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Poll
Question: Overall, have you made or lost money?
Made money - 226 (87.6%)
Lost money - 32 (12.4%)
Total Voters: 258

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Author Topic: The REAL suckers detection poll  (Read 3205 times)
wopwop
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April 12, 2013, 08:04:09 AM
 #21

must be all smart money here.  It seems like everyone on the forums here sold at 200+ and bought back in the double digits.  Any tips on how to spot opportunities like this for someone who just sat on the sidelines holding?

23% daily growth was a MASSIVE hint! Wink

We were chugging along nicely at about 5-6% which was sustainable.

Get aboard for the next one Smiley
BUY BUYBUY Manbearpig is calling the bottom
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ManBearPig
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April 12, 2013, 08:08:22 AM
 #22

Haha no, please I can't stand the weight of expectation Tongue

But seriously, $84 today sits on the pre March 23rd upward trendline.

Which was a very pleasant and sustainable trendline indeed!

I tweet crypto nonsense: https://twitter.com/DunningKruger_
NamelessOne
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April 12, 2013, 08:15:14 AM
 #23

Haha no, please I can't stand the weight of expectation Tongue

But seriously, $84 today sits on the pre March 23rd upward trendline.

Which was a very pleasant and sustainable trendline indeed!
It was very pleasant wasn't it! hehe I've been enjoying that trendline for months!  Grin
wopwop
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April 12, 2013, 08:19:44 AM
 #24

Haha no, please I can't stand the weight of expectation Tongue

But seriously, $84 today sits on the pre March 23rd upward trendline.

Which was a very pleasant and sustainable trendline indeed!
It was very pleasant wasn't it! hehe I've been enjoying that trendline for months!  Grin
i've been enjoying trendlines too
SuperHakka
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April 12, 2013, 08:59:32 AM
 #25

Haha no, please I can't stand the weight of expectation Tongue

But seriously, $84 today sits on the pre March 23rd upward trendline.

Which was a very pleasant and sustainable trendline indeed!
Dude, you do realise don't you that when a massive panic/correction/crash happens, the price action normally blows right through the previous trend line to the opposite side before coming back, don't you? If what you say is correct, we are going well under $84.

'First they ignore you. Then they laugh at you. Then they attack you. Then you win.' - Mohandas Gandhi
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V4Vendettas
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April 12, 2013, 09:20:51 AM
 #26

Sold all for £14.5k Total
Mining gear + power costs (have solar array/smug) -£1200

So profit and still mining away.

If I was smart or had a crystal ball and or time machine would have been £20k but I'm still happy.

Still I'm not up until Mt.Gox hand it over.

Dangolbery
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April 12, 2013, 09:38:26 AM
 #27

The real suckers are the ones that are buying now.

Hence why this poll is bias as for every winner there needs to be a loser.

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April 12, 2013, 09:42:02 AM
 #28

No profit Sad
ManBearPig
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April 12, 2013, 10:27:15 AM
 #29

Haha no, please I can't stand the weight of expectation Tongue

But seriously, $84 today sits on the pre March 23rd upward trendline.

Which was a very pleasant and sustainable trendline indeed!
Dude, you do realise don't you that when a massive panic/correction/crash happens, the price action normally blows right through the previous trend line to the opposite side before coming back, don't you? If what you say is correct, we are going well under $84.

Yeeeesss, see my last few posts.

I've erm, traded a bit before ya know Wink

The trendline I speak of has hills and troughs all over it: it's 3 1/2 months long Tongue

I'd point to my daily chart but I haven't done one yet. Picture paints a thousand words etc.

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ElectricMucus
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April 12, 2013, 11:04:05 AM
 #30

The real suckers are the ones that are buying now.

Hence why this poll is bias as for every winner there needs to be a loser.

this

make this poll after some weeks have passed.

First they ignore you, then they laugh at you, then they keep laughing, then they start choking on their laughter, and then they go and catch their breath. Then they start laughing even more.
Teal Deer
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April 12, 2013, 11:08:56 AM
 #31

Made $5500 from $500.

Could have made $10,000 at the peak. Coulda' woulda' shoulda'.
HappyBitCoinUser
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April 12, 2013, 11:57:00 AM
 #32

Shermo
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April 12, 2013, 11:59:32 AM
 #33

I haven't and won't be selling for quite a while, assuming I do sell and don't just use them for buying. Right now I could still sell up and make a little profit, but if it drops much further I'll be losing.

I'm hoping it will eventually recover over the next year or so, which is how I initially decided on investing my money into BTC anyway. Although it would have been nice to sell at $260 and buy back in right now, but I'm not really into short scale buying/selling as its just too much stress/effort for my liking.
BitcoinAshley
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April 12, 2013, 12:24:57 PM
 #34

I have more bitcoins than I did last week.
I have more USD than I did last month.
Win Win.


This ^  Grin
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April 12, 2013, 12:29:20 PM
 #35

I have more bitcoins than I did last week.
I have more USD than I did last month.
Win Win.


This ^  Grin

Yeah but we kinda want it to be those amount X1000. But your right, can't be greedy.

more or less retired.
Coincrazy
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April 12, 2013, 12:37:55 PM
 #36

Overall does not mean anything when you lose 50% of potential profit overnight :c

*disclaimer* I am a miner, though I do speculate (poorly) with the leftovers

anyways, I lost a ton of "potential" profit by selling at 20, 40, 100, 150, etc... all the way up to 200 at which point I was tapped out (I have a small hoard of coins that I am not putting up on the exchange, just in case)

I can't call the tops, or the bottoms, and I've quit trying.

I just sell enough to pay the rent, and if I have extra, I'll just hold on. When the price goes ballistic I might sell a little more and consider buying more mining equipment, but asics are kinda ruining it for me. (I don't like that I can't just go to the store and pick up some hardware, maybe someday)

lately I've tried to just keep half and sell half, but during the run up I couldn't hold back and sold nearly 3/4 of all my coins...

I cashed out and bought silver, and I kind of regret it, because I had no money left in the account to buy back in when it dropped, but I don't worry too much 'cuz I'm still hoarding some, and I still can make a few per week...

but still, moving forward I think I will try to keep at least some kind of minimum amount of both BTC and fiat in my account so I can take advantage of moves that go way beyond my expectations.

beautiful reply

I liked the place where you said I can't call tops or bottoms .... I'm like that but probably NOT as composed as you are

by the way, i'm a complete newbie

could you help me understand what a wallet is (As a file) in little MORE than layman's terms and how to secure it in a purely windows environment (I've tried linux and given up)

I have used PGP to send receive mail and can understand a key pair

But I am NOT a programmer or a BTC miner



TIA
regards



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niko
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April 12, 2013, 01:13:02 PM
 #37

Overall does not mean anything when you lose 50% of potential profit overnight :c
"Potential profit" does not mean anything. You either exchange btc to/from fiat, or you don't.

They're there, in their room.
Your mining rig is on fire, yet you're very calm.
antimattercrusader
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April 12, 2013, 01:27:58 PM
 #38

It's funny, it's all about perspective.

I invested 10k, when bitcoin was at 65 at that 10k was 50k, I was ecstatic. It was an amazing return and a good amount of money.

When that turned to 200k, I was even happier.

But now two days later, when it 75k (at 100), I somehow feels like a lost a ton.

So I'm up, quite a bit, but I feel way down.



I bought in at $5 and $7... but I know exactly how you feel lol

BTC: 13WYhobWLHRMvBwXGq5ckEuUyuDPgMmHuK
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April 12, 2013, 01:35:18 PM
 #39

er.. depends what currency you define money in.

- bought coins for fiat at a much lower price than they are at now. But I sold some so over time my BTC count diminished. Hence I lost BTC to inflationary fiat.
- sold some coins for fiat. Ended up with more fiat than I put in. So made money in USD.

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ehoffman
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April 12, 2013, 01:37:31 PM
 #40

Made 8K~9K$  Smiley  But could have made a lot more...

Bought when it was 13$, and more at 45$.
Played it on alt-coins bubble, made 50% more BTC, then lost a lot, to finally come to the same amount I started with!
I also sold a few at 107$.  I then sold all at 150$, re-bought higher, and re-sold everything at 230$.

So I could have made more, maybe double what I made, but hey, it's still pretty good!  Now I'll put 8K in RRSP (nontaxable funds for retirement plan in Canada) and as cash advance to buy a house, and maybe do a trip with the rest (or from the RRSP tax return), I don't know yet... Smiley

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