Ninjastic
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 25/04/2014, 08:09:46 UTC
Quote from: rpietila on April 25, 2014, 07:44:14 AM
Quote from: JayJuanGee on April 25, 2014, 07:15:45 AM
Quote from: rpietila on April 25, 2014, 06:17:20 AM
I might aim to increase my number of coins not by the usual 10-20% but by 50% with a little more aggressive play. Is anyone with me? PPT? Wink  

I know that you MAY NOT care, but I would like to buy at the lowest point... Maybe $420-ish?    Anyhow, if you are going to buy several thousand coins, then you should let us go first... b/c your buying may cause the prices to go up a lot, that is if you are buying on any of the exchanges..

No I am not in a position to do that now. The market is stable and going more long would not be prudent. It's good to have cash always with which to buy at dips. This is not a dip, this is an accumulation zone, and my accumulation was done in February already.

I mean I could play more in the top formation phase, even go short if there is a service that would allow doing it with 10,000 bitcoins.


Seems that I may have misunderstood you... b/c I thought that you were considering buying more BTC b/c you considered the price to be so cheap at the moment, and maybe you were considering helping to push the BTC prices up. 

Also, if you had been following some variation of the SSS system, then possibly, you would have sufficient fiat at your disposal in order to accomplish the buying up to possibly a few thousand BTC. 

I'm just small potatoes.  I could maybe buy 10-20 additional BTC, but I prefer NOT to stretch my finances that much (or to over extend myself into BTC too much), so I was merely considering buying 3-4 additional BTC - depending on how low the prices get. 

I am getting a little nervous right now b/c the price is getting close to my buying trigger point.  I would prefer to buy below $450, but I would rather just buy instead of missing the boat, if it is NOT going to go any lower.  Also, I would prefer lower BTC prices to buy, if I become convinced that BTC prices will go lower, I may chance waiting some more.  I had been thinking there may be an additional attempts to dump over the weekend.. but maybe it will be too late to wait that long, and BTC prices will spring back into an upward direction?