Post
Topic
Board Speculation
Re: Bitcoin is looking weak. Recommend you guys take profits soon over $1000.
by
donjoe
on 07/12/2013, 15:45:45 UTC
I missed my $1.00 range to buy in as it hit $2.01. I was close enough. Same stupid mistake was I predicted oil would hit $20 a barrel in around 2008, it hit like $30, my plan to buy in big at $20 and I missed that opportunity.
My two satoshis for people who strike out like that: spread out your orders, don't bet everything on a single price point. I like to distribute my orders on a bell-shaped curve centered on my main prediction, for example.