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Author Topic: I am waiting to buy back at 380$  (Read 2987 times)
zimmah
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September 14, 2014, 02:01:59 AM
 #21

very risky gamble if you ask me

it might take forever

we are already in a longer bear market than most of us expected, I really think if you want to buy, you should not wait for it to drop even lower, as you risk missing the boat big time.

If the next rally is anything like the previous rallies, it will be very sudden and rise very high, and will make it very expensive to buy in.

It could become $1000+ overnight, and before you have your money on the exchange it could be already over $2000.

it's much safer to just buy at current prices because next year it will not even matter that much if you bought for $380 or $480

It may not pay off, but I don't think I'd call that a risky gamble. You can't lose money on a trade you don't make. Also, we are a single flash crash from that price point (basically, if we get below $440ish on BFX, then we are at $380 in seconds... albeit perhaps only for seconds). That said, I'd say the odds are very low that this will happen anytime soon. We seem to at least want to be correcting upwards at this point albeit the momentum leaves something to be desired.

Not buying bitcoin means you're gambling on the dollar keeping it's value (or whatever it is you store your wealth in).

Now, you may think your money is safe at the bank, but in my opinion bitcoin is a much safer store of wealth than any bank out there. Several crisis, bailouts, bail-ins and such have shown that. Not to mention inflation.

Even if you actually keep your money, it might become more worthless than toilet paper.

I don't think we're going below $400 again.. (*not counting btc-e flash crashes)

btc-e crashes upward i think we'll be alright.

I'm seriously starting to consider creating a BTCe account for the sole purpose of placing a sell order for €3000, just to immediatly buy back for €360. But I doubt I'll get that lucky.
Newbie1022
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September 14, 2014, 02:17:22 AM
 #22

very risky gamble if you ask me

it might take forever

we are already in a longer bear market than most of us expected, I really think if you want to buy, you should not wait for it to drop even lower, as you risk missing the boat big time.

If the next rally is anything like the previous rallies, it will be very sudden and rise very high, and will make it very expensive to buy in.

It could become $1000+ overnight, and before you have your money on the exchange it could be already over $2000.

it's much safer to just buy at current prices because next year it will not even matter that much if you bought for $380 or $480

It may not pay off, but I don't think I'd call that a risky gamble. You can't lose money on a trade you don't make. Also, we are a single flash crash from that price point (basically, if we get below $440ish on BFX, then we are at $380 in seconds... albeit perhaps only for seconds). That said, I'd say the odds are very low that this will happen anytime soon. We seem to at least want to be correcting upwards at this point albeit the momentum leaves something to be desired.

Because the dollar has so frequently lost over 30% of its spending power inside of a single week. Jesus Christ.

Note: I actually think the U.S. economy will collapse long-term and that there will be a concomitant currency crisis. That s--- ain't happenin' this week (or really in the next ive years), though.

Crack kills.

Not buying bitcoin means you're gambling on the dollar keeping it's value (or whatever it is you store your wealth in).

Now, you may think your money is safe at the bank, but in my opinion bitcoin is a much safer store of wealth than any bank out there. Several crisis, bailouts, bail-ins and such have shown that. Not to mention inflation.

Even if you actually keep your money, it might become more worthless than toilet paper.

I don't think we're going below $400 again.. (*not counting btc-e flash crashes)

btc-e crashes upward i think we'll be alright.

I'm seriously starting to consider creating a BTCe account for the sole purpose of placing a sell order for €3000, just to immediatly buy back for €360. But I doubt I'll get that lucky.
jaberwock
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September 14, 2014, 04:23:50 AM
 #23

I guess you will wait forever.

Can't see a reason to price goes much lower than at this level. Even the 3k sell wall at Bitfinex has been waten quickly, signal we are not going too low.

klee (OP)
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September 14, 2014, 07:17:56 AM
 #24

Thanks for the responses everyone - I hope most realised I was joking Smiley

I doubt we will see sub 500 after this week EVER!
JimboToronto
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September 14, 2014, 08:25:54 AM
 #25

I hope most realised I was joking

I certainly did.

I can see that you were around for the Great Bitcoin Bubble of June 2011 with its crash of over 93%. I don't know now long you lurked here before creating a forum account, but for me it was about a half a year.

At least I got to go through the Lesser Bubble of early 2013 where the price crashed from $266 tp $50 (over 80%). Having learned from history. I rode it out.

The Minor Bubble of autumn 2013 crashed less than 70% and has offered me the opportunity to stock up on cheap coins in anticipation of the next major leg up.

I wonder how many noobs who have never seen sub-$100 coins actually thought you were serious.

LOL
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September 14, 2014, 09:32:01 AM
 #26

We keep rebounding from the 480$ value, probably we won't see 380$ soon (or ever).
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September 15, 2014, 02:12:34 PM
 #27

Will it take long?Huh

 Cheesy

Just have offers set and i am sure eventually will happen. Worst will be if you will wake up one day and see, you missed it.
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September 15, 2014, 02:19:08 PM
 #28

Will it take long?Huh

 Cheesy


Won't sell before $10k  Roll Eyes
giveBTCpls
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September 15, 2014, 04:31:13 PM
 #29

very risky gamble if you ask me

it might take forever

we are already in a longer bear market than most of us expected, I really think if you want to buy, you should not wait for it to drop even lower, as you risk missing the boat big time.

If the next rally is anything like the previous rallies, it will be very sudden and rise very high, and will make it very expensive to buy in.

It could become $1000+ overnight, and before you have your money on the exchange it could be already over $2000.

it's much safer to just buy at current prices because next year it will not even matter that much if you bought for $380 or $480

It may not pay off, but I don't think I'd call that a risky gamble. You can't lose money on a trade you don't make. Also, we are a single flash crash from that price point (basically, if we get below $440ish on BFX, then we are at $380 in seconds... albeit perhaps only for seconds). That said, I'd say the odds are very low that this will happen anytime soon. We seem to at least want to be correcting upwards at this point albeit the momentum leaves something to be desired.

Not buying bitcoin means you're gambling on the dollar keeping it's value (or whatever it is you store your wealth in).

Now, you may think your money is safe at the bank, but in my opinion bitcoin is a much safer store of wealth than any bank out there. Several crisis, bailouts, bail-ins and such have shown that. Not to mention inflation.

Even if you actually keep your money, it might become more worthless than toilet paper.

I don't think we're going below $400 again.. (*not counting btc-e flash crashes)

btc-e crashes upward i think we'll be alright.

I'm seriously starting to consider creating a BTCe account for the sole purpose of placing a sell order for €3000, just to immediatly buy back for €360. But I doubt I'll get that lucky.

People have this mentality that holding Dollar is being in the safe boat, and when you are in Btc you are on the Titanic, when it's in fact the opposite. The Dollar is Doomed to devaluation thanks to the infinite debt and non stop printing of said money, Bitcoin is backed by math and will not fall into that same fate. So holding both BTC and Dollar are risky, but at least Bitcoin isn't broken by design, it just need's people's trust.

Dump3er
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September 19, 2014, 01:31:47 PM
 #30

So here we go. Have you bought back?

.
.HUGE.
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Sevvero
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September 19, 2014, 01:33:45 PM
 #31

very risky gamble if you ask me

it might take forever

we are already in a longer bear market than most of us expected, I really think if you want to buy, you should not wait for it to drop even lower, as you risk missing the boat big time.

If the next rally is anything like the previous rallies, it will be very sudden and rise very high, and will make it very expensive to buy in.

It could become $1000+ overnight, and before you have your money on the exchange it could be already over $2000.

it's much safer to just buy at current prices because next year it will not even matter that much if you bought for $380 or $480

It may not pay off, but I don't think I'd call that a risky gamble. You can't lose money on a trade you don't make. Also, we are a single flash crash from that price point (basically, if we get below $440ish on BFX, then we are at $380 in seconds... albeit perhaps only for seconds). That said, I'd say the odds are very low that this will happen anytime soon. We seem to at least want to be correcting upwards at this point albeit the momentum leaves something to be desired.

Not buying bitcoin means you're gambling on the dollar keeping it's value (or whatever it is you store your wealth in).

Now, you may think your money is safe at the bank, but in my opinion bitcoin is a much safer store of wealth than any bank out there. Several crisis, bailouts, bail-ins and such have shown that. Not to mention inflation.

Even if you actually keep your money, it might become more worthless than toilet paper.

I don't think we're going below $400 again.. (*not counting btc-e flash crashes)

btc-e crashes upward i think we'll be alright.

I'm seriously starting to consider creating a BTCe account for the sole purpose of placing a sell order for €3000, just to immediatly buy back for €360. But I doubt I'll get that lucky.

People have this mentality that holding Dollar is being in the safe boat, and when you are in Btc you are on the Titanic, when it's in fact the opposite. The Dollar is Doomed to devaluation thanks to the infinite debt and non stop printing of said money, Bitcoin is backed by math and will not fall into that same fate. So holding both BTC and Dollar are risky, but at least Bitcoin isn't broken by design, it just need's people's trust.
Conspiracy tard nightmares, nothing more. USD isn't worth 50% less the next day.
Dump3er
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September 19, 2014, 08:43:33 PM
 #32

Im waiting to sell back at 500? You guys think I will ever be able to do it?

.
.HUGE.
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Tzupy
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September 19, 2014, 08:48:02 PM
 #33

Im waiting to sell back at 500? You guys think I will ever be able to do it?

Yes you'll be able to sell at 500$, but not very soon.

Thanks for the responses everyone - I hope most realised I was joking Smiley

I doubt we will see sub 500 after this week EVER!


People should be more careful with such strong statements, they might return and bite them. Grin

Sometimes, if it looks too bullish, it's actually bearish
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September 19, 2014, 08:55:28 PM
 #34

wait it will lower until 350 max, then it will stabilize and wait for the next boom
klee (OP)
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September 19, 2014, 09:12:35 PM
 #35

Im waiting to sell back at 500? You guys think I will ever be able to do it?

Yes you'll be able to sell at 500$, but not very soon.

Thanks for the responses everyone - I hope most realised I was joking Smiley

I doubt we will see sub 500 after this week EVER!


People should be more careful with such strong statements, they might return and bite them. Grin
LOL I sold at 475 and bought back some at 400 Tongue  Cheesy
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