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Bitcoin Forum > Economy > Economics > Speculation > What would you do?
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Question: Imagine some really bad news would appear and price would be dropping very very fast, way below your entry point. What would you do?
Sell at big loss (>50%) - 19 (15.7%)
Wait and hope for it to recover (high risk to lose it all) - 94 (77.7%)
I have no Bitcoins anyway - 8 (6.6%)
Total Voters: 121

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notme
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June 02, 2013, 05:02:31 AM
 #21
Where is the buy option?
https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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June 02, 2013, 05:37:25 AM
 #22
I'll be busy laughing manically.
drawingthesun
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June 02, 2013, 06:48:41 AM
 #23
Unless it was due to one of the Bitcoin pillars being destroyed. (The POW or private key encryption for example) I would hold. I would buy If I had spare cash which I don't (otherwise I would have bought more already)
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June 02, 2013, 01:58:51 PM
 #24
Quote from: wopwop on May 31, 2013, 08:43:44 PM
Consider killing myself seeing as I'm invested BIG in this

like how big?
Frozenlock
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June 02, 2013, 04:05:45 PM
 #25
Quote from: ElectricMucus on June 02, 2013, 05:37:25 AM
I'll be busy laughing manically.

Now's the time?
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June 02, 2013, 04:31:34 PM
 #26
Quote from: wopwop on May 31, 2013, 08:43:44 PM
Consider killing myself seeing as I'm invested BIG in this

Then consider this a warning: change your risk management now.

With this strategy you don't have a long life expectancy. Neither you nor any human I'd know of can predict the future with high accuracy. Any day something you didn't predict can happen and you end up another failed -- dead -- speculator.
meangreen
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June 02, 2013, 06:33:40 PM
 #27
Quote from: Vandroiy on June 02, 2013, 04:31:34 PM
Quote from: wopwop on May 31, 2013, 08:43:44 PM
Consider killing myself seeing as I'm invested BIG in this

Then consider this a warning: change your risk management now.

With this strategy you don't have a long life expectancy. Neither you nor any human I'd know of can predict the future with high accuracy. Any day something you didn't predict can happen and you end up another failed -- dead -- speculator.

You would kill yourself over a couple hundred bucks?
btceic
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June 02, 2013, 06:38:09 PM
 #28
where is the buy more option?
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