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Author Topic: Did you sell at $160?  (Read 2263 times)
DustyRah (OP)
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February 02, 2015, 11:48:06 PM
 #1

Now is not a good time to sell: http://bitcoincharts.com/charts/btceUSD#rg60ztgSzbgBza1gWMAzm1g10za2gWMAzm2g25zxzi1gCCIzi2gMACDzv

If the MACD and EXP pull out into positive territory, we may end up in the 4xx range.
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Malin Keshar
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February 02, 2015, 11:50:11 PM
 #2

if you sold at 160 to rebuy at 150 you did a good trade anyway.


(and the price now is not 160 so why the question?)
DustyRah (OP)
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February 02, 2015, 11:52:29 PM
 #3

My point is that if you sold at $160 and now its at about $230, it was not a good idea and in fact a huge loss. The price appears to be stabilizing around the $150 to $250 range.
RyNinDaCleM
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February 03, 2015, 12:09:46 AM
 #4

My point is that if you sold at $160 and now its at about $230, it was not a good idea and in fact a huge loss. The price appears to be stabilizing around the $150 to $250 range.

It's only a huge loss if you bought back here! Isn't that the same as not losing because you didn't sell you $900 coins?

dsly
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February 03, 2015, 12:19:30 AM
 #5

Some people on the forum are promoting DUMP, and some are promoting a PUMP. getting crazy today .

nextblast
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February 03, 2015, 12:34:51 AM
 #6

Some people on the forum are promoting DUMP, and some are promoting a PUMP. getting crazy today .
In fact this happens almost everyday.
No one can predict the future, we should simply buy some coins in case of missing a life time opportunity.
arvis
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February 03, 2015, 12:37:07 AM
 #7

My point is that if you sold at $160 and now its at about $230, it was not a good idea and in fact a huge loss. The price appears to be stabilizing around the $150 to $250 range.

$150-$250 is a broad range.
Nobody would call Bitcoin's price stable if it is in this range.  Smiley
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February 03, 2015, 01:42:35 AM
 #8

This thread title is very reminiscent of a Smoothie thread during the last bull run. Never got old.
Q7
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February 03, 2015, 02:08:54 AM
 #9

People who sold at 160 would never know if price could climb to current range. Similar people who bought in right now would never know if it will drop back down again to 160. So it's a gamble and the problem here is if you decide on short term strategy. Go long term instead.

dropt
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February 03, 2015, 02:28:39 AM
 #10

This thread title is very reminiscent of a Smoothie thread during the last bull run. Never got old.

I almost don't believe the local minima is in until I see the smoothie thread  Undecided
lexuz
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February 03, 2015, 03:09:36 AM
 #11

My point is that if you sold at $160 and now its at about $230, it was not a good idea and in fact a huge loss. The price appears to be stabilizing around the $150 to $250 range.

Now range is 190-240 not stablr price is normal
abacus
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February 03, 2015, 03:50:37 AM
 #12

People who sold at 160 would never know if price could climb to current range. Similar people who bought in right now would never know if it will drop back down again to 160. So it's a gamble and the problem here is if you decide on short term strategy. Go long term instead.

Good advice, I agree that reasoning on short term is just gambling.

Also, about who suggest that price seems to stabilize in some range, I would ask for how long? Just a couple of weeks?
To me, it seems that BTC has never been more volatile than the past 12-14 months.
pooya87
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February 03, 2015, 07:25:48 PM
 #13

oh got i cant think of what will come in the following days Tongue
before it was a wave of post negetive (bitcoin is dead dump dump) or positive (it is headed for 1000....$ buy buy)
now it is all mixed up and shit Cheesy

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1Referee
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February 03, 2015, 08:47:43 PM
 #14

Whoever sells at $160 and buys back at over $200 should never ever invest in anything again.

That clearly shows they don't know anything about how markets work.

yeponlyone
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February 03, 2015, 09:22:47 PM
 #15

I actually bought at $160 so yeh!
rosh
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February 03, 2015, 11:48:58 PM
 #16

I actually bought at $160 so yeh!

You are the fortunate one. Smiley
Okurkabinladin
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February 04, 2015, 12:53:29 AM
 #17

My point is that if you sold at $160 and now its at about $230, it was not a good idea and in fact a huge loss. The price appears to be stabilizing around the $150 to $250 range.

When we hit 120 in the second half of february, you will feel like an idiot  Wink what matters is only the end game ie. how widespread and worthy will bitcoin be in the next five years.
Dread Pirate Roberts
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February 04, 2015, 01:43:08 AM
 #18

if selling at $160 it will cannot buy price below it Smiley
the bottom price of januari 2015
tyrexs
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February 04, 2015, 05:36:10 AM
 #19

bitcoin coming to $160  Cry Cry

grendel25
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February 04, 2015, 06:56:37 AM
 #20

actually I bought at around 275.  Wish I'd bought more at 160 but money is limited for me Sad

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