Quote from: 600watt on March 03, 2014, 09:24:40 PM

Quote from: Admired on March 03, 2014, 06:41:07 AM

So I have like 33 BTC and have a buy average of 705 USD as I got in the game late. Is it smart to just sell at a loss now in hopes the price will go down to the $400 to $500 range where I can get more btc for the price even though I will be still at a loss until like $650. I know a lot of you will be saying I should have sold earlier but I am a newbie and just kept hodling.

it already hit 710 today at stamp. keep your btc, don´t start day-trading now. the bear market is over, put the btc in cold wallet, wait some months and see it´s value rise week by week. it may feel bad to have temporarily "lost" some $. but i can tell you from experience: it feels much worse to day trade and end up losing coins. you do not only feel the pain of the actual loss, but in addition this hounting bad feeling about the potential future losses, since the coins you lost will keep rising in value...

do not start trading now. and forget this altcoin sheit.

sorry your late to the party, his question was posted yesterday when the price was $560-570.
also, you seem to be new, or a novice trader. alt coins are the FUTURE. especially dogecoin. (I've spent many, many hours and analyzed virtually every other major coin, and went through about 200 of the top altcoins, dogecoin is the lowest risk, VERY VERY high potential, it has strong technical and fundamental support). Theres a big difference between 5x your money and 50x your money, but hey, you can't teach an old dog new tricks- unless he really wants to learn