Isn't it a saying with stocks/trading? They take the stairs on the way up and the elevator on the way down.
With Bitcoin its a rocket up and a bungee back
Topic: Has anybody witnessed the same: "Staircasing" up and down since mid January. (Read 668 times)
May 09, 2015, 05:27:50 PM
With Bitcoin its a rocket up and a bungee back
May 09, 2015, 04:04:12 PM
Isn't it a saying with stocks/trading? They take the stairs on the way up and the elevator on the way down.
That is correct. Patience is the name of the game here.
May 09, 2015, 04:00:34 PM
Isn't it a saying with stocks/trading? They take the stairs on the way up and the elevator on the way down.
May 09, 2015, 02:35:36 PM
This is how big players investigate and find true market sentiment.
You need to get good at poker, specifically online poker because that's all markets are: big ass games of online poker.
When you can't see your opponents faces (so no human psychological clues) and bids can be hidden and faked, the only way to truly find out the state of the market is to fire some bullets into it and see how other players respond.
We are 'staircasing' because big players are buying and selling thousands of coins to see what the market will actually do under those circumstances.
War, love, the stock market, and poker are all the same.
As a small time chump you are also playing the same 'game', but on a much smaller scale and on the back of the Giants that actually move the market.
You won't hear anyone talk about this openly though, because in this game, information is power.
You need to get good at poker, specifically online poker because that's all markets are: big ass games of online poker.
When you can't see your opponents faces (so no human psychological clues) and bids can be hidden and faked, the only way to truly find out the state of the market is to fire some bullets into it and see how other players respond.
We are 'staircasing' because big players are buying and selling thousands of coins to see what the market will actually do under those circumstances.
War, love, the stock market, and poker are all the same.
As a small time chump you are also playing the same 'game', but on a much smaller scale and on the back of the Giants that actually move the market.
You won't hear anyone talk about this openly though, because in this game, information is power.
Indeed, we are all victims (or allies) of the big players. It's clear BTC will never die, we have billonaires up in this boat, they are testing out the waters and seeing how low they can keep it while they stack up on cheap BTC. You are either taking advantage of this and celebrating it like rain on a desert or you are complaining because you bought and you are losing money (short sighted).
May 09, 2015, 01:37:54 PM
This is how big players investigate and find true market sentiment.
You need to get good at poker, specifically online poker because that's all markets are: big ass games of online poker.
When you can't see your opponents faces (so no human psychological clues) and bids can be hidden and faked, the only way to truly find out the state of the market is to fire some bullets into it and see how other players respond.
We are 'staircasing' because big players are buying and selling thousands of coins to see what the market will actually do under those circumstances.
War, love, the stock market, and poker are all the same.
As a small time chump you are also playing the same 'game', but on a much smaller scale and on the back of the Giants that actually move the market.
You won't hear anyone talk about this openly though, because in this game, information is power.
You need to get good at poker, specifically online poker because that's all markets are: big ass games of online poker.
When you can't see your opponents faces (so no human psychological clues) and bids can be hidden and faked, the only way to truly find out the state of the market is to fire some bullets into it and see how other players respond.
We are 'staircasing' because big players are buying and selling thousands of coins to see what the market will actually do under those circumstances.
War, love, the stock market, and poker are all the same.
As a small time chump you are also playing the same 'game', but on a much smaller scale and on the back of the Giants that actually move the market.
You won't hear anyone talk about this openly though, because in this game, information is power.
May 09, 2015, 01:26:52 PM
Since the drop to $160 and the recovery to $200 we are in careful "staircasing"-mode.
We took several steps to the high at around $300, several steps back to $210 and now some steps to $250. It seems, as if some marketparticipants are testing the current sentiment carefully (and step by step).
What is your oppinion on this observation?
We took several steps to the high at around $300, several steps back to $210 and now some steps to $250. It seems, as if some marketparticipants are testing the current sentiment carefully (and step by step).
What is your oppinion on this observation?
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