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Topic: BEAR MARKET STARTED - BTC is overheated. I OPENED SHORT postition - page 6. (Read 8513 times)

legendary
Activity: 2408
Merit: 1009
Legen -wait for it- dary
 Roll Eyes... People who think a short can't be closed for some arbitrary length of time.
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
sr. member
Activity: 668
Merit: 257
Nextgen Financial Ecosystem
I prefer having long positions just for now. What are arguments for btc to depreciate? I mean6 except technical analysis instruments. BTC has been doing well lately, no negative news, correct me if I am wrong.
hero member
Activity: 658
Merit: 503
Bear with me
How are your shorts doing? Cheesy
sr. member
Activity: 448
Merit: 250
Why shorting on a potentional ATH rally?
Why selling anyways? Just buy and hold for 10 years like stocks.
Invate me later on your new boat.
If you like to gamble go play poker. Bitcorn is nothing like stocks.
you never know what the future holds,this is a new platform and you cant just invest a amount and sit on it for ten years thinking it will be a bright one,everyone expects this to be the solution to the economic slides and no one can predict what the price will be ,so be cautious while you are investing
ask
legendary
Activity: 1386
Merit: 1004
Good short kid but now is the time to close.

I'm about to open some fucking longs.

Please open them.  I will need them for closing my position,  when you will be margin called.
legendary
Activity: 2338
Merit: 1035
Good short kid but now is the time to close.

I'm about to open some fucking longs.
ask
legendary
Activity: 1386
Merit: 1004
I think this is going to be one of those threads that ends up getting gravedigging replies for years to come.

Agree.  Do you hear sound of your money in my pocket?  😊
legendary
Activity: 3528
Merit: 7005
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Gotta tell you, though I'm more or less a bitcoin bull, shorting it might be a good way to make some quick money.  Hopefully you'll close out your position in time and won't get squashed.  I do not have the testiclats to short anything.  You need to have a good pair of boys for that.  Because if bitcoin went to $1000 tomorrow (could happen), you're dead.
newbie
Activity: 49
Merit: 0
I wouldn't be surprised to see a correction to ~660 - if worse, perhaps low 600's
sr. member
Activity: 364
Merit: 254
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It has risen quite a bit over the last few days. I am surprised it rose this much so quickly, so I would expect a correction as some point soon.
hero member
Activity: 728
Merit: 500
I think this is going to be one of those threads that ends up getting gravedigging replies for years to come.
ask
legendary
Activity: 1386
Merit: 1004
Hope you all listened to me yesterday.  Greed is bad.  It poissons human brain.
legendary
Activity: 3332
Merit: 1191
Like his past posts and predictions this one didn't come true, maybe he is really alt of kwackaduck he is pessimist also. And he also constantly share his thoughts about bitcoin crash, big drop and other similar things.
I don`t think price will drop, it`s going up and it`s seems like nothing can stop it now. New record is here ( I can be totally opposite from them and be way more optimistic then they are pessimistic ), and it will be big surprise when we hold that record. From my point of view anything can happen, even that.
U2
hero member
Activity: 676
Merit: 503
I used to be indecisive, but now I'm not sure...

Do you feel pain in your ass ?

No pain.  I hear sound of money in my pocket Smiley

If you won't close that short within 10 days you will feel the pain in your ass... Wink

Lol no doubt. We're stable at this point and not dropping. What say you alrighty ask!? Why aren't we dropping? You said it was happening!
legendary
Activity: 1288
Merit: 1087
what train? it never got above number 3 on polo volume. and buying it now is a guaranteed way to throw your money away. it's never, ever going to see any of these prices again.
legendary
Activity: 2590
Merit: 1022
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i think people were dumping to jump the zcash train, don't be too pessimistic it will not fall so much, it will rise again shortly, $10 dump is not really any good indicators for a dump, and for me it's better to go long on this run any other thing is too much of a gamble for me
legendary
Activity: 2170
Merit: 1094

Do you feel pain in your ass ?

No pain.  I hear sound of money in my pocket Smiley

If you won't close that short within 10 days you will feel the pain in your ass... Wink
legendary
Activity: 1442
Merit: 1016
Why no one is buying now?  10$ cheaper than yesterday?  No money in the pocket?

It IS FALLING and this is just a beginning.



Easy pal!
We are on a good run and our baby is just a taking a pit stop!
No way will I go short! I will hold and won't bother a $20 drop when we will move upwards again after that.
Why you are always so negative? I don't think this is healthy in the long run.  Wink
hero member
Activity: 882
Merit: 500
Falling prices are  just  normal though because  people would  surely  sell off  their bitcoins when they  gain  profits.

In theory I agree with you.  But currently there is no volume.  Not yet. So expect much lower bottom.
When we are having more number of exchanges to trade bitcoin, definitely we could not expect huge volumes on every exchanges. There are a lot of supporting news keep on coming every day, one important news which triggered up side surge must be recent Swiss railway announcement of selling bitcoin through their ticket machines.

I do not expect any downfall till $800 or even $850 price levels.
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