Quote:
Originally Posted by WarChild
There sure seems to be a whole lot less volatility today. I'm not on board with buying and holding long but there has been a LOT of money to be made in the last little while just trading on the volatility.
Remember, you haven't made a dime until you cash out.
|
Exactly
Unless of coarse you've completely bought into the concept that Bitcoins/Crypto currencies are going to change the world, which is never going to happen IMO.
Play your coins right and I'd say you could make 400 - 500% in a month easily, and that's not including being a HTFer.
A lot of horror stories on the boards about people taking weeks to get their money out of the exchanges (The ones that haven't closed down)
I've said this before already today but if you've got a lot of money in Mt Gox and you want to cash out, prob best to book a flight to Japan and visit their offices with your solicitor/lawyer
