deka_ger
Newbie
 Offline
Activity: 4
Merit: 0
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January 11, 2017, 10:50:35 AM |
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I wanted to sell my BTC when the price was near the ATH. Guess what ... I didn't - and it crashed. Now I've had the same feeling, but this time I did it. Better safe than sorry. Will buy in again when the journey down is over.  Oh I'm sorry I know this feeling. we all have panic sold at least once I guess, you'll have your chance of getting back to it Don't get me wrong, it was not some kind of panic sell. I have bought my coins on a much cheaper price. So i just took my profit and took me out of the game for a while, to watch how it evolves. Of course it would be annoying if we will go straigt up to $1000 in the next 24hrs (for example), but otherwise it could go down to $750, in this case is was a very good decision.  |
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toknormal
Legendary
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Activity: 3066
Merit: 1188
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January 11, 2017, 10:58:14 AM |
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I never panic sell bitcoin. Typical Huobi square trading "trapeze" pattern. Shorters blasting down the market and then give up after a while & cover.  |
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JayJuanGee
Legendary
 Online
Activity: 3962
Merit: 11554
Self-Custody is a right. Say no to"Non-custodial"
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January 11, 2017, 11:06:34 AM |
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I wanted to sell my BTC when the price was near the ATH. Guess what ... I didn't - and it crashed. Now I've had the same feeling, but this time I did it. Better safe than sorry. Will buy in again when the journey down is over. Oh I'm sorry I know this feeling. we all have panic sold at least once I guess, you'll have your chance of getting back to it Don't get me wrong, it was not some kind of panic sell. I have bought my coins on a much cheaper price. So i just took my profit and took me out of the game for a while, to watch how it evolves. Of course it would be annoying if we will go straigt up to $1000 in the next 24hrs (for example), but otherwise it could go down to $750, in this case is was a very good decision. NO matter how you try to frame yourself as supposedly being smarter than others (because you bought your coins cheap) the practice of selling on these kinds of dips, is dumbass, even if there is more down from here (which does not seem to be a very likely scenario - even though it is possible that manipulation butt hurt bears have another 50k coins to dump). In other words, the smarter long term tactic is either to buy on dips or at least hodl... Selling on dips...  |
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becoin
Legendary
Offline
Activity: 3431
Merit: 1233
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January 11, 2017, 11:10:56 AM |
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This was not just a sell off. This was a demonstration. This was done to impress. That is why I'm not impressed. I've leveraged long again!
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deka_ger
Newbie
Offline
Activity: 4
Merit: 0
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January 11, 2017, 11:16:36 AM |
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NO matter how you try to frame yourself as supposedly being smarter than others (because you bought your coins cheap) the practice of selling on these kinds of dips, is dumbass, even if there is more down from here (which does not seem to be a very likely scenario - even though it is possible that manipulation butt hurt bears have another 50k coins to dump). In other words, the smarter long term tactic is either to buy on dips or at least hodl... Selling on dips... Of course selling on deep legs is not smart. I have sold on the first red candles at ~$900. So I could even buy in at this time and have more coins afterwards (what I will do eventually). Maybe you thought i sold at $850 because my posting was made at this time?  And I'm aware that I may did some bad decisions regarding BTC already. Also there may be some more in the future. And of course sometimes I've just had luck. But I'm willing to learn and read about the topic.  |
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JayJuanGee
Legendary
Online
Activity: 3962
Merit: 11554
Self-Custody is a right. Say no to"Non-custodial"
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January 11, 2017, 11:19:40 AM |
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NO matter how you try to frame yourself as supposedly being smarter than others (because you bought your coins cheap) the practice of selling on these kinds of dips, is dumbass, even if there is more down from here (which does not seem to be a very likely scenario - even though it is possible that manipulation butt hurt bears have another 50k coins to dump). In other words, the smarter long term tactic is either to buy on dips or at least hodl... Selling on dips... Of course selling on deep legs is not smart. I have sold on the first red candles at ~$900. So I could even buy in at this time and have more coins afterwards (what I will do eventually). Maybe you thought i sold at $850 because my posting was made at this time? And I'm aware that I may did some bad decisions regarding BTC already. Also there may be some more in the future. And of course sometimes I've just had luck. But I'm willing to learn and read about the topic. Hard to take you seriously when you only have a couple of posts and you seem to be trying to spread FUD... |
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abercrombie
Legendary
Offline
Activity: 1159
Merit: 1001
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January 11, 2017, 11:26:03 AM |
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is crypto done??  |
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Tzupy
Legendary
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Activity: 2170
Merit: 1094
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January 11, 2017, 11:28:22 AM |
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is crypto done?? In China it looks like that. On previous corrections it took several gradual corrections to break critical support, now it's like hot knife through butter... |
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boyshx
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January 11, 2017, 11:32:58 AM |
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is crypto done?? In China it looks like that. On previous corrections it took several gradual corrections to break critical support, now it's like hot knife through butter... But didnt you say a dump to 660$ was about to happen these days? If so its expected market behaviour |
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kurious
Legendary
Offline
Activity: 2604
Merit: 1748
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January 11, 2017, 11:35:58 AM |
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ive been logged into bitstamp since 1 hour in uk
no problems with trading
No problem with any other sites - but still can't get into Stamp - have fiat there and want to get in...! |
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boyshx
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January 11, 2017, 11:37:28 AM |
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Let's see what happens once americans wake up
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Tzupy
Legendary
Offline
Activity: 2170
Merit: 1094
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January 11, 2017, 11:43:03 AM |
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is crypto done?? In China it looks like that. On previous corrections it took several gradual corrections to break critical support, now it's like hot knife through butter... But didnt you say a dump to 660$ was about to happen these days? If so its expected market behaviour Not so sudden, this is abnormal. |
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sgk
Legendary
Offline
Activity: 1470
Merit: 1002
!! HODL !!
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January 11, 2017, 11:47:11 AM |
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ive been logged into bitstamp since 1 hour in uk
no problems with trading
No problem with any other sites - but still can't get into Stamp - have fiat there and want to get in...! Bitstamp said if you change your DNS server to Google ( 8.8.8.8 ), it will work as a temporary solution. Have you tried that? |
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Kramerc
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January 11, 2017, 11:49:51 AM |
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It's the particularity of corrective waves. Vicious and fast moves in a counter-trend direction.
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RAJSALLIN
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January 11, 2017, 11:51:41 AM |
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is crypto done?? In China it looks like that. On previous corrections it took several gradual corrections to break critical support, now it's like hot knife through butter... But didnt you say a dump to 660$ was about to happen these days? If so its expected market behaviour Not so sudden, this is abnormal. Nothing is abnormal about this. Corrective wave. Bitcoin isn't dead. Wake up |
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JayJuanGee
Legendary
Online
Activity: 3962
Merit: 11554
Self-Custody is a right. Say no to"Non-custodial"
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January 11, 2017, 11:55:44 AM |
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ive been logged into bitstamp since 1 hour in uk
no problems with trading
No problem with any other sites - but still can't get into Stamp - have fiat there and want to get in...! Mine was not working for many hours, and then when I restarted my browser it worked, but I am not sure if that was just a coincident or actually helped to reset the DNS access. |
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JayJuanGee
Legendary
Online
Activity: 3962
Merit: 11554
Self-Custody is a right. Say no to"Non-custodial"
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January 11, 2017, 12:00:37 PM |
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is crypto done?? In China it looks like that. On previous corrections it took several gradual corrections to break critical support, now it's like hot knife through butter... But didnt you say a dump to 660$ was about to happen these days? If so its expected market behaviour Not so sudden, this is abnormal. Usually, you have decent points, but here, surely you are talking your books, no? How can we treat you seriously when you try to act like this is outside of expectations? We have not even had a second test of the lower $800s which is kind of within expectations (remember we were at $812 a couple of days ago)... I don't think that it is necessary to go lower than $820s this time in order to more or less have a double bottom.. but even a double bottom around lower $800s or upper $700s would still be within possible expected parameters of "normal", no? |
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podyx
Legendary
Offline
Activity: 2338
Merit: 1035
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January 11, 2017, 12:00:48 PM |
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How did it drop so fast? Any news?
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Cassius
Legendary
Offline
Activity: 1764
Merit: 1031
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January 11, 2017, 12:03:14 PM |
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How did it drop so fast? Any news?
Jorge Stolfi has sold his stash of 1 million BTC that he mined from 2009-2011. |
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kurious
Legendary
Offline
Activity: 2604
Merit: 1748
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January 11, 2017, 12:05:29 PM |
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ive been logged into bitstamp since 1 hour in uk
no problems with trading
No problem with any other sites - but still can't get into Stamp - have fiat there and want to get in...! Bitstamp said if you change your DNS server to Google ( 8.8.8.8 ), it will work as a temporary solution. Have you tried that? I will try it, thanks - no-one in my office or on any device / phone can see it. I guess it's taking time to propogate the new DNS around the net. |
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