And who is buying now? - page 2. | Bitcointalksearch.org

djarot

sr. member

Activity: 350

Merit: 254

i always waiting this moment, maybe tomorrow I'll start buying BTC

TERA

hero member

Activity: 728

Merit: 500

Quote from: Kramerc on February 07, 2014, 06:10:24 AM

Quote from: TERA on February 07, 2014, 05:49:37 AM

Quote from: Mythul on February 07, 2014, 05:46:26 AM

Quote from: TERA on February 07, 2014, 05:45:24 AM

I got burned bad by attempting to trade the downtrend in June. I swore I'd never attempt to daytrade during a downtrend like that again. I think I'll wait for a 4 hour macd cross or something.

Same for me last december.

December was actually a good time to trade though. All the weekly and most of the daily technicals were still pointing skyward. That means there would still a massive amount of upward pressure to create huge rebounds after every drop and save your ass (or make huge profits). Now all of the technicals are pointing DOWN so there is no general upward force anymore - very bad for trading.

I know that you only trade with a fraction of your BTC position, but assuming that you're not full fiat now, would you buy on the way down, or do you expect a medium time-frame macd crossover for an entry point?

I don't know where you heard this about me. This is the strategy of many on this forum but I myself have been for the most part 75% fiat ever since $900. 25% I don't touch and keep in cold storage and on cryptsy to trade altcoins. I have been rebuying to 40% on 1 hour crossovers and rebuying to 55% on 4 hour crossovers, and selling accordingly.

I have to admit today using a 1 hour crossover strategy has royally sucked because it looks like $80 of profit on stamp is already gone (a whopping 12% profit). It's so much I don't even feel comfortable making the trade anymore.

Rampion

legendary

Activity: 1148

Merit: 1018

I am.

Kramerc

sr. member

Activity: 397

Merit: 250

Quote from: TERA on February 07, 2014, 05:49:37 AM

Quote from: Mythul on February 07, 2014, 05:46:26 AM

Quote from: TERA on February 07, 2014, 05:45:24 AM

I got burned bad by attempting to trade the downtrend in June. I swore I'd never attempt to daytrade during a downtrend like that again. I think I'll wait for a 4 hour macd cross or something.

Same for me last december.

December was actually a good time to trade though. All the weekly and most of the daily technicals were still pointing skyward. That means there would still a massive amount of upward pressure to create huge rebounds after every drop and save your ass (or make huge profits). Now all of the technicals are pointing DOWN so there is no general upward force anymore - very bad for trading.

I know that you only trade with a fraction of your BTC position, but assuming that you're not full fiat now, would you buy on the way down, or do you expect a medium time-frame macd crossover for an entry point?

1Pakis

full member

Activity: 227

Merit: 100

The trades are in reverse. Top trade executed last.
I also did arbitrage trading between btc-e and bitfinex about 30$ profit for 1 BTC

TERA

hero member

Activity: 728

Merit: 500

Quote from: Mythul on February 07, 2014, 05:46:26 AM

Quote from: TERA on February 07, 2014, 05:45:24 AM

I got burned bad by attempting to trade the downtrend in June. I swore I'd never attempt to daytrade during a downtrend like that again. I think I'll wait for a 4 hour macd cross or something.

Same for me last december.

December was actually a good time to trade though. All the weekly and most of the daily technicals were still pointing skyward. That means there would still a massive amount of upward pressure to create huge rebounds after every drop and save your ass (or make huge profits). Now all of the technicals are pointing DOWN so there is no general upward force anymore - very bad for trading.

keatonatron

sr. member

Activity: 308

Merit: 250

Jack of oh so many trades.

It'd be silly not to buy now. Nothing has happened that spells doom for bitcoin, why lose faith?

Mythul

sr. member

Activity: 644

Merit: 250

Quote from: TERA on February 07, 2014, 05:45:24 AM

I got burned bad by attempting to trade the downtrend in June. I swore I'd never attempt to daytrade during a downtrend like that again. I think I'll wait for a 4 hour macd cross or something.

Same for me last december.

TERA

hero member

Activity: 728

Merit: 500

I got burned bad by attempting to trade the downtrend in June. I swore I'd never attempt to daytrade during a downtrend like that again. I think I'll wait for a 4 hour macd cross or something.

calian

sr. member

Activity: 354

Merit: 250

Had done some spending. Today was a good time to replenish. Cool

1Pakis

full member

Activity: 227

Merit: 100

Trading actually

Code:

7835875 BTCUSD Exchange limit -0.8051 -0.8051 $675.0000 $675.0000 about 2 hours ago Executed @ 675.0(-0.81)
7833176 BTCUSD Exchange limit 0.735 0.735 $621.0000 $621.0000 about 2 hours ago Executed @ 621.0(0.73)
7812876 BTCUSD Exchange limit 0.7133 0.7133 $668.0000 $668.0000 about 2 hours ago Executed @ 668.0(0.53): was partially filled @ 668.0(0.18)

koryu

hero member

Activity: 681

Merit: 507

sold at 900$ did some daytrades at 800$ and now i am buying back in on the way down. Cheesy

long term bullish so i expect it to go up again sooner or later

chesthing

legendary

Activity: 1414

Merit: 1000

Me, if it hits $600. Hope it does soon so I can go to bed.

zby

legendary

Activity: 1594

Merit: 1001

Hodlers hodl - they are irrelevant, but who sold at 900 and now is buying back? For me it looks like at least a temporary bottom.

Topic: And who is buying now? - page 2. (Read 2264 times)