Bitcoin Forum
November 18, 2024, 04:52:00 AM *
News: Check out the artwork 1Dq created to commemorate this forum's 15th anniversary
 
   Home   Help Search Login Register More  
Pages: [1] 2 3 4 »  All
  Print  
Author Topic: I've cashed out but this is not the end.  (Read 5465 times)
DavidZ (OP)
Newbie
*
Offline Offline

Activity: 56
Merit: 0


View Profile WWW
December 21, 2013, 03:21:45 AM
 #1

I've cashed out but this is not the end.

If one examines the one day chart of btc at http://bitcoinwisdom.com/markets/btce/btcusd one can clearly see that we are in the midst of a steep multi-day down-trend. There are still opportunities for profit for day traders but I will be having a break from that for a while.
Dafar
Legendary
*
Offline Offline

Activity: 1330
Merit: 1000


dafar consulting


View Profile
December 21, 2013, 03:26:19 AM
 #2

Dont be a little pussycat.  If ur out dont ever return. Get rich or die tryin




███████████
███████████████
█████████████████████
█████████████████████████
█████████████████████████████████
██████████████████████████████████
██████████████████████████████████████
███████████████░████░░███████████████████
██████████████░░█░░█░█░░█░░██████████████
██████████████░░█░░█░█░░█░███████████████
█████████████████████████████████████████
███████████▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀████████████
██████████████████████████████████
█████████████████████████████████
█████████████████████████
█████████████████████
███████████████
██████████
|
|
|
damiano
Legendary
*
Offline Offline

Activity: 1246
Merit: 1000


103 days, 21 hours and 10 minutes.


View Profile
December 21, 2013, 03:33:59 AM
 #3

I'm all fiat with a small position short

This weekend will be interesting
jojo69
Legendary
*
Offline Offline

Activity: 3360
Merit: 4663


diamond-handed zealot


View Profile
December 21, 2013, 03:36:17 AM
 #4

WHOA!!

guy with 19 posts, been here 6 weeks is bailing

STOP THE PRESSES!!!

SELL! SELL! SELL!

This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable.
Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
DavidZ (OP)
Newbie
*
Offline Offline

Activity: 56
Merit: 0


View Profile WWW
December 21, 2013, 03:36:37 AM
 #5

Dont be a little pussycat.  If ur out dont ever return. Get rich or die tryin

Idiotic, emotive argument.
adamstgBit
Legendary
*
Offline Offline

Activity: 1904
Merit: 1037


Trusted Bitcoiner


View Profile WWW
December 21, 2013, 03:36:42 AM
 #6

 Cheesy

DavidZ (OP)
Newbie
*
Offline Offline

Activity: 56
Merit: 0


View Profile WWW
December 21, 2013, 03:39:20 AM
 #7

WHOA!!

guy with 19 posts, been here 6 weeks is bailing

STOP THE PRESSES!!!

SELL! SELL! SELL!

So all the way up to the moon from here then?  Roll Eyes
Okurkabinladin
Hero Member
*****
Offline Offline

Activity: 574
Merit: 506



View Profile
December 21, 2013, 03:40:31 AM
 #8

WHOA!!

guy with 19 posts, been here 6 weeks is bailing

STOP THE PRESSES!!!

SELL! SELL! SELL!

So one´s background in trading is now judged upon amount of time spent on Bitcointalk? You´d make lovable financial advisor.
jojo69
Legendary
*
Offline Offline

Activity: 3360
Merit: 4663


diamond-handed zealot


View Profile
December 21, 2013, 03:44:46 AM
 #9


So one´s background in trading is now judged upon amount of time spent on Bitcointalk? You´d make lovable financial advisor.

not in the least, but those of us who have been around here for a while have been through this umpteen times, there are just more zeroes after the numbers now

in percentage terms this "crash" is small potatoes compared to the rollercoaster we have ridden these last few years

yawn, wake me up when we break 1K again

edit/ and to the OP, far as I'm concerned, this IS the moon, next stop moons of Jupiter, who knows when

This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable.
Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
DavidZ (OP)
Newbie
*
Offline Offline

Activity: 56
Merit: 0


View Profile WWW
December 21, 2013, 03:49:14 AM
 #10


So one´s background in trading is now judged upon amount of time spent on Bitcointalk? You´d make lovable financial advisor.

not in the least, but those of us who have been around here for a while have been through this umpteen times, there are just more zeroes after the numbers now

in percentage terms this "crash" is small potatoes compared to the rollercoaster we have ridden these last few years

yawn, wake me up when we break 1K again

That could be 2 - 3 months from now and this could bottom sub 100.
jojo69
Legendary
*
Offline Offline

Activity: 3360
Merit: 4663


diamond-handed zealot


View Profile
December 21, 2013, 03:52:41 AM
 #11


That could be 2 - 3 months from now and this could bottom sub 100.

and? ...

whoop de do

we went from the unbelievably vertigo inducing price of $32...

to $3

so $100 would be meh, not that I expect it to go much under $400 really

This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable.
Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
windjc
Legendary
*
Offline Offline

Activity: 2156
Merit: 1070


View Profile
December 21, 2013, 03:52:52 AM
 #12


So one´s background in trading is now judged upon amount of time spent on Bitcointalk? You´d make lovable financial advisor.

not in the least, but those of us who have been around here for a while have been through this umpteen times, there are just more zeroes after the numbers now

in percentage terms this "crash" is small potatoes compared to the rollercoaster we have ridden these last few years

yawn, wake me up when we break 1K again

That could be 2 - 3 months from now and this could bottom sub 100.

I thought you left. Why are you still here?
DavidZ (OP)
Newbie
*
Offline Offline

Activity: 56
Merit: 0


View Profile WWW
December 21, 2013, 04:04:23 AM
 #13


That could be 2 - 3 months from now and this could bottom sub 100.

and? ...

whoop de do

we went from the unbelievably vertigo inducing price of $32...

to $3

so $100 would be meh, not that I expect it to go much under $400 really

So if you sold now and bought back in at $400 you would then own %50 more bitcoin than you have now.
jojo69
Legendary
*
Offline Offline

Activity: 3360
Merit: 4663


diamond-handed zealot


View Profile
December 21, 2013, 04:07:13 AM
 #14


That could be 2 - 3 months from now and this could bottom sub 100.

and? ...

whoop de do

we went from the unbelievably vertigo inducing price of $32...

to $3

so $100 would be meh, not that I expect it to go much under $400 really

So if you sold now and bought back in at $400 you would then own %50 more bitcoin than you have now.

yeah, I have tried that in the past and have less coin to show for it, this market can move against you with a lethal vengeance, trust me

now I dabble with maybe 10% just for fun, usually manage to break even

but hey, obviously you are a trading prodigy who can beat the market, best of luck to you

This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable.
Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
RHCwebhosting
Newbie
*
Offline Offline

Activity: 51
Merit: 0



View Profile
December 21, 2013, 06:01:45 AM
 #15

I SODL at $500

Fiat is king until I can buy back at $400  Grin
Elwar
Legendary
*
Offline Offline

Activity: 3598
Merit: 2386


Viva Ut Vivas


View Profile WWW
December 21, 2013, 07:12:20 AM
 #16

I cashed out most of my fiat since this downturn.

I still have about 10% fiat that I need to cash out so I can walk away and come back later.

First seastead company actually selling sea homes: Ocean Builders https://ocean.builders  Of course we accept bitcoin.
TERA
Hero Member
*****
Offline Offline

Activity: 728
Merit: 500



View Profile
December 21, 2013, 07:13:09 AM
 #17

I cashed out most of my fiat since this downturn.

I still have about 10% fiat that I need to cash out so I can walk away and come back later.
Why cash out specifically? Are you so bearish you think the exchange system is going to fall apart or start stealing too?
Elwar
Legendary
*
Offline Offline

Activity: 3598
Merit: 2386


Viva Ut Vivas


View Profile WWW
December 21, 2013, 07:17:57 AM
 #18

I cashed out most of my fiat since this downturn.

I still have about 10% fiat that I need to cash out so I can walk away and come back later.
Why cash out specifically? Are you so bearish you think the exchange system is going to fall apart or start stealing too?

I prefer to have all of my money safe, so I feel a lot safer when I cash out all of my money into cold storage.

First seastead company actually selling sea homes: Ocean Builders https://ocean.builders  Of course we accept bitcoin.
Xiaoxiao
Legendary
*
Offline Offline

Activity: 1274
Merit: 1000

The Golden Rule Rules


View Profile
December 21, 2013, 07:19:44 AM
 #19

https://www.youtube.com/watch?v=gx7JRXXcGOE
samsam
Newbie
*
Offline Offline

Activity: 42
Merit: 0


View Profile
December 21, 2013, 07:26:08 AM
 #20

I've cashed out but this is not the end.

If one examines the one day chart of btc at http://bitcoinwisdom.com/markets/btce/btcusd one can clearly see that we are in the midst of a steep multi-day down-trend. There are still opportunities for profit for day traders but I will be having a break from that for a while.

Cashing out makes a lot of sense right now.
Pages: [1] 2 3 4 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!