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Question: Oct. 5 Closing Price:
$0 - 5 (3.5%)
<$8,000 - 38 (27%)
$8,000-$8,500 - 16 (11.3%)
$8,500-$9,000 - 10 (7.1%)
$9,000-$9,500 - 13 (9.2%)
$9,500-$10,000 - 12 (8.5%)
$10,000-$10,500 - 10 (7.1%)
$10,500-$11,000 - 5 (3.5%)
$11,000-$11,500 - 2 (1.4%)
$11,500-$12,000 - 4 (2.8%)
>$12,000 - 17 (12.1%)
>$20,000 - 9 (6.4%)
Total Voters: 141

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21404011 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (108 posts by 21 users deleted.)
fourkey2001
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May 08, 2013, 12:15:48 AM
 #5741

Quick! Sell before it drops more!  Grin

Never! XD
I'm keeping them forever and ever! Tongue
Or until they gain a profit, anyway.

It will fall more... go below 90 in the next few hours

let the japanese and indians wakeup!
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1571294562
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Reply with quote  #2

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Frozenlock
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May 08, 2013, 12:20:50 AM
 #5742

Quick! Sell before it drops more!  Grin

Never! XD
I'm keeping them forever and ever! Tongue
Or until they gain a profit, anyway.

Isn't that accumulating losses and cutting profits?
oroboras
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May 08, 2013, 12:27:25 AM
 #5743

not really, I still have the same financial value when they return to the price I bought at. AFTER that, I will sell them.

The 'ever and ever' bit was just humour.
Nightowlace
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May 08, 2013, 12:51:29 AM
 #5744

Quick! Sell before it drops more!  Grin

Never! XD
I'm keeping them forever and ever! Tongue
Or until they gain a profit, anyway.

It will fall more... go below 90 in the next few hours

let the japanese and indians wakeup!

It's almost 10AM in Japan
phoenix1
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May 08, 2013, 12:56:40 AM
 #5745

not really, I still have the same financial value when they return to the price I bought at. AFTER that, I will sell them.

The 'ever and ever' bit was just humour.

Same story over and over ... its not a loss if I own a coin ... I just don't get it ... its totally irrational thinking IMO
Cut your losses quick, run your profits as far as you can
That is how to make money trading
Or are you an investor looking to $ average over time ... in which case, fair enough. But that's not trading ...

Quite happy with buying at $100.1 and selling at $111.5 on bitstamp today ... a good day  Tongue
I have bad days too - I am not scared to take a loss if I get in at the wrong point ... that way you live to fight another day

IMO you are dead in the long run if you can't cut a wrong trade and run a right one
Frozenlock
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May 08, 2013, 01:01:30 AM
 #5746

not really, I still have the same financial value when they return to the price I bought at. AFTER that, I will sell them.
That's exactly cutting your profits and accumulating your losses.  Embarrassed
phoenix1
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May 08, 2013, 01:04:40 AM
 #5747

not really, I still have the same financial value when they return to the price I bought at. AFTER that, I will sell them.
That's exactly cutting your profits and accumulating your losses.  Embarrassed

Yup
So many times on this thread I hear the same story of people running a position $10 offside when they were aiming for a $2 profit ... that's INSANE
oroboras
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May 08, 2013, 01:07:10 AM
 #5748

Well, I aim for 3% increase in BTC volume per day, so since I have just bought the BTC at $112.5, it's not worth cutting my losses at $110, as it will take longer to recover them.
Anyway, the downward trend seems to have lost momentum, and is turning back upwards.

I'm trying to make my initial buy-in of 6.2 bitcoins* into enough to quit work - I'm at 16.7 now, after 2.5 weeks, so eventually I will manage it - if only I can purchase and sell at the right time for once.

I'd rather take my time, and tread carefully. I have slipped back too many times this week (I had 22.5 BTC at one point, then held cash due to a badly timed sell, as it shot up on the 3rd while I was asleep. I tried to recover by buying in late, just as it peaked again - I lost about $500 that day) Sad

The thing is, I have very limited resources, and I really don't think it will drop much below $110 again any time soon, so I'd rather not risk it.


* I bought those (literally) 15 minutes before it plunged from $250....
ChartBuddy
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May 08, 2013, 01:07:23 AM
 #5749

Frozenlock
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May 08, 2013, 01:14:12 AM
 #5750

Well, I aim for 3% increase in BTC volume per day, so since I have just bought the BTC at $112.5, it's not worth cutting my losses at $110, as it will take longer to recover them.
Anyway, the downward trend seems to have lost momentum, and is turning back upwards.

I'm trying to make my initial buy-in of 6.2 bitcoins* into enough to quit work - I'm at 16.7 now, after 2.5 weeks, so eventually I will manage it - if only I can purchase and sell at the right time for once.

I'd rather take my time, and tread carefully. I have slipped back too many times this week (I had 22.5 BTC at one point, then held cash due to a badly timed sell, as it shot up on the 3rd while I was asleep. I tried to recover by buying in late, just as it peaked again - I lost about $500 that day) Sad

The thing is, I have very limited resources, and I really don't think it will drop much below $110 again any time soon, so I'd rather not risk it.


* I bought those (literally) 15 minutes before it plunged from $250....


What I felt reading this:
oroboras
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May 08, 2013, 01:15:55 AM
 #5751

lol, I hope not!
I am making mistakes, yes, and I know it - but every one I do, I learn from.
Not too well, I know, but I am learning.

I too, want a pink Rolls Royce one of these days Tongue

EDIT: I wasn't aiming for sympathy, just stating facts as they were.
Frozenlock
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May 08, 2013, 01:19:04 AM
 #5752

No, it's what I felt.
Really scared and sad.
phoenix1
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May 08, 2013, 01:19:28 AM
 #5753

I have just bought the BTC at $112.5, it's not worth cutting my losses at $110

 I really don't think it will drop much below $110 again any time soon, so I'd rather not risk it.


Hope you don't mind the edit  Wink
That's fair enough ... so long as you have a level in mind at which you would cut IMO ... cutting for much under $2 would also be a pretty bad strategy with this much volatility. It ain't easy, that's for sure ...
Good luck to you  Smiley
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May 08, 2013, 01:22:28 AM
 #5754

Well, I aim for 3% increase in BTC volume per day, so since I have just bought the BTC at $112.5, it's not worth cutting my losses at $110, as it will take longer to recover them.
Anyway, the downward trend seems to have lost momentum, and is turning back upwards.

I'm trying to make my initial buy-in of 6.2 bitcoins* into enough to quit work - I'm at 16.7 now, after 2.5 weeks, so eventually I will manage it - if only I can purchase and sell at the right time for once.

I'd rather take my time, and tread carefully. I have slipped back too many times this week (I had 22.5 BTC at one point, then held cash due to a badly timed sell, as it shot up on the 3rd while I was asleep. I tried to recover by buying in late, just as it peaked again - I lost about $500 that day) Sad

The thing is, I have very limited resources, and I really don't think it will drop much below $110 again any time soon, so I'd rather not risk it.


* I bought those (literally) 15 minutes before it plunged from $250....


What I felt reading this:


So you felt like a little girl? LOL hahahah this is some funny shit  Cheesy Cheesy Cheesy
oroboras
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May 08, 2013, 01:23:20 AM
 #5755

No, it's what I felt.
Really scared and sad.

Ahh, ok.
Don't be scared of me though, be scared of Bulls & Bears, and Dead Cats...
I guess I failed hard when I bought in - but that's history. I have recouped my losses, and I'm striving upwards and onwards!

Any yeah, I have my goals and targets, and am now sticking to them - I refuse to panic! (much)
Frozenlock
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May 08, 2013, 01:26:32 AM
 #5756

1 min lag after a 0.7 BTC transaction...

Lag attack?
Bots are moving?
fitty
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May 08, 2013, 01:27:36 AM
 #5757

lol, I hope not!
I am making mistakes, yes, and I know it - but every one I do, I learn from.
Not too well, I know, but I am learning.

I too, want a pink Rolls Royce one of these days Tongue

Very impressed by your determination and honesty. A lot of BS fills this sub-forum it's cool to hear from a regular guy trying to make some money. Don't worry about not being an expert, no one really has a clue where BTC is going. The more you trade, the more you watch, you do get a feel for it. Opportunities come all the time. Don't force it if you just miss one.

Consider making a thread logging your journey, trades, ups and downs. It's interesting and can be helpful for you and people might have wisdom to share. Smiley
phoenix1
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May 08, 2013, 01:29:51 AM
 #5758

lol, I hope not!
I am making mistakes, yes, and I know it - but every one I do, I learn from.
Not too well, I know, but I am learning.

I too, want a pink Rolls Royce one of these days Tongue

Very impressed by your determination and honesty. A lot of BS fills this sub-forum it's cool to hear from a regular guy trying to make some money. Don't worry about not being an expert, no one really has a clue where BTC is going. The more you trade, the more you watch, you do get a feel for it. Opportunities come all the time. Don't force it if you just miss one.


Wise words indeed
And +1 re the honesty and determination
oroboras
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May 08, 2013, 01:30:20 AM
 #5759

I might do that... you never know, I may get tips too XD
telemaco
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May 08, 2013, 01:50:44 AM
 #5760

If we bounce of 110 where do you think we will fall to? 97 was the low earlier.

Tan tan taaannn!

The singularity is near!

As others pointed out:


It's "DAN DAN DAAAAAANN!"

 Tongue

is that horrible triangle going up or down??
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