Buying bitcoins

drunkmonkey · 21-12-2017 08:56PM

brendanwalsh wrote: »

Bears make money. Bulls make money. Little pigs get slaughtered. And there's a lot of hogs being butchered today. Take your bacon off the table guys before you get sizzled.

Agree this flagged as time to take a short position on Tuesday evening when the sell off began.
Take your profit and run if you didn't buy near the top of the pyramid.

Gryzor · 21-12-2017 09:19PM

What's going on, I was the wolf of Wall Street upto yesterday! :pac:

NomadicGray · 21-12-2017 09:27PM

Be greedy when people are fearful

Paddy_B · 21-12-2017 09:31PM

machiavellianme wrote: »

I sold the lot back to FIAT a while ago. Lost all the profits from the past few weeks but I guess it lessens my CGT burden.
Unsure where to set the buy orders because of the volatility. Could fall a long way yet, but the last time I felt like that it shot up 3k and I was left behind.

Maybe try Dollar Cost Averaging and buy half today and another half next week. If it goes down further, happy days! You'll get more crypto with your other half next week. If it recovers and goes up again, at least you got in today while it was low.

Shauny2010 · 21-12-2017 09:33PM

I've sold a good few of my Alts now. The overall value of my cryptos has fallen, but I've managed to increase my Bitcoin holding.

GreeBo · 21-12-2017 10:14PM

Shauny2010 wrote: »

I've sold a good few of my Alts now. The overall value of my cryptos has fallen, but I've managed to increase my Bitcoin holding.

I'm still hodling all my alts, totally out of btc these days, doesn't have the same potential

brendanwalsh · 21-12-2017 10:39PM

pro_gnostic_8 wrote: »

Drama Queen !

Bully!!!

edit: LoLth: same applies to you. attack the post, not the poster or just report it and let a mod take care of it.

Blacktie. · 21-12-2017 10:58PM

brendanwalsh wrote:

Bears make money. Bulls make money. Little pigs get slaughtered. And there's a lot of hogs being butchered today. Take your bacon off the table guys before you get sizzled.

So do you put money down on this or do you just bitch about everyone who does?

Shauny2010 · 21-12-2017 10:59PM

GreeBo wrote: »

I'm still hodling all my alts, totally out of btc these days, doesn't have the same potential

I find Bitcoin holds up better when theirs a sell off. My strategy (could be a flawed one but I'm doin ok and increasing my bitcoin numbers) is to sell off some bitcoin after a price rise, then find a few Alts that look promissing and haven't followed bitcoin yet. Sell the Alts when they rise and Buy back bitcoin again.
It works most of the time although I have missed out on some rises too

JaCrispy · 21-12-2017 11:00PM

Shauny2010 wrote: »

I've sold a good few of my Alts now. The overall value of my cryptos has fallen, but I've managed to increase my Bitcoin holding.

I'm trying to figure out how it's possible to have lost value on altcoins? Must be incredibly bad luck.

brendanwalsh · 21-12-2017 11:00PM

Blacktie. wrote: »

So do you put money down on this or do you just bitch about everyone who does?

So you don't actually read any of my posts on here! just continually attack me the same as the other bullies on this forum. Not surprised!

Not the friendliest bunch around here!

If you keep up this atmosphere you'll drive even more people off boards and on to reddit

GreeBo · 21-12-2017 11:13PM

JaCrispy wrote: »

I'm trying to figure out how it's possible to have lost value on altcoins? Must be incredibly bad luck.

If you don't diversify you have to be lucky with alts.
I'm often in the red with half my alts, but that other half more than make up for it.
I haven't really tried to day trade or time the market, too much hassle trading back to btc each time and too slow and expensIve.

Even after the huge drop over the last 48 hrs I'm still up over 100% overall, so very happy for 6 weeks work!

Shauny2010 · 21-12-2017 11:14PM

JaCrispy wrote: »

I'm trying to figure out how it's possible to have lost value on altcoins? Must be incredibly bad luck.

I don't know how you would have lost value on the Alts at the moment, I haven't anyways

nuac · 21-12-2017 11:28PM

NomadicGray wrote: »

Be greedy when people are fearful

And vice versa

Thargor · 21-12-2017 11:36PM

Yeah its a real bloodbath out there, back to where we were 2-3 days ago on most coins, in some extreme cases you might have to go back 4-5 days to find prices this catastrophically low, better dump while you still can everyone :rolleyes:

GreeBo · 21-12-2017 11:39PM

Thargor wrote: »

Yeah its a real bloodbath out there, back to where we were 2-3 days ago on most coins, in some extreme cases you might have to go back 4-5 days to find prices this catastrophically low, better dump while you still can everyone :rolleyes:

Lol.

I'm planning on filling my boots once my sepas land

seannash · 21-12-2017 11:44PM

Be interesting when Asia wakes up soon, they'll have some bargains or perhaps panic and sell. Hoping that they don't celebrate Christmas and don't need money for it ðŸ˜

Tar.Aldarion · 22-12-2017 12:48AM

Where do you all buy from btw? See how popular some of them are vs others.

annie.t · 22-12-2017 12:51AM

Thargor wrote: »

Yeah its a real bloodbath out there, back to where we were 2-3 days ago on most coins, in some extreme cases you might have to go back 4-5 days to find prices this catastrophically low, better dump while you still can everyone :rolleyes:

Sums up the whole internet today nicely

EagererBeaver · 22-12-2017 01:14AM

Diversified a bit for the first time today into XRP, XMR and IOTA using Binance. Want to get me some Blackcoin too.

I'm from the north, with an Irish passport, living in Spain, so getting verified on exchanges is a pain in the arse. Bittylicious is a good deal cheaper for the Blackcoin I want to get, so wish it would all hurry up.

SkySter · 22-12-2017 01:35AM

Got a bit of ICX yesterday. Going well so far. Bucking the trend.

q85dw7osi4lebg · 22-12-2017 04:50AM

BTC at $13,500 as I type. Got in and out of a tracker yesterday before nerves got the better of me (due to this forum). Wonder where the bottom is.

seannash · 22-12-2017 05:00AM

Angelo Sparse Sunflower wrote: »

BTC at $13,500 as I type. Got in and out of a tracker yesterday before nerves got the better of me (due to this forum). Wonder where the bottom is.

I fear when everyone in Europe wakes up alot of people will sell

GreeBo · 22-12-2017 05:08AM

Looks like everyone everywhere is selling everything.

22-12-2017 08:07AM

Will it hit 10k I wonder

machiavellianme · 22-12-2017 08:12AM

Wow. Temporarily touched 8800 euro on GDAX. Almost a 50% drop from the ATH last week.
Scary stuff.
On the other hand, all my buy orders filled at prices I thought were keen but now I'm in the red.

soirish · 22-12-2017 08:21AM

Buy Dogecoin, it will go to the Moon (literally)

22-12-2017 08:39AM

Eth tanking too

Kenny Logins · 22-12-2017 08:47AM

Looks like the last month of craziness is just being completely wiped out.

seannash · 22-12-2017 08:56AM

Yep it seems like Asia panicked as well and sold. Europe is waking up and selling also.
Might be a while before things settle.
I think a lot of people wont return after this particular drop.

Buying bitcoins

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