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And how do you know when low is low ? sorry but what you says doesnt make sense. You dont know wether bitcoin will go down to 100$ or go up to 1000$. You cant
by camus2 13y ago
And how do you know when low is low ? sorry but what you says doesnt make sense.
You dont know wether bitcoin will go down to 100$ or go up to 1000$. You cant know for sure, you only can assume it will go up or down.
So the "buy low sell high" doesnt mean anything.It like saying water is wet.
For some people 1000 was low enough to buy, for some it was not high enough to sell.
- warfangle 13y agoFor me? High is "higher than it was a little while ago, looking like a hype circlejerk from lurking on /r/bitcoin;" low is "returning to market norms:" the resumption of relatively flat price increase over time after a bubble pop.
- Kluny 13y agoWhen the hype gets loud enough that local papers and your tech-unsavvy parents are talking about, it's high. Sell then. For me that would have been mid November - I would have missed the $1000 peak but still would have made out like a bandit.