Quote from: imperi on July 04, 2011, 10:21:07 PM

Quote from: Astrohacker on July 04, 2011, 10:20:31 PM

Quote from: pennytrader on July 04, 2011, 08:08:14 PM

if anybody is familiar with this basic investment concept. Now my question is what's your stop loss? You're holding BTCs because you either bought them or mined them. Either way, do you set any stop loss?

For me, I'll probably sell all my BTCs if the price goes below $10.

I think you have this backwards. You're supposed to buy when it's low, and sell when it's high.

He'll probably buy back when Bitcoins are in good shape at $20. Grin

"Buy high, sell low".

Holey Swiss Cheese Batman, I've been doing it wrong this whole time!