Now is the time to go all-in with maximum leverage

[blatchcorn]

There is now an incredible amount of smart money in Bitcoin:
http://mobile.nytimes.com/blogs/dealbook/2014/10/06/blockchain-is-latest-bitcoin-start-up-to-lure-big-investment/

Bitcoin is not just the playground of speculators, the reality is that the best programmers and most powerful business people in the world see the potential in Bitcoin.

[Wilhelm]

tl;dr went all-in with max leverage 

[Rat_Poison]

Didn't you say last week that we wouldn't go any lower than $360, and that was the time to buy? lol, I don't think you're giving this bear market enough credit.

Pro tip: Never fight the tape!

[standalone13]

Bitcoin is not just the playground of speculators, the reality is that the best programmers and most powerful business people in the world see the potential in Bitcoin.

This could help bitcoin to spread all over,  but anyways i think this is just a long term question

[dothebeats]

If the price drops down to $320 or somewhere near that range, I'll definitely buy some for my stash and add some rocket fuel to the moon. I still believe that this recent crash is just another part of a bigger movement. My basis? Some speculation of my own and a very little knowledge about graphs, charts, and how the markets move.


Easy and get a hodl of that coins. You'll never regret it.

[Tzupy]

OP, you should at least remind people to put a wise stop loss. Right now it's 320$ and if support at 275$
won't hold after the consolidation ends, it's going to be a landslide, and max leveraged longs will lose all.
If support at 275$ will hold and a double bottom will form, then it may be worth risking max leverage long.

[NotLambchop]

[piramida]

OP, you should at least remind people to put a wise stop loss. Right now it's 320$ and if support at 275$
won't hold after the consolidation ends, it's going to be a landslide, and max leveraged longs will lose all.
If support at 275$ will hold and a double bottom will form, then it may be worth risking max leverage long.

this battle at $300 reminds me very much of the battle at $3. was the same sentiment, the final border etc, if it gets breached all is lost, and of course it did get breached, and went to $2.22 and many things happened after that...

but my point being - now looking back at that month it seems like we were kids playing in a sandbox. $2 $3 who the hell cares should've just bought you MORONS.

[Bogleg]

tl;dr went all-in with max leverage 

He will go broke even if he is right in the long run. A small dip in price will wipe him out.

[uhoh]

Hopefully they can use some of that money to fix all the bugs and glitches that started after the database outage earlier in the year. Didn't realise Ben Reeves was still involved. The whole thing ran much more smoothly when it was just his one man band.

EDIT: Maybe they can start by fixing their incredible accurate graphs

[NotLambchop]

...
but my point being - now looking back at that month it seems like we were kids playing in a sandbox. $2 $3 who the hell cares should've just bought you MORONS.

Yeah, and if we were now trading @ $10k/BTc like the lunatic fringe has predicted, the same would apply to buying @ $1,200.
>Emotional.
>Flinging insults.
>Caplock.

I'd say you're a touch overinvested

[ravenjt]

Its pretty obvious that Pirimida has lost a fortune at current prices. Ruined, and hes trying to hide it from his family.

[xDan]

I wish I could be bothered to learn about this trading stuff.

is there any noob guide?

but maybe I should stay clear.

[inca]

Its pretty obvious that Pirimida has lost a fortune at current prices. Ruined, and hes trying to hide it from his family.

He and others were advocating noobs to buy when we were up over $1'000 USD last year, so lots of people underwater here, it make them very irritable at non-believers so they call "troll". In their deepest hart they still believe, only hold more and problem will be fixed  

Not why newbie trolls who clearly don't have a pot to piss in (hence messing around with leverage) are arguing that pirimida is ruined and hating on him because he is a bull. You are all bulls too, but just don't want to admit it.

He was posting on this forum when btc was sub 5 dollars. Even today when we are 70% down from ATH and trading at just 330 dollars he is so massively up that you little minnows can never hope to catch up. You know it of course and it hurts!

Edit: Leverage is fun but not recommended unless you want to turn a large amount of money into a small one. Hint to the superstar traders on here: noone thinks they will lose their trading account (you can beat the market right?), but in the end 90% do.

[Business]

that means its time tu buy or time to sell?

[Wilhelm]

that means its time tu buy or time to sell?

Doesn't matter, result will be the same....

All-in is the keyword.

[Odalv]

Its pretty obvious that Pirimida has lost a fortune at current prices. Ruined, and hes trying to hide it from his family.

I'm not sure you can count to 10.

example (2013):
You can buy 1.1.2013 at $12-13 (let's say 10 btc -> you invest $130)
Then you can sell in december @ $1100 (let's say 1 btc -> you withdraw $1100)

USD profit: $1100 - $130 => $970  ( 7 x your investment )
BTC profit: 9 btc ( @ $300 it is $2700 => 20 x your investment )

[fewcoins]

Its pretty obvious that Pirimida has lost a fortune at current prices. Ruined, and hes trying to hide it from his family.

I'm not sure you can count to 10.

example (2013):
You can buy 1.1.2013 at $12-13 (let's say 10 btc -> you invest $130)
Then you can sell in december @ $1100 (let's say 1 btc -> you withdraw $1100)

USD profit: $1100 - $130 => $970  ( 7 x your investment )
BTC profit: 9 btc ( @ $300 it is $2700 => 20 x your investment )

Whats the point of giving indications of past performance? Those highs only happened because of mt gox & their willy bot... These levels will never be reached again!

[alexeft]

Its pretty obvious that Pirimida has lost a fortune at current prices. Ruined, and hes trying to hide it from his family.

I'm not sure you can count to 10.

example (2013):
You can buy 1.1.2013 at $12-13 (let's say 10 btc -> you invest $130)
Then you can sell in december @ $1100 (let's say 1 btc -> you withdraw $1100)

USD profit: $1100 - $130 => $970  ( 7 x your investment )
BTC profit: 9 btc ( @ $300 it is $2700 => 20 x your investment )

Whats the point of giving indications of past performance? Those highs only happened because of mt gox & their willy bot... These levels will never be reached again!

It was not just gox, the prices were real, at least the biggest part of them.

[piramida]

Its pretty obvious that Pirimida has lost a fortune at current prices. Ruined, and hes trying to hide it from his family.

He and others were advocating noobs to buy when we were up over $1'000 USD last year, so lots of people underwater here, it make them very irritable at non-believers so they call "troll". In their deepest hart they still believe, only hold more and problem will be fixed  

You have proof or talking out of your ass as usual? If you are, please stop, it smells.

As for "lost a fortune", yeah, right. I have much more btc now than at the beginning of 2014, and much more usd than at the beginning of 2013, that would be all you need to know unless you're from IRS

I'm telling you now, silly, if you also want to be rich, the time to invest would be now. If you don't have much, well, try to push your luck and wait for lower prices, sure. Just don't complain later on about unfair distribution and early adoption, you poor bastard. You are blowing chance after chance to become one.