Quote from: Elwar on April 10, 2013, 09:04:22 PM

There is no bull or bear. Only Bitcoin or fiat.

Make your choice.

I already did, and it's Bitcoin.

I like speculating and playing with the markets though...

Quote from: giarc on April 10, 2013, 08:55:47 PM

Quote from: marcus905 on April 10, 2013, 08:51:08 PM

Is this the start of a recovery or a bull trap?

I'd hope for the first but I'm still confused...

This has been a major fall and there seems to be no sign of the depression stage of a bust, on top of this the population of bitcoin investors has a large ideological component creating excess bullish tendencies. These two things suggest to me that there should be a bull trap at some point and that this is possibly it.

I wouldn't worry about buying back in quick, wait for the depression stage when you can be more comfortable with your choice. If it stabilizes before then it'll cost you maybe 10% to buy in later. If not you'll profit from a lower price and no loss due to a fall.

Thanks! It's what I think I'll do

The sentiment about Bitcoin is positive from what I see, though

marcus905

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