Sell low, buy high?

[wobber]

Just sold some at 97. Not because I wanted, cause I needed. But I do this for a long time and just keep loosing! aaaaaah

[wormbog]

This is why everyone says "do not invest what you can't afford to lose".

[Birdy]

Indeed, you have too much coins. When price is up again you should sell some more.

[smurf2094]

Buy low, sell high*

Never go all in on a sell/buy. Only partially sell your stash or partially build up your stash.

I know you were prolly thinking it's gonna go down to 80... Well it didn't. And if you sold just a little bit, then your loss would not be as bad.

Never sell when the price is tanking. Never buy when the price is skyrocketing.

[superduh]

playing peaks and values + lag is bad news

[smurf2094]

playing peaks and values + lag is bad news

Agreed. I try not to trade when I see more than 10 seconds of lag, like right now as I'm typing with 30 seconds.

[bassclef]

Patience is a virtue in this market.

[wobber]

I said I needed to sell. Not panic. But if I had waited like 10 more minutes I'd have 500 more lol.

[Gabi]

Buy high sell low is a famous tactic in the bitcoin world 

[bitcon]

why did you NEED to sell?   is it because it's the first of the month and you need fiat?

[smurf2094]

I said I needed to sell. Not panic. But if I had waited like 10 more minutes I'd have 500 more lol.

Just curious... Why'd you need to sell?

[UltimateReaper]

The real question is why didn't you sell when we were at 120-140?

[wobber]

I said I needed to sell. Not panic. But if I had waited like 10 more minutes I'd have 500 more lol.

Just curious... Why'd you need to sell?

Need to pay bills

[wobber]

The real question is why didn't you sell when we were at 120-140?

Oh, I did sell. I did also at 160. But I bought back at 120

[awakening]

I said I needed to sell. Not panic. But if I had waited like 10 more minutes I'd have 500 more lol.

Just curious... Why'd you need to sell?

Need to pay bills

Fuck, since 2010 and you aren't at least "someway" rich ?

[wobber]

Define rich

[Frozenlock]

[UltimateReaper]

Define rich

When you can finally afford to buy those potatoes you've been wanting to eat for a month.

Be happy man.

[awakening]

Define rich

Not really rich, but I supposed that you would had a stack to sell at current or high prices to get at least 1 million.. And having that in cash, is in someway being rich. At least in that very moment.
Of course, I'm a eighteen years old student and I don't have a lot of money. If you have a good work or your business, obviously you consider the term rich much higher, as I would.

[wobber]

If I had all the coins at their most highest value, yes I would have had about 1 mil. But I sold, I fucked up, I profit.

Generated all and not feeling sorry for selling when needed at 2. Now I have very very few, maybe 10%. That's life, all goes back in the box.

If I recall correctly, at best time I had 50,000 and at the worst 10,000.

That's my story.

LE: If one day I will still have coins and their value will be higher than I need, I will use the surplus to do things. I think of helping some children in Africa /Asia or poor countries. Having tons of plans (detailed, on paper, dreams) but lacking funds and other's help.