Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
TakeTheSkyRoad
on 15/04/2014, 10:32:30 UTC
Back in. I'm ready to see some rockets.

Now walk away and come back in a year or two.
The speculating over the long term is always the best way with a very volatile currency/stock.

I'm partly telling myself here since while chasing the *bottom* I missed the actual bottom and have subsequently lost all the hard-fought gains I made in the last couple of months *sigh*
Also I bought in back in December/January.... well above $700 lol

Main thing I've learned: the pain of watching it rise while out of it was far, far, far worse than watching it sink while holding.



Well I tried to be smart at first and traded BTC for LTC.... I thought hey I can stay in crypto and still make more BTC.
Then I started to trade 2/3 of my LTC for $$ since that made me more on each trade.
Finally a week ago (expecting a big dip) I sold 100% to $$ and then missed the bottom.
The upsetting thing is I nearly bought back in at $9.8 but cancelled it and put in a buy even lower but it didn't go that low again Sad

Ah well... bitcoin keeps life interesting Cheesy