Originally Posted by Eggy88
I'm not even going to bother "secure" the profit i have in the doge i've saved, yes it would give me ~0.3BTC but i'm just going to sit on hit, hope we hit another wave after all the small new coins have died. I have faith in Doge and i think it's one of the once that will last for some time. It still has a lot of miners even though it's down ATM.
Yeah, if that was all I had I would do the same... I still have 1M that I'm just leaving since it was all mined and/or purchased at under 10 satoshi level... but all the rest has been liquidated until I can get back in for more. Can't make money holding them in this down market... but buying 2-3X as many for the same amount of BTC = winning!
EDIT: On the recent big drop I just had to buy some more just in case it stabilizes at the 100 level... caught a dip to 105 and my buy went through.
I guess if nothing else, it's ~33% less of a loss than if I'd held from 145 to 105. If I wake up tomorrow and see it at 80... I won't be so happy about that.Edited by DiGiCiDAL - 3/11/14 at 6:42am