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Author Topic: Did I miss the bottom?  (Read 1933 times)
john_doe (OP)
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July 11, 2013, 01:51:11 AM
 #1

Did I???


If you believe my post is helpful and you feel like donating a small amount, please use this address: 165i2m6WNT3v4KPWbFesKhceaXf2shcUDR
notme
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July 11, 2013, 01:52:00 AM
 #2

Don't try to catch the overall bottom.  Just catch a lot of little bottoms.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
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July 11, 2013, 01:55:15 AM
 #3

No. It will likely bounce back down again.
MAbtc
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July 11, 2013, 03:08:52 AM
 #4

no
mgio
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July 11, 2013, 03:14:09 AM
 #5

yes, you did.

but it is still low. buy in now if you can.
MonadTran
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July 11, 2013, 03:48:59 AM
 #6

The bottom for Bitcoin, probably.

But the good news is you did not miss the bottom of your favorite fiat currency, for it has no bottom.
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July 11, 2013, 06:25:03 AM
 #7

Even if you catch the bottom, how many coins can you buy? It's bottom because no one would sell it at that lower price, see?

Getting in at the price that you can handle and buy some coins, which amount will not hurt you.

iBuilding A Better Interneti
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cosmicblue
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July 11, 2013, 08:53:39 AM
 #8

But the good news is you did not miss the bottom of your favorite fiat currency, for it has no bottom.
Thats a good one!  Cheesy

Big dom the donkey destroyer.
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July 11, 2013, 08:54:55 AM
 #9

Well I'd link to some good 80s french porn like, say, Dans la Chaleur de St. Tropez, but clearly I'd be persecuted by the amish mafia on this forum.
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July 11, 2013, 09:01:39 AM
 #10

yes, you did.

but it is still low. buy in now if you can.

I'd say, now is the time to sell in small increments, but people usually scoff at you if you try to act rationally.

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July 11, 2013, 12:03:41 PM
 #11

Just catch a lot of little bottoms.

What she said. Or something.
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July 11, 2013, 12:42:22 PM
 #12

indeed, I bought between 110$ and 60$ on the way down.

Now I'm selling about half of those coins as we go up (at 76$, 88$, 96$ next target)
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July 11, 2013, 12:45:58 PM
 #13

indeed, I bought between 110$ and 60$ on the way down.

Now I'm selling about half of those coins as we go up (at 76$, 88$, 96$ next target)


And you're making or losing money? Just curious

dnaleor
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July 11, 2013, 12:55:26 PM
 #14

indeed, I bought between 110$ and 60$ on the way down.

Now I'm selling about half of those coins as we go up (at 76$, 88$, 96$ next target)


And you're making or losing money? Just curious

at current price, i'm making money

(I was a not so early adopter buying in before triple digits and 'bubble'. I started buying around 50$)
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November 07, 2013, 09:54:57 PM
 #15

Did I???




XxionxX
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November 07, 2013, 11:36:56 PM
 #16

But the good news is you did not miss the bottom of your favorite fiat currency, for it has no bottom.

I am going to infinity thank you. My new favorite fiat printer is Yellen that I need to buy more stuff for Christmas! I am banking on being a trillionare, either with bitcoin or usd! No stopping my investment strategy.  Cool

FAP Turbo 2.0, the FOREX trading robot which also trades bitcoin!

I had to link it because I love the name. Seriously, that is the real name.
mvidetto
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November 08, 2013, 12:52:41 AM
 #17

Buy in now and you wouldn't miss anything.
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November 08, 2013, 04:24:47 AM
 #18

Many think if Bitcoin succeeds, it could eventually reach something like 100k+/coin.  If it ultimately fails, it'll go to zero.

Now with those two binary outcomes in mind, do you think you've "missed the bottom"?

I suspect we'll be at the bottom, relative to the huge upside potential that still exists, for a little longer.  Bitcoin is still very much like the really early days of the internet.  It's all speculation driving the price today.  Practically none of Bitcoin's innovation or potential has be harnessed, or even will be, for perhaps many years.  
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November 08, 2013, 04:42:10 AM
 #19

Don't try to catch the overall bottom.  Just catch a lot of little bottoms.
This is what I do. I buy a large margin position at the bottom of each correction. Then sell most of it and keep the profits in btc.
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