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Author Topic: I am fucking panicking  (Read 15776 times)
Gordonium (OP)
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July 03, 2013, 06:07:15 PM
Last edit: July 03, 2013, 06:18:37 PM by Gordonium
 #1

I am seriously considering getting out of this game. Give some strength bros!

EDIT: I sold some of my Bitcoins but I will still hold fairly good amount of BTC for the longest time.
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dbanga85
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July 03, 2013, 06:09:05 PM
 #2

I am seriously considering getting out of this game. Give some strength bros!
If you scared go to church

Buy Low Sell HIGH is the Motto...
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July 03, 2013, 06:09:43 PM
 #3

I won't give any strength, but I'll give you some USD for some cheap BTC. Grin

I've been buying like crazy.

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July 03, 2013, 06:09:45 PM
 #4

Hang on tight. Don't lose faith. This is time to buy up more coins while we go through this period of slow down.
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July 03, 2013, 06:10:02 PM
 #5

I am seriously considering getting out of this game. Give some strength bros!

I'm still holding. Looking at the bubbles the last 2 years, the price will recover and go higher than before. If you are so damn sure it will go low, you can sell your coins and try to buy in lower but it's a big risk.
I'm holding out for sure until Winklevoss IPO hits which values coins at $100 each. Lets see if the institutional investors like Bitcoin, easy to purchase a stake in.

Chill out man, worst case scenario, hold your bitcoins for a year and make a massive profit.

BTC: 16whd9eNR8WY9nVhUUevNYMbQB2eS1jtYF
I also accept precious metals, no paper money please.
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July 03, 2013, 06:10:51 PM
 #6

humanitee
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July 03, 2013, 06:12:26 PM
 #7

Just wait a bit.

I'm buying more, just waiting to see how many bears get in on the pile.


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Jaroslaw
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July 03, 2013, 06:13:10 PM
 #8

I am seriously considering getting out of this game. Give some strength bros!

sell today or tomorrow you will woke up in the 70`s
notme
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July 03, 2013, 06:13:39 PM
 #9

If you are panicking now you might as well sell.  We've got a lot more volatility to work out before we can rocket again.  If you can't sit tight, sell out or put your coins in a paper wallet and walk away for 3-6 months.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
MAbtc
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July 03, 2013, 06:13:59 PM
 #10

Hang on tight. Don't lose faith.
Cheesy

It's gonna be a blood bath out there!

Lots of panic selling and capitulation still to play out here.
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July 03, 2013, 06:14:28 PM
 #11

I am seriously considering getting out of this game. Give some strength bros!

Imo you have invested too much into Bitcoin, if a price drop leads to panic.
Just hold an amount that you can afford to lose.
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July 03, 2013, 06:16:31 PM
 #12

I am seriously considering getting out of this game. Give some strength bros!

Imo you have invested too much into Bitcoin, if a price drop leads to panic.
Just hold an amount that you can afford to lose.

Exactly.  If you are panicking you are overexposed.

https://www.bitcoin.org/bitcoin.pdf
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July 03, 2013, 06:17:04 PM
 #13

I was planning to buy-in a $3 (just before the $30 peak). Still have not gotten my computers staightened out Tongue

Shoulda, coulda , woulda.

Maybe THIS month I will finally buy Bitcoins.


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Gordonium (OP)
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July 03, 2013, 06:17:57 PM
 #14

I am seriously considering getting out of this game. Give some strength bros!

Imo you have invested too much into Bitcoin, if a price drop leads to panic.
Just hold an amount that you can afford to lose.

That is probably right. There was a point where all of my net worth was in Bitcoins.

So I will make a compromise. I will sell today some of my Bitcoins but I will still hold fairly good amount of BTC for the longest time.
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July 03, 2013, 06:18:29 PM
 #15

It might get much much worse. A great test for people's faith in bitcoin, the people who truly care about bitcoin and are not in it just for the quick buck will remain. If you aren't one of them, just sell and leave now. You won't be missed. Tongue

Bitcoin = Gold on steroids
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July 03, 2013, 06:19:03 PM
 #16

I am seriously considering getting out of this game. Give some strength bros!

Imo you have invested too much into Bitcoin, if a price drop leads to panic.
Just hold an amount that you can afford to lose.

That is probably right. There was a point where all of my net worth was in Bitcoins.

So I will make a compromise. I will sell today some of my Bitcoins but I will still hold fairly good amount of BTC for the longest time.

you will lose in longterm if bitcoins drop
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July 03, 2013, 06:19:35 PM
 #17

I am seriously considering getting out of this game. Give some strength bros!

Imo you have invested too much into Bitcoin, if a price drop leads to panic.
Just hold an amount that you can afford to lose.

sounds like wise advice.
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July 03, 2013, 06:20:37 PM
 #18

I am seriously considering getting out of this game. Give some strength bros!

Imo you have invested too much into Bitcoin, if a price drop leads to panic.
Just hold an amount that you can afford to lose.

sounds like wise advice.
+1 to this.

I'm 100% in BTC.
This is not the most sensible position.
ThatDGuy
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July 03, 2013, 06:21:19 PM
 #19

That is probably right. There was a point where all of my net worth was in Bitcoins.

Unless it was a "just finished paying off my debts, first ~1000"-kind of net worth, that's pretty scary/ballsy.
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July 03, 2013, 06:22:23 PM
 #20

I am seriously considering getting out of this game. Give some strength bros!

sell today or tomorrow you will woke up in the 70`s

from what it looks like in the 30's

"Life is a waterfall, we drink from the river then turn around and put up our walls"
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