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TERA
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December 28, 2013, 08:40:09 PM |
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So when you guys sell or advise selling, what does that mean? 50% btc? 25% btc? 10%? Or full retard?
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"There should not be any signed int. If you've found a signed int
somewhere, please tell me (within the next 25 years please) and I'll
change it to unsigned int." -- Satoshi
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gandhibt
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December 28, 2013, 08:41:37 PM |
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unlimited money - just sell high and buy low - why isn't everyone a trader?
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granathus
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December 28, 2013, 08:43:39 PM |
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unlimited money - just sell high and buy low - why isn't everyone a trader?
But what to do if yesterday's high is today's low?  |
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gandhibt
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December 28, 2013, 08:45:37 PM |
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unlimited money - just sell high and buy low - why isn't everyone a trader?
But what to do if yesterday's high is today's low? you mean that it isn't that simple? damn... i thought i had it all figured out |
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T.Stuart
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December 28, 2013, 08:48:40 PM |
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Given the position I'm trying to get into for compliance, short term tarding would just be foolish. Add to that that I think by the time I'm ready to liquidate a significant portion they'll be worth more than they are today, I'm hodling, hodling from bitcoin tarding.
Does that make you a hodling tard then ? I am holder as the price is rising and let the others be holders in turn when the price turns. I will be buyer only when I know I am making money. The loosers will hold BTC when the price drops and they are not in position of adding some more coins as they are all-in already. And please may I be happy ever after. Amen. |
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bqxpd
Member
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Activity: 82
Merit: 10
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December 28, 2013, 08:53:39 PM |
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Maybe then people will stop using this childish 'HODLING' word after they get a good SPANKING
I think you meant to say SPNAKING. |
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bitrider
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December 28, 2013, 08:55:39 PM |
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Rpietila seems a reputable in his views. I think we all should read his writings, learn him, try to figure out his mood and based on this, sell or buy coins. The price will go quite low if we can trust him - usually we can. He made his bearish call correctly last time while all were laughing at his face, spitting on him and considering him as slain of God, the man of sorrows, the friend of pains etc. After all, he made his trades and tons of money. Now those of you who do not follow his paths right now will loose as the price eventually crashes. He is making money so why shouldn't I do it with him? I hope you guys here are also in the same boat with me. It is not that difficult to turn from bull to bear. I did it after I found Rpietila did it also.  Wrong thinking. That is very dangerous way to operate. Never make another person - here or anywhere - the arbiter of what you do with your money. Do your homework and take full responsibility. RP has been a helpful analyst for me, but he has certainly not always been right. RP has made lots of money trading btc, and RP has lost lots of money trading too. He can afford to, you can not. He has large core holdings that he will never touch. Do not follow him blindly. Even if what he is saying on these forums is what he is actually doing, his situation is very different than yours. And I actually agree with RP that 99% of people should not be trading btc - just accumulating at good prices. I've been trading btc for 2.5 years, and trading stocks for more than 10 years before that. With btc I'm very conservative. I almost never sell any coins, except small percentages (max 10%) at obvious tops/major pullbacks. I've been successful in BTC (like almost everybody here - including RP) mostly by accumulating at relatively stable/low prices and then being well positioned for the next explosive pops. If you don't know what you are doing (and if you are wondering if this applies to you - then it certainly does!) you will do yourself a great service to just accumulate coins, and leave the trading to those with the resources and/or experience. Of course you will not believe me until you have paid dearly for your own lessons. So be it... |
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gandhibt
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December 28, 2013, 08:57:05 PM |
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 bid/ask is going down this bounce has now volume drop had major volume important support was broken ($700) i would say that it's not looking good for hodlers disclaimer: i sold a lot |
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alexeft
Legendary
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Activity: 854
Merit: 1000
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December 28, 2013, 08:59:58 PM |
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unlimited money - just sell high and buy low - why isn't everyone a trader?
Eh, good question LOL!!!  Thumbs up! |
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alexeft
Legendary
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Activity: 854
Merit: 1000
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December 28, 2013, 09:00:54 PM |
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i would say that it's not looking good for hodlers
It always looks good for hodlers!!  |
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ChartBuddy
Legendary
 Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 28, 2013, 09:01:58 PM |
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ag@th0s
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December 28, 2013, 09:02:49 PM |
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Nah ... looks more like the end of a bull trap to me, and a pretty predictable one at that
New lows in the next 2 weeks IMO and months before we see $1000 again
Maybe then people will stop using this childish 'HODLING' word after they get a good SPANKING
Nah - even if I get a good SPNAKING I'll still HODL  |
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windjc
Legendary
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Activity: 2156
Merit: 1070
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December 28, 2013, 09:05:05 PM |
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bid/ask is going down this bounce has now volume drop had major volume important support was broken ($700) i would say that it's not looking good for hodlers disclaimer: i sold a lot Good grief. Drops almost ALWAYS have more volume. Duh. I tell you what, a few months ago this board was much more the place for healthy discussion. Now its just a place for people to posts agendas based on their current positions. Everyone posters that they know what will happen next. No one does. We are at about $750 because that is the general overall consensus of value. Pretty freaking simple. |
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Jomppe
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December 28, 2013, 09:05:10 PM |
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When decising whether to sell or not - just calculate the probabilities. For example, if you give a probability for crash 20 % - then simply sell 20 % of BTC-holdings.
If you give a probability of 50 % for crash, then sell 50 % of your stash and by this way actively manage your BTC-holdings.
When you give a probability for rise 20 %, then buy with 20 % of your disposal cash.
By this way, you will be richer than the average BTC-holder. Risto is trading because he is beating the markets. This is why I rather follow him than anyone of you who just advice "hold hold hold no matter if it crashes tomorrow - just hold like an idiot".
No, if it crashes tomorrow with 100 % - I will sell 100 % of them right now - give me even one reason why I shouldn't do this?
I gave 90 % probability for drop and sold 90 % of my BTC-holdings and I will rebuy them with discounted prices. If I am not able to do that, I am still happy with the dollars that I made with BitCoins. Then I will leave the stage with a handful of cash and only 10 % on the initial BTC-holdings.
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granathus
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December 28, 2013, 09:07:06 PM |
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700 bid wall less than 3k now. Have a feeling we will see 600's on gox tonight.
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gandhibt
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December 28, 2013, 09:07:41 PM |
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bid/ask is going down this bounce has now volume drop had major volume important support was broken ($700) i would say that it's not looking good for hodlers disclaimer: i sold a lot Good grief. Drops almost ALWAYS have more volume. Duh. I tell you what, a few months ago this board was much more the place for healthy discussion. Now its just a place for people to posts agendas based on their current positions. Everyone posters that they know what will happen next. No one does. We are at about $750 because that is the general overall consensus of value. Pretty freaking simple. sure, my post is just a guess and there's a disclaimer if you didn't notice |
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windjc
Legendary
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Activity: 2156
Merit: 1070
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December 28, 2013, 09:09:42 PM |
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700 bid wall less than 3k now. Have a feeling we will see 600's on gox tonight.
Yeah its such a crash. On a Saturday. When has this happened before? Wake me up when we are below 550 on Gox today. |
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granathus
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December 28, 2013, 09:10:59 PM |
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700 bid wall less than 3k now. Have a feeling we will see 600's on gox tonight.
Yeah its such a crash. On a Saturday. When has this happened before? Wake me up when we are below 550 on Gox today. Why U so passive agressive? Hodling too much gas? |
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alexeft
Legendary
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Activity: 854
Merit: 1000
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December 28, 2013, 09:13:25 PM |
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When decising whether to sell or not - just calculate the probabilities. For example, if you give a probability for crash 20 % - then simply sell 20 % of BTC-holdings.
If you give a probability of 50 % for crash, then sell 50 % of your stash and by this way actively manage your BTC-holdings.
When you give a probability for rise 20 %, then buy with 20 % of your disposal cash.
By this way, you will be richer than the average BTC-holder. Risto is trading because he is beating the markets. This is why I rather follow him than anyone of you who just advice "hold hold hold no matter if it crashes tomorrow - just hold like an idiot".
No, if it crashes tomorrow with 100 % - I will sell 100 % of them right now - give me even one reason why I shouldn't do this?
I gave 90 % probability for drop and sold 90 % of my BTC-holdings and I will rebuy them with discounted prices. If I am not able to do that, I am still happy with the dollars that I made with BitCoins. Then I will leave the stage with a handful of cash and only 10 % on the initial BTC-holdings.
In any case, buying high and selling low is not advisable! |
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alexeft
Legendary
Offline
Activity: 854
Merit: 1000
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December 28, 2013, 09:14:37 PM |
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700 bid wall less than 3k now. Have a feeling we will see 600's on gox tonight.
Yeah its such a crash. On a Saturday. When has this happened before? Wake me up when we are below 550 on Gox today. Why U so passive agressive? Hodling too much gas? No, he's right, such a drop in a weekend!! What to do, what to do! |
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