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Author Topic: damn it! I've sold lots of my bitcoin around $11  (Read 1425 times)
qikaifu
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June 12, 2011, 11:35:38 AM
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I should not be so scared! And any suggestion, please, should I just buy back? feel like a huge loss for me!

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cactusMD
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June 12, 2011, 11:37:01 AM
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I should not be so scared!


I'll buy one of your bitcoin for the going rate but can't afford to buy any more. Too bad I only have a macbook pro or I'd be mining :/
BrewProof
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June 12, 2011, 11:38:24 AM
 #3

panic selling never did anyone any good, except recouping a small portion of their losses.

Best to eat a taco to ponder your commitment to your investment before panic selling.   and diversify. always diversify.  buy some silver.  and tacos.  


NEVER UNDERESTIMATE THE VALUE OF A GOOD TACO!!

NEVER UNDERESTIMATE THE VALUE OF A GOOD TACO!!

Please donate bitcoins so I can buy more tacos:
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Grant
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June 12, 2011, 11:45:20 AM
 #4

I should not be so scared! And any suggestion, please, should I just buy back? feel like a huge loss for me!

I think the recent correction turned into a irrational broader panic, im not suggesting you should borrow against your mortgage to buy. But you may miss a big opportunity if you don't get back on before tuesday.
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June 12, 2011, 11:51:17 AM
 #5

I should not be so scared! And any suggestion, please, should I just buy back? feel like a huge loss for me!

I think the recent correction turned into a irrational broader panic, im not suggesting you should borrow against your mortgage to buy. But you may miss a big opportunity if you don't get back on before tuesday.

yes we seem to be back on a decent rally atm.  I just spent my taco money on another coin.

NEVER UNDERESTIMATE THE VALUE OF A GOOD TACO!!

Please donate bitcoins so I can buy more tacos:
1A38KaxhR7cyLNjmoTaK8tQS1aBiFAuKop
qikaifu
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June 12, 2011, 12:23:31 PM
 #6

I should not be so scared! And any suggestion, please, should I just buy back? feel like a huge loss for me!

I think the recent correction turned into a irrational broader panic, im not suggesting you should borrow against your mortgage to buy. But you may miss a big opportunity if you don't get back on before tuesday.

Though I still am a little bit worried, I've decided to buy back some. But I won't use all of the money in hand, in case it will fall back again.

If you see any of my suggestions useful, please donate me. http://btc.to/ec
qbits
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January 10, 2013, 10:23:42 PM
 #7

tough. but that's market...
Luno
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January 10, 2013, 10:36:06 PM
 #8

I sold all my coins  so far six times at 5.50 6.80 7.40 8.60 9.60 11 14 and soon 14.30.

If you buy back higher you have lost profit, but have not lost any money besides the 0.5% payed to get in again.

If you buy after a dip and sell during upturns, you have more $$ at the end of the month, and your risk is very small. Do you think anyone are going to PM you when it's time to sell?

conspirosphere.tk
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January 10, 2013, 10:39:58 PM
 #9

I'm panicking since I bought too little of them a week ago!
I'm going to keep some money on an exchange and pray for a dump.

qbits
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January 10, 2013, 10:54:55 PM
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what is a miner supposed to do but to sell bitcoins to pay for the cost?
I sold at 13.30...
Luno
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January 10, 2013, 11:13:22 PM
 #11

what is a miner supposed to do but to sell bitcoins to pay for the cost?
I sold at 13.30...

So at some point we have a correction and the price drops to say 13.85 for a minute, you then buy in again. You will have fewer BTC but have the same value in USD as before. You sell again at the next up to 14.+ and have earned something. You have almost zero exposure to crashes if you get in like that.

got it?

Thursday
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January 11, 2013, 03:09:10 AM
 #12

Why revive?

The OP is a year and a half old.

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DiCE1904
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January 11, 2013, 03:11:09 AM
 #13

I sold all my coins  so far six times at 5.50 6.80 7.40 8.60 9.60 11 14 and soon 14.30.


sounds like me

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qbits
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January 11, 2013, 04:29:33 AM
 #14

hopefuly at $15 as well....
hope2907
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January 11, 2013, 04:56:19 AM
 #15

i sold 20 at 11 and i not buy back
Flyingpenis007
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January 11, 2013, 09:50:10 AM
 #16

Buy low, sell high.

If you bought bitcoins below 11 dollars then you have made profit. Sure, the market value is at 13 dollars, but doesn't change the fact that you already made profit.
nnn
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January 11, 2013, 03:31:49 PM
 #17

In the long run, BTC strikes me as something that will either be worth nothing, or a lot. I'm hanging on to mine to see where it goes Smiley
deepceleron
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January 12, 2013, 10:37:47 AM
 #18

Quote
Re: Newbie restrictions

why are those restrictions in place?

Because we want to make sure you can read before you start necro-ing old threads with useless comments?


tough. but that's market...

"Warning: this topic has not been posted in for at least 120 days.
Unless you're sure you want to reply, please consider starting a new topic."

Waffles
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January 12, 2013, 11:37:11 PM
 #19

Well, at one point in time I bought at 29 and then sold them (well paid for a hosting account) when the exchange rate was 5ish.  Thats pretty good loss there, but overall I have "made" money since then.
y2kcamaross
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January 13, 2013, 02:58:11 AM
 #20

 I've sold@ 15  and 10,  don't plan on selling again unless it reaches $20+ again
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