Domination of Longs - page 2. | Bitcointalksearch.org

deisik

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Quote from: Dilerium90 on July 30, 2020, 05:32:11 AM

Bitcoin always acts mean at the moment, when everyone thinks, that everything is fine. Even now, when we broke through $ 10,000 and went higher, everyone expects it to fall to $ 9,900 or to $ 7,000 and we can buy it, but ... What if Bitcoin goes below $ 3,000? This scenario is unlikely, but possible. Then everyone will suffer))

This scenario is certainly possible

However, it won't be Bitcoin's fault. The point is, you can't actually say that it is Bitcoin that acts mean. If it goes below 3k, it will most definitely be due to some external event affecting the whole economy. For example, the infamous March 12 crash was due to a stock market crash, and Bitcoin only followed it. Of course, it showed pretty clearly that the cryptocurrency market is not a thing unto itself or entirely disconnected from the external world

abel1337

legendary

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Enterapp Pre-Sale Live - bit.ly/3UrMCWI

Pretty normal if we are talking about bitcoin, Price just goes pump and dump. After experiencing such dump I don't sell any of my bitcoin lower than the price when I bought it because in my experience it is just going back to the price before it goes down, It takes time sometimes like on 2018 where bitcoin upset many traders because it takes too long to recover but now it is still on the process.

Well it depends on how you trade but it is what I see on bitcoin and the longs are the ones who gave me more profit in my experience in trading bitcoin.

rodskee

full member

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Quote from: Dilerium90 on July 30, 2020, 05:32:11 AM

Bitcoin always acts mean at the moment, when everyone thinks, that everything is fine. Even now, when we broke through $ 10,000 and went higher, everyone expects it to fall to $ 9,900 or to $ 7,000 and we can buy it, but ... What if Bitcoin goes below $ 3,000? This scenario is unlikely, but possible. Then everyone will suffer))

Wild truth that needs also to reconsider, bitcoin as we knew it
have this characteristics
To those who are new to this party it's better to keep doing your
research beforehand
There are lots of possibilities that the value may crash to the point
that it will go to that level.

The more you understand the more you will anticipate the how value
will turned to,
better to position yourself where risk is handy for you to take, keep
learning to lessen further damages.

Dilerium90

full member

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Bitcoin always acts mean at the moment, when everyone thinks, that everything is fine. Even now, when we broke through $ 10,000 and went higher, everyone expects it to fall to $ 9,900 or to $ 7,000 and we can buy it, but ... What if Bitcoin goes below $ 3,000? This scenario is unlikely, but possible. Then everyone will suffer))

Wind_FURY

legendary

Activity: 2898

Merit: 1823

Quote from: tvplus006 on July 29, 2020, 03:24:49 AM

Quote from: JeromeTash on July 27, 2020, 05:53:12 PM

...OP which tool did you use to get this image, I would like to use it when I am analyzing my entry points

I see that the OP didn't respond to you , and I suggest you try the service that I use in my work: https://www.bybt.com/ Meanwhile, the market situation has stabilized and there is currently equality between long and short. In the next couple of days, the price will be trading in a triangle, after which we will be able to see more open longs.

OR simply post your bids lower now before "the Bart" to, I believe if we're lucky to given the golden opportunity under $10,000, will crash to $7,000 to $9,000. Cool

tvplus006

legendary

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To the Moon

Quote from: JeromeTash on July 27, 2020, 05:53:12 PM

...OP which tool did you use to get this image, I would like to use it when I am analyzing my entry points

I see that the OP didn't respond to you , and I suggest you try the service that I use in my work: https://www.bybt.com/ Meanwhile, the market situation has stabilized and there is currently equality between long and short. In the next couple of days, the price will be trading in a triangle, after which we will be able to see more open longs.

Wind_FURY

legendary

Activity: 2898

Merit: 1823

Quote from: ashmodeus on July 27, 2020, 08:43:47 AM

it's not surprising for me,and about what happened today,

Yeah, no surprise. Bitcoin up, Bitcoin down.

Quote

like i say before on another thread,now its a final barrier between going to next resistance on 12-13k range,

HODL by this time, don't FOMO.

Quote

or back to 7-6k.

But another golden opportunity to buy the dip, and?

Quote

The great news, according to many aspects like charts,trading volume giving a positive point,which mean,it seems btc can go futher, however its doesn't mean bear cant do anything.

It is currently very bad time to be a bear in my opinion, Bitcoin is on its price discovery to 6 digits.

electronicash

legendary

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the ones who will short are probably the ones in the 5-15 minute charts that could still be profitable for them. but its sensible to go long while the market is really getting good, seem no loss for that option.

Quote from: Stedsm on July 28, 2020, 05:32:43 PM

Don't just start celebrating because the bear markets aren't over yet. If you think this will end up in BTC crossing $20k, think again. I'm not a bear not I've any positions open either way, but for the sake of being a good investor I'm here again warning you back to be ready for a small crash. Check my post history and you'll find something that will prove what I'm talking about. Not too old, just the first 2 pages of my history will be enough.

i'm sure they will have their doubts after to many bulltrap going on since the last time they were lured to go all in. it hasn't cross $20k that means those who waited this long as still not satisfied as they bought their BTC at its height.

Stedsm

legendary

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Quote from: bolawin on July 28, 2020, 05:58:17 PM

Up and down just like life. Anybody know why price jump?

There are many reasons why price rise (and eventually falls), just because:

- The demand hikes a lot against the supply
- Expiry of big futures contracts for BTC
- A group of whales try to accumulate immediately as they know something
- Miners sell their mined fees to cover some losses and even to enjoy their profits
- A pattern is about to be broken and a technical bot is set up with sheer money in order to long/short BTC according to the orders provided by a whale

bolawin

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buy bitcoin, hodl bitcoin

Up and down just like life. Anybody know why price jump?

Stedsm

legendary

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Don't just start celebrating because the bear markets aren't over yet. If you think this will end up in BTC crossing $20k, think again. I'm not a bear not I've any positions open either way, but for the sake of being a good investor I'm here again warning you back to be ready for a small crash. Check my post history and you'll find something that will prove what I'm talking about. Not too old, just the first 2 pages of my history will be enough.

rexxarofmoknathal

sr. member

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Quote from: Lasky366 on July 26, 2020, 11:23:18 PM

Longs definitely dominate on Shorts for the last several hours. But we are aalready passed the 10k$ Resistance and go to 12k$, that Local Correction is something we need, in order to locally kill new passengers. 😅.You know what I mean 😁

I agree the Longs have been doing very well for the last 48h or so. I do expect the resistance to hit soon around 12K and get into Short for the much needed correction. With how the market is booming this is inevitable. The new buyers will drop out soon after the correction and some people even entertain the idea that this year this may help reach a new ATH circa >18k. Let's hope things can get this peachy.

deisik

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Quote from: Lasky366 on July 26, 2020, 11:23:18 PM

Longs definitely dominate on Shorts for the last several hours. But we are aalready passed the 10k$ Resistance and go to 12k$, that Local Correction is something we need, in order to locally kill new passengers

I don't think we are ready for that

There are not enough long positions opened on borrowed money that would call and allow for a good long squeeze, Bitmex style. We should first see a plateau before we enter a flash crash in full swing (read, playing against the market can be dangerous). But no matter what side of the trade you are on, you should never forget the unwritten truth that every bull run ends with a bull trap. We are just not there yet

wywoc

full member

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The market seems very bullish, currently I have to pay more than 0.1% funding fee for a long position, or 0.3% of total volume per day to keep a long position. We need a correction to cool down the market and sustainable growth.

tbterryboy

sr. member

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For the people who are new to this, long and short are two types of position in trading where long means that you own the security and short means strategy that speculates on the decline in a security price. Bitcoin looks quite bullish so it is obvious that the longs will be greater than the shorts in terms of percentage. Bitcoin almost stands at 11200$ mark and the next resistance appears to be at $11500. If bitcoin is able to break through that resistance, the next stop will be at 12300$. After that, we might observe some correction in the market and they price might again fall down to $10000 mark.

So, it is making all the sense to be going for longs right now with bitcoin markets. But, shorts also might be making profits because short-term corrections are happening at every part of the market still when you are shorting and where you are booking profits matters is you are going for shorts.

btc_angela

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Quote from: JeromeTash on July 27, 2020, 05:53:12 PM

Woow and this was about 20 hours ago before a good bitcoin pump today.. ETH was leading the pump from last week but looks like BTC decided to take over. ~~We might be seeing $11K by tomorrow~~. Well well well we are already there, aren't we?

OP which tool did you use to get this image, I would like to use it when I am analyzing my entry points

Right, we go to $11,300, but the usual short sellers, but it doesn't matter, the price goes to $11,200 again and as we have seen, bears are really getting careless and rest at this point as long position is still dominating at this point. I also said that $11k end of the end, so I was wrong, next stop should be $12k now.

And there could be bears right now becoming bullish.

JeromeTash

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Heisenberg

Woow and this was about 20 hours ago before a good bitcoin pump today.. ETH was leading the pump from last week but looks like BTC decided to take over. ~~We might be seeing $11K by tomorrow~~. Well well well we are already there, aren't we?

OP which tool did you use to get this image, I would like to use it when I am analyzing my entry points

LUCKMCFLY

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The use of LONGS are very important when speculating on the market, especially when trading Scalping mode and even to place long-term positions.

When you see this type of behavior, it is always good to put a position in LONG, you have more security to make a business decision. I would say that it is a good time for those who want to invest right now in Bitcoin, the opportunity should be seized.

Sanugarid

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Well it looks like that people are optimistic about the price, not pretty much of an issue actually , that only means that the market is healthy perfectly balanced as I see it, you don't want to see a 80% short mate.
As for the price today, reaching at $10K expect more domination on long trades, after it touches $11K or $12K then that's the time you'll see much of shorts, people these days are weak in my opinion, they are too afraid to be left out, a small price advantage looks huge to them. But if the arrow goes the opposite side, there would be more people who will be liquidated, got lucky if they exit their position before reaching 80 margin.

Bitum

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It looks like the long times have arrived) even the altcoins have shown real profit. So the whole corona crisis only brought advantages for the crypto market. The situation can change at any time.

Topic: Domination of Longs - page 2. (Read 409 times)