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rikrikrik (OP)
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February 01, 2015, 12:00:47 PM
 #1

every time i buy another 500$AUD of bitcoin theres a price drop the next day!!

crazy am i cursed?

I sell small amounts of BTC for PayPal msg me for details and spot rate
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Reply with quote  #2

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February 01, 2015, 12:04:01 PM
 #2

Yeap dude, you're cursed.

Bitcoin network is rejecting your cursed fiat money  Grin Grin


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olloman
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February 01, 2015, 12:04:29 PM
 #3

you are definitely cursed. Please be kind and from now on tell us before you purchase more bitcoins!
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February 01, 2015, 12:07:32 PM
 #4

every time i buy another 500$AUD of bitcoin theres a price drop the next day!!

crazy am i cursed?

Nope  Cheesy
Because for the last whole year btc price was mostly in down trend. So the probability of price drop after your buying is very big.
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February 01, 2015, 12:08:50 PM
 #5

every time i buy another 500$AUD of bitcoin theres a price drop the next day!!

crazy am i cursed?

Do the reverse. Start selling Smiley

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February 01, 2015, 12:09:01 PM
 #6

Just mere coincidence. Try to monitor and track the price before buying.

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February 01, 2015, 12:11:30 PM
 #7

Do you do your homework before buying $500 worth of BTC each time or do you just think this must be the bottom and go with it?
I am guilty of this myself but now i only purchase about $50 each time and also spend time checking the markets before jumping in.
BTC is not a get rich quick, its a very long term thing, unless you want to short it.

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February 01, 2015, 12:26:31 PM
 #8

every time i buy another 500$AUD of bitcoin theres a price drop the next day!!

crazy am i cursed?

Well, it depends... If you are a trader then it's a curse. If you are long term investor it's a blessing at these prices. You just do not know it yet.
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February 01, 2015, 06:56:56 PM
 #9

start doublee your btc and makes it money when you price it back later Cheesy
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February 01, 2015, 07:10:13 PM
 #10

start doublee your btc and makes it money when you price it back later Cheesy
not every time only if the price drops by half the it would be like martingale lol
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February 01, 2015, 07:14:19 PM
 #11

I know how you feel. My luck has been just about the same!

Perhaps we should reverse our buying strategy?
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February 01, 2015, 07:17:34 PM
 #12

Well, you are buying on a low. Wait for it to stop crashing then buy.
mercistheman
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February 01, 2015, 07:42:47 PM
 #13

You did buy low  Wink
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February 01, 2015, 07:44:09 PM
 #14

Buy for 50 000 000$ and you will see a small price increase.  Tongue

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February 01, 2015, 07:48:31 PM
 #15

every time i buy another 500$AUD of bitcoin theres a price drop the next day!!

crazy am i cursed?

I think it happens with everyone Tongue
But now it was evident price would go down.
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February 01, 2015, 07:56:06 PM
 #16

It's a fools game to try to buy at the bottom.  You'll never know the exact bottom.  But you can place your largest order at damn near the bottom.

How?

Position trading.  That's how.  Plan your trade all the way to under 50 bucks.  Buy in progressively more as the market dips.  Stick to your plan & short of BTC going up in smoke (which aint gonna happen), you won't lose. 
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February 01, 2015, 07:59:11 PM
 #17

every time i buy another 500$AUD of bitcoin theres a price drop the next day!!

crazy am i cursed?

I think it happens with everyone Tongue
But now it was evident price would go down.
maybe he means that when he sells it the price goes up again then he buys again and so on
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February 01, 2015, 08:00:45 PM
 #18

Finally I have found the cause of this drop in BTC price, It was you and i was looking for another reasonable cause? lol
off course you are cursed by the god of BTC lol Cheesy
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February 01, 2015, 08:12:49 PM
 #19

Not sure what time you bought yesterday, but I am 3 dollars away from having my first successful btc buy in god knows when, so you should be ok, assuming china does not wake up today  Wink
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February 01, 2015, 08:44:41 PM
 #20

Not sure what time you bought yesterday, but I am 3 dollars away from having my first successful btc buy in god knows when, so you should be ok, assuming china does not wake up today  Wink

Sometimes we get an end of weekend dump.
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