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Author Topic: what's your stop loss  (Read 6019 times)
Anonymous
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July 05, 2011, 04:53:09 AM
 #41

Zero.
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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imperi
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July 05, 2011, 04:54:32 AM
 #42

Zero.

This.
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July 05, 2011, 05:06:29 AM
 #43

If this 13.50 price level doesnt hold, its going to 8.10 before it sees any support.

you read it here first, now watch the show.

I think it would find support around $10. There is a lot of psychological support for any single digit number. If $10 breaks, I think it is a free fall. maybe all the way < $5.

On the other hand, I think it would only take a small rally to see $17 again.

probably a little bounce there....
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July 05, 2011, 07:13:25 AM
 #44

When hackers break bitcoin.. but it will probably be too late to do anything then, so zero.

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July 05, 2011, 08:36:11 AM
 #45


I think it would find support around $10. There is a lot of psychological support for any single digit number. If $10 breaks, I think it is a free fall. maybe all the way < $5.


There's a bit of support at $11 & $10.50..nothing beyond that..so yea if it breaks I guess we'd be in freefall...

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July 05, 2011, 03:43:22 PM
 #46

I bought into my position to hold for a time period measured in years and use (internet services, wikileaks, etc.)  I set buys at various point downward, and most of the non-absurd ones have been taken out so I'm more or less done.


I expect that if the price of bitcoins falls back to April levels as the bubble deflates, you would be delighted to buy some more at, or under, one dollar each.
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July 05, 2011, 05:48:40 PM
 #47

simple cost plus.
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