Post
Topic
Board Speculation
Re: Has it been so bad before?
by
backonEarth
on 18/01/2015, 23:05:58 UTC
things will turn out great in the end. hold on to your bitcoins and you'll see. be patience.
Ok, but I'm out when it hits 125€ anyway. Not really eager to wait a few months/years first.. And if it revises which I still hope then, bitcoin can never die Smiley.

Ok, so let's review what you've revealed about your trading strategy so far.  You bought near the all time high, and you're planning to sell at the bottom of the crash.  So basically your strategy is: buy high, sell low.  You're not a really great investor, are you?
It's more about selling in time before it gets to 10$ and Bitcoin doesn't recover. Last days were positive for the exchange rate but time will learn, I see a very little chance in recovering it to my buy-price for now.