Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[barbs]

i sold at 936 and rebought at 916, not really balls of steel here, i've been burned too many times.

Not going to sell -> rebuy this dip now.

[UnDerDoG81]

looks like he's got a chance to rebuy

lol he wont.... he will be like "what if it goes lower" ....

@801 I will rebuy with a loss of 20 per coin. Thats ok.

[seriouscoin]

Damn, I am locked in.

I said that I am the best contrary indicator. When I said that I bought at 890, then was the time to get out.

Now I am not going to sell at a loss (for once), so it will surely go even lower. (If I sold now, it would rebound back immediately).

Ok, please sell 

[sumantso]

People sell but the price goes up  

Cmon did one mistake by selling yesterday, can we please go back to 800 for a second  

if we did, you'd think "why buy now? It'll go lower"

Probably

But really, I regret it so much (again) that I speculated (once again wrong) and sold, even though I tell my self I will hold forever.

I've been there. The worst type of sell is the "damn, i could have sold at the top but didnt, lets sell now and hope it goes down"

Did exactly the same in this recent crash... got shook out at the bottom thinking it had further to go, then frantically bought back in at a $150 loss. Think I'm just going to hold for ever until the moon or zero :/

You say that now ....

Btw, whats moon or 0? If it goes to $1m you may still be thinking it will go to $10m and end up holding.

[UnDerDoG81]

Damn, I am locked in.

I said that I am the best contrary indicator. When I said that I bought at 890, then was the time to get out.

Now I am not going to sell at a loss (for once), so it will surely go even lower. (If I sold now, it would rebound back immediately).

I thought I´m the only unlucky person in Bitcoin heaven Same things happened to me a couple times.

[jonoiv]

not long now till the main sell off

all good things come to those who wait.  Patience is a virtue  

[Nemo1024]

Still holding.

Psychology is an interesting thing.

Then the price moves up and down by $40, that feels like a lot.
When the swing constitutes $400, you think, nah, not far enough down, I'll wait for an even better price...

[adamstgBit]

i figure we can move higher off this bounce.

good stuff

bitcoin is looking strong!

[seriouscoin]

looks like he's got a chance to rebuy

lol he wont.... he will be like "what if it goes lower" ....

@801 I will rebuy with a loss of 20 per coin. Thats ok.

LOL you just confirmed my statement.

Please dont cry on here about your bad decision ever again.

[octaft]

The time to sell was at 1100-1200. Buying had really died down, and the tops were flat. You could kind of justify selling at 950 now, I guess, but if you sold at, like, 600, that's kind of silly. Even if you think it will continue to go down, at least wait for the almost inevitable bounce.

[Richy_T]

In this case you are losing coins, but your wealth is better protected. It's like paying "crash insurance". And if you do this always, someday you will win big when big crash comes. This isn't as easy to do as it seems in the pic.

And that is where the manipulators make their money.

[sumantso]

i figure we can move higher off this bounce.

good stuff

bitcoin is looking strong!

adam has spoken. That means you gotta sell right now.

[seriouscoin]

In this case you are losing coins, but your wealth is better protected. It's like paying "crash insurance". And if you do this always, someday you will win big when big crash comes. This isn't as easy to do as it seems in the pic.

And that is where the manipulators make their money.

thats why noobs should not anticipate in the process. Set your goal and dont panic trading.

See how greed does to you?

[Davyd05]

i figure we can move higher off this bounce.

good stuff

bitcoin is looking strong!

I am just suspect of it holding stable cause of the rush to 980 at 2am est.. I think that will not help us as much as it will hurt us. I derived from it that many people still feel bear. I remain fearless and I am sure as soon as money hits the exchanges and they decide the lows have occurred for their personal numbers, the buys will start picking up steam towards the choo choo it could take a dip to 750 to trigger it though. However I remain super bullish in the long run.

[adamstgBit]

In this case you are losing coins, but your wealth is better protected. It's like paying "crash insurance". And if you do this always, someday you will win big when big crash comes. This isn't as easy to do as it seems in the pic.

And that is where the manipulators make their money.

this is "crash insurance"



 

[micalith]

estimates for the next turn?

I'm guessing it won't get as far as testing 800, but will get close, before trying to burst Stamp's $900 again. If not, it's a big bull trap and we headed to 600s.

[adamstgBit]

estimates for the next turn?

I'm guessing it won't get as far as testing 800, but will get close, before trying to burst Stamp's $900 again. If not, it's a big bull trap and we headed to 600s.

i think its turning up now.   

[Dragonkiller]

Don't think we're going much under $850

[adamstgBit]

estimates for the next turn?

I'm guessing it won't get as far as testing 800, but will get close, before trying to burst Stamp's $900 again. If not, it's a big bull trap and we headed to 600s.

I would say 820-830 is very well within reach, probably 35% chance

35% chance for a 5% drop?

its moving up now! buy buy buy

[oda.krell]

In this case you are losing coins, but your wealth is better protected. It's like paying "crash insurance". And if you do this always, someday you will win big when big crash comes. This isn't as easy to do as it seems in the pic.

And that is where the manipulators make their money.

True. But his approach is still the most profitable one depending on how high you place the chance for total/near total failure of BTC. Don't tell me you're 100% sure BTC will make it?!