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Poll
Question: I mostly ...
Buy low, sell high - 46 (33.1%)
Buy high, sell low - 32 (23%)
I never sell - 61 (43.9%)
Total Voters: 139

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Author Topic: Please tell the truth  (Read 2181 times)
Pokerfan
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September 14, 2013, 01:56:22 PM
 #21

Sell your fiat currency and never look back Smiley
BitChick
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September 14, 2013, 03:05:36 PM
 #22

I don't think I have the nerves of steel required to day-trade. I tried it a couple times with a very small amount of BTC but it never worked out for me.  I just buy and hold.  I can't say I have bought all of mine really low though.  Oh well. 

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September 14, 2013, 03:40:30 PM
 #23

I mostly just buy and hold, but with the few coins I've traded, I've come out ahead.

This was done during the bubble inflation last spring by anticipating dDOS attacks by placing asks just beyond what normal growth should have taken it, then immediately placing bids just low enough to be met with the panic from the ensuing dDOS attack. Of course that doesn't work any more.

Now I use mainly whale anticipation. I had an ask at 149.9999 when a whale buy brought it close. After it fell back and stalled at 144, I moved it to 159.9999 where it sits for now. If it had been met at 149.9999 I would have bid at 138.0001 and been back in within days.

My last actual sell was at 165 during the dead cat bounce and I bought back at 97 about a week later. Since then I bought some more, also at 97 coincidentally.

Since I trade rarely and mostly hoard, I voted "I never sell".
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September 14, 2013, 10:41:48 PM
 #24

i mostly sell high and buy higher

This is equivalent to buy high sell low if one uses BTC as the base currency. In short one is buying CAD high and then selling CAD low for BTC.

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
naphto
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September 15, 2013, 12:23:55 PM
 #25

I never sell    - 48 (43.2%)
   



And still, the price is not skyrocketing with most people never selling Tongue
DiamondCardz
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September 15, 2013, 09:03:34 PM
 #26

I don't really sell, I just buy and spend a little.

BA Computer Science, University of Oxford
Dissertation was about threat modelling on distributed ledgers.
BitChick
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September 15, 2013, 10:18:57 PM
 #27

I never sell    - 48 (43.2%)
   



And still, the price is not skyrocketing with most people never selling Tongue

There are obviously some people selling out there. Wink 

But if even more were holding, that is when the price would really skyrocket.  There will always be a price someone is willing to sell at though.

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September 16, 2013, 01:04:05 AM
 #28

There are obviously some people selling out there. Wink 

For if there are no sellers, there can also be no buyers!

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mgio
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September 16, 2013, 01:57:58 AM
 #29

I only sell bitcoins. Where is that option?
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