$1100 to $750 is significant

[susila_bai]

what i do is not based on times like this, i bought when price was low at $200 then sold a small portion when price had its first rapid rise and then bought back more bitcoin because i had profit.

then waited for another rapid rise and i did the same thing and bought back again.

after doing this a couple of times i now posses lots of bitcoin that i never though i could have.

and this rise was no different, i only sold a small portion on $1100 and i have been buying back at different levels and mostly at the 750-800 dollar range because of it being the bottom.

This is the good strategy of doing trading with the bitcoin holding, like this you can increase the quantity of bitcoin and this way the price of the purchase is also lowered. And if bitcoin trades in this range for some time then it will be very good for next bull run

[1714188119]

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[Oggy1987]

what i do is not based on times like this, i bought when price was low at $200 then sold a small portion when price had its first rapid rise and then bought back more bitcoin because i had profit.

then waited for another rapid rise and i did the same thing and bought back again.

after doing this a couple of times i now posses lots of bitcoin that i never though i could have.

and this rise was no different, i only sold a small portion on $1100 and i have been buying back at different levels and mostly at the 750-800 dollar range because of it being the bottom.

Good strategy, and very nicely done. It require a big portion of luck and even bigger portion of courage
I still dont feel comfortable doing that, but I gotta try it with small amount, not much to lose I guess. Bitcoin is excellent for that, its volatility is great, even without this China pump and dump has good range on daily basis.

[GreenBits]

what i do is not based on times like this, i bought when price was low at $200 then sold a small portion when price had its first rapid rise and then bought back more bitcoin because i had profit.

then waited for another rapid rise and i did the same thing and bought back again.

after doing this a couple of times i now posses lots of bitcoin that i never though i could have.

and this rise was no different, i only sold a small portion on $1100 and i have been buying back at different levels and mostly at the 750-800 dollar range because of it being the bottom.

Thats a good idea. Just believe in Bitcoin and im sure that Bitcoin price is going up again in the 2nd quarter of this year.Just hold   Bitcoins.

[Oggy1987]

It is literally crashing a lot of factors made it price to fall down. But I will going to keep on waiting and planning to buy when it gets lower at $200 or if it doesn't made it from there at the bottom. Then I don't have choice but to keep on holding it and will hope for some price increase again even though I don't have an idea when it will happen again.

If you are going to wait till it drops to $200 I'm afraid you gonna wait for a long time, maybe it will never reach that price again (I certainly hope so). Some media make this China happening  a big deal, I think its good news for the long term. It made me panic at firs talso, but I didnt sell anything, and I dont intend to.

[NEWGOODOUBLE]

It is literally crashing a lot of factors made it price to fall down. But I will going to keep on waiting and planning to buy when it gets lower at $200 or if it doesn't made it from there at the bottom. Then I don't have choice but to keep on holding it and will hope for some price increase again even though I don't have an idea when it will happen again.

I think sooner or later the price of bitcoin will stop down, I think this happened because a lot of people who panic and sell their bitcoin sequentially due to a decrease in price very quickly. I'm sure this will soon stop. and will go up, so be prepared to dump

[n691309]

what i do is not based on times like this, i bought when price was low at $200 then sold a small portion when price had its first rapid rise and then bought back more bitcoin because i had profit.

then waited for another rapid rise and i did the same thing and bought back again.

after doing this a couple of times i now posses lots of bitcoin that i never though i could have.

and this rise was no different, i only sold a small portion on $1100 and i have been buying back at different levels and mostly at the 750-800 dollar range because of it being the bottom.

If you have applied this strategy on the recent pump then lukcy you, I didn't do the same thing unfrotunately but it is a good lesson that if you have a profit on something don't wait to get more and more profit because like now there is no profit to sell the bitcoins.

[protokol]

We might end up testing $220... Planning on buying a min of 3 BTC at $250 usd.

Not going to happen, if anything we will settle were we where in late Nov, just below $600.  Although i guess you might be being sarcastic, i hope so 

Alas.. I am not being sarcastic :S.. Fear could push people to sell to cover potentially losing everything.

I will profit off of that fear.

I honestly don't think that it will never drop to that level - I imagine even the black market users would be buying like crazy at any price below $400-500, and that would keep the price from dropping as low as the 200s.

But you never know, if it does go that low I will be buying like crazy, (even though most of my coins were bought at roughly 10% of that price). I haven't been buying many recently, I think I bought a single coin at around $500 during that May 2014 bulltrap, just because I had some spare cash and felt the market was on it's way up. I don't have any cash to buy more now, and it seems like a silly idea to increase my dollar average price by risking a lot of money for a small percentage of 1 BTC, when I have a few tucked away for when I need them.

Just wish I'd saved and bought more when they were $20 each. Hindsight's a bitch, but at least I have some tucked away on a trezor for when I need them!

My guess is a consolidation around this area for a week or so, the mid 700s, and then either a pullback into the 800s or a drop to around 680ish, with a longer consolidation before another increase in price. I'd put the odds at around 50%/30% respectively for the two scenarios.

I'd say the odds of going below $600 are low, 20% perhaps. But if it does, then it could go a lot lower and there will be blood in the streets (and my credit card limit will be withdrawn and spent on the cheap coins!)

[Zadicar]

It is literally crashing a lot of factors made it price to fall down. But I will going to keep on waiting and planning to buy when it gets lower at $200 or if it doesn't made it from there at the bottom. Then I don't have choice but to keep on holding it and will hope for some price increase again even though I don't have an idea when it will happen again.

I think sooner or later the price of bitcoin will stop down, I think this happened because a lot of people who panic and sell their bitcoin sequentially due to a decrease in price very quickly. I'm sure this will soon stop. and will go up, so be prepared to dump

That's what I'm thinking a lot of holders did really panic selling and I maybe it has something to do with the Chinese again. Their yuan fell down and a lot of Chinese holders did really sold their bulks of bitcoin when they saw that the price was falling to $900 and it was followed by many bulk bitcoin holders and small time holders.

This is one of the reason while bitcoin does really decrease its price and the most obvious thing that the cause of decrease even more because of panic selling not only on big accumulators but also to some investors of bitcoin.It does really affect when they saw bitcoin price drop immensely then they sell off the coins to cut losses.

[Vaskiy]

In a very short time everything took place without giving time for users as well the people involved with bitcoin to make changes to overcome the situation. This is great defeat for users involved with bitcoin into their businesses as well traders. Right now the panic might have increased.

[rizkyhiw]

In a very short time everything took place without giving time for users as well the people involved with bitcoin to make changes to overcome the situation. This is great defeat for users involved with bitcoin into their businesses as well traders. Right now the panic might have increased.

for those people who have planned to hold bitcoin for really long time they will stay calm
but for a trader like me it's a little bit confusing
the current situation basically have predicted after skyrocketing there will be a correction
but i don't expect as low as $700 or so , it should have 10 to 15 percent dropped max from $1,100.

[Sithara007]

If you are going to wait till it drops to $200 I'm afraid you gonna wait for a long time, maybe it will never reach that price again (I certainly hope so). Some media make this China happening  a big deal, I think its good news for the long term. It made me panic at firs talso, but I didnt sell anything, and I dont intend to.

Theoretically $200 per coin is not impossible, but it is very unlikely. It can only happen, if either the United States or the European Union declare the possession of Bitcoins a criminal offense.

[CyberKuro]

In a price range such as this I was curious how most of you hold/trade your asset. Such as just hold and never sell, position trade based on price and or swap currencies through an exchange for another and or cash out.

Bitcoin price fall down around $350 is a sign to buy more of course, I'm not going to sell but keep saving.
Agree if bitcoin increases are inevitable because it's created that way, the price continue to decline but in mid year, we will have great pump again.
Look at the charts, it has those fluctuate pattern almost same every year.

[Xester]

The price deflation is very significant and I lost a big amount when the value fell down. I lost hundreds of dollars due to the inflation. But am I worried I am not. And what is my strategy to win back my losses, nothing. I just for another price increase in the market until finally I will recover my losses and win back my profit. For now the best strategy is just to wait.

[TastyChillySauce00]

what i do is not based on times like this, i bought when price was low at $200 then sold a small portion when price had its first rapid rise and then bought back more bitcoin because i had profit.

then waited for another rapid rise and i did the same thing and bought back again.

after doing this a couple of times i now posses lots of bitcoin that i never though i could have.

and this rise was no different, i only sold a small portion on $1100 and i have been buying back at different levels and mostly at the 750-800 dollar range because of it being the bottom.

This is the good strategy of doing trading with the bitcoin holding, like this you can increase the quantity of bitcoin and this way the price of the purchase is also lowered. And if bitcoin trades in this range for some time then it will be very good for next bull run

This might be really good way to earn large amount of profit just in short time but actually, it just depends on your luckiness, fortunately, that he can sell the bitcoin at the right price and could make profit out of it from the recent price decreasing while some people may, unfortunately, can't take advantage of the significant price changing. If doing this one was that easy then maybe i might have been earning so many bitcoin right now.

[Wandering Soul~]

In a price range such as this I was curious how most of you hold/trade your asset. Such as just hold and never sell, position trade based on price and or swap currencies through an exchange for another and or cash out.

If I have time, I will not go for hold and never sell it is much profitable to trade since bitcoin is volatile . Those who sell their bitcoins because of the price decrease are the ones you can call panic sellers . Why would you sell it at a low price when you can just wait a few months or so for its price to increase . Though there is no guarantee that it will, Since you have taken the risk to join this kkind of community then you should also do the same like this time cause the chances that it will increase is pretty decent enough to just hold or buy more .

[Mr.grin]

bitcoin prices down so fast. You must have the feeling that is sensitive to the price if you're looking to profit from it. hold bitcoin in a very long time, when the price goes up to high, can make at a loss, as it is today. Well, the people who are late to sell his bitcoin, may feel aggrieved. Well, the price of bitcoin is so exhibited significantly

[burner2014]

It has been a really volatile week for bitcoin, but that doesn't mean that bitcoin will not rise anymore.
We all know as a bitcoin user the reason thereof, it is very simple if you need the money then you are free to get it, if not then you just have to wait few months 'till its price to rise again.

[mk3000]

The long term tendency remains. watch any weekly chart and you'll see how bitcoin price has increased steadily for the last 3 years.  these kind of movements are expected.

[Doamader]

Its a big loss of value into a short period, but once again halving price were 500-600 dollars people believed that bitcoin reached 800 and 900 dollars and even the 1100 dollars worth without any reason behind, soo whales or big miners pushed the price up and were dropping all days a bit of their bitcoins, now they are able to buy almost 50% more bitcoin with the same money they had. This is a big game that the most cant afford and wont know when will start or stop, but as long you are in you can survive.

[IIOII]

In a price range such as this I was curious how most of you hold/trade your asset. Such as just hold and never sell, position trade based on price and or swap currencies through an exchange for another and or cash out.

Just hodling. Anything different makes no sense. Bitcoin is the best available form of money out there. Exchanging it for fiat feels like doing the dumbest trade of the century.

The purchasing power of Bitcoin can only increase, because there is no limitless inflation. All fiat currencies will be inflated to death.