BitCoin Future Prices

For me any up is a good up... feels nice to have a win while the metals continue to be squashed

 

Sell now and you have probably doubled your money, not bad for 12 hours

 

Not intending to cause offence but how is that different to going to casino and putting money on Black or Red?

 

Casino is gambling
Speculation is betting, there is a difference. You speculate with your life every time you get in a car

 

Bitcoin just broke the $1000 USD mark on MtGox.

 

Pretty glad I didn't dump any earlier on... I've been trading between BTC, LTC's and about 4 other little ones on BTC-e.com, so far have managed to double my BTC holdings this week - volatility is fun

 

Forcasts for the next week ?
(i pretty much asked this question in the LTC thread too )

 

Do you use metatrader or something to do this ?

 

I am absolutely horrible at trading.

 

for RM and I, whats the 5 steps we need to know for making money with every trade

 

Bitcoin climbing, Litecoin experiencing a small dip.

 

Not what I'm wanting at all... I want the oppositebecause I want to spread into Bitcoin before I go to sleep (get some sleep, Lol). I don't want to be tied up in one currency while I can't keep an eye on things.
The strategy cost me a lot money last night when I slept but it is safer, IMO.
I now find myself dealing with very reasonable amounts of currency. Life has become a bit of a blur as I try to manage things and lack sleep in general.

edit: I may capitulate.hhmmmm

 

A simple strategy for trading crypto, split your investment into 3, across, BTC, LTC & USD.
When LTC dips, you can pile in with both USD & BTC to BTFD.
or
When BTC dips, you can pile in with both USD & LTC to BTFD.
or
When BTC & LTC dips, you can pile into both with USD to BTFDs.
Of course, when the market 'stabilizes' again sell out of your opportunistic positions, so you are spread evenly across all 3 assets again, ready for the next opportunity.

 

Ya, I agree, BTC/LTC/USD works well.. I've pretty much doubled my Bitcoins as it is over the past few days due to luck and a little tactical timing due to my own strategy (gee I've made some mistakes though - but hey, I'm way out on top as it is).

 

Bit of a dump on MtGox just then, sent the price $100 south.

 

Really nice chart site, I think it's new

https://www.tradingview.com

 

I think this might be a contender for bitcoinwisdom, Beeteecee! Would you happen to know of any trading exchanges, or even charts sites that can email you an alarm notice once the market has reach a certain pre-determined point?
Also, while I'm asking questions, I'm in the market for a new desktop/laptop PC, Wouldn't mind having the capability to mine some coin while its running. Any recommendations for descent pre fab brand?

 

Yeah bitcoinwisdom doesn't seem to work on my browser so I was stoked to spot that tonight!

Not too sure about the alerts & PC but my first thought is to get one with a great cpu and mine primecoins, but I'm not sure it'd be profitable or anything. Even if it's not you can do it anyway and hope for a pump.

 

What did you guys do ??

I spend 2 days at a conference, I come back and look what you all did to the price

 

A lot of people would freak at how much AUD worth these fluctuations mean to me. Almost panic sold today (finger poised and so close), would have lost a lot AUD worth if I had done so. Wild stuff.what an experience as an amateur navigating through this.