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Author Topic: If your investment looked like this...  (Read 3303 times)
jwcastle
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January 16, 2015, 10:27:27 AM
 #1

If your investment looked like this chart in the last 180 days, what would you do?

Are you still going to hold? If you do hold, why haven't you bought more? After all, if you are holding, that means you believe that BTC is going to the moon. And if you believe that, you should buy more, a lot more, while the price is low.





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January 16, 2015, 10:31:46 AM
 #2

holding, only not buying more because i dont have money

Be radical, have principles, be absolute, be that which the bourgeoisie calls an extremist: give yourself without counting or calculating, don't accept what they call ‘the reality of life' and act in such a way that you won't be accepted by that kind of ‘life', never abandon the principle of struggle.
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January 16, 2015, 10:33:39 AM
 #3

Dump is over bro. We rise slowly. Keep watching.  Wink
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January 16, 2015, 10:54:28 AM
 #4

You should have asked that question last July.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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January 16, 2015, 11:09:01 AM
 #5

I don't call it investment when i want make a profit fast, wait and see and keep holding.

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January 16, 2015, 11:47:33 AM
 #6

lol I certainly wouldn't be selling my bitcoin and taking a loss I would just buy the cheap coins and prepare for the next wave.
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January 16, 2015, 11:53:31 AM
 #7

I suggest anyone reading this topic sells all his BTC as fast as possible to get the price even lower.
I won't sell mine, though.
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January 16, 2015, 12:22:30 PM
 #8

How about sell at high price & buy at low price
This will be better choice than just sell / hold

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January 16, 2015, 12:23:07 PM
 #9

If your investment looked like this chart in the last 180 days, what would you do?

Are you still going to hold? If you do hold, why haven't you bought more? After all, if you are holding, that means you believe that BTC is going to the moon. And if you believe that, you should buy more, a lot more, while the price is low.






Past price is no indication for future price in a perfect market.
Investment decisions are based upon an analysis of fundamentals as compared to the current market price, and the belief that you know better than the market (if not, the market has already calculated the best possible price including all future benefits).

jwcastle
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January 16, 2015, 12:35:29 PM
 #10

The question everyone should be asking is "Why aren't you buying more BTC at the current low price?"

If you bought 1 BTC at $700 six months ago and you refuse to take a loss, then you have to wait until it gets to above $700 before you make a profit.
At the current price, you can buy 1 BTC for $200, and to make a profit, it only has to go above $450.  That would be a lot more likely than reaching $700.
If you bought 10 BTC today for $2000, you'd start making a profit at $245.

My question to everyone who is holding, why aren't you buying more today?  (besides being broke)



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bitbunnny
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January 16, 2015, 02:01:42 PM
 #11

Looks like everyone is broke, nobody is buying...

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LuckyBtc
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January 16, 2015, 02:22:22 PM
 #12

The answer everyone should be asking is "Why aren't you buying more BTC at the current low price?"

If you bought 1 BTC at $700 six months ago and you refuse to take a loss, then you have to wait until it gets to above $700 before you make a profit.
At the current price, you can buy 1 BTC for $200, and to make a profit, it only has to go above $450.  That would be a lot more likely than reaching $700.
If you bought 10 BTC today for $2000, you'd start making a profit at $245.

My question to everyone who is holding, why aren't you buying more today?  (besides being broke)

I guess they're thinking i'll go down even more like $100.(I don't think i'll go down there)

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Refereum
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January 16, 2015, 02:39:07 PM
 #13

Looks like everyone is broke, nobody is buying...

What are you looking at?

A lot people have already bought and will buy more when they gain confidence to do so.

But the most funny thing is... Many people will start with buying once they see the price is going up.

For them that's the sort of confidence that they need Cheesy

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January 16, 2015, 03:03:40 PM
 #14

Looks like everyone is broke, nobody is buying...

What are you looking at?

A lot people have already bought and will buy more when they gain confidence to do so.

But the most funny thing is... Many people will start with buying once they see the price is going up.

For them that's the sort of confidence that they need Cheesy

It's wobbling back and forth for awhile now I wonder whats causing that a lot of buy and sell orders?
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January 16, 2015, 04:06:46 PM
 #15

Past price is no indication for future price in a perfect market.
Investment decisions are based upon an analysis of fundamentals as compared to the current market price, and the belief that you know better than the market (if not, the market has already calculated the best possible price including all future benefits).


best post i have read so far.
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January 16, 2015, 04:36:24 PM
 #16

I have been buying and repositioning my average buy price.

Where's your god now?
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January 16, 2015, 04:38:25 PM
 #17

I have been buying and repositioning my average buy price.

Where's your god now?

You just pumped fiat in a ponzi. Good job. But reducing your average buy in price of a worthless asset won't help you buy food in the future. Good luck living on food stamps.

< 100 BTC is not worth mentioning. Poor souls will always remain poor. Don't miss the failtrain.
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January 16, 2015, 06:58:51 PM
 #18

I have been buying and repositioning my average buy price.

Where's your god now?

You just pumped fiat in a ponzi. Good job. But reducing your average buy in price of a worthless asset won't help you buy food in the future. Good luck living on food stamps.

I am very well diversified with zero debt.  I doubt it.
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January 16, 2015, 07:39:49 PM
 #19

You never buy on that kind of trend, believe me , despite what bull may think, you will have plenty of time to buy when it will start to rise again. And it won't go high all of sudden. Just watch it going down.
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January 16, 2015, 07:43:13 PM
 #20

I'm a little bit worried to the price, though, but selling at a loss is a bit dumb. So i'll just hold and wait for what's in store for btc. Buying is not an option for me now but seeing those cheap coins tempts me to.

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