Quote from: Kryza on January 27, 2015, 03:04:08 PM

Quote from: pawel7777 on January 27, 2015, 02:10:18 PM

Quote from: Kryza on January 27, 2015, 01:50:10 PM

In Canadian Dollars, the price of a Bitcoin 2 days ago was like 364$ and now it's 331, based on Preev Rates.
I'll probably just send all of my BTC's on bter.com and wait for the prices to go up, then sell. Then buy when it's cheaper.

edit: Yup, i'll do that, just realised that cloud mining was not a really good way to make btc's. Gambling either.

If you don't know what you're doing, you're very likely to lose your money this way.

If buying low and selling high was that easy, everyone would be rich by now.

There's plenty of people who bought 'cheap' at $700 and still waiting for price rise (or the other way around). There's no guaranteed average price.

Just look at bter.com, when the price of DOGE/BTC is at -10%, just buy some for 5 btc(example) and when it goes back to 0% or even +1.25% (Happens every 3 to 12 days) Pam, made 11.25% profit, you now have 5.56 BTC. More than 100$ profit. But you have to be damn lucky to make 11.25% profit, the more I made was yesterday for a test, the prices got to -10% and I sold back at -3.75%, but I only took for 0.225 btc, so it's not a really high profit.

Be very carefull!
It just look so easy

Believe me that in one moment everything can change like in mirror.. and you can lose. Cryptocurrency that high risk market Wink

Especially for newbies