Quote from: Newbie1022 on November 29, 2014, 08:06:05 PM

Quote from: JayJuanGee on November 29, 2014, 08:04:25 PM

Quote from: Newbie1022 on November 29, 2014, 07:50:35 PM

Quote from: JayJuanGee on November 29, 2014, 07:45:29 PM

Quote from: Newbie1022 on November 29, 2014, 07:01:29 PM

Quote from: BlindMayorBitcorn on November 29, 2014, 06:59:08 PM

Quote from: JayJuanGee on November 29, 2014, 06:55:11 PM

Quote from: Newbie1022 on November 29, 2014, 03:27:58 PM

Quote from: JayJuanGee on November 29, 2014, 01:56:37 PM

Quote from: BlindMayorBitcorn on November 29, 2014, 01:35:48 PM

Buying all the way down from $1200 must have felt bloody horrible. Like silver stackers who started at $50 an ounce. So many cheap coins!

Nope. It did NOT feel that bad, and part of the reason is because of the quantity being invested was NOT very high. Surely, there were a few moments that i was a little concerned about the value of my overall BTC portfolio, but overall, I did NOT feel badly or have trepidations or second thoughts.. again probably because I had allocated the quantities of my investment towards bitcoin, and I considered dollar cost averaging to be the best of the available options.. especially in order to continue to accumulate coins in the event that the market prices would begin to reverse.

But you said earlier that you had a lot invested in BTC. Also, you've been buying since $1200 and haven't caught the hint, yet. You must be in way over your head by this point.

Yes, too many details for little minds like yours to keep track, yet enough details for little minds like yours to grasp onto some irrelevant details in order to attempt silly-ass and distracting holes. I also said that I have less than 10% of my total quasi-liquid investments in BTC... and that I had doubled down around $600... Accordingly, a lot is relative and a lot is doubling down at $600 which had caused more difficulties to bring down the average price per BTC while BTC prices had continued to fall from $600 but have been largely stuck in the $340 to $420 range for a couple of months.

Do you plan to double down again if we hit $150? And $75? Serious question

If we hit $150... I would double down. I think this guy shot all his bullets, though. It sounds like it. Otherwise his number wouldn't be in the $550s... he would have doubled down in the low $300s. He's cooked.

I doubt that this guy is "cooked." This guy had a lot of fiat come available in May and June and then the question was about how much to invest at that time and whether BTC prices would go lower? I was of the assessment at that time, that prices were heading up, and NOT down.. so I invested a considerable chunk at that time (over those two months approximately, and NOT everything as you seem to imply).

HAHAHAHAHAHAHAHAHAHAHAHAHAHA!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Between May and June was the very peak of the proximate high... you invested at the top of both bubbles. HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

I would say you just don't know when to stop shooting yourself in the foot, but that was already obvious based on your "trading strategy." Buy high, sell low!!

I have NOT sold, yet.. maybe under your theory, I will be selling in the $0 to $550 arena, and I doubt that I will do that.. but anything is possible.

Further, maybe you should consider providing some contemporary details of your strategy, but people got too bored with your illogic, so you converted to full-fledged troll (rather than half-fledged troll). Congratulation in joining the ranks of NOT not porkchop.

My new strategy is to do exactly the opposite of what you say you are doing. Seriously, you are a champ at calling tops for a market -- you just forgot that it wasn't buy high, sell low.

Good luck with that strategy. You could be right, but I believe chances are better that BTC will be going up rather than down... but whatever, you have your methodology, apparently, even though it seems to make little to NO sense.