Meuh6879
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Activity: 1512
Merit: 1011
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January 16, 2015, 09:34:28 PM |
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If your investment looked like this chart in the last 180 days, what would you do?
 I prefer this chart ...  |
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kpitti
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Activity: 924
Merit: 1002
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January 16, 2015, 09:52:09 PM |
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I will definitely keep my BTC. If I would have free money I will buy some ... may be next days. I can wait with selling.
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Q7
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January 16, 2015, 11:06:48 PM |
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I continue to hold and because i believe in its future i still make small purchases. Why small amount? Because at this point you still can't determine at what level it will drop to before it finally changes direction
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odolvlobo
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Activity: 4298
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January 16, 2015, 11:16:58 PM |
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Charts tell you nothing. The value of an investment depends on it future value. It's past value is irrelevant.
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PGP Fingerprint: 6B6BC26599EC24EF7E29A405EAF050539D0B2925 Signing address: 13GAVJo8YaAuenj6keiEykwxWUZ7jMoSLt
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jwcastle (OP)
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January 17, 2015, 01:41:38 AM |
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Charts tell you nothing. The value of an investment depends on it future value. It's past value is irrelevant.
Every stock market and exchange in the world use historical charts. They use sophisticated analysis software to predict how the market will behave. Are they all wrong? |
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odolvlobo
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January 17, 2015, 04:16:04 AM
Last edit: January 18, 2015, 06:28:13 PM by odolvlobo |
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Charts tell you nothing. The value of an investment depends on it future value. It's past value is irrelevant.
Every stock market and exchange in the world use historical charts. They use sophisticated analysis software to predict how the market will behave. Are they all wrong? In short, yes. I can tell by the words you use that you are an investing newbie. Here is my advice to you: Investors make money because they learn, they do research, and they uncover opportunities. There is no magic formula. There is no secret system. People that believe that they can predict the future by looking at charts are nothing more than financial astrologers. Technical Analysis pretends to be a science, but the truth is that it is based on fantasy and superstition, and it is supported only by confirmation bias. |
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waterpile
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January 18, 2015, 01:00:57 AM |
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Charts tell you nothing. The value of an investment depends on it future value. It's past value is irrelevant.
Every stock market and exchange in the world use historical charts. They use sophisticated analysis software to predict how the market will behave. Are they all wrong? those sophistaced analysis can't predict accidents that causes crashes. Thats why most traders uses present current events and news to preditc the value |
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Agestorzrxx
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January 18, 2015, 09:32:19 AM |
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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.
You are right, if you believe that, you should buy more, a lot more, while the price is low. But people can't sure the price will go more low or rise up. |
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sgk
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Activity: 1470
Merit: 1002
!! HODL !!
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January 18, 2015, 09:39:05 AM |
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My question to everyone who is holding, why aren't you buying more today? (besides being broke)
Keeping the fiat ready to buy BTC, but not buying yet because the price may still go down and I want cheaper coins than this. |
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Dread Pirate Roberts
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January 18, 2015, 11:33:53 AM |
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thats chart will shocked investor .
crazy chart ever
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b-stock
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Activity: 18
Merit: 0
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January 18, 2015, 11:40:40 AM |
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Charts tell you nothing. The value of an investment depends on it future value. It's past value is irrelevant.
Every stock market and exchange in the world use historical charts. They use sophisticated analysis software to predict how the market will behave. Are they all wrong? In short, yes. I can tell by the words you use that you are an investing newbie. Here is my advice to you: Investors make money because they learn, they do research, and they uncover opportunities. There is no magic formula. There is no secret system. People that believe that they can predict the future by looking at charts are nothing more than financial astrologers. Technical Analysis pretends to be a science, but the truth is that it is based on fantasy and superstition, and is supported only by confirmation bias. A fool with a tool is still a fool...but complete denying of a tool and/or a process...  |
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odolvlobo
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Activity: 4298
Merit: 3208
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January 18, 2015, 06:26:18 PM |
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Charts tell you nothing. The value of an investment depends on it future value. It's past value is irrelevant.
Every stock market and exchange in the world use historical charts. They use sophisticated analysis software to predict how the market will behave. Are they all wrong? In short, yes. I can tell by the words you use that you are an investing newbie. Here is my advice to you: Investors make money because they learn, they do research, and they uncover opportunities. There is no magic formula. There is no secret system. People that believe that they can predict the future by looking at charts are nothing more than financial astrologers. Technical Analysis pretends to be a science, but the truth is that it is based on fantasy and superstition, and is supported only by confirmation bias. A fool with a tool is still a fool...but complete denying of a tool and/or a process... Astrology, dianetics, ghost hunting, homeopathy, and technical analysis are all well-known and somewhat popular tools and/or processes. I am completely comfortable denying that they are each based on anything more than fantasy or superstition. Of course, I can accept any tidbits of fact that they might contain (if any), but to wade through a sea of nonsense to find those truths is a waste of time. |
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cr1776
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Activity: 4018
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January 18, 2015, 11:48:53 PM |
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If your investment looked like this chart in the last 180 days, what would you do?
I wouldn't be looking at 180 days. IF it is an investment, your timeframe should be years. If I look at practically any arbitrary short-period, I can show pretty much anything I want. If I look at Nov 2010 through today, it looks quite good. |
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LitcoinCollector
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Activity: 1092
Merit: 1000
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January 19, 2015, 10:33:51 AM |
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Invest in alts, wait till btc rises!  |
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polynesia
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Activity: 1358
Merit: 1000
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January 20, 2015, 12:43:52 AM |
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If I really believe in my investment, I would buy a little bit more to cost average.
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dinofelis
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January 20, 2015, 12:13:12 PM |
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Charts tell you nothing. The value of an investment depends on it future value. It's past value is irrelevant.
Every stock market and exchange in the world use historical charts. They use sophisticated analysis software to predict how the market will behave. Are they all wrong? In short, yes. I can tell by the words you use that you are an investing newbie. Here is my advice to you: Investors make money because they learn, they do research, and they uncover opportunities. There is no magic formula. There is no secret system. People that believe that they can predict the future by looking at charts are nothing more than financial astrologers. Technical Analysis pretends to be a science, but the truth is that it is based on fantasy and superstition, and it is supported only by confirmation bias. That is true. However, there is some kind of self-fulfilling prophecy aspect to that. If sufficient traders use the same intrinsically worthless techniques, and hence come to the same silly conclusions about buying or selling, then those initially worthless techniques DO become true predictions of the future (at least as long as there are no other demands and offers than those from traders). It is funny, because "technical analysis" has the same "next fool" property as money in itself: technical analysis is only worth something if others think it is worth something concerning the prediction of prices. The specific algorithms used in technical analysis can be totally arbitrary, as long as sufficient people use the *same* algorithms. If there is a prediction algorithm which is as silly as "at full moon prices go up by 10%", and if sufficient people BELIEVE that, they will buy just before full moon, and have the prices rise up to 10%. Not more, because then their algorithm tells them that the asset is somewhat overpriced as compared to their "prediction". So, technical analysis algorithms behave as money: if sufficient people think it is worth something, then it IS worth something. |
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dmugetsu
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Activity: 105
Merit: 10
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January 21, 2015, 06:52:23 PM |
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Too much risk
So i will hold for now
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tyrexs
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January 21, 2015, 08:57:20 PM |
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only some people holding not help bitcoin price.
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Useli Violent
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Activity: 68
Merit: 10
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January 21, 2015, 08:59:29 PM |
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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.
 I would be shorting, with leverage. |
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RodeoX
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Activity: 3066
Merit: 1145
The revolution will be monetized!
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January 21, 2015, 09:05:27 PM |
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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. lol, that's what I was thinking. I never hold more than I have spent. Think what you like Mirsad, I'm currently shopping for boats and shore front lots with my ponzi money. |
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