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    I Keep Buying Up During Drops...Do I have a problem?

    Feathercoin Discussion
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    • A
      Atlas last edited by

      I just bought up another 12 BTC’s worth during this last dip. I’m expecting it to go down even further, and I’ll probably buy even more then. I’m setting 25 BTC’s as my limit for the next couple days. Should I stop doing this?

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      • ghostlander
        ghostlander Regular Member last edited by

        If many people panic and dump coins, why not to make a profit on this?

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        • S
          sumantso last edited by

          I have a bigger problem. I have bought up all I can, some at as low as 0.0003 ;D

          Now I have run out of money. Trying to flog the PXCs on Cryptsy but prices are tanking for that too. Also trying to raise money by selling a lot of the coins released over the last week.

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          • P
            Pathosverdes3 last edited by

            [quote name=“ghostlander” post=“8839” timestamp=“1370185103”]
            If many people panic and dump coins, why not to make a profit on this?
            [/quote]
            Because you won’t make a profit if it never gets back to the price you bought at.

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            • ghostlander
              ghostlander Regular Member last edited by

              [quote name=“sumantso” post=“8840” timestamp=“1370185258”]
              I have a bigger problem. I have bought up all I can, some at as low as 0.0003 ;D

              Now I have run out of money.
              [/quote]

              That’s not a problem. Relax and enjoy the show :)

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              • S
                sumantso last edited by

                [quote name=“Pathosverdes3” post=“8841” timestamp=“1370185346”]
                [quote author=ghostlander link=topic=1135.msg8839#msg8839 date=1370185103]
                If many people panic and dump coins, why not to make a profit on this?
                [/quote]
                Because you won’t make a profit if it never gets back to the price you bought at.
                [/quote]

                Thats where you have to make the call. Do you think it will be big? Then buy.

                Of course, nothing in life is certain. So I will not definitely sell my house to buy FTC (or even BTC for that matter).

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                • S
                  sumantso last edited by

                  [quote name=“ghostlander” post=“8842” timestamp=“1370185429”]
                  [quote author=sumantso link=topic=1135.msg8840#msg8840 date=1370185258]
                  I have a bigger problem. I have bought up all I can, some at as low as 0.0003 ;D

                  Now I have run out of money.
                  [/quote]

                  That’s not a problem. Relax and enjoy the show :)
                  [/quote]

                  Maybe I can tempt you with sexcoins? or memecoins? I am giving you a special discount :P

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                  • A
                    Atlas last edited by

                    Currently holding about 108,000 FTC’s. I just sold off a little chunk I bought this morning for a 1.1 BTC profit. Not bad I guess…

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                    • S
                      sumantso last edited by

                      [quote name=“Atlas” post=“8845” timestamp=“1370185551”]
                      Currently holding about 108,000 FTC’s. I just sold off a little chunk I bought this morning for a 1.1 BTC profit. Not bad I guess…
                      [/quote]

                      I know if I take a risk I may be able to increase my holdings. But I am always worried once I sell the price will keep on rising and I will be stuck.

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                      • ghostlander
                        ghostlander Regular Member last edited by

                        [quote name=“sumantso” post=“8844” timestamp=“1370185531”]
                        [quote author=ghostlander link=topic=1135.msg8842#msg8842 date=1370185429]
                        [quote author=sumantso link=topic=1135.msg8840#msg8840 date=1370185258]
                        I have a bigger problem. I have bought up all I can, some at as low as 0.0003 ;D

                        Now I have run out of money.
                        [/quote]

                        That’s not a problem. Relax and enjoy the show :)
                        [/quote]

                        Maybe I can tempt you with sexcoins? or memecoins? I am giving you a special discount :P
                        [/quote]

                        Thanks, I’ll take a pass on that ;D

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                        • M
                          Magic8Ball Regular Member last edited by

                          I know what you mean. I sold the 150 PXCs I received yesterday hoping to get around 30 FTCs. But of course FTC price increased too at the same time :-\

                          I am trying to scour all other coins to get more FTCs. Anyways, I have promised myself I will stop buying when I hit 500 FTCs. Still a fair bit to go, and hopefully somebody pumps Memecoins as I have some 1k+ of that.

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                          • M
                            Markus1337 Regular Member last edited by

                            [quote name=“Magic8Ball” post=“10502” timestamp=“1370597924”]
                            I know what you mean. I sold the 150 PXCs I received yesterday hoping to get around 30 FTCs. But of course FTC price increased too at the same time :-\

                            I am trying to scour all other coins to get more FTCs. Anyways, I have promised myself I will stop buying when I hit 500 FTCs. Still a fair bit to go, and hopefully somebody pumps Memecoins as I have some 1k+ of that.
                            [/quote]

                            I currently have 915 FTC. I made 110 FTC yesterday on bitgrenade and still have 100 FTC worth of tickets (20 tickets). So hopefully I can win hehe

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                            • M
                              Markus1337 Regular Member last edited by

                              Bought another 0.241 BTC to buy FTC 8)

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