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A comment on Bitcoin (BTC) is up by +22% in a single day, valued at over $14,600. Parent comment

Re:Bitcoin (BTC) is up by +22% in a single day, valued at ov... by Nuzzerino on Wednesday December 06, 2017 @07:57PM (#15866652)
If you're buying in order to speculate, why not sell gradually into the gains? Your strategy seems like it is taking what is already a high-risk, and artificially making the risk higher than needed...

Also, the time to buy is almost never after/during a large boom, heh.

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Re:Bitcoin (BTC) is up by +22% in a single day, valued at ov... by zeep on Wednesday December 06, 2017 @07:59PM (#15866666)
because if you sell gradually, it doesn't move as fast...

since this is getting downvoted, I will give a simple example... if you have $2 and it goes up 100% (two-fold incease), than you have $4... but if you cash half your money, then you have only $1 invested, and you are stuck with $3 instead of $4 ... and lost 25%. Not sure if my math is 100% right, but if you are betting on value going up, you lost money.

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Re:Bitcoin (BTC) is up by +22% in a single day, valued at ov... by sidlls on Wednesday December 06, 2017 @08:36PM (#15866863)
The "if" parts of your comment need more thought that you've given them.
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Re:Bitcoin (BTC) is up by +22% in a single day, valued at ov... by zeep on Wednesday December 06, 2017 @08:45PM (#15866926)
It depends on your goals, but maybe... we'll see if I was too late in the game to make a quick profit.
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Re:Bitcoin (BTC) is up by +22% in a single day, valued at ov... by mirimir on Wednesday December 06, 2017 @08:32PM (#15866844)
That's the only way to win long-term in gambling. Cash out winnings over your stake.
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Re:Bitcoin (BTC) is up by +22% in a single day, valued at ov... by mjfl on Wednesday December 06, 2017 @07:59PM (#15866661)
buy high, sell low!
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Re:Bitcoin (BTC) is up by +22% in a single day, valued at ov... by zeep on Wednesday December 06, 2017 @08:18PM (#15866767)
I tried to do that on coinbase and it won't let me
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