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Author Topic: open your eyes  (Read 3437 times)
Mervyn_Pumpkinhead
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April 10, 2014, 01:00:36 PM
 #61

At this point I don't care about catching the bottom. I cared whether I had bought the bottom when I bought 700, and then 600, and then 500. But at 400 and below it doesn't matter to me.  At this point I only care that my eventual rebuy price (if i rebuy) is lower than the price now, and that is most likely to be true. It's too risky to try to bottom fish or to hold fiat on exchanges for more months. Getting a price significantly above bottom is fine if it eliminates risk factors and allows the funds to be used for something else productive in the meantime. There may be an entire 6 month rally to recover from 200 to 350 before my 1W signal is given. But by that time, I may have increased my funds by a factor of 10 in forex/stock trading and business ventures.

Indeed, I also don't care anymore where the bottom is. Shorting bitcoin the past couple of weeks has given me good profits to be content enough not to easily fall for bull traps. I'll just let others decide where the bottom is.

Smart move.
The desperate fools and the manipulators who want to dump at a better price, want you to believe that the bottom won't last long, so everyone would panic buy to "get cheaper coins". But actually, when the real bottom is met, then everyone will have a month or more to buy at the bottom.


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btcxyzzz
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April 10, 2014, 03:48:02 PM
 #62

These kind of posts make me only say. Watch out - next bubble is coming. And Bitcoin will go like 15x then, because Bitcoin is far far from what it should become. We just started adopting it. My fiat is waiting for the bottom, and I refuse to believe it will be under 270$ because it's not natural.

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bitcoinsrus
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April 10, 2014, 03:51:59 PM
 #63

These kind of posts make me only say. Watch out - next bubble is coming. And Bitcoin will go like 15x then, because Bitcoin is far far from what it should become. We just started adopting it. My fiat is waiting for the bottom, and I refuse to believe it will be under 270$ because it's not natural.

neither are these  Shocked
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