Quote from: Amph on June 01, 2015, 10:34:07 AM

Quote from: neurotypical on May 31, 2015, 10:26:19 PM

Right now with all this fork talk I wouldn't risk getting in. The price has gone from 240 territory to 230 lows. We'll see to what extent does all of this have a true impact on the price. I would say we are going to be on a low price until all of that gets settled and we can talk Bitcoin has something solid that may not get jeopardized by block size limit every X years (we cant be forking periodically).

just follow the wave if this recent news would bring bitcoin to sub 200, then dump and buy again at 150-200

Isn't trading usually based on following the trend and not on ~~hype~~ speculations? I wouldn't say that just because BTC drops below 200$ it will drop to 150 where you can buy in. Then again, based on what indicators you follow or use, it may be good to sell/buy at that point. I don't know. I have personally found that these speculations work about 50% of the time. Someone says something, if he/she was right then comes the "I told you so", otherwise silence. Also, lot of people try to influence the market with their suggestions, (in their favour) so you have to listen selectively, which can be hard.

If there was a golden strategy, a lot of people would be rich by now. Fact is, strategies exist and work in certain situations. However there are a range of difficulties that separate theory and practice. I suggest going to http://stockcharts.com/school/doku.php?id=chart_school and making some long research there. I'm doing the same currently and testing a few trading techniques.

I have tried following a strategy out of the box, but it didn't work. Even though it should be working, based on maths etc. There is a lot of experimenting involved.