Post
Topic
Board Speculation
Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore
by
phoenix1
on 27/04/2013, 17:06:50 UTC

Yep, I'm one of those... I've got none at the moment I sold them earlier on (slight panic sell, to be honest). If I buy in again I'll be buying in at pretty much the same as I sold at. I just can't see where this is going (up or down). As you can tell I'm new to this and have never traded before pre-BTC.

tomjo7
What you do depends on your motivation ... if you are looking to 'trade' I would say that this is not a particularly good entry point due to the aimlessness and low volume (and also I think we are headed lower  Tongue)
If you don't have a view, don't do anything ... sit on your hands and wait til you have a view.
Wise man once said "if there's nothing to do, do nothing"

If you have a fixed sum you want to put in and hold for the long term, it does not matter so much ... if this is where you sold out in a panic, buying back in at the same level does not sound so bad.

Ask yourself, right now, am I comfortable having no Bitcoins ... ?