there.

you mean he did something like arbitrage trading? cause that's the only thing possible if a Chinese exchanger (except Okcoin because they had lower price) had a higher price their low price would still be high i mean they won't have $420 as low.

P.S. OP is offline now, i am interested to know where he is trading. so i will come back and check later.

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February 28, 2016, 04:37:17 AM
 #12

Well congrats, last week Ive seen in some exchanges that BTC reach 449 dollar and some are waitin to reach $450. Good for you if you've sold at that price $440. Now, you are repeating the cycle Wink good luck!

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February 28, 2016, 05:10:45 AM
 #13

Did anyone else make a quick hundred bucks? I sold when bitcoin touched $440, and I rebought a few minutes later when the price hit $420. Free monies!

good job.
i did some day-trading in bitcoin a while back too. it is good if you know what you are doing so you can earn a good profit. but it took a lot out of me, a lot of time consumed and a lot of stress so i have paused the project for time being.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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February 28, 2016, 06:05:08 AM
 #14

I don't buy and sell that quickly, at least not in large amounts like you're talking about.  I find it hard to time it correctly.  With my luck, I sell at 440 and it keeps going up.


I started off with 0.2 from some signature campaign earnings, and invested in a few hyips here and there, and gambled and luckily won.

I then started bitcoin-fiat trading, and over the past two years, I've accumulated about 4 BTC profit.

That's impressive mate. earning bitcoins from 0.2 into 4 bitcoins. Actually i don't see the price when it hit $440 because i'm just wake up now.
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February 28, 2016, 02:29:26 PM
 #15

Did anyone else make a quick hundred bucks? I sold when bitcoin touched $440, and I rebought a few minutes later when the price hit $420. Free monies!
yes that was easy and the only way to earn much bitcon from profit of trading bitcoin,but the matter is,how we will know that the price gonna raise again after going down,not every fluctuate we can earn money.

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February 28, 2016, 02:44:53 PM
 #16

well it seems like you only did a lucky move, not something that will repeat itself so easily

but i can see right now that the pattern is easy to predict, ping pong on the 400-450 range
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February 28, 2016, 02:46:54 PM
 #17

Did anyone else make a quick hundred bucks? I sold when bitcoin touched $440, and I rebought a few minutes later when the price hit $420. Free monies!
lol i only managed to make like 15 bucks. im sure if i had 5+ btc in my wallet. i would make way more.
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February 28, 2016, 02:49:52 PM
 #18

not a bad profit, congratulations. not every one can make profits like this in such a short time. i prefer to keep holding my coins without much trading. i will sell some if we reach $500 or i will simply spend the coins on something nice.
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February 28, 2016, 02:50:51 PM
 #19

Well, yes. I also think BTC currently is at highest price level. So you just make right sale at right time.  Grin
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February 28, 2016, 02:59:52 PM
 #20

Well, yes. I also think BTC currently is at highest price level. So you just make right sale at right time.  Grin

That's the whole idea of trading.

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