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devphp
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July 31, 2014, 06:40:45 AM |
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$400-450 is possible, $220 probably not, if only in a short-lived spike on one exchange like the one that happened in March on btc-e.
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Ayers
Legendary
 Offline
Activity: 2660
Merit: 1024
Vave.com - Crypto Casino
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July 31, 2014, 05:28:44 PM |
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i don't think it will lower much, it will stay around 400
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bcmine
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August 02, 2014, 09:29:11 AM |
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i don't think it will lower much, it will stay around 400
trend is up. trend is your friend. never trade against the trend. technical trend is fifty fifty right. if you use it right you will get your 51% up to 53%, which gives you constant gain with the right money management, so you get rich. so this thread might be up to 47% bs. good luck! |
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devphp
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August 02, 2014, 09:33:09 AM |
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trend is up. trend is your friend. never trade against the trend.
Exactly! Speaking of which, where do you see the trend is up? Mid-term trend has been going sideways, long-term trend is still down or at least bottoming, uptrend hasn't started yet (breakout above $700 would signal the start of uptrend). Oh, I got it, you must be talking about noise price fluctuations, lasting days and or weeks at the longest. I see now, you're a day-trader. |
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bomb177
Newbie
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Activity: 56
Merit: 0
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August 02, 2014, 09:45:57 AM |
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Still a great time to BUY bitcoins, the title is wrong  |
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guy_wonderful (OP)
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August 02, 2014, 11:40:28 AM |
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i don't think it will lower much, it will stay around 400
trend is up. trend is your friend. never trade against the trend. technical trend is fifty fifty right. if you use it right you will get your 51% up to 53%, which gives you constant gain with the right money management, so you get rich. so this thread might be up to 47% bs. good luck! which trend?  |
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guy_wonderful (OP)
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August 02, 2014, 11:58:28 AM |
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i don't think it will lower much, it will stay around 400
trend is up. trend is your friend. never trade against the trend.  |
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hodap
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August 02, 2014, 02:18:47 PM |
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Litecoin will probably go away slowly.
Based on the market cap, NXT coin is likely to get to 2nd spot to replace litecoin.
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Mobius
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August 02, 2014, 06:32:19 PM |
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trend is up. trend is your friend. never trade against the trend.
Exactly! Speaking of which, where do you see the trend is up? Mid-term trend has been going sideways, long-term trend is still down or at least bottoming, uptrend hasn't started yet (breakout above $700 would signal the start of uptrend). Oh, I got it, you must be talking about noise price fluctuations, lasting days and or weeks at the longest. I see now, you're a day-trader. When discussing trends you can really use any time period to make it look in your favor. I would disagree that this is a "good" time to sell bitcoin. The price has recently declined so the price is low. Bitcoin does have a lot of long term potential and will likely end up at much higher levels then it is now. LTC on the other hand, not so much |
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devphp
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August 13, 2014, 12:57:24 PM |
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trend is up. trend is your friend. never trade against the trend.
Exactly! Speaking of which, where do you see the trend is up? Mid-term trend has been going sideways, long-term trend is still down or at least bottoming, uptrend hasn't started yet (breakout above $700 would signal the start of uptrend). Oh, I got it, you must be talking about noise price fluctuations, lasting days and or weeks at the longest. I see now, you're a day-trader. When discussing trends you can really use any time period to make it look in your favor. I would disagree that this is a "good" time to sell bitcoin. The price has recently declined so the price is low. Bitcoin does have a lot of long term potential and will likely end up at much higher levels then it is now. LTC on the other hand, not so much When I said I don't find the trend is up anywhere in sight, I mean the trend started from when the price of Bitcoin reached its all time high back in December 2013, that's the only trend I look at and it looks downwards or sideways at best. This is a mid-term trend I check for trading decisions or we can call it long-term trend if months is long-term. The longest Long-term trend measured in years from January 2009 is still up I believe. Any other short-term price movements lasting weeks - I am not interested in those, because they are not trends. |
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hannscryo
Newbie
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Activity: 42
Merit: 0
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August 13, 2014, 01:19:10 PM |
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I would not sell now, after the today's drop I'm expecting a short term bounce.
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guy_wonderful (OP)
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August 13, 2014, 01:25:32 PM |
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I would not sell now, after the today's drop I'm expecting a short term bounce.
If ask me, then I'm still preffer to sell. Still good time to sell. |
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bittown
Member
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Activity: 64
Merit: 10
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August 13, 2014, 01:59:15 PM |
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I would not sell now, after the today's drop I'm expecting a short term bounce.
Probably we will going down again, the rise will happen in some weeks from now. |
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guy_wonderful (OP)
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August 13, 2014, 02:07:55 PM |
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I would not sell now, after the today's drop I'm expecting a short term bounce.
Probably we will going down again, the rise will happen in some weeks from now. you dont say? |
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cinder
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August 14, 2014, 03:15:45 AM |
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I would not sell now, after the today's drop I'm expecting a short term bounce.
A drop like this week set a new trend for the next few months if there is no good news. Buying for short term rebound when the risk of dropping a lot further is not a good strategy. |
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Fray
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August 14, 2014, 04:08:50 AM |
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I would not sell now, after the today's drop I'm expecting a short term bounce.
If ask me, then I'm still preffer to sell. Still good time to sell. For LTC this is correct. It is really not worth very much long term as BTC is much more secure. BTC on the other hand will likely rise over the long run, it may or may not fall further from where it is now but it odes have a lot of long term potential |
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fdiini
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August 14, 2014, 04:35:05 AM |
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Price on LTC is so low that you might as well hold it longer.
The risk of going down further is smaller since the price is so low already.
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guy_wonderful (OP)
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August 14, 2014, 08:55:07 AM |
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Price on LTC is so low that you might as well hold it longer.
The risk of going down further is smaller since the price is so low already.
I dont see any reason why ltc could not fall to 2.00 in a few days. |
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oceans
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August 14, 2014, 11:49:09 AM |
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It's definitely still a great time to sell bitcoin with the price still being quite high for them and meaning you can make quite a bit for them. Holding them longer though will change that it's just a case of not being sure which way it will go up or down, it's worth a risk to hold though before selling to see if the price rises and you can make more when selling.
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johny08
Legendary
Offline
Activity: 1045
Merit: 1000
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August 14, 2014, 02:49:45 PM |
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If you read my early posts then you might know that I was recomending to sell. ( https://bitcointalk.org/index.php?topic=694833) Still same now, great time to sell at 7.52 with target to 4-5 (ltc at btc-e) stop at 7.92. Bitcoins is also great to sell right now. btc slowly moves to 220. Two main factors works here such as unsafety of crypto system and technical analysis.targetprice of ltc 4-5 is achieved. whats next target? |
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