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Author Topic: Please give me advice, Bitcoin will rise again or go to hell? I'm scared  (Read 3617 times)
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January 05, 2017, 06:09:23 PM
 #41

You guys he's scared out of his mind, and you're telling him to buy more, lol.
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January 05, 2017, 06:12:22 PM
 #42

You guys he's scared out of his mind, and you're telling him to buy more, lol.

What are we supposed to do? We make money when he buys more. I don't give a shit if he loses money as long as I profit. LOL

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January 05, 2017, 06:14:11 PM
 #43

You guys he's scared out of his mind, and you're telling him to buy more, lol.

What are we supposed to do? We make money when he buys more. I don't give a shit if he loses money as long as I profit. LOL

Where do you think the floor is at if not where we're at now ~$950?
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January 05, 2017, 06:30:00 PM
 #44

I'm scared because price Bitcoin down, I do not know what to do with Bitcoin at this time Cry

if you are already scared just because of a simple correction then you are missing the point of investment. you should know as first thing, that any investment is risky and you may lose money. in case of bitcoin this risk is a bit higher.
now about the price. it went up from $780 to $1160 in a very short period, and it needed to be corrected, it did by coming down to $950. looking at a bigger picture it is a $170 rise, take that and call it a win.

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January 05, 2017, 06:33:45 PM
 #45

You guys he's scared out of his mind, and you're telling him to buy more, lol.

What are we supposed to do? We make money when he buys more. I don't give a shit if he loses money as long as I profit. LOL

Where do you think the floor is at if not where we're at now ~$950?

You seem like a nice kid so I'll give you the only honest answer you will ever get on this forum.


My crystal ball is in the dry cleaners until Friday. How the fuck am I supposed to know? LOL 

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January 05, 2017, 06:35:02 PM
 #46

You guys he's scared out of his mind, and you're telling him to buy more, lol.

What are we supposed to do? We make money when he buys more. I don't give a shit if he loses money as long as I profit. LOL

Where do you think the floor is at if not where we're at now ~$950?

You seem like a nice kid so I'll give you the only honest answer you will ever get on this forum.


My crystal ball is in the dry cleaners until Friday. How the fuck am I supposed to know? LOL 

You said we make money when he buys more, implying the price hasn't hit the floor yet.
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January 05, 2017, 06:47:40 PM
 #47

You guys he's scared out of his mind, and you're telling him to buy more, lol.

What are we supposed to do? We make money when he buys more. I don't give a shit if he loses money as long as I profit. LOL

Where do you think the floor is at if not where we're at now ~$950?

You seem like a nice kid so I'll give you the only honest answer you will ever get on this forum.


My crystal ball is in the dry cleaners until Friday. How the fuck am I supposed to know? LOL 

You said we make money when he buys more, implying the price hasn't hit the floor yet.

That wasn't my intent. I don't know what the floor is going to be. I only know a few things. I know what a bubble is. I know Bitcoin is in a bubble. I know bubbles must eventually pop. When it does the price will go down.

How far up, down or length of a sideways movement is anybodies guess. If you find someone that tells you they know all of the above with certainty, they are lying to you or lying to themselves. I've made a sum of money picking a price then beginning a slow sell off based on what makes me personally comfortable. Let's say I have 2000 bitcoins. I decide to sell 100 at $1,000 and another 100 for every $100 increase above $1,000. If Bitcoin skyrockets to $500,000 a coin I still won't feel bad because I made a fat stack of cash and I'm willing to live with it. If the price goes to $1,300 and pops then I've made a little and will rebuy what I sold when I see a long period of sideways movement at what ever that price is. For me that works, for you maybe not.

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January 05, 2017, 06:56:11 PM
 #48

down where? the pump started at 700 not at 900, bitcoin is still up by 200+, i see only a rising here, above 1000 was expected to be unstable nothing out of the ordinary in this market

what i know is only one thing, bitcoin is at $950 from $0.1 since 2009, that is the only thing that matter
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January 05, 2017, 06:59:53 PM
 #49

We make money when he buys more.

You make nothing, until You sell out with a profit.

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January 05, 2017, 07:09:44 PM
Last edit: January 05, 2017, 07:31:12 PM by lite
 #50

I'm scared because price Bitcoin down, I do not know what to do with Bitcoin at this time Cry
Just keep on holding, don't panic and sell your coins at a loss. bitcoin price will increase again, i'm gonna sell 4 btc once the price is $1200.  Roll Eyes
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January 05, 2017, 07:11:28 PM
 #51

We make money when he buys more.

You make nothing, until You sell out with a profit.

I also make nothing if I give you money to see your titties.

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January 05, 2017, 07:14:11 PM
 #52

Dec 10 - BTC price: 850$

Dec 20 - BTC price: 900$

Jan 1 - BTC price: 1000$

Jan 3 - BTC price: 1150$

Jan 4 - BTC price: 980$

It would take Jan 10 to fall below 800$ mark. I suggest selling now at rush if you're afraid of losses.
It is not a good buying time either as the price won't go up significantly. Best option left is trading.
The price rose because Christmas was near which boosted the e-commerce websites. Seeing the price go up to 1150$, big whales having heaps of BTC decided to sell causing the price to fall. To cope up with them, predict their next move or get washed away by the currents.

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January 05, 2017, 07:16:47 PM
 #53

I would suggest all to hold your BTC and don't sell it . It won't go below 900 dollars but it will go up again for sure Smiley So be patient and don't sell it off and regret later . Good luck all. Always remember holding BTC is the best investment Smiley



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January 05, 2017, 07:40:43 PM
 #54

I would suggest all to hold your BTC and don't sell it . It won't go below 900 dollars but it will go up again for sure Smiley So be patient and don't sell it off and regret later . Good luck all. Always remember holding BTC is the best investment Smiley
Yes sudden unexpected fluctuations are most common with bitcoin prices, I guess this sudden fall was just due to a dump from bitcoin whale. But this must be another buying opportunity for Chinese investors who will be sleeping right now and will be getting ready for tomorrow's action.

I read that already China has bought 5 million bitcoins in this rally compared to just 50k bitcoins bought in USD. So they will never let their investment go waste, they will keep on pumping for the sake of their earlier investments.

Personally, I speculate bitcoin prices are heading towards $2000. Let us hope, watch and will enjoy if not get panic.
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January 05, 2017, 07:52:37 PM
 #55

The btc value you get after/during a two week climb of 200+ USD will never end up forming a stable price.
When you have this kind of movement its only a good idea to get in if you plan to make some money by short time trading.
Anyways, its gonna go up again. So you only lost money if you got in to high expecting to get short time profit.
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January 05, 2017, 07:56:47 PM
 #56

another buying opportunity for Chinese investors who will be sleeping right now

In 4 Hours from now they will start to fix profits, LOL.

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January 05, 2017, 07:58:47 PM
 #57

No one can know this !

This morning i seen it go from 960$ to 920$ like nothing in 5 minutes !

If you are in profts, you can sell it, or you can sell half of them and let the others until bitcoin go up.

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January 05, 2017, 08:19:39 PM
 #58

I would suggest all to hold your BTC and don't sell it . It won't go below 900 dollars but it will go up again for sure Smiley So be patient and don't sell it off and regret later . Good luck all. Always remember holding BTC is the best investment Smiley
Yes sudden unexpected fluctuations are most common with bitcoin prices, I guess this sudden fall was just due to a dump from bitcoin whale. But this must be another buying opportunity for Chinese investors who will be sleeping right now and will be getting ready for tomorrow's action.

I read that already China has bought 5 million bitcoins in this rally compared to just 50k bitcoins bought in USD. So they will never let their investment go waste, they will keep on pumping for the sake of their earlier investments.

Personally, I speculate bitcoin prices are heading towards $2000. Let us hope, watch and will enjoy if not get panic.

I definitely  disagree with you. Chinese bought last month bitcoins are neither long term investors nor bitcoin enthusiasts. Their purpose is to sent their funds abroad. What was the quickest and cheapest way? Obviously bitcoin. If tomorrow, next week or whenever government of China decide to change financial strategy most of them immediately will they sell their coins and people will sell in panic.
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January 05, 2017, 08:29:52 PM
 #59

H O D O L

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January 05, 2017, 08:43:12 PM
 #60

I'm scared because price Bitcoin down, I do not know what to do with Bitcoin at this time Cry

Buy a little more. 

I am pleased that it pulled back.  It will let me continue building my position below $1000.

I expect the price to chop around for several weeks.  This is normal behavior for a financial asset.

I expect it to be significantly higher in 2-3 years.
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