Quote from: Justsomeforumuser on May 14, 2011, 04:31:26 PM

Quote from: proudhon on May 13, 2011, 01:59:33 PM

Pffffff, I'm selling and recovering initial investments before the big crash.

Dito. I'd rather average out as price rises than sit on 1000 BTC when they move to 0.

One strategy is to target a USD value for your bitcoin holdings (especially if you're planning to retire in the US on the basis of bitcoin holdings) and then set (m,n) so that you're periodically selling m% of your holdings and buying US$n worth of bitcoin (obviously netting those two out). E.g. you'll eventually have US$1m if you're selling 0.01% and buying $100 every month (you'll only be net-selling if your bitcoin holdings are currently above US$1m, but as long as the bitcoin price isn't monotonically decreasing over the discrete transaction times, you'll most likely build-in some trading profit as you bought more when it was cheap thus reducing your cost basis)