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Question: How far will it dip?
Staying above $400 (this IS the bottom) - 44 (41.1%)
$300 - $400 - 29 (27.1%)
$200 - $300 - 16 (15%)
$100 - $200 - 8 (7.5%)
Sub $100 (gasp, massive buy opportunity) - 10 (9.3%)
Total Voters: 107

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Author Topic: [Poll] What are the predictions on the bottom? (should i sell and buy back in)  (Read 1473 times)
Bitcoin_is_here_to_stay
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May 06, 2014, 10:39:21 PM
 #21



What happens if you have a buy in @ 330 and it only hits 331

You set your buy-in order higher - like $335 Wink.

So you think btc will fall to $331 and still advise OP not to sell at $430? This is sort of an alternative logic that is very common in this forum. Still cannot understand such reasoning  Huh Perhaps because I have Ph.D. in mathematics, LOL.
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MatTheCat
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May 06, 2014, 11:05:56 PM
 #22

High risk ...and a real novice move

What happens if you have a buy in @ 330 and it only hits 331 (this has happned to me on many occasions and to make a point I  missed getting filled  one time by 0.4 cents Sad )


I missed where the OP stated that he was buying back in entirely at $330.

Dont do that! Buy in in tranches FFS!

Back in March on the crash to $400, I had dreamt that Bitcoin would rebound off $380 a couple of weeks previously (I place a lot of faith in my dreams when I get them). Thus, I placed a 60 BTC order at $391.34 (every penny of spare capital that I had to throw at Bitcoin). I missed out on the bottom with my entire order by less than $10. By the time I got out my bed, Bitcoin was already back up over $500 and I had totally missed out on what might have been a 13K profit within 2 days, but due to my shit trading skills would have probably been just an 8K  USD profit. As it turns out, I got fuck all except 1K I took on 20 BTC from $490 to $545.

Always buy in tranches!

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Bitfinex victims. DO NOT TOUCH THE BFX TOKEN! Start moving it around, or trading it, and you will be construed as having accepted it as an alternative means of payment to your USD, BTC, etc.
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May 06, 2014, 11:17:28 PM
 #23



What happens if you have a buy in @ 330 and it only hits 331

You set your buy-in order higher - like $335 Wink.

So you think btc will fall to $331 and still advise OP not to sell at $430? This is sort of an alternative logic that is very common in this forum. Still cannot understand such reasoning  Huh Perhaps because I have Ph.D. in mathematics, LOL.

You guys are on crack ....I was using it as an EXAMPLE !!!

I think IT wont go below 415 ...if it does it will be a flash crash that you will be lucky to catch

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