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Author Topic: ugh, timing the market isn't worth the trouble  (Read 2279 times)
Chief Satangkai
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November 16, 2013, 04:47:48 PM
 #21

Buy and hold is surely the best strategy but moderate day trading is also a way to connect to
the essence of Bitcoin. Just remember to regularly rebalance your portfolio. The coming weeks
will be easy - just buy all the coins you can get your hands on because the only way is up!
Beta-coiner1
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November 16, 2013, 05:40:19 PM
 #22

Mate, I've been guilty of trying this.. I know it's bad, I lose at it, yet I keep rolling the dice essentially gambling with my BTC.

Offline wallet is definitely the way to go. If I never played the trading game I'd be $35,000USD richer. I hate gambling, you'll never see me put down $100 on anything but poker at the casino. But for some reason I'm willing to throw away my BTC as soon as the lights start flashing on bitcoinity. In short I've got a gambling problem.

I hate it, because everytime I buy back in higher, it makes me more vulnerable to a drop, to the point where I might actually be losing money by holding BTC. I used to top up my BTC by depositing more money in, now at these rates I just can't afford to. $1k is only 2BTC! Ludicrous. My BTC is dwindling and I'll never make it back

Despite what you think, there's no way to predict what will happen.

Trading = Gambling

It's addictive. Don't do it. Buy and hold is the only way to go.


Lol,Many of us have been guilty of doing this but imagine doing it to 100 BTC trading for other virtual currencies.Buy and hold is great strategy but I think if there is solid information the price will tank sell and buy later.

ost_hash
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November 16, 2013, 05:45:52 PM
 #23

Don't try to surf the waves
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