I always buy at the wrong time....

[suukool]

Bought at a good 700$ and it's now 470 and correcting. Agh Whyyyyy.
I always get screwed over, Do you think it's gonna spike again, There's been so
much good news coverage! What's happening?

[1714120251]

1714120251

[1714120251]

1714120251

[Mike Christ]

Never know; in the long run, it's likely to be worth far more than that.  It could also crash to nothing.  There's really no wrong time to buy, so long as you're saving, so don't fret about the price much.

[DeathAndTaxes]

Rule #1) Never buy all at once.
Rule #2) Never sell all at once.
Rule #3) Never sell all your coins.

 

[Marbit]

yeah the real problem is selling at the wrong time. i've done that too many times, and over time it ha become much more stressful to risk losing btc by selling and hoping for a drop

[freedomno1]

Rule #1) Never buy all at once.
Rule #2) Never sell all at once.
Rule #3) Never sell all your coins.

  

Rule #4 lower priority Run away with capital and invest only on profit
Should be possible if the price rises high enough from 250 to 750 to maybe some day 1500
Don't worry it'll get there someday too

[2double0]

Rule #1) Never buy all at once.
Rule #2) Never sell all at once.
Rule #3) Never sell all your coins.

 

Ill keep this in mind!

[GeniuSxBoY]

The bigger the risk, the bigger the reward.
The bigger the risk, the higher probability you'll lose.
Keep that in mind, too.

[Elwar]

I have lost more bitcoins trying to time the market than anything.

I was going to try to time the crash this time but started running into the same uncertain market conditions as usual.

It went well in March when I just held through the whole madness. I have returned all of my BTC to my wallet and will continue to hold through this madness.

[laowai80]

Bought at a good 700$ and it's now 470 and correcting. Agh Whyyyyy.
I always get screwed over, Do you think it's gonna spike again, There's been so
much good news coverage! What's happening?

Just hold it, better get away from watching price charts for a week or two, we all should do the same )
That will save you some money and some sleep hours.

[Mirsad]

Only gained 30% from panic sellers. Could be more with better placed bids 
Expected to drop more @ gox eu ... bitstamp was much better. 50% discount = double your coins and repeat with dead cat bounce

[lambdaE]

I have lost more bitcoins trying to time the market than anything.

I was going to try to time the crash this time but started running into the same uncertain market conditions as usual.

It went well in March when I just held through the whole madness. I have returned all of my BTC to my wallet and will continue to hold through this madness.

Bottom and Top picking is a dirty business.

In fact it is impossible to predict. Thats why spread your buy/sell orders

[Rodyland]

Rule #1) Never buy all at once.
Rule #2) Never sell all at once.
Rule #3) Never sell all your coins.

 

Rule #4) Never invest more than you can afford to lose

[coinpr0n]

I should've sold on the bounce back up, but didn't. IMO it's gonna keep going down.

[smoothie]

Rule #1) Never buy all at once.
Rule #2) Never sell all at once.
Rule #3) Never sell all your coins.

 

Rule #4) Never buy at an all time high...well mostly. Wait for pullbacks.

[Dargumin]

Rule 1) Set a price you want to buy/sell at
Rule 2) Wait a full 24 hours to see if you can land it.  The amount of time I lost my nerve and changed my targets within minutes of my original ones is shocking, and on 90% I'd have got the prices I wanted if I held my nerve.

[sonofliberty]

Bought at a good 700$ and it's now 470 and correcting. Agh Whyyyyy.
I always get screwed over, Do you think it's gonna spike again, There's been so
much good news coverage! What's happening?

That's exactly the problem here. If something is all over the news, you are too late!
But don't worry, it's gonna rise again.

[disclaimer201]

Rule #1) Never buy all at once.
Rule #2) Never sell all at once.
Rule #3) Never sell all your coins.

  

Rule #4) Never buy at an all time high...well mostly. Wait for pullbacks.

It's so funny to see how greed eats brains in an accelerating manner once the price keeps rising.

Rule #17 If it looks, smells, and tastes too good to be true - it probably is. (Another rule people forget in 6 months once they are promised 7+% interest)

[600watt]

Bought at a good 700$ and it's now 470 and correcting. Agh Whyyyyy.
I always get screwed over, Do you think it's gonna spike again, There's been so
much good news coverage! What's happening?

we ALL know how that feels. don´t listen to the guys who claim to do everything in the most profitable way. chances are they fail also.

btc price will rise anyway in the long run. the people that bought on top of the april bubble are good now. they had to wait 6 months. if it really works out bad, you have to wait until may 2014. just don´t sell em.

[Mirsad]

What can you do wrong, if you sell on the way up and buy on the way down?

You won't get maximum profit, but you'll never lose until bitcoin goes to zero.

[disclaimer201]

What can you do wrong, if you sell on the way up and buy on the way down?

You won't get maximum profit, but you'll never lose until bitcoin goes to zero.

What CAN go wrong is that bitcoin might no longer go below a certain price and you sold out all coins before it went to say 2000$.