Quote from: Amph on May 21, 2015, 07:29:17 AM

Quote from: arallmuus on May 20, 2015, 04:07:47 PM

Quote from: Amph on May 20, 2015, 07:08:22 AM

Quote from: arallmuus on May 19, 2015, 10:01:35 AM

Quote from: Agestorzrxx on May 19, 2015, 09:36:42 AM

The best strategy is buying now and never sell it until the price going to $10000. You can't think the price is only $200+, right?

This is known as a long term strategy in BTC trading but as you know that this strategy is quite risky especially with the current state of the price where you can see that the price is declining day by day.

Your prediciton is a bit off there as no one could ever guarantee that the price is going to raise up because all we can see that the market itself is now controlled by pure manipulation of some group of whales.

Not to mention that satoshi himself said that there will be either alot of BTC transaction in the future or nothing.
This actually indicates that satoshi himself is not even sure about the future as things might happen

shorter strategy is risky too and more dangerous than just holding, also is less newbie friendly, you need to be a little professional to do it well

satoshi said that because for him bitcoin was still a test, i would like to know what he would say now...

Not really. Since there are two kinds of short term strategy here. The one that you mentioned is about day trading which need the skills to read graphs and the ability to take on profit for every margin of buy and sell .
The other kind would be a short term strategy which doesnt require the ability to read graphs or so. I.e buy 1 BTC at $235 and sell it tomorrow for $1 would be a great turn of profit.

The long term strategy on the other hand require much longer time and much more difference before someone willing to sell like almost difference of $25 before people willing to sell it because they thought that it is not worth it and of course lack of time to check the prices as well

P.S : Test or no, BTC has change a lot of people's life. Im grateful that I have the chance to know about BTC Wink

basically the other short strategy you are talking about is pure gambling, because without ta observation you can't go far away, one day you lose more than your lucky gain, unless you're farsighted and your actions do not stop soon

More or less not the same. Actually you could have an alarm in your phone to warn you just incase the value is decreasing by X percentage from the price that you bought at . Using this simple application, I have been able to step away from major lost and gain profit overall.

Gambling on the other hand requires almost nothing but luck (im saying standard dice sites though other games may need a bit strategy). Farsighted had to do with reading graphs because you cant convince yourself to hold while you dont have the confidence about the price that may raise in the future if you had no such data