In the meantime my orders worked fine for me. Everything worked by the book. So:
- short position opened ~ $720 was closed at ~ $690
- long opened at ~ $685 was closed at ~ $740
So let's say around $80 per bitcoin in green. Leveraged
Thank you all.
Topic: BEAR MARKET STARTED - BTC is overheated. I OPENED SHORT postition - page 5. (Read 8513 times)
November 02, 2016, 01:04:14 AM
Hi kids. I was out of internet in the mountains.
In the meantime my orders worked fine for me. Everything worked by the book. So:
So let's say around $80 per bitcoin in green. Leveraged
Thank you all.
In the meantime my orders worked fine for me. Everything worked by the book. So:
So let's say around $80 per bitcoin in green. Leveraged
Thank you all.
November 02, 2016, 12:52:54 AM
All indicators shows that it is time to leave the train.
SHORTS OPENED..
SHORTS OPENED..
user "ask" has been wrong once again.
there has been 5 days since this post and it is now clear that only a newbie would leave bitcoin since price is still above $700 and still rising (currently at $720) with a good buy support.
November 02, 2016, 12:51:36 AM
I sold all of the last 3 months altcoin trading profits at $730 but kept my original position so its a win win for me.
November 02, 2016, 12:16:33 AM
Well you probably entered the short position a bit too early there since it actually went up a bit more after you left the train... But anyways yeah, always take advantage of the situation, stalling and waiting for something to happen is never a good thing to do IMO.
November 02, 2016, 12:14:50 AM
The price will crash after a huge spike fomo buy-in followed by a double top, this is not the buying spree yet...
so far the price has been ONLY rising and kept above $700 with absolutely NO crash unless you consider a $10 correction drop as a crash.
November 01, 2016, 11:53:05 PM
I just now secured some more profits as I expect this rally to lose momentum any time soon. If the price happens to increase further instead of going down, then I'll secure even more profits.
That's the true fact with bitcoin. When the price increases while users don't expect it, on a hurry users tend to sell some and get some profit. Such activities keeps the bitcoin circulation increased and steep rise happens and the fall in price happens. Right now the scenario is not that, price increase is due to the increasing adoption and increasing direct acceptance of bitcoin.
November 01, 2016, 11:38:11 AM
The price will crash after a huge spike fomo buy-in followed by a double top, this is not the buying spree yet...
I was thinking similar.. who opens a short in a range that has never been support or resistance.. that is just suicide. When it crosses $1000 okay.. maybe.. when it comes close to the ATH ya short it hard..
This is the first time we have been in the 680-720 range for over what.. 2 days? .. 6 hours? lol.
the thing here is that if you check OP's history you can see why he is saying what he is saying.
it is always a doom story with him where bitcoin has no support and is falling, and this was an attempt following all that FUD-full history of his
November 01, 2016, 10:41:39 AM
The price will crash after a huge spike fomo buy-in followed by a double top, this is not the buying spree yet...
I was thinking similar.. who opens a short in a range that has never been support or resistance.. that is just suicide. When it crosses $1000 okay.. maybe.. when it comes close to the ATH ya short it hard..
This is the first time we have been in the 680-720 range for over what.. 2 days? .. 6 hours? lol.
November 01, 2016, 10:23:00 AM
I just now secured some more profits as I expect this rally to lose momentum any time soon. If the price happens to increase further instead of going down, then I'll secure even more profits.
November 01, 2016, 10:04:35 AM
The price will crash after a huge spike fomo buy-in followed by a double top, this is not the buying spree yet...
November 01, 2016, 09:59:47 AM
All indicators shows that it is time to leave the train.
SHORTS OPENED..
SHORTS OPENED..
That must of sucked.
November 01, 2016, 09:50:35 AM
I wonder why people always think a crash will follow every pump... maybe the price is finally stabilising (hopefully) 
November 01, 2016, 08:06:46 AM
OP, ask, has usually been a voice of reason over the past few years on this forum. I'd hate to see anyone lose their money, especially ask. I hope he had closed his short position already.
I've been saying btc price would rise until the end of the year. Just be prepared for a huge crash in January 2017.
I've been saying btc price would rise until the end of the year. Just be prepared for a huge crash in January 2017.
November 01, 2016, 02:41:09 AM
November 01, 2016, 02:35:28 AM
Do you feel pain in your ass ?
No pain. I hear sound of money in my pocket
How do you feel now ?
October 31, 2016, 08:35:37 PM
If it was a quick short that certainly was a good call. The price is looking a little sporty now. Time to close and wait.
October 31, 2016, 05:40:27 PM
I am actually also not very bullish for the short-term. We went up fast and hit resistance. Some consolidation (we might not drop a lot though) is in order before we go to Mars.
Geez, we have gone up like $70 over 11 days. That's not "going up too fast"
You acting like a little girl now.
October 31, 2016, 05:10:52 PM
I am actually also not very bullish for the short-term. We went up fast and hit resistance. Some consolidation (we might not drop a lot though) is in order before we go to Mars.
October 31, 2016, 04:14:28 PM
How are your shorts doing? 
At the bottom of the ocean with concrete tied round their ankles
October 31, 2016, 02:54:35 PM
Wouldn't it be better to keep it on long position for a while? I mean there are no dark clouds on the Bitcoin horizont for now. We can't predict the future exactly and the fall down is always possible but at this very moment there is no fear for it. So I would go for long.
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