fryarminer (OP)
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January 26, 2015, 01:42:20 PM |
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With the price going back up, I wonder how many of the people who screamed "I'M OUT!" And sold at $200 are buying back in?
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1Referee
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January 26, 2015, 02:01:55 PM |
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With the price going back up, I wonder how many of the people who screamed "I'M OUT!" And sold at $200 are buying back in?
They probably sold their coins below $200 and bought back in at a much higher level ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Why? Because they are back in and again believe Bitcoin is THE BIG thing.
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Kipsy89
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January 26, 2015, 02:35:36 PM |
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Depends. I think we're now approaching a level where panic-buying in may be not the smartest thing to do. $190 or $160 on Stamp was the price to grab your coins for. But timing the bottom is always a very very difficult thing to do. In the long term buying now will most likely be still a very smart thing to do.
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gkv9
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!!! RiSe aBovE ThE StoRm !!!
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January 26, 2015, 02:49:11 PM |
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Depends. I think we're now approaching a level where panic-buying in may be not the smartest thing to do. $190 or $160 on Stamp was the price to grab your coins for. But timing the bottom is always a very very difficult thing to do. In the long term buying now will most likely be still a very smart thing to do.
But how can one decide that at what rate to buy in and sit back? Is it impossible for BTC to crash again and not recover back? Since BTC saw $1k was just two times, and we are still trying to see those ups and cross-overs of the price again, but who knows what's a stable rate for BTC? Newbies can't decide in a market so liquid where people sell on news which has nothing to do much with BTC...
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NUFCrichard
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January 26, 2015, 02:51:04 PM |
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With the price going back up, I wonder how many of the people who screamed "I'M OUT!" And sold at $200 are buying back in?
Most smart people got out before the huge crash began, Bitcoin crashed from $1200 to sub $300, You have your chance to sell on the $900 way down, don't you know? Account registered 9 days ago, yet your hindsight is 20:20 back more than a year!
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Kipsy89
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January 26, 2015, 03:13:00 PM |
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Depends. I think we're now approaching a level where panic-buying in may be not the smartest thing to do. $190 or $160 on Stamp was the price to grab your coins for. But timing the bottom is always a very very difficult thing to do. In the long term buying now will most likely be still a very smart thing to do.
But how can one decide that at what rate to buy in and sit back? Is it impossible for BTC to crash again and not recover back? Since BTC saw $1k was just two times, and we are still trying to see those ups and cross-overs of the price again, but who knows what's a stable rate for BTC? Newbies can't decide in a market so liquid where people sell on news which has nothing to do much with BTC... Bubbles are pretty easy to see. It's a bit more difficult to recognize the exact pinnacle, but apart from that they're pretty obvious. There are several attempts of trend-reversals, and you have to use your gut feelings I guess. Could've been the reversal in November, could be this one, maybe we need another one in March or April... We'll see ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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zeroday
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January 26, 2015, 03:14:25 PM |
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With the price going back up, I wonder how many of the people who screamed "I'M OUT!" And sold at $200 are buying back in?
Most smart people got out before the huge crash began, Bitcoin crashed from $1200 to sub $300, You have your chance to sell on the $900 way down, don't you know? LOL. The wisdom of hindsight. I know many "smart" people who dumped at 30-50 during 2013 rally. They were sure it was a peak and they are going to have megaprofits rebuying back at 5-10 ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Kipsy89
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January 26, 2015, 03:23:52 PM |
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With the price going back up, I wonder how many of the people who screamed "I'M OUT!" And sold at $200 are buying back in?
Most smart people got out before the huge crash began, Bitcoin crashed from $1200 to sub $300, You have your chance to sell on the $900 way down, don't you know? LOL. The wisdom of hindsight. I know many "smart" people who dumped at 30-50 during 2013 rally. They were sure it was a peak and they are going to have megaprofits rebuying back at 5-10 ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Ha, yeah... Hindsight is an awful thing. But sometimes you can actually learn from those things and make it better the next time around. That's the beauty of Bitcoin and a lot of the stock markets - a lot of times you get a second chance, you just have to be patient and calm enough to seize it!
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ensurance982
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January 26, 2015, 03:33:57 PM |
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Glad I was so brave and bought a couple Satoshis when we hit the bottom a week ago. Don't know how fast we're going to continue our climb into space now, but I'm still optimistic and quite convinced everything will be just fine!
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Febo
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January 26, 2015, 07:10:32 PM |
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With the price going back up, I wonder how many of the people who screamed "I'M OUT!" And sold at $200 are buying back in?
If you you sold out, you will stay out unless you will buy back in.
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Amph
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January 26, 2015, 07:19:13 PM |
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With the price going back up, I wonder how many of the people who screamed "I'M OUT!" And sold at $200 are buying back in?
They probably sold their coins below $200 and bought back in at a much higher level ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Why? Because they are back in and again believe Bitcoin is THE BIG thing. funny thing they will do it again at the next drop buy low sell high
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BitCoinNutJob
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January 26, 2015, 07:26:07 PM |
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With the price going back up, I wonder how many of the people who screamed "I'M OUT!" And sold at $200 are buying back in?
The smart thing to do is get back in around now, this pump isnt done yet, check out the number of users on reddit right now, WTF!
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okthen
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January 26, 2015, 07:43:40 PM |
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I think most who panic sold @200 just left the bitcoin world altogether. The ones who stayed... I think they'll panic buy at around 400 ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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azguard
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January 26, 2015, 08:48:56 PM |
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I think most who panic sold @200 just left the bitcoin world altogether. The ones who stayed... I think they'll panic buy at around 400 ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) most like would be 350 but 400 sound fine to me. we will see in no time
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CryptKeeper
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January 26, 2015, 08:57:46 PM |
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Everytime when there's a pump on good news I'm wondering if all you guys have your fiat on the exchanges all the time? Or how can you react so quickly and buy into BTC during a rise? When I want to buy some BTC I first have to wire some fiat to the exchange, take me at least a (working) day! ![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
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srgkrgkj
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January 26, 2015, 08:58:36 PM |
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agreed watch the price grow !
DISCLAIMER : ANYTHING CAN HAPPEN speculation is speculation don't trade on advice given on the board !
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