Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 25/08/2015, 15:54:39 UTC
Everybody, get ready for a massive dump, because I just bought back in. Somehow what I do always makes the price do the opposite  of what is good for me.

This is exactly how it works for me.  I'm THE best counter indicator there is.  Sold before the huge boom @ 240 back in early '13, kicked myself in the ass.  Bought back in not that long ago around $300, sold at $250, bought at $230, sold at $215.  Every time I buy, the market drops and every time I sell, the market goes up.  I need to have 2 accounts so I can buy on one and sell on the other and be covered either way.

Sounds like you are way too skitish and impatient...

One potential partial solution is to have one account that is long term and just buy no more than you can afford to lose, and just wait it out.. in other words dont sell from that account until it reaches a certain predetermined point (more or less).   On the other hand, you may be too bearish overall in your sentiments regarding BTC, even though it sounds as if you have been at it for at least two years.