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ScrapOfCat
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November 21, 2013, 12:27:21 AM
 #41
Quote from: BitcoinAshley on November 20, 2013, 01:04:53 PM
I am sure the people who bought at $250 in april felt the same as you at one point...


Absolutely.  It gets better  Smiley
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November 21, 2013, 01:04:32 AM
 #42
Quote from: smoothie on November 20, 2013, 10:05:00 AM
Quote from: DeathAndTaxes on November 20, 2013, 05:18:23 AM
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.

That's a silly rule.  During the run up I played "buy the all time high".  Each time we hit a new high, I bought and then sold 5-10% higher.  I made 60% in a week.
https://www.bitcoin.org/bitcoin.pdf
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November 21, 2013, 01:09:38 AM
 #43
Absolutely agree, who wouldn't have liked to buy at 1.1, 32, 266 when they were broken through?

When it reaches that alltime high it set a long time ago and breaks through, there is a very good chance the momentum will lead it much further. Otherwise it would never have broken it in the first place!
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November 21, 2013, 01:13:25 AM
 #44
Quote from: Blitz­ on November 21, 2013, 01:09:38 AM
Absolutely agree, who wouldn't have liked to buy at 1.1, 32, 266 when they were broken through?

When it reaches that alltime high it set a long time ago and breaks through, there is a very good chance the momentum will lead it much further. Otherwise it would never have broken it in the first place!

These are the only exceptions to the rule actually.
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