[FACEPALM] Stupid, stupid, stupid me

[Betelquese]

I swear to Bob, the moment I think that there's no stopping this downward spiral, I sell off a good portion of my holdings at $58, only for the price to immediately jump back up to $68. I'm really bad at this game guys...

[Birdy]

I've bought some when they were about 85€ and just after that price started falling, but I will keep them even if it will drop to 1 cent.

[metraX]

 

[bingbong]

I was just about to sell at the same spot.. put sell order in @$58.5...  for my entire BTC pot..

Luckily, the confirmations from my laptop wallet to Gox took forever.. they just showed up!

whew, lag in my favor for once 

I feel like somebody has USD$1M and a trading program that uses psychological heuristics...something about that accelerating drop made me need to sell.

I feel like they are snapping up ALL the coin...the ASK side is gone.  So they buy a $75 coin(s) or whatever is being offered sub-100, then quickly sell a bit @ $61...

went to test my theory and put a few offers out...but the ASK side is there now...shallow, but there

[dozerz]

they will recover, jsut hold on.

[rnts08]

It is never a good idea to panic-sell, however I seriously doubt it will go back up to $250+ so if you bought it when it was on it's highest, tough luck.

One thing learned from the 'real' economy is that those that keep their cool will always end up on the winning side.

[Kerplunk17]

Agreed it will recover

[zxasqw]

YESSSSSSSSSSSSSSSSSSSSSSSSSSSSSSS

[zxasqw]

Don't ever listen to anyone's advice, everybody is EVIL and they want your money!

Nah j/k

remember to make a profit 

[Qdentica]

Why would one sell Bitcoin for Fiat right after a Mt. Gox Fueled Panic Sell-Off?

I believe Bitcoin HOLDING to even 50$ currently (and climbing), while crashing from 266$ a few days back(yes, to a 50$ low), shows the immense popularity and interest in BTC.
As soon as a few high net-worth people invest a mere 1% of their capital into BTC - watch what will happen to the price!

Hold, and be patient. And do not invest more than 1-2% of your capital, for now. As we all know, Bitcoin is still Beta.

[Marcus H]

The coin will rise again

[Punter10]

The coin always rises.

[Luno]

every time you do a trade the market momentum shifts. That's a law of nature. The point is sticking with your decision. Thats the hard expensive lesson everybody have payed for. Consider it tuition money.

[Raoul Duke]

It's the Winkelvoss's fault.
As soon as they started saying they controlled 1% of the bitcoins, it crashed.
Fuckers!

[odkrywca]

Bitcoinmageddon.

[jetto]

I guess it's just best to think in the long term and not focus on what's happening this very minute. I once had Apple stock, then sold it as it was falling at $400 a share. It later went up to $700 a share.

[Gabi]

This thread is the perfect example of buy high sell low 

[ThomasH]

I am holding on to my coins for now, in it for the long haul.