Sold @ 135

[Catacombkid]

These are the kinds of times I keep my finger on the buy/sell trigger. The volatility scares me.

[NikolaTesla]

we have broken down passed two large support lines $126 & 122 if it breaks $117 it might be grim

Done, 113 lol

[San1ty]

Sold 84 BTC at 130... Pfew :O

[Bowjob]

wow

[ManBearPig]

we have broken down passed two large support lines $126 & 122 if it breaks $117 it might be grim

Done, 113 lol

Haha - hat off!

[UKMark]

$111 - $109 should hold, but this is bitcoin when all said and done Whatever you do don't sell at a loss!

I'm wondering how many people who bought in at $130 ish are now selling :/

[rpietila]

My take would be, the time to buy back was 15 minutes ago. Hope you did

[San1ty]

My take would be, the time to buy back was 15 minutes ago. Hope you did

Quoted! I didn't actually, Let's see if I'll have any regrets. IMHO we can buy back cheaper.

[eclipse81]

I hope no one on this forum who bouht at 130 would sell at a loss with the kind of volume we are having today...US banks havent opened yet...I scooped a few coins on BitStamp at 110 but now all my fiats dried up on exchanges(DAMN YOUR TIMING BITFLOOR) till US banks open...come on guys hold or buy..if it goes above 150 before 9 AM est I may sell to buy into another correction..I think a lot of the new people(at least those left after the 12 th)who bought into the "bubble" in early April are gonna cash out of this roller coaster at the first sign of breaking even,so 150 being a nice round number will see a  lot of action.I personally know one guy whos marriage may be saved if we see 160 soon.(took  out high 5 figure loan to buy BTC around april 8th).However maybe all the new blood has been scared outta market and we will see no real action at 150,so no time to buy like the present,though I am hoping for a correction around 150.

[San1ty]

I hope no one on this forum who bouht at 130 would sell at a loss with the kind of volume we are having today...US banks havent opened yet...I scooped a few coins on BitStamp at 110 but now all my fiats dried up on exchanges(DAMN YOUR TIMING BITFLOOR) till US banks open...come on guys hold or buy..if it goes above 150 before 9 AM est I may sell to buy into another correction..I think a lot of the new people(at least those left after the 12 th)who bought into the "bubble" in early April are gonna cash out of this roller coaster at the first sign of breaking even,so 150 being a nice round number will see a  lot of action.I personally know one guy whos marriage may be saved if we see 160 soon.(took  out high 5 figure loan to buy BTC around april 8th).However maybe all the new blood has been scared outta market and we will see no real action at 150,so no time to buy like the present,though I am hoping for a correction around 150.

There is no hope for a person that took out a loan to buy BTC. As cruel as it may sound:
That's crazy level Darwin bro...

[DrG]

My take would be, the time to buy back was 15 minutes ago. Hope you did

Missed my chance, busy easting.  Can't watch this nonsense when hungry

[tosku]

Darn! I had a sell order for 100 BTC @ 135, but I cancelled it when the price was around 130, thinking we'd go right through. Had I sold 100 BTC @ 135, and bought back @ 125, I'd have gained 7 BTC.

[NikolaTesla]

(took  out high 5 figure loan to buy BTC around april 8th)

Ouch

[UKMark]

My take would be, the time to buy back was 15 minutes ago. Hope you did

Let's be honest here, all the sensible was money was in at < $70

[eclipse81]

OUCH sums it up...got tired of hearing us at work(3 of us) talk about money(actually at time it was net worth since we hadnt sold any)we made on our BTC holdings...which combined between myslef and 2 others was like maybe 600 btc...so he decided he needed  to outdo us all.He listened to my advice and read up on the wiki then went against my advice and got a quickie home equity loan to buy BTC..it was a SURE thing he told his wife..ALL the GEEKS at work are into it..well he bought in around the 8th or 9th and I know he didnt sell cause his wife came down to the job site to berate us for getting her husband into this mess.so yah there is still some real stupid money in BTC.

[DrG]

My take would be, the time to buy back was 15 minutes ago. Hope you did

Let's be honest here, all the sensible was money was in at < $70

How dare you come on these forums and ask for sensibility.

I'm am relatively clueless about trading compared to a professional trader or broker (although I've been trading stocks for almost 25 year).  The professional traders have a bit more insight but you can't try to explain the behavior of some 23 year old pot smoking kid who's got 10 rigs in his garage mining away LTC and buying coins in between puffs.

I think it's all luck, you can see all the cups and handles and boobs in the graph that you want...

[600watt]

OUCH sums it up...got tired of hearing us at work(3 of us) talk about money(actually at time it was net worth since we hadnt sold any)we made on our BTC holdings...which combined between myslef and 2 others was like maybe 600 btc...so he decided he needed  to outdo us all.He listened to my advice and read up on the wiki then went against my advice and got a quickie home equity loan to buy BTC..it was a SURE thing he told his wife..ALL the GEEKS at work are into it..well he bought in around the 8th or 9th and I know he didnt sell cause his wife came down to the job site to berate us for getting her husband into this mess.so yah there is still some real stupid money in BTC.

she´ll be proud of him latest by end of this month. the guy should relax.

[xorglub]

Too late, going back up... dead cat bounce or not ? Buying pressure is still at insane levels.

[DrG]

Too late, going back up... dead cat bounce or not ? Buying pressure is still at insane levels.

No, the bump to $125 lasted 45 minutes.  That's pressure?  Heading back down....$120..

[rpietila]

My take would be, the time to buy back was 15 minutes ago. Hope you did

Quoted! I didn't actually, Let's see if I'll have any regrets. IMHO we can buy back cheaper.

Nikola thinks it'll go lower. I believe $110.25 was the bottom for today. One of us is right

Bitcoin's volatility has impressed me several times before, though. I went +50,000 USD in with speculative capital the day when it smashed from 90->50 about 84 hours ago.

No, I did not buy at 50, my average buy point was 86! That was my smartest guess, which was outsmarted by the herd that day.

Anyway, half of that position is still long (half sold after a day at 92) and I will sell it according to schedule for a profit.

If it goes below 90, I will buy back. I am short term bearish for anything above 130.