davidgdg (OP)
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September 13, 2013, 07:24:40 AM Last edit: September 13, 2013, 07:46:34 AM by davidgdg |
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This is a thread for a new competition to compare the performance of trading, versus buy-and-hold versus mixed strategy.
Rules:
1. State whether strategy has been pure trading, pure buy and hold, mixed.
2. Post results as percentage gains/losses
3. Only include purchases / trades since 1st April 2013. This is to avoid skewing the results in favour of early adopters and also to make the competition harder ;-)
I will get the ball rolling. I am pure buy and hold, buying small amounts every few weeks. Since 1st April, the market is up about 33% (or 51% if you use just Gox figures).
I am up 12% during the same period.
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"There is only one thing that is seriously morally wrong with the world, and that is politics. By 'politics' I mean all that, and only what, involves the State." Jan Lester "Escape from Leviathan"
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joesmoe2012
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September 13, 2013, 08:44:16 AM |
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I sold all my bitcoins and now have a bunch of USD...so I guess i'm 100% down ![Sad](https://bitcointalk.org/Smileys/default/sad.gif)
Even worse, some of my USD is GoxUSD IOU's.
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kehtolo
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September 13, 2013, 08:46:33 AM |
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Ok, similar stagegy to yours.. as in i bought a couple here a couple there but since mid-July.
I'm in europe so i don't have my prices in $ rather €.. but % should be more or less the same.
By my calculations i'm up 40% in that time.. which should be the same as the market, since i'm buy and hold.
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The next 24 hours are critical!
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davidgdg (OP)
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September 13, 2013, 09:03:11 AM |
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Ok, similar stagegy to yours.. as in i bought a couple here a couple there but since mid-July.
I'm in europe so i don't have my prices in $ rather €.. but % should be more or less the same.
By my calculations i'm up 40% in that time.. which should be the same as the market, since i'm buy and hold.
Actually beating the market between 1st April and today would be an impressive achievement. It was at about 95 USD on the 1st April but has been over 100 for most of the time since then. I would say any return over 10% is good and anything over 20% is impressive.
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"There is only one thing that is seriously morally wrong with the world, and that is politics. By 'politics' I mean all that, and only what, involves the State." Jan Lester "Escape from Leviathan"
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Apraksin
Sr. Member
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Moon?
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September 13, 2013, 09:46:40 AM |
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I bought a small amount of coins at about 80$ in the first crash after ATH and decided to pursue B&H strategy. However the idiot in me jumps to it at random intervals and wants to trade to enlarge my stack. Never a good idea, like many others I seem to have a talent for buying high and selling low. So far I estimate 10 % loss in coins.
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kehtolo
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September 13, 2013, 10:11:34 AM |
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B&H working ok for me so far then!
I'm going off Gox prices.. and i can't be arsed to convert it into $'s for this posting.. but i paid 780 in total. Currently worth (volatile figure i know) €1096
1096-780 = 316
316 / 7,8 = 40,5%
Maybe i bought at the right time? I don't know.
I know I have been tempted to trade a little. But I've decided not to. Those 10 BTC have gone into cold storage.
I plan to buy some around the christmas / holiday peiod, (if not before) for trading.
Just a small ammount, under 5, probably 2 or 3 and try to trade that up to 10 BTC.
I want 100 BTC!! but 20 would be a start. I might even settle for 50.
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The next 24 hours are critical!
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600watt
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September 13, 2013, 11:08:07 AM |
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i bought 100 btc in june 2011. then the bubble burst and then gox got hacked, i could not access my account anymore and forgot all about it. buried deep and full of shame that i was stupid enough to fall into this scam. in march 2013 someone told me about bitcoin. i remembered my emberassing investment. WHAT ? PRICE AT 50$ ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) i wrote customer support, the renewed my account and was several thousand € richer. first thing i did was to sell all the coins. an hour or so later i realized what i was doing and bought back. immedeate loss: 10 btc. conclusion: -buy and hold worked fine -sell/buy back: ![Cry](https://bitcointalk.org/Smileys/default/cry.gif)
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001sonkit
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September 13, 2013, 11:18:23 AM |
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Hold and did Bitcoin based investment. i entered at 25USD for 6, did a LONG at 1broker 4BTC 1:5 earned me 18, earned like 4 from projects, total of 28BTC. Now holding about 58BTC worth of Bitcoin Based Investment assets (Coinlenders, ASICM....) and a 4BTC worth CoinTerra Group Buy contract
Hold is for me, plus some nice o' steady investments based in Bitcoin
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GEMINI ACCOUNT REVIEW - Source of Funds Request
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Foxpup
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Vile Vixen and Miss Bitcointalk 2021-2023
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September 13, 2013, 11:46:29 AM |
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Actually beating the market between 1st April and today would be an impressive achievement.
Prepare to be impressed. My strategy is good old-fashioned asset allocation: I aim to keep a certain percentage of my portfolio in bitcoins; if the price goes up too much (increasing the value of my bitcoin holdings compared to other assets), I sell until I'm back at my "target"; if the price goes down, I buy for the same reason. The result of this strategy is that I sold a shit-tonne of coins during the April peak, and I'm up 74% since 1 April 2013. What do I win? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Will pretend to do unspeakable things (while actually eating a taco) for bitcoins: 1K6d1EviQKX3SVKjPYmJGyWBb1avbmCFM4I am not on the scammers' paradise known as Telegram! Do not believe anyone claiming to be me off-forum without a signed message from the above address! Accept no excuses and make no exceptions!
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rampantparanoia
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September 13, 2013, 02:03:44 PM |
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100% down, looking for re-entry
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600watt
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September 13, 2013, 02:57:31 PM |
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100% down, looking for re-entry
hurry up ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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rampantparanoia
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September 13, 2013, 03:21:13 PM |
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100% down, looking for re-entry
hurry up ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) that's what I keep telling the market.
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derpinheimer
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September 13, 2013, 03:36:20 PM |
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Actual: Bought Aug 27; up 10.7%
With buy&hold; up 12.7%
Optimal; up 21.1%
Reason for discrepancy? Made some small daytrading BTC & USD profits in these 2 weeks, but sold at $128.74. Missed chance to re-buy at $124 & $128. Had I not sold at 128.74, and instead sold at what I'm considering the current price ($142), up 21.1%.
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MAbtc
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September 13, 2013, 04:57:29 PM |
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100% of trading funds were in fiat since late May, went all in early July and came out 48% ahead in fiat. No coins now (except non-trading funds -- those are waiting for $10k and onwards). Hoping the market doesn't take a shit on me. I missed this last jump, got out at ~118 BTC-E and ~122 Bitstamp.
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4mherewego
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September 13, 2013, 05:28:05 PM |
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Bought a lot at $90 in June, been holding/spending since ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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davidgdg (OP)
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September 13, 2013, 07:37:04 PM |
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Actually beating the market between 1st April and today would be an impressive achievement.
Prepare to be impressed. My strategy is good old-fashioned asset allocation: I aim to keep a certain percentage of my portfolio in bitcoins; if the price goes up too much (increasing the value of my bitcoin holdings compared to other assets), I sell until I'm back at my "target"; if the price goes down, I buy for the same reason. The result of this strategy is that I sold a shit-tonne of coins during the April peak, and I'm up 74% since 1 April 2013. What do I win? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Blimey. You are The Man ..... so far ;-)
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"There is only one thing that is seriously morally wrong with the world, and that is politics. By 'politics' I mean all that, and only what, involves the State." Jan Lester "Escape from Leviathan"
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SheHadMANHands
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September 13, 2013, 11:40:11 PM |
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Bought at ~$90 (bitstamp), now at ~$128. Plan to hold for at least a few years, ideally. So why am I in the speculation sub forum?? ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) EDIT: ALMOST sold at ~$110 thinking the price would go down, with the intention to buy back. Would have been a big mistake (climbed straight to $130). Seems to me you have to have far more than a "hunch" to overcome the 1% total fee you're going to pay to sell and then buy back...
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Adrian-x
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September 14, 2013, 02:10:37 AM |
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Buy and hold + 3 or 4 strategic trades over the period. My ASIC GPU mining combo providing supplementary trickle coins.
It's hard to judge gains in quantifiable terms but feeling good.
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Thank me in Bits 12MwnzxtprG2mHm3rKdgi7NmJKCypsMMQw
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