Fearless
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Activity: 89
Merit: 10
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August 25, 2014, 06:57:00 PM |
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Sell when price goes down
Buy when price goes up
How does that even makes sense here?That shouda opposite isn't it?Or you folks are just trolling |
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scryptasicminer
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August 25, 2014, 07:39:21 PM |
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Sell when price goes down
Buy when price goes up
How does that even makes sense here?That shouda opposite isn't it?Or you folks are just trolling That strategy is called trend trading coined by Paul Tudor Jones. Market is big enough to have all kind of strategies. One thing all have in common is risk control. |
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soccosocco
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August 25, 2014, 07:48:45 PM |
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My strategy when bitcoin is Keep hold down and wait while hoping bitcoin prices rise and let the whales worked  but when it fell continuously until the $400 I do not know what keeps hold or sell |
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Coinfan
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August 25, 2014, 09:02:23 PM |
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The Op said the market surprised him with the current price, I wonder if he isn't going to be surprised negatively again.
Avoid buying on a bearish trend until there are signs of reversal.
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Foxxyfox
Newbie
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Activity: 33
Merit: 0
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August 25, 2014, 10:27:15 PM |
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The Op said the market surprised him with the current price, I wonder if he isn't going to be surprised negatively again.
Avoid buying on a bearish trend until there are signs of reversal.
it is not that surprising it is not the first time bitcoin went down and then back up |
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Coinfan
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August 25, 2014, 10:39:58 PM |
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Yes, people said that too, when the price went for the second time below 1000 on the 5th december 2013.
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DhaniBoy
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August 30, 2014, 11:33:08 PM |
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I will not sell my bitcoin, I will wait until prices return to normal bitcoin, maybe a week, a month or a year, but its regular price of bitcoin will be back to normal within a week, hopefully bitcoin prices will not go down in the next few months ...  |
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Gargulan
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August 31, 2014, 12:25:31 AM |
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I just keep buying from the weak hands and welcome the price drop. this is a gift at these and possibly lower levels. I would have never thought that btc would be $450 in August 2014 though  Buy low sell high is the motto. Here is the fact: A strong base and resistance at 500. So buying at around this price will have low to moderate risk. If the price drop below 450, sell to limit downside exposure. If it go up to 550, sell to cash in profit. And wait for another downtrend. |
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jjacob
Legendary
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Activity: 1554
Merit: 1026
★Nitrogensports.eu★
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August 31, 2014, 12:02:19 PM |
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I will not sell my bitcoin, I will wait until prices return to normal bitcoin, maybe a week, a month or a year, but its regular price of bitcoin will be back to normal within a week, hopefully bitcoin prices will not go down in the next few months ... What do you think 'normal' bitcoin prices are? |
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oceans
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August 31, 2014, 06:28:33 PM |
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I like your strategy. With anything it's always wise to buy to make a profit so if you can buy bitcoins when the price is low and sell when the price goes up again you are in actual fact making a profit which is one way to help you invest more.
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scryptasicminer
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August 31, 2014, 07:29:36 PM |
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I like your strategy. With anything it's always wise to buy to make a profit so if you can buy bitcoins when the price is low and sell when the price goes up again you are in actual fact making a profit which is one way to help you invest more.
Not many have the discipline to carry out the strategy. Most people buy when the price is high and hoping for new high. And then they sell when the price is low to cut their loss. |
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hustler100
Full Member
Offline
Activity: 130
Merit: 100
In Crypto We Trust
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August 31, 2014, 08:19:47 PM |
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I like your strategy. With anything it's always wise to buy to make a profit so if you can buy bitcoins when the price is low and sell when the price goes up again you are in actual fact making a profit which is one way to help you invest more.
Not many have the discipline to carry out the strategy. Most people buy when the price is high and hoping for new high. And then they sell when the price is low to cut their loss. That's why people should see Bitcoin as a long term investment and comparing it to any traditional fiat currency which probably in the next finincial crisis will blow up.... The psychology of an "inexperienced investor" is like you mentioned so called "weak hands". |
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dE_logics
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September 01, 2014, 07:42:45 AM |
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BTC will recover, its pretty stable in my opinion. Just wait for a week more.
BTC is not stable... 22% in only 1 week :/ That's not much really, prices will hold from 400$-800$ for a couple more months until the next boom. Mark my words.  I don't know when it will exactly, but my prediction for december 2014 is over 1500$. December i think is too quick for $1500 raise. Looking at the stats of past few months I think would be $1k :-? Anyways, it is profitable for all the investors  |
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bomb177
Newbie
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Activity: 56
Merit: 0
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September 01, 2014, 01:27:30 PM |
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I like your strategy. With anything it's always wise to buy to make a profit so if you can buy bitcoins when the price is low and sell when the price goes up again you are in actual fact making a profit which is one way to help you invest more.
Not many have the discipline to carry out the strategy. Most people buy when the price is high and hoping for new high. And then they sell when the price is low to cut their loss. This is typical of the newbies trying to enter in the trade game, but they always lose part of their capital in this way. |
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SF-Man
Member
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Activity: 98
Merit: 10
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September 01, 2014, 02:40:55 PM |
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BTC will recover, its pretty stable in my opinion. Just wait for a week more.
BTC is not stable... 22% in only 1 week :/ Agree, I am a newbie but Ive already seen bitcoin dove twice in a month. And not by $5 or $10. Dove down up to $30. Its ok to say that bitcoin is not stable currency but still it has a lot of potential and a lot space to develop more. |
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jjacob
Legendary
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Activity: 1554
Merit: 1026
★Nitrogensports.eu★
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September 01, 2014, 04:57:00 PM |
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I like your strategy. With anything it's always wise to buy to make a profit so if you can buy bitcoins when the price is low and sell when the price goes up again you are in actual fact making a profit which is one way to help you invest more.
Not many have the discipline to carry out the strategy. Most people buy when the price is high and hoping for new high. And then they sell when the price is low to cut their loss. This is typical of the newbies trying to enter in the trade game, but they always lose part of their capital in this way. Buy and forget for a year. Try not to look at the price fluctuations (easier said than done) |
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BitcoinBadger
Member
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Activity: 111
Merit: 10
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September 04, 2014, 03:55:31 PM |
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I just keep buying from the weak hands and welcome the price drop. this is a gift at these and possibly lower levels. I would have never thought that btc would be $450 in August 2014 though That's the good strategy loose holders sell the coins quick,it's always a profit buying from them directly |
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dadugan
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September 04, 2014, 04:42:55 PM |
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I just keep buying from the weak hands and welcome the price drop. this is a gift at these and possibly lower levels. I would have never thought that btc would be $450 in August 2014 though That's the good strategy loose holders sell the coins quick,it's always a profit buying from them directly If the strategy stop working, he will lose a lot of money. Trend trading is cheaper and more effective. |
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obocaman
Member
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Activity: 70
Merit: 10
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September 04, 2014, 05:48:47 PM |
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Trend trading is no different than day trading it can always backfire in your face and you can lose a lot of money as a buy rally will happen randomly and it can catch you while you sleep. Thats like 8 hours minimum daily you are risking + more if you are not monitoring the market constantly.
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counter
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September 04, 2014, 06:34:07 PM |
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The is very intelligent if you ask me. We've been is similar situations before and this is nothing new. People think the price is too low and Bitcoin is doomed... This happens time and time again and bitcoin recovers. For that is enough reason to just hold and buy on the dips what you can afford to lose.
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