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DARKHOLDER
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June 21, 2016, 08:31:29 AM
Last edit: June 21, 2016, 08:36:11 AM by Lauda |
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btc-e $683  Igenerally look on biggest markets..on smallest markets the price is not correct..  |
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PoolMinor
Legendary
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Activity: 1843
Merit: 1338
XXXVII Fnord is toast without bread
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June 21, 2016, 08:31:58 AM |
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So I guess your strategy is to sell the inclines and buy the declines? Otherwise any price below $880 should be a good price opportunity.
No. Actually my strategy is to buy the dips and never sell unless I absolutely need the fiat and don't have any other options. I'm not a trader. I'm an investor who is accumulating a nest egg for my old age. I'm only in my 60s now and still relatively young and healthy (sex&herbs&rock&roll) but in another 20 or 30 years I would rather be treated as a guest on cruise ships and hotels than treated as an inmate in some old peoples' home. I want to be able to hire and fire my own caregivers. Discovering Bitcoin 3.5 years ago when I was in my mid-60s was the best thing that happened to me. Sure, I was already doing OK financially but Bitcoin seemed like my last real chance to set myself up comfortably for possible old age. If I drop dead before then, I guess my nieces and nephews lucked out. So to buy, the price has to be higher before you buy (because you only buy dips) because you don't ever sell unless you have to. How about this whole big dip from ~$1100 from Dec 2013. Seems to me any price below that would be considered a good opportunity given the logic you are using. More importantly along that same logic the price should never matter if you are strictly accumulating. |
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becoin
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Activity: 3431
Merit: 1233
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June 21, 2016, 08:34:56 AM |
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I am back to USD for a while... made my profit. Don't see how the price can stay that way in a long run.
The price will be much higher in a long run. In a short run it might dip lower. Which is good because I need to buy more coins, the lower is price the better. |
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spooderman
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Activity: 1638
Merit: 1022
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June 21, 2016, 08:37:10 AM |
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It's funny how BFX only have problems on the way down.
yeah, remember that 2 year bear market we just had where they were offline the entire time? |
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Hunyadi
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Activity: 1281
Merit: 1000
☑ ♟ ☐ ♚
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June 21, 2016, 09:36:52 AM |
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BFX down again  |
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Karartma1
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Activity: 2310
Merit: 1422
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June 21, 2016, 09:40:41 AM |
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BFX down again so it was not just me, good I emptied my btc addresses on finex lately. I don't want to leave them on the exchanges now. I think now it's the right time to simply wait until the halving |
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pinky
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June 21, 2016, 09:59:29 AM |
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It's funny how BFX only have problems on the way down.
yeah, remember that 2 year bear market we just had where they were offline the entire time? I meant so called crashes to the downside. |
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RGR991
Member
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Activity: 99
Merit: 10
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June 21, 2016, 10:04:20 AM |
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America waking up, seeing Finex down and the price dumped from 740 to 706.. Could get ugly This thing has an air pocket all the way down to the 500's before the top buyers on max leverage would get stopped out , yet would still remain in a bullish trend. |
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savetherainforest
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June 21, 2016, 10:15:30 AM |
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Fenix ... I used to be a fan!  Now I'm an air conditioner!  |
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DonQuijote
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Activity: 1551
Merit: 1002
♠ ♥ ♣ ♦ < ♛♚&#
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June 21, 2016, 10:24:29 AM |
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will we go to 600s again? |
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savetherainforest
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June 21, 2016, 10:29:11 AM |
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will we go to 600s again? No dude ... this is just a mentality diversion that the ice men set up for us! I see them buying without stopping till $1500-1600$. Many people will dump at 1100$ and 1200$ / 1300$ ... but it will keep going up! It will be a slaughter!!! |
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RGR991
Member
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Activity: 99
Merit: 10
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June 21, 2016, 10:50:26 AM |
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Finex is trash, OkCoin and Huobi don't have these issues. Even most of the bucketshops don't have these issues. Only Finex  |
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leowonderful
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Activity: 1624
Merit: 1129
Bitcoin FTW!
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June 21, 2016, 11:00:06 AM |
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Lul, funny to see that Finex has so many problems right now. I'm seeing normal prices on all the other exchanges. I forsee a dump at 900$ when we get there, pushing us to 750 again. Nothing bad happened yet, so I'm assuming we're safe... for now.
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julian071
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June 21, 2016, 11:05:08 AM |
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Sold half my stash yesterday at 654 E, trying to catch this falling knife again  |
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RGR991
Member
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Activity: 99
Merit: 10
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June 21, 2016, 11:07:31 AM |
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Mt.Finex "SCHEDULED MAINTENANCE" page makes it so even if you have coins on the site you can't log in and withdraw them..how nice.. Personally I never keep coins on an exchange if I am not actively in a trade, its a good practice for all to have. What is to stop Finex from running away right now.. |
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DonQuijote
Legendary
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Activity: 1551
Merit: 1002
♠ ♥ ♣ ♦ < ♛♚&#
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June 21, 2016, 11:08:09 AM |
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will we go to 600s again? No dude ... this is just a mentality diversion that the ice men set up for us! I see them buying without stopping till $1500-1600$. Many people will dump at 1100$ and 1200$ / 1300$ ... but it will keep going up! It will be a slaughter!!! haha good route, i like it |
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RGR991
Member
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Activity: 99
Merit: 10
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June 21, 2016, 11:11:13 AM |
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Stamp 7 until the lows, coinbase declining rapidly as well. |
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strawbs
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Activity: 868
Merit: 1340
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June 21, 2016, 11:24:52 AM |
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Mt.Finex "SCHEDULED MAINTENANCE" page makes it so even if you have coins on the site you can't log in and withdraw them..how nice.. Personally I never keep coins on an exchange if I am not actively in a trade, its a good practice for all to have. What is to stop Finex from running away right now.. I think anyone who lived through the great Goxxing of 2014 will never keep coins on an exchange again. |
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Lionidas
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June 21, 2016, 11:26:50 AM |
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will we go to 600s again? Seriously what is this cluster fud? |
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RGR991
Member
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Activity: 99
Merit: 10
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June 21, 2016, 11:35:56 AM |
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We need to crush the bulls in the OkCoin Futures contracts, they are holding way to well. Then and only then can we have the needed bloodletting in these markets to propel the next bull leg.
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