mmitech
Legendary
Offline
Activity: 1148
Merit: 1001
things you own end up owning you
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December 26, 2013, 11:04:52 PM |
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Where will this end guys. ... The end of one trend is the beginning of another. Be prepared with your plan (and backup plan B). Plan A: HodlPlan B: Hodl harder Backup B: Panic Hodljust corrected that for you, an english teacher wrote this way so it is not me.....
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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December 26, 2013, 11:11:40 PM |
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Kj1
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December 26, 2013, 11:11:49 PM |
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I like the notion of panic hold. Going offline (really, no smartphones or wires or pcs) for one week. Probably I'll miss a dip and a huge spike, but in the end the panic hold will have been good
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ChrisML
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December 26, 2013, 11:14:48 PM |
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I like the notion of panic hold. Going offline (really, no smartphones or wires or pcs) for one week. Probably I'll miss a dip and a huge spike, but in the end the panic hold will have been good Thats one way. I do day trades. Everyday my positions are closing at 01:00 AM. Than 01:05 I can buy again and do that for another 24 hours with new positions that I open. Wish it was that easy. With the last low of 450,- I went in at 510,- sold it at 635,-. That in ONE day! Crazy shit. Not expecting spikes like those... but hey, a dollar or 60 up is worth a trade.
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gandhibt
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December 26, 2013, 11:17:24 PM |
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but the question is are you hodling fiat or coins?
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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December 26, 2013, 11:19:19 PM |
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but the question is are you hodling fiat or coins? well both... i can't panic buy back at a loss it is against my religion but i'm not about to start selling more just cuz i think its over valued i'll just hodl my position!
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OldGeek
Sr. Member
Offline
Activity: 266
Merit: 250
Blitz:The price affects the perception of the news
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December 26, 2013, 11:23:56 PM |
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Where will this end guys. ... The end of one trend is the beginning of another. Be prepared with your plan (and backup plan B). That's what I am trying todo right now. I cant get my shit straight after all those ups and downs the last few weeks. The first 3 trades went great, but not im less confident about stepping in at this price. I'm not the luckiest guy around, so I have to take my time and try to learn not to get burned too badly. I use stop loss points to prevent serious hurts, others do not. The thing is, if you listen to the chatter here it will make matters worse instead of better. It took me about four months of lurking to identify who I thought were the real bulls and bears. Then it has taken me another 3 or 4 to identify those who intentionally spout dis-information, mis-information, and then there are the out-liars to contend with. If you are new to any type of trading, just take baby steps and make a plan that you can stick to. Perhaps it would be best not to put all of your fiat on an exchange right away. Regardless of the dogma spouted here about 'buy and hold', you can't increase your holdings without risk. Buy and hold is good if you don't care about an increase. Trading may let you increase your holdings without putting more fiat at risk. On the other hand, what the hell to I know. I'm just a troll with an internet connection.
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SheHadMANHands
Legendary
Offline
Activity: 1168
Merit: 1000
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December 26, 2013, 11:25:36 PM |
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In other news, more record Wall Street highs.. CNN.com cover: "5 reasons stocks will go up". God, MSM is predictably irresponsible. Trying to cause a huge bubble? "The gifts keep coming." Until they don't.. http://www.cnn.com/
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windjc
Legendary
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Activity: 2156
Merit: 1070
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December 26, 2013, 11:26:32 PM |
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It is almost im-fu*king-possible for someone NOT to make money in these markets. The only way someone fails to do this is if they go fiat. Thats the only way.
Does anyone REALLY think that 1240 is going to hold for long. Haha...hahaha...bwhahahahahahahahaha.
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gandhibt
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December 26, 2013, 11:27:54 PM |
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but the question is are you hodling fiat or coins? well both... i can't panic buy back at a loss it is against my religion but i'm not about to start selling more just cuz i think its over valued i'll just hodl my position! religions are bad, wait for next oversold situation example in m30 and buy then
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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December 26, 2013, 11:29:03 PM |
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It is almost im-fu*king-possible for someone NOT to make money in these markets. The only way someone fails to do this is if they go fiat. Thats the only way.
Does anyone REALLY think that 1240 is going to hold for long. Haha...hahaha...bwhahahahahahahahaha.
so the saying " you haven't made any money till you cashed out " is simply not true for bitcoin. hmmm interesting
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gandhibt
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December 26, 2013, 11:31:01 PM |
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It is almost im-fu*king-possible for someone NOT to make money in these markets. The only way someone fails to do this is if they go fiat. Thats the only way.
Does anyone REALLY think that 1240 is going to hold for long. Haha...hahaha...bwhahahahahahahahaha.
so the saying " you haven't made any money till you cashed out " is simply not true for bitcoin. hmmm interesting bitcoins are the real money
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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December 26, 2013, 11:33:02 PM |
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but the question is are you hodling fiat or coins? well both... i can't panic buy back at a loss it is against my religion but i'm not about to start selling more just cuz i think its over valued i'll just hodl my position! religions are bad, wait for next oversold situation example in m30 and buy then na i'll wait for an opportunity to support low low prices, if that never comes.... i'll go buy a car or something...
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gandhibt
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December 26, 2013, 11:34:47 PM |
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but the question is are you hodling fiat or coins? well both... i can't panic buy back at a loss it is against my religion but i'm not about to start selling more just cuz i think its over valued i'll just hodl my position! religions are bad, wait for next oversold situation example in m30 and buy then na i'll wait for an opportunity to support low low prices, if that never comes.... i'll go buy a car or something... you don't need that junk, you need more power
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Boxman90
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December 26, 2013, 11:35:00 PM |
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It is almost im-fu*king-possible for someone NOT to make money in these markets. The only way someone fails to do this is if they go fiat. Thats the only way.
Does anyone REALLY think that 1240 is going to hold for long. Haha...hahaha...bwhahahahahahahahaha.
so the saying " you haven't made any money till you cashed out " is simply not true for bitcoin. hmmm interesting bitcoins are the real money Oh really, can you do your groceries with them and pay gas yet? No? Well fuck me but as long as you can't use it for the main human needs, it's not god damn money but a commodity and speculation. Speculation that it once will be the real money - which it might not be.
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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December 26, 2013, 11:35:16 PM |
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I have made around 130k from my 1k March investment so far and I still have some 150-200 BTC in crypto investments.
Bitcoins are dream coming true.
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ChrisML
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December 26, 2013, 11:36:22 PM |
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Where will this end guys. ... The end of one trend is the beginning of another. Be prepared with your plan (and backup plan B). That's what I am trying todo right now. I cant get my shit straight after all those ups and downs the last few weeks. The first 3 trades went great, but not im less confident about stepping in at this price. I'm not the luckiest guy around, so I have to take my time and try to learn not to get burned too badly. I use stop loss points to prevent serious hurts, others do not. The thing is, if you listen to the chatter here it will make matters worse instead of better. It took me about four months of lurking to identify who I thought were the real bulls and bears. Then it has taken me another 3 or 4 to identify those who intentionally spout dis-information, mis-information, and then there are the out-liars to contend with. If you are new to any type of trading, just take baby steps and make a plan that you can stick to. Perhaps it would be best not to put all of your fiat on an exchange right away. Regardless of the dogma spouted here about 'buy and hold', you can't increase your holdings without risk. Buy and hold is good if you don't care about an increase. Trading may let you increase your holdings without putting more fiat at risk. On the other hand, what the hell to I know. I'm just a troll with an internet connection. True, true and true. I'm new on these forums, and it's pretty obvious who knows his shit, and who does not. But being in the forex trading for nearly 4 years made confident enough of buys, placing sl and tp's. This BTC thing is just completely new for me, and others. If you actually hodl BTC's you just wait it out. Let the storm pass, it's gone through a stress test twice this month. It's obvious that it stabalizes after a week orso. The question ofcourse is, will this happen in the future, and where exactly will it stop. For all I know it could go up to a staggering $1800,- and do a YOLO 2 days later going down to $800 again. at 2 pm it's at 699,- at 10 pm it's nearly hitting $800. Just mind blowing to me, still.
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mmitech
Legendary
Offline
Activity: 1148
Merit: 1001
things you own end up owning you
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December 26, 2013, 11:39:02 PM |
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I have made around 130k from my 1k March investment so far and I still have some 150-200 BTC in crypto investments.
Bitcoins are dream coming true.
a bosnian telling you how much money he made... classic story hahahah, this is what I love about balkan, people will allways surpise you, no matter how long you live here you cant really understand how they think
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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December 26, 2013, 11:39:37 PM |
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I have made around 130k from my 1k March investment so far and I still have some 150-200 BTC in crypto investments.
Bitcoins are dream coming true.
a bosnian telling you how much money he made... classic story hahahah, this is what I love about balkan, people will allways surpise you, no matter how long you live here you cant really understand how they think Mate, I'm in the process of searching a business real estate on Baščaršija these days to spend my BTC earned money on it. If id manage to find one, I'll probably be settled out for life. Isn't that beautiful thing for 6 months only ?
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fr33d0miz3r
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December 26, 2013, 11:41:20 PM |
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Nice 1-year candle is forming Market has peaked, sell-off incoming
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