mbets
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December 13, 2013, 04:24:00 PM |
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... How much is required to invest? Can we invest in small amounts? i.e. less than 1 BTC?
yes these companies are split up in millions of shares, you can buy just 1 if you like. go try it out send a bitcoin and build yourself a profoilo its FUN FUN FUN way better opportunities then "investing" in SCAMCOIN of the week +1, apparently Havelock's fairly scrupulous but the biggest risk imho are those running the investments, can stress enough how important it is to do the research. Day trading can work out well too, there's some very predictable behaviour on some stocks. Again, caution and good luck EDIT: Be very careful of mining operations and if you see a guy called pirateat40 get the hell out I looked at each fund, all of them seem to be losing value. Any fund that you recommend?
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seleme
Legendary
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Activity: 2772
Merit: 1028
Duelbits.com
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December 13, 2013, 04:26:17 PM |
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Guys. If I had just hold all the time I would be a multi millionaire, in dollars, today. Just saying.
Some people are just compulsive traders, drawn to trading like moths to a candle. It doesn't seem to matter how many times they're told that it's smarter to buy and hold. They don't want to listen. They just want to trade. If I'd listen to those that told me to buy and hold I'd still have 7 coins I initially bought for 900$ and they would be worth 6000$ now. I have not listened to them and I have much more coins and worth much more fiat. So no, thanks. I bought once and will never wire/paypal a single dollar anymore (well, unless it fails a lot ). But I'll trade whenever I see an opportunity to do it. Sometimes I'll lost but I'll probably gain more in good trades. Those that are main preachers of B&H usually hold hundreds, often thousands they mined or bought for pennies, it's easy to be smart when you're in such position.
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seleme
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Activity: 2772
Merit: 1028
Duelbits.com
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December 13, 2013, 04:30:15 PM |
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I wouldn't trade BTC now in any direction if my life would depend on it..
The trend is still up but it will take a lot to break that 5600/900 barrier. If that bots there to push the price down as low as possible then I'd guess its also low on coins and if 900 can break then 1000 wont offer as much resistance. It doesn't seem too intent on going down hard though, not figured out if it has a low trigger yet but if its happy with a steady move in either direction then things could be calm for a while. Whatever it goes I am not touching it until it's clear as sun. It's in a stage where losing money is almost guaranteed. As others have said, buy and hold, daytrading in Bitcoin is a 90% sure way of losing money. All the TA in the world is no defence against even a single whale trade and bots are the most advanced and high budget area of AI R and D. An army of corporate geeks get fat pay checks to find ways to fool you into losing money and their work is backed up by enough funds to clean out all the exchanges in an instant. Its only getting started too, when all wall street is playing with the charts anything we do will be like walking into a war with a pop gun. No, it's not. Daytrading made my Bitcoin position some 30 times bigger. I made twice or triple of amount of Bitcoins I initially bought multiple times in one single day. I had many red days too but overall daytrading was good to me. Not sure for how long it would be now though as altcoin game changed as it's not as easy to jump in and out between them and btc anymore but so far it's been a good.
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seleme
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Activity: 2772
Merit: 1028
Duelbits.com
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December 13, 2013, 04:35:37 PM |
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wow, nice dump on bitstamp.
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wachtwoord
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Activity: 2338
Merit: 1136
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December 13, 2013, 04:39:04 PM |
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I wouldn't trade BTC now in any direction if my life would depend on it..
The trend is still up but it will take a lot to break that 5600/900 barrier. If that bots there to push the price down as low as possible then I'd guess its also low on coins and if 900 can break then 1000 wont offer as much resistance. It doesn't seem too intent on going down hard though, not figured out if it has a low trigger yet but if its happy with a steady move in either direction then things could be calm for a while. Whatever it goes I am not touching it until it's clear as sun. It's in a stage where losing money is almost guaranteed. As others have said, buy and hold, daytrading in Bitcoin is a 90% sure way of losing money. All the TA in the world is no defence against even a single whale trade and bots are the most advanced and high budget area of AI R and D. An army of corporate geeks get fat pay checks to find ways to fool you into losing money and their work is backed up by enough funds to clean out all the exchanges in an instant. Its only getting started too, when all wall street is playing with the charts anything we do will be like walking into a war with a pop gun. No, it's not. Daytrading made my Bitcoin position some 30 times bigger. I made twice or triple of amount of Bitcoins I initially bought multiple times in one single day. I had many red days too but overall daytrading was good to me. Not sure for how long it would be now though as altcoin game changed as it's not as easy to jump in and out between them and btc anymore but so far it's been a good. Yes it is. Some people win with roulette too. You won with trading. Congrats, but it wasn't skill
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seleme
Legendary
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Activity: 2772
Merit: 1028
Duelbits.com
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December 13, 2013, 04:39:09 PM |
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knock knock i here opportunity knocking https://www.havelockinvestments.com/has what looks like a very promising fund that still in IPO, but not for long! Seedcoin Fund I (SFI) check it out! For a complete noob... out of interest, what is this exactly? Bitcoin startups are the darling of venture capitalists at the mo, that fund aims to invest in the startups the smart money is following. Some of them wouldn't be accessible to small investors and diversity management is complicated so its an easy way for anyone to take advantage of what will likely be a booming industry. That said you would be putting your money into an online exchange that could disappear any time and with a random group on the internet that could also run of with the funds any time. Havelocks been around for a while and a lot have done the research and chosen to trust them, no idea about the fund managers but with anything like this its esential to do the research and asses the risks before making a decision. Buy and hold is still the best option from an all round perspective but if everything goes well there's a chance investments like this could offer a 10x return and/or stable dividends for a long time to come. Like any investments that comes with risk, don't rush in blindly. How much is required to invest? Can we invest in small amounts? i.e. less than 1 BTC? yes these companies are split up in millions of shares, you can buy just 1 if you like. go try it out send a bitcoin and build yourself a profoilo its FUN FUN FUN way better opportunities then "investing" in SCAMCOIN of the week Do you know anything about this SeedCoin fund. Idea is good but would be nice to know who is behind it and so. BTW, is Havelock IPO still heavy loss, I've seen some people on DGC IRC craing about being burned there.
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owlbear
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Activity: 21
Merit: 0
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December 13, 2013, 04:40:21 PM |
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And we're back to where I could go full BTC at a tiny profit. Tempting, but if it's going down today I prefer to keep my BTC buying tokens until it goes lower.
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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December 13, 2013, 04:41:06 PM |
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I wouldn't trade BTC now in any direction if my life would depend on it..
The trend is still up but it will take a lot to break that 5600/900 barrier. If that bots there to push the price down as low as possible then I'd guess its also low on coins and if 900 can break then 1000 wont offer as much resistance. It doesn't seem too intent on going down hard though, not figured out if it has a low trigger yet but if its happy with a steady move in either direction then things could be calm for a while. Whatever it goes I am not touching it until it's clear as sun. It's in a stage where losing money is almost guaranteed. As others have said, buy and hold, daytrading in Bitcoin is a 90% sure way of losing money. All the TA in the world is no defence against even a single whale trade and bots are the most advanced and high budget area of AI R and D. An army of corporate geeks get fat pay checks to find ways to fool you into losing money and their work is backed up by enough funds to clean out all the exchanges in an instant. Its only getting started too, when all wall street is playing with the charts anything we do will be like walking into a war with a pop gun. No, it's not. Daytrading made my Bitcoin position some 30 times bigger. I made twice or triple of amount of Bitcoins I initially bought multiple times in one single day. I had many red days too but overall daytrading was good to me. Not sure for how long it would be now though as altcoin game changed as it's not as easy to jump in and out between them and btc anymore but so far it's been a good. Yes it is. Some people win with roulette too. You won with trading. Congrats, but it wasn't skill I hope you don't think I give a flying one what it was. I'm not rpietilla, I don't have any complexes or mental problems and don't need people to think I am second coming. I've traded and made money. I'll trade again and try to make more. Skill, luck or whatever it would be, don't give a shit.
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gandhibt
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December 13, 2013, 04:41:39 PM |
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wow, nice dump on bitstamp.
Bad move to sell just above support in oversold market.
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seleme
Legendary
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Activity: 2772
Merit: 1028
Duelbits.com
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December 13, 2013, 04:46:22 PM |
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wow, nice dump on bitstamp.
Bad move to sell just above support in oversold market. yep, strange one, it usually bounce from that point.
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seleme
Legendary
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Activity: 2772
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December 13, 2013, 04:50:23 PM |
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BTW, when we are at investing just got mail from Crypto Street. That was supposed to be exchange for months now, they were saying they'll make it so arbitrage could be done etc... Now, they say they want to make it to fund account directly from bank accounts and ask angel investing money > Anyone knows anything about those guys?
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seleme
Legendary
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Activity: 2772
Merit: 1028
Duelbits.com
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December 13, 2013, 04:51:41 PM |
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wow, nice dump on bitstamp.
Get used to that pattern, it shows up a lot in downtrends. Not sure what its called (I've been using 'rolling dump'), maybe its its a natural market response but I'm almost sure its a manipulative attempt to cause panic. If it is it makes a slight profit at each downward step. It shows up on PM markets a lot too. Was stupid thing. We can think about them what we want but it's what happens on Gox that makes panic or not. Gox has big support on levels where this guy dumped. So it was pretty strange one.
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JimboToronto
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You're never too old to think young.
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December 13, 2013, 04:51:47 PM |
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I've traded and made money. I'll trade again and try to make more. Skill, luck or whatever it would be, don't give a shit.
As long as you're having fun, go for it. It's like the casino or race track. Enjoy the flashing lights and pretty horses as entertainment and if you get lucky and actually win something, consider it a bonus. Just don't become one of those people who commit suicide in the casino parking lot because they took it too seriously.
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rebuilder
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Activity: 1615
Merit: 1000
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December 13, 2013, 04:53:40 PM |
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I'll trade again and try to make more. Skill, luck or whatever it would be, don't give a shit.
You probably should. If it's luck, it's guaranteed to run out eventually.
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seleme
Legendary
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Activity: 2772
Merit: 1028
Duelbits.com
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December 13, 2013, 04:58:39 PM |
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I've traded and made money. I'll trade again and try to make more. Skill, luck or whatever it would be, don't give a shit.
As long as you're having fun, go for it. It's like the casino or race track. Enjoy the flashing lights and pretty horses as entertainment and if you get lucky and actually win something, consider it a bonus. Just don't become one of those people who commit suicide in the casino parking lot because they took it too seriously. I doubt I send signals as someone who would commit suicide for 900$ invested in BTC You guys are pussies and are making a drama of trading really. There is no difference in making a bad trade and then wait for market to reverse than to hold coins, see it plummeting 50% and wait for market to reverse. The only difference is that trading can possibly make you more btc in that reverse and holding can't, only more fiat. That's why I think than those who talk mostly about holding are those that care most about fiat despite making it like they care most about btc
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seleme
Legendary
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Activity: 2772
Merit: 1028
Duelbits.com
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December 13, 2013, 05:01:12 PM |
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wow, nice dump on bitstamp.
Get used to that pattern, it shows up a lot in downtrends. Not sure what its called (I've been using 'rolling dump'), maybe its its a natural market response but I'm almost sure its a manipulative attempt to cause panic. If it is it makes a slight profit at each downward step. It shows up on PM markets a lot too. Was stupid thing. We can think about them what we want but it's what happens on Gox that makes panic or not. Gox has big support on levels where this guy dumped. So it was pretty strange one. That depends on the reason for doing it, if you want Bitcoin to fail or just to stop investors taking an interest in the gains then its quite a smart thing to do. Its fairly simple to make it expensive for whoevers doing it, the reversals are clear and buying back as soon as they happen severely cuts the manipulators profit margin to a negative and the peaks happen relatively slowly. Only if it is preparation for Gox dump too. Might be the case though.
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 13, 2013, 05:01:57 PM |
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Adrian-x
Legendary
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Activity: 1372
Merit: 1000
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December 13, 2013, 05:13:15 PM |
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... How much is required to invest? Can we invest in small amounts? i.e. less than 1 BTC?
yes these companies are split up in millions of shares, you can buy just 1 if you like. go try it out send a bitcoin and build yourself a profoilo its FUN FUN FUN way better opportunities then "investing" in SCAMCOIN of the week +1, apparently Havelock's fairly scrupulous but the biggest risk imho are those running the investments, can stress enough how important it is to do the research. Day trading can work out well too, there's some very predictable behaviour on some stocks. Again, caution and good luck EDIT: Be very careful of mining operations and if you see a guy called pirateat40 get the hell out I looked at each fund, all of them seem to be losing value. Any fund that you recommend? No. The 30000 foot view, looks like this to me: new comers to Bitcoin get board just saving and want to play a proactive role in there investment, so after a growth spurt they look to invest there XBT, so XBT stocks go up, no other fundamental than demand from the likes of new investors. But given Bitcoin is growing and experiencing deflation not many companies will be able to outperform a 1000% growth per year.
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