Quote from: deisik on March 21, 2015, 11:03:33 AM

Quote from: coyne1981 on March 21, 2015, 10:57:13 AM

Quote from: deisik on March 21, 2015, 10:44:05 AM

Quote from: coyne1981 on March 21, 2015, 10:33:26 AM

Quote from: deisik on March 20, 2015, 10:12:00 PM

Quote from: coyne1981 on March 20, 2015, 10:04:16 PM

This works assuming it will go up in the long run. To me that is more investing than trading. Trading consists of long and short positions so you are able to profit on the way down as well as up.

No one can forbid you from selling a small fraction of your bitcoins on downward corrections, and then again pursue this investment strategy after the price rebounds. Also, could you name bitcoin exchanges that allow opening short positions? I'm interested in firsthand experience...

Btc-e.com and bitfinex.com are probably most popular. Both offer short trading and also leverage if you want it. I prefer bitfinex as customer support is way better.

Bitfinex looks promising, and I will look into it later (though they don't trade doges, as I got it so far). I've heard not very good things about the Btc-e exchange (them seem to be keen on ruining their clients). Though, on the other hand, they are long enough in the trade (no pun) to just run away with money...

Yes, i had a bad experience with btc-e so I'll admit I'm bias. I still have a few hundred dollars in account there that I can log into and trade but it is impossible to withdraw because the email associated with the account no longer exist. (They require you to confirm withdraws with an email). My fault for the email but customer support will not help me with this. I've submitted dozens of support tickets and jump through hoops to confirm I am the owner. Even proved I had the same IP as when the account was open. All that to no avail. So I chalked it up as a loss. Shrugs.

You say that the email associated with your account no longer exists, but why is it impossible to recreate it? Did you forget the password to it, or was it an email at your previous work? Could you expand more on this, some people could probably help you with your woe...

It was a gmail account that I deleted not remembering it was for btc-e. I never made withdrawls in the $700+ days. Hahaha. I actually tried to recreate it some time ago but was unable to. I wonder if gmail waits some amount of time and then allows one to take the username.