Feri22
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January 05, 2014, 02:47:45 PM

I sold at 550 expecting to buy at 350...i had to buy at 735 USD...I know i should be happy, but i feel like stupid panic selling at 550...i found out that everybody has some certain selling price...i bought at 90USD/1 BTC so of course i was easy hodling when the price went from 1200 to 800...but then was 700, 600, 580, 560, 550, bum..panic sold...i think many guys here are really calm holding bulls because they bought under 10 USD...so it is little bit more easy to hodl i think...But i learned now this about bitcoin the hard way and true is, i am not selling even when it would start falling to...so to all bears, you should buy right now and just shut the fuck up already, we are heading to 10,000 with or without you Cool

The price went 2 times from 1200 to 800...
It was really stupid not to sell at least 50% @ second top

Either you sell there or NEVER! But why @ 550? Just don't trade if you panic sell or buy. It's most of the time completly wrong.
Anticyclic buying and selling is the key to suceed. Or the easy way -> buy and hold (and sell @ ath, never at the bottom after a ath)

You are right, but after war is everyone general you know? In that moment when i read about Chinese almost banning BTC in China and seeing it is falling down fast, it was hard to hold....And you can't never know 100% in bitcoin market what the market will do...so i learned the hard way to hold or sell only when you got the really bad news in time...