prophetx
Legendary
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Activity: 1666
Merit: 1010
he who has the gold makes the rules
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May 05, 2013, 10:10:26 PM |
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The traders will never disappear esp now that some pro's are getting their feet wet...
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mountaineer
Newbie
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Activity: 13
Merit: 0
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May 05, 2013, 10:13:37 PM |
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In hindsight you made the right call with the info you had available at that time. The sharp rise was a bubble that would have popped sooner then later.
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yugo23
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May 05, 2013, 10:15:49 PM |
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Patience is golden.
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deathcode
Copper Member
Sr. Member
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Activity: 1428
Merit: 253
Eloncoin.org - Mars, here we come!
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May 08, 2013, 08:16:04 PM |
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Patience is golden.
+1 Panic is the worst enemy a trader can have!
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▄▄████████▄▄ ▄▄████████████████▄▄ ▄██████████████████████▄ ▄█████████████████████████▄ ▄███████████████████████████▄
| ███████████████████▄████▄ █████████████████▄███████ ████████████████▄███████▀ ██████████▄▄███▄██████▀ ████████▄████▄█████▀▀ ██████▄██████████▀ ███▄▄████████████▄ ██▄███████████████ ░▄██████████████▀ ▄█████████████▀ █████████████ ███████████▀ ███████▀▀ | | | Mars, here we come! | ▄▄███████▄▄ ▄███████████████▄ ▄███████████████████▄ ▄█████████████████████▄ ▄███████████████████████▄ █████████████████████████ █████████████████████████ █████████████████████████ ▀███████████████████████▀ ▀█████████████████████▀ ▀███████████████████▀ ▀███████████████▀ ▀▀███████▀▀ | ElonCoin.org | │ | | .
| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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zocipro
Member
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Activity: 131
Merit: 10
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May 08, 2013, 08:19:29 PM |
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The best time for a person to sell is when they make up their mind to sell. That's what makes a market. It there wasn't any sellers willing to sell, there wouldn't be any buyers that could buy.
Totally agree, as mind is the our motor for many things.
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Rampion
Legendary
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Activity: 1148
Merit: 1018
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May 08, 2013, 10:25:29 PM |
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Patience is golden.
+1 Panic is the worst enemy a trader can have! Greed is not very good neither
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avantopia
Newbie
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Activity: 4
Merit: 0
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May 08, 2013, 11:40:30 PM |
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What are the best websites to trade BTC?
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BitPappa
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May 08, 2013, 11:49:00 PM |
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Wow, fun going back in time and reading the comments as BTC rocketed and fell around April 9.
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BitPappa
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May 08, 2013, 11:49:55 PM |
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What are the best websites to trade BTC?
Good question, but maybe there's a better thread?
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DeathAndTaxes
Donator
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Activity: 1218
Merit: 1079
Gerald Davis
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May 08, 2013, 11:54:41 PM |
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I don't see BTC crashing long with the world economies direction. I see it as an economic indicator and another Cyprus style event I expect it should rise. However I bought my 6 BTC to spend, not save. But now I am holding them, won't sell.
People have been buying Bitcoins less as an insurance against confiscation and more as a quick and easy way to make fiat profit. And as I see it, the system will not reach equilibrium again until every last person who is in it for the quick profit has given up. That will never happen, ever on any asset/currency. Someone is ALWAYS looking for a quick buck. People "flip" stocks, cars, houses, foreign currency, precious metals, etc all looking for a "quick buck". There never has been, nor ever will be a market where someone isn't looking for a quick buck. So if that is the gold standard log out, give away all your fiat, BTC, and anything which can be traded and revert to barter.
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gotosea
Newbie
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Activity: 13
Merit: 0
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May 09, 2013, 12:13:17 AM |
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I bet it hits $1000 before we see $100 again
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niniyo
Member
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Activity: 118
Merit: 10
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May 09, 2013, 01:29:04 AM |
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I'm hoping it dips down to $80 or lower again so I can buy more.
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baconcooledcomputer
Newbie
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Activity: 9
Merit: 0
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May 09, 2013, 02:23:52 AM |
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All the cryptos have been on a wild ride recently. People are so afraid of tiny dips and get so happy with tiny inclines.
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BigZee
Newbie
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Activity: 19
Merit: 0
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May 09, 2013, 02:54:08 AM |
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Man. People are so happy when it jumps up just a bit. I'm excited to see professional traders coming to bitcoins.
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linolis
Member
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Activity: 62
Merit: 10
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May 09, 2013, 03:00:13 AM |
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A lot of panic buying/selling. Trust your gut and stick with it.
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Surprise
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May 09, 2013, 03:09:16 AM |
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Whatever happened to investing in something because you think the economic strengths of the asset were good and therefore the price would go up eventually as people caught on?
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workpart
Newbie
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Activity: 5
Merit: 0
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May 09, 2013, 08:29:10 AM |
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nice)
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niniyo
Member
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Activity: 118
Merit: 10
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May 09, 2013, 09:09:53 AM |
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I bet it hits $1000 before we see $100 again
That's a huge call. You should start a betsofbitcoin bet for that. You'd get good odds
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lizardflix
Newbie
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Activity: 19
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May 09, 2013, 09:56:35 AM |
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Just read through a bit of this thread. Thanks for the entertainment.
Nobody knows anything.
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Rampion
Legendary
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Activity: 1148
Merit: 1018
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May 09, 2013, 10:00:15 AM |
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Just read through a bit of this thread. Thanks for the entertainment.
Nobody knows anything.
Yeah. We know that the price can go up, or down. But we know something even more important: in the long run, you win this game by holding the bitcoins. 2011 panic sellers made a mistake, unless they were clever enough to buy back more BTC. 2013 panic sellers are making a mistake, unless they end up with more BTC.
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