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Author Topic: Charge!  (Read 848 times)
ermsam
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December 20, 2011, 04:46:43 AM
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Onward to victory! Whatever it may be!

http://static.guim.co.uk/sys-images/Guardian/Pix/pictures/2008/11/04/brigade460x276.jpg

Thoughts on will/when/where this rally will fizzle out (like all the others)
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bittenbob
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December 20, 2011, 04:49:16 AM
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This is a rally unlike I have seen since i started in bitcoin. Honestly this has me worried about a bit of a bubble and since all my funds are in USD now I am on the wrong side of the bubble.
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December 20, 2011, 04:49:46 AM
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This is a rally unlike I have seen since i started in bitcoin.

Same here.  I joined in August and finally feel like one of the April people Tongue

(BFL)^2 < 0
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December 20, 2011, 04:51:59 AM
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This is a rally unlike I have seen since i started in bitcoin.

Same here.  I joined in August and finally feel like one of the April people Tongue

welcome to the early adopter club!
RyNinDaCleM
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December 20, 2011, 04:54:38 AM
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This is a rally unlike I have seen since i started in bitcoin. Honestly this has me worried about a bit of a bubble and since all my funds are in USD now I am on the wrong side of the bubble.

I here ya! I sold a little early at $3.75. But, I managed to get back on at $3.67 right before it took off this last time. I almost missed it, and I would have sworn it was about to correct.

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December 20, 2011, 05:34:04 AM
 #6

Patience young grasshoppers.

I was here in April, so I know from experience that one can lose just as much by selling into real rallies as one can by buying into false ones.

Since I started, my overall performance hasn't been a whole lot better than the market.  I hope to do better this time.  

Best of luck.

College of Bucking Bulls Knowledge
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December 20, 2011, 06:10:22 AM
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This is a rally unlike I have seen since i started in bitcoin. Honestly this has me worried about a bit of a bubble and since all my funds are in USD now I am on the wrong side of the bubble.

I here ya! I sold a little early at $3.75. But, I managed to get back on at $3.67 right before it took off this last time. I almost missed it, and I would have sworn it was about to correct.

I don't mean to pry (although you've already made your position public), but have you sold yet to take your profits?

I always hear that new traders are afraid to cut losses and afraid to take profits.

Absolutely! I sold that batch at 4.47, got back on at 4.11, and sold those at 4.3. Then bought again. 50BTC profit today. I never withdraw profits. It all goes towards more BTC.

I've been trading here since July. I ain't afraid to win! I've also had some bad trades, and cut my losses. It's all part of the game.

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