Bitcoin Forum
November 23, 2017, 09:09:33 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 2 3 [4] 5 6 7 »  All
  Print  
Author Topic: sold at $600. what to do?  (Read 7157 times)
adamstgBit
Legendary
*
Offline Offline

Activity: 1904


Trusted Bitcoiner


View Profile WWW
November 22, 2013, 08:34:29 PM
 #61

worst case scenario we paint a cup and handle.

buy with me at the bottom of the cup

don't worry i will be yelling loud and clear when its time to buy.

1511471373
Hero Member
*
Offline Offline

Posts: 1511471373

View Profile Personal Message (Offline)

Ignore
1511471373
Reply with quote  #2

1511471373
Report to moderator
Join ICO Now Coinlancer is Disrupting the Freelance marketplace!
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1511471373
Hero Member
*
Offline Offline

Posts: 1511471373

View Profile Personal Message (Offline)

Ignore
1511471373
Reply with quote  #2

1511471373
Report to moderator
1511471373
Hero Member
*
Offline Offline

Posts: 1511471373

View Profile Personal Message (Offline)

Ignore
1511471373
Reply with quote  #2

1511471373
Report to moderator
1511471373
Hero Member
*
Offline Offline

Posts: 1511471373

View Profile Personal Message (Offline)

Ignore
1511471373
Reply with quote  #2

1511471373
Report to moderator
Coinseeker
Sr. Member
****
Offline Offline

Activity: 252



View Profile
November 22, 2013, 08:40:49 PM
 #62

I don't think the Bitcoin naysayers understand the massive financial/currency/asset markets that exist *now.  

In real terms, Bitcoin has not even dipped its tiny toe into the global financial pool.  When it does, you'll be
kicking yourself at how cheap $600 per Bitcoin was.  Bitcoin will probably be trading as mBTC and one millibitcoin
will be worth $100.00.

In the past I would have called a comment like this delusional.  Now, I'm wondering why you're lowballing my BTC value.   Grin

If your ignore button isn't glowing, you're doing it wrong.
adamstgBit
Legendary
*
Offline Offline

Activity: 1904


Trusted Bitcoiner


View Profile WWW
November 22, 2013, 08:43:50 PM
 #63

I don't think the Bitcoin naysayers understand the massive financial/currency/asset markets that exist *now. 

In real terms, Bitcoin has not even dipped its tiny toe into the global financial pool.  When it does, you'll be
kicking yourself at how cheap $600 per Bitcoin was.  Bitcoin will probably be trading as mBTC and one millibitcoin
will be worth $100.00.


we all know this, this is what makes it hard to sell the tiniest amounts of bitcoin even after a 1000% jump

Rampion
Legendary
*
Offline Offline

Activity: 1106


View Profile
November 22, 2013, 08:45:01 PM
 #64

I don't think the Bitcoin naysayers understand the massive financial/currency/asset markets that exist *now.  

In real terms, Bitcoin has not even dipped its tiny toe into the global financial pool.  When it does, you'll be
kicking yourself at how cheap $600 per Bitcoin was.  Bitcoin will probably be trading as mBTC and one millibitcoin
will be worth $100.00.

In the past I would have called a comment like this delusional.  Now, I'm wondering why you're lowballing my BTC value.   Grin

You are slow man, it really took you a looong time to understand. No offense intended, but the enormous potential of BTC was like the third thing (after decentralized + trustless) that got my attention. That happened like in the first 10 minutes of reading about it Cheesy Cheesy Cheesy

glendall
Hero Member
*****
Offline Offline

Activity: 938


View Profile
November 22, 2013, 08:57:22 PM
 #65

Selling at 600 isn't that bad at all !

I sold most of mine around 230 I think it was, didn't see this bubble happening. 

Be happy you got out at 600, it's been 500-550 so hey it's easy to get make in and you made 10%+ profit.
Coinseeker
Sr. Member
****
Offline Offline

Activity: 252



View Profile
November 22, 2013, 08:59:28 PM
 #66


You are slow man, it really took you a looong time to understand. No offense intended, but the enormous potential of BTC was like the third thing (after decentralized + trustless) that got my attention. That happened like in the first 10 minutes of reading about it Cheesy Cheesy Cheesy

Better late than never, huh?   Grin  Nothing like $900 BTC values to open ones eyes.   Wink

Truth is, I didn't really know enough at that time to grasp it all.  I had no idea about our monetary system, I had no idea why decentralized even mattered so, it really became a battle against ideology and not the tech.  As I've learned Ripple, I've learned more about the whole crypto-space.  I've learned tons about our failing global monetary system, what the bills in my wallet really are and the list goes on.  From that I realize that this is all really important.  Whether it will be Bitcoin or something like it, the truth is we have to do something.  

The straw for me was I watched a video of Erik Voorhees talking about Bitcoin and during a Q&A at the end, I come to find that he's a Democrat, not a Libertarian.  Now I'm not a Democrat but it really changed my perspective on the whole Bitcoin thing. Without the political crap, Bitcoin is much more appealing to me.  Probably shouldn't have judged all of Bitcoin, on a handful of random forum avatars.   Undecided   Oh well, I was at least smart enough to keep some BTC close at hand, just in case I was wrong.   Shocked

If your ignore button isn't glowing, you're doing it wrong.
windjc
Legendary
*
Offline Offline

Activity: 1400


View Profile
November 22, 2013, 08:59:53 PM
 #67

Of course it's not the time to sell, but also not to buy back.

If it's going to the moon, does it really matters if he bought the coins @ 760 or 850$ ?
No, it doesn't.

You all "believe" in bitcoin, so you are not for the short term profit -> doesn't really matter when you buy


But why take the risk in such a situation? It looks like a double top in all other exchanges then bitstamp.

No it doesn't. You obviously dont know how to read charts. Nor do you know what happened in March.

If you haven't heard about what is happening with GAME, check it out.  It's revolutionizing gaming. https://bitcointalk.org/index.php?topic=1266597.0
bitmarket.io
Legendary
*
Offline Offline

Activity: 1190



View Profile WWW
November 22, 2013, 09:07:19 PM
 #68

@OP When I make an investment I assume that money is forever gone. Reduced to zero. And I try to forget it and work on collecting more money going forward, occasionally peaking taking a peak at the growth of my investment. This helps. Temptation is a bitch. And when it gets ahold of you and you sell, you're gonna regret it.
Ibian
Legendary
*
Offline Offline

Activity: 1442


View Profile
November 22, 2013, 09:07:41 PM
 #69

Selling at 600 isn't that bad at all !

I sold most of mine around 230 I think it was, didn't see this bubble happening. 

Be happy you got out at 600, it's been 500-550 so hey it's easy to get make in and you made 10%+ profit.
Stop calling it a bubble :/ Years from now it will be clear that the blackboard guy was right all along. We are in the very early stages of an s-curve. There is no bubble, only a steep rise and then a plateau ahead.

There is no bubble.
CryptStorm
Full Member
***
Offline Offline

Activity: 126


View Profile
November 22, 2013, 09:16:54 PM
 #70

Selling at 600 isn't that bad at all !

I sold most of mine around 230 I think it was, didn't see this bubble happening.  

Be happy you got out at 600, it's been 500-550 so hey it's easy to get make in and you made 10%+ profit.
Stop calling it a bubble :/ Years from now it will be clear that the blackboard guy was right all along. We are in the very early stages of an s-curve. There is no bubble, only a steep rise and then a plateau ahead.

I'm in the same boat with the OP, so here's where I am with it:

IF the price attacks that $778 Gox resistance point and cracks through, I will buy back in, and likely it will charge forward due to momentum (to 1k or more, who knows).

However, I don't see where the momentum is going to come from? Just the facts across distinct categories:
1) The news storm is drying up and everyone is back to (t)werk; (COMPOSITE DATA)
2) We are way ahead of the trend line (no matter how you slice it); here's one reasonable way--
    --the 1 day chart shows Parabolic SARs are pushing us back down hard (PRICE DATA);
4) The ARMS Ease of Movement is heading back towards zero very quickly (above is bull, below bear) (VOLUME DATA);
5) Volatility is decreasing as we normalize (downwards-- and for the moment, gently) (VOLATILITY DATA)
6) The Senate hearing has clearly been priced in (perhaps this is more composite data, perhaps a BUSINESS FUNDAMENTAL (it's legal))

So, there you are. Set a bitcoinreminder for 790 and one for 600, and 500 and wait.  Smiley

Someday, I will have an avatar, maybe.
Ibian
Legendary
*
Offline Offline

Activity: 1442


View Profile
November 22, 2013, 09:26:47 PM
 #71

Selling at 600 isn't that bad at all !

I sold most of mine around 230 I think it was, didn't see this bubble happening.  

Be happy you got out at 600, it's been 500-550 so hey it's easy to get make in and you made 10%+ profit.
Stop calling it a bubble :/ Years from now it will be clear that the blackboard guy was right all along. We are in the very early stages of an s-curve. There is no bubble, only a steep rise and then a plateau ahead.

I'm in the same boat with the OP, so here's where I am with it:

IF the price attacks that $778 Gox resistance point and cracks through, I will buy back in, and likely it will charge forward due to momentum (to 1k or more, who knows).

However, I don't see where the momentum is going to come from? Just the facts across distinct categories:
1) The news storm is drying up and everyone is back to (t)werk; (COMPOSITE DATA)
2) We are way ahead of the trend line (no matter how you slice it); here's one reasonable way--
    --the 1 day chart shows Parabolic SARs are pushing us back down hard (PRICE DATA);
4) The ARMS Ease of Movement is heading back towards zero very quickly (above is bull, below bear) (VOLUME DATA);
5) Volatility is decreasing as we normalize (downwards-- and for the moment, gently) (VOLATILITY DATA)
6) The Senate hearing has clearly been priced in (perhaps this is more composite data, perhaps a BUSINESS FUNDAMENTAL (it's legal))

So, there you are. Set a bitcoinreminder for 790 and one for 600, and 500 and wait.  Smiley
It was in the 500s TWO DAYS AGO. Don't wait, it's not going to stop, not with the chinese dragging the price up and the recent positive senate hearings.

There is no bubble.
windjc
Legendary
*
Offline Offline

Activity: 1400


View Profile
November 22, 2013, 09:35:38 PM
 #72

Selling at 600 isn't that bad at all !

I sold most of mine around 230 I think it was, didn't see this bubble happening.  

Be happy you got out at 600, it's been 500-550 so hey it's easy to get make in and you made 10%+ profit.
Stop calling it a bubble :/ Years from now it will be clear that the blackboard guy was right all along. We are in the very early stages of an s-curve. There is no bubble, only a steep rise and then a plateau ahead.

I'm in the same boat with the OP, so here's where I am with it:

IF the price attacks that $778 Gox resistance point and cracks through, I will buy back in, and likely it will charge forward due to momentum (to 1k or more, who knows).

However, I don't see where the momentum is going to come from? Just the facts across distinct categories:
1) The news storm is drying up and everyone is back to (t)werk; (COMPOSITE DATA)
2) We are way ahead of the trend line (no matter how you slice it); here's one reasonable way--
    --the 1 day chart shows Parabolic SARs are pushing us back down hard (PRICE DATA);
4) The ARMS Ease of Movement is heading back towards zero very quickly (above is bull, below bear) (VOLUME DATA);
5) Volatility is decreasing as we normalize (downwards-- and for the moment, gently) (VOLATILITY DATA)
6) The Senate hearing has clearly been priced in (perhaps this is more composite data, perhaps a BUSINESS FUNDAMENTAL (it's legal))

So, there you are. Set a bitcoinreminder for 790 and one for 600, and 500 and wait.  Smiley

1. Nope. Its continuing. Maybe gaining momentum.
2. Yep. But not nearly as far past it as the bubble in 2011.
3. Just 1 signal among dozens. RSI for instance is very bullish.
4. Consolidating near highs. Exchanges evening out. Bullish news.
5. No way.  New deposits tend to lag news by about 1-2 weeks.

We are going to have 1 more awesome, mind blowing leg up. We will consolidate and work our way through several layers of resistance to 1000 in the next handful of days. Then we will blow up through 1000 and China will race towards 10k CYN, or $1630.   We might not make it there, but its going to be total chaos.

If you haven't heard about what is happening with GAME, check it out.  It's revolutionizing gaming. https://bitcointalk.org/index.php?topic=1266597.0
davider
Jr. Member
*
Offline Offline

Activity: 56


View Profile WWW
November 22, 2013, 09:38:11 PM
 #73

Google trend is going down a bit:
http://www.google.com/trends/explore?q=bitcoin#q=buy%20bitcoin&date=today%203-m&cmpt=date
adamstgBit
Legendary
*
Offline Offline

Activity: 1904


Trusted Bitcoiner


View Profile WWW
November 22, 2013, 09:41:43 PM
 #74


are there still poeple that don't know a tiny percentage of the poeple on the internet are bitcoiners?

really?

davider
Jr. Member
*
Offline Offline

Activity: 56


View Profile WWW
November 22, 2013, 09:44:42 PM
 #75

Sorry I didn't understand your comment. The graph is relative to the search term "buy bitcoin".
Paladin69
Hero Member
*****
Offline Offline

Activity: 784


View Profile
November 22, 2013, 09:46:17 PM
 #76

Pulled my trading play money out at 764.  Things seem calm and the dad cat seems to have bounced off the ground once...we'll see what happens...
wopwop
Sr. Member
****
Offline Offline

Activity: 252



View Profile
November 22, 2013, 09:46:52 PM
 #77


are there still poeple that don't know a tiny percentage of the poeple on the internet are bitcoiners?

really?

Sorry I didn't understand your comment. The graph is relative to the search term "buy bitcoin".
he means you should buy because till now every time the price of bitcoin went down it went up again later so this means it will go up in the future, brilliant eh?

but he's right there's still sheeple to convince in the world that we can make money off Smiley
crazy_rabbit
Legendary
*
Offline Offline

Activity: 1176


RUM AND CARROTS: A PIRATE LIFE FOR ME


View Profile
November 22, 2013, 09:48:48 PM
 #78


I suspect now is the time when Bitcoin will start to be driven by companies building on top of bitcoin. But remember, there is a great deal of world out there we need to bring the gospel of bitcoin to. Not just the states.

more or less retired.
geraFoerra
Member
**
Offline Offline

Activity: 117


View Profile
November 22, 2013, 09:48:52 PM
 #79

1) The news storm is drying up and everyone is back to (t)werk; (COMPOSITE DATA)

Nope, it took me 2 months before I put money in. The demand peak might be 2 weeks from now probably
CryptStorm
Full Member
***
Offline Offline

Activity: 126


View Profile
November 22, 2013, 09:52:25 PM
 #80

Selling at 600 isn't that bad at all !

I sold most of mine around 230 I think it was, didn't see this bubble happening.  

Be happy you got out at 600, it's been 500-550 so hey it's easy to get make in and you made 10%+ profit.
Stop calling it a bubble :/ Years from now it will be clear that the blackboard guy was right all along. We are in the very early stages of an s-curve. There is no bubble, only a steep rise and then a plateau ahead.

I'm in the same boat with the OP, so here's where I am with it:

IF the price attacks that $778 Gox resistance point and cracks through, I will buy back in, and likely it will charge forward due to momentum (to 1k or more, who knows).

However, I don't see where the momentum is going to come from? Just the facts across distinct categories:
1) The news storm is drying up and everyone is back to (t)werk; (COMPOSITE DATA)
2) We are way ahead of the trend line (no matter how you slice it); here's one reasonable way--
    --the 1 day chart shows Parabolic SARs are pushing us back down hard (PRICE DATA);
4) The ARMS Ease of Movement is heading back towards zero very quickly (above is bull, below bear) (VOLUME DATA);
5) Volatility is decreasing as we normalize (downwards-- and for the moment, gently) (VOLATILITY DATA)
6) The Senate hearing has clearly been priced in (perhaps this is more composite data, perhaps a BUSINESS FUNDAMENTAL (it's legal))

So, there you are. Set a bitcoinreminder for 790 and one for 600, and 500 and wait.  Smiley

1. Nope. Its continuing. Maybe gaining momentum.
2. Yep. But not nearly as far past it as the bubble in 2011.
3. Just 1 signal among dozens. RSI for instance is very bullish.
4. Consolidating near highs. Exchanges evening out. Bullish news.
5. No way.  New deposits tend to lag news by about 1-2 weeks.

We are going to have 1 more awesome, mind blowing leg up. We will consolidate and work our way through several layers of resistance to 1000 in the next handful of days. Then we will blow up through 1000 and China will race towards 10k CYN, or $1630.   We might not make it there, but its going to be total chaos.

Hey windjc,

I like your posts, usually, but I'm trying to look at the data. So:
1) How do you figure the news storm is increasing? We were the #3 Google Hot Trend a couple of days ago, nothing greater since.
2) OK...
3) RSI is a trend indicator that shows both strength and weakness, depending on the window-- if it wasn't clear I'm looking at the 1 Day.
4) I'd like to have better data for volume-- definitely. I'm just looking at Gox for ARMS and then the total volume across as a number (useless?)
5) Deposits and news do not bear on volatility-- be careful to not take multiple signals from data sources you've factored.

HOWEVER: I sure hope you are right and we bust through to 790-800... because, THEN, we totally agree...  Grin

EDIT: The opportunity cost from buying in at 775 vs 800 is too great compared to the risk it slides downwards. The gains above 800, if we break through, will be worth the difference between 775 and 800. So, I stand by my 'wait and watch (carefully).'

2nd EDIT: Look at it this way, if it dives back to 350, the guy doubles his count. He should then cold store his coins, based on the fact that they will be worth 10-300K in several years. If not, and it goes up, he has a reminder to get in, in which case he should cold store his coins and multiply his count x 10-300K USD. You must think long term with this monster. (And, now, I'm talking to me.)

Someday, I will have an avatar, maybe.
Pages: « 1 2 3 [4] 5 6 7 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!