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Question: Do you have a PLAN B?
No problem i´m SHORTING! - 12 (7.6%)
I have no PLAN as sub 100$ is never ever going to happen! - 29 (18.4%)
Sell if it get´s close to 200$ - 4 (2.5%)
Sell if it get´s close to 300$ - 6 (3.8%)
Buy more - 57 (36.1%)
Buy more if i could but can´t due to holding and being ALL-IN in BTC already - 12 (7.6%)
Hold........... - 23 (14.6%)
Probably Suicide! - 15 (9.5%)
Total Voters: 125

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Author Topic: IF BITCOIN GOES BELOW 100$  (Read 1886 times)
fonzie (OP)
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April 07, 2014, 01:51:22 PM
 #1

National holiday in China is soon over and we´re expectin bad news any time soon(few hours) also April 15th has been given as a deadline.
I would like to know if and how everyone is prepared if total chaos should enfold fast and we go below 100$ in the next week/months.

"To know death, Otto, you have to fuck life in the gallbladder"
www.hsbc.com  - The world´s local bank
"These FUDsters are insane egomaniacs that just want cheap BTC" - oblivi
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p0peji
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April 07, 2014, 01:52:37 PM
 #2

First vote  Grin
fonzie (OP)
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April 07, 2014, 01:53:08 PM
 #3

First vote  Grin

 Cool Wink

"To know death, Otto, you have to fuck life in the gallbladder"
www.hsbc.com  - The world´s local bank
"These FUDsters are insane egomaniacs that just want cheap BTC" - oblivi
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April 07, 2014, 01:54:13 PM
 #4

LOL

You are gonna look so incredibly stupid in a couple months Cool
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April 07, 2014, 02:42:53 PM
 #5

I remember a China deadline in december. Or was it january? Everybody was expecting a huge crash. Nothing happened.
fonzie (OP)
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April 07, 2014, 03:09:00 PM
 #6

The HODL sentiment is still strong in this forum.



"To know death, Otto, you have to fuck life in the gallbladder"
www.hsbc.com  - The world´s local bank
"These FUDsters are insane egomaniacs that just want cheap BTC" - oblivi
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April 07, 2014, 03:13:27 PM
 #7

I will HODL forever.
Equate
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April 07, 2014, 03:14:00 PM
 #8

Time to buy then
dandirk
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April 07, 2014, 03:16:29 PM
 #9

The HODL sentiment is still strong in this forum.


Your opinion is just as strong and based on a lot of your comments the exact same thing (just opposite).

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April 07, 2014, 03:18:57 PM
 #10

Bitcoin ship is sinking, pure POS is here
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April 07, 2014, 03:23:16 PM
 #11

I will hold my lazy 4 coins forever, and if still goes lower I might buy more, if I have money at the time...

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zzojar
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April 07, 2014, 04:41:15 PM
 #12

The HODL sentiment is still strong in this forum.




This guy has too many bitcoins in his boat hull.
ArticMine
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April 08, 2014, 12:18:43 AM
 #13

My strategy:

1) Hold for the bulk of my portfolio in BTC
2) Sell BTC CFDs on margin on a trigger below 380. Risk a small amount of fiat about 5% of my portfolio based on a BTC valuation of say 100 USD.
3) Ride the bear down to around 100 USD. Take profits in fiat.
4) Use  67% of fiat to buy BTC in the double digits. Add to my BTC holdings.
5) Save 33% of fiat to pay taxes and increase fiat position

On the rebound repeat above with long CFDs.

1) Hold for the bulk of my portfolio in BTC
2) Buy BTC CFDs on margin on an upward trigger. Risk a small amount of fiat about 5% of my portfolio based on a BTC valuation of say 100 USD.
3) Ride the bull up to the three or four digits BTC/USD. Take profits in fiat.
4) Use  33% of fiat to buy BTC in the triple or quadruple digits. Add to my BTC holdings.
5) Save 67% of fiat to pay taxes and increase fiat position.

Net result increase of both BTC and fiat positions.

I started buying BTC in late 2011 in the single digits, have already taken out my initial investment in fiat and have over 60% of my peak BTC left. Having said this while I would welcome the opportunity this would provide to increase my BTC holdings, I seriously doubt it will happen. 

Edit: My most painful BTC experience was two years ago watching BTC drop from 7 USD to 4 USD below my average cost. At the time I chose to hold.

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
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April 08, 2014, 12:32:24 AM
 #14

Suicide is the obvious choice here.
BitchImightbe
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April 08, 2014, 12:48:33 AM
 #15

Suicide is the obvious choice here.

People like you are the worst  Roll Eyes
p0peji
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April 08, 2014, 12:49:35 AM
 #16

Doubting if BTC will go down from here.
ArticMine
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April 08, 2014, 01:00:22 AM
 #17


People like you are the worst  Roll Eyes

+ 21000000

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
Arghhh
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April 08, 2014, 01:03:46 AM
 #18

If.
fonzie (OP)
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April 08, 2014, 09:29:49 AM
 #19

My strategy:

1) Hold for the bulk of my portfolio in BTC
2) Sell BTC CFDs on margin on a trigger below 380. Risk a small amount of fiat about 5% of my portfolio based on a BTC valuation of say 100 USD.
3) Ride the bear down to around 100 USD. Take profits in fiat.
4) Use  67% of fiat to buy BTC in the double digits. Add to my BTC holdings.
5) Save 33% of fiat to pay taxes and increase fiat position

On the rebound repeat above with long CFDs.

1) Hold for the bulk of my portfolio in BTC
2) Buy BTC CFDs on margin on an upward trigger. Risk a small amount of fiat about 5% of my portfolio based on a BTC valuation of say 100 USD.
3) Ride the bull up to the three or four digits BTC/USD. Take profits in fiat.
4) Use  33% of fiat to buy BTC in the triple or quadruple digits. Add to my BTC holdings.
5) Save 67% of fiat to pay taxes and increase fiat position.

Net result increase of both BTC and fiat positions.

I started buying BTC in late 2011 in the single digits, have already taken out my initial investment in fiat and have over 60% of my peak BTC left. Having said this while I would welcome the opportunity this would provide to increase my BTC holdings, I seriously doubt it will happen. 

Edit: My most painful BTC experience was two years ago watching BTC drop from 7 USD to 4 USD below my average cost. At the time I chose to hold.

Sounds like a perfect plan. Maybe you should take out a patent for your strategy and sell it to the faithful "only hodl" in here.

"To know death, Otto, you have to fuck life in the gallbladder"
www.hsbc.com  - The world´s local bank
"These FUDsters are insane egomaniacs that just want cheap BTC" - oblivi
serenitys
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April 09, 2014, 04:01:38 AM
 #20

If it goes below $100, I'm backing up the truck.

You say "anti government" like that's a bad thing...

Unfortunate times will bring out the best in good people and the worst in bad people
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