Different approaches. I try to sell some on the way down and rebuy on the way back up (lower than what I sold it for).
What sort of QTY are you dealing with? Less than 1BTC or More than 1BTC?
There's a first rule of bitcoin, which is to talk about bitcoin, but don't talk about your qty of bitcoin.
Didn't you know that?
Sorry i didn't know that... I was just wondering how much BTC or $$$ some people here are dealing with...
From time to time, some guys (and gal) do slip up and they will reveal more specifics about their qty of BTC, yet frequently guys and gal here in this thread, talk in terms of percent or in terms of vague concepts of how far the BTC price might move in one direction or another before they make their next buy/sell move and sometimes guys (and gal) will disclose how much of their BTC holdings they are trading versus keeping in cold storage.
Frequently, you can still say quite a lot about what you are doing, and what is your trading, holding or whatever BTC plan without giving away too much personal information.
I frequently criticize guys and gal who seem to employ too much of a gambling strategy with their BTC that is not very well thought through.. like for example when someone might go 100% in one direction or another. I think that there are ways of going BIG (such as maybe even up to 95% or something like that) and still hold some reserve in case you are wrong.
I also am not comfortable with margin or leverage, and I also sometimes think that any trader may open himself (herself) up to manipulation when employing those kinds of leverage/margin tools, but I think that a few guys and gal here have decently disclosed some abilities to make profits, even using leverage/margin tools.
Sure some braggadocio might become a bit too much from time to time in terms of abilities to predict BTC price direction or even profit levels that might cause some to wonder whether the poster is posting honestly... or even if such bragging is necessary or helpful to anyone besides the ego or the trolling of the poster.
Sometimes in this thread some folks will also attempt to trick peeps into providing more information about their qty of btc, by having them tell us one piece of information at a time, and sometimes after a while in reading posts you can come to decent estimations regarding how much BTC, dollars or other coins some posters might be working with.. even though the first rule of fight club (bitcoin) still tends to be relatively widely understood.
Poll
