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Topic: I am short... (Read 4761 times)

legendary
Activity: 2464
Merit: 1145
August 08, 2015, 10:48:11 AM
#60
Since 285 and want to commit suicide now.
which number should i call?

Please help me and all other bears!!!!!

Call me, OP, I'll help you party.

I already did yesterday in anticipation of today but your thread got deleted  Wink
hero member
Activity: 784
Merit: 500
August 08, 2015, 10:09:46 AM
#59
my strategy is having my money into two parts.one half is for having btc , one is staying in cash.if it raises 1 per cent , i sell 10 percent if 2 per cent , sell another 10 per cent and so on. if it drops 2 per cent , i buy 10 percent , if 4 per cent , buy another 10 percent and goes on. you could use this or sth like this.

Strategy should work in volatile markets, and bitcoin is definitely volatile.
However, if there is a big bull run, you will not get the full benefit.
you are right.it is suitable for not volatile times of bitcoin. for getting the advantages of a big run you can use another market . Buy wait and sell 20 percent higher. or sth. like that.
legendary
Activity: 1321
Merit: 1007
August 06, 2015, 12:29:41 PM
#58
Don't worry, we will see 270's again

Now it your chance OP, but we will probably see high 260's in a week
legendary
Activity: 1582
Merit: 1064
August 06, 2015, 12:11:02 PM
#57
my strategy is having my money into two parts.one half is for having btc , one is staying in cash.if it raises 1 per cent , i sell 10 percent if 2 per cent , sell another 10 per cent and so on. if it drops 2 per cent , i buy 10 percent , if 4 per cent , buy another 10 percent and goes on. you could use this or sth like this.

Strategy should work in volatile markets, and bitcoin is definitely volatile.
However, if there is a big bull run, you will not get the full benefit.
hero member
Activity: 784
Merit: 500
August 06, 2015, 11:46:08 AM
#56
my strategy is having my money into two parts.one half is for having btc , one is staying in cash.if it raises 1 per cent , i sell 10 percent if 2 per cent , sell another 10 per cent and so on. if it drops 2 per cent , i buy 10 percent , if 4 per cent , buy another 10 percent and goes on. you could use this or sth like this.
hero member
Activity: 770
Merit: 509
August 06, 2015, 10:31:55 AM
#55
Since 285 and want to commit suicide now.
which number should i call?

Please help me and all other bears!!!!!
if you want to follow a day-trading type pattern, you can try and ride the high and lows for quick profit; however, this is obviously risky.

i think it is safe to say that you should first learn to how to take risks and cut losses and then enter bitcoin trading market. because otherwise you are going to lose all your investment and get depressed over it

I am unable to cut loses. Everytime I sell Bitcoin I honestly feel like an idiot. The only logical strategy with Bitcoin for me is simply buying and holding monthly, acquiring more BTC monthly, no matter if its a little bit or an entire Bitcoin, just buy and hold.
newbie
Activity: 42
Merit: 0
August 06, 2015, 10:08:36 AM
#54
You can get back those and even with some profit too.
If you go way long at this point. Now is not the point to short bitcoin or litecoin, things are destined to take off and you should be mindful of that. If you did this 6 months ago, you'd win easy but now it's all long.
No it's not gone anywhere.
Litecoin's price also increased recently to $8 from around $4 and then came back to $4 in just a few days.
So when pumps happen then dumps also happen after that.
legendary
Activity: 1218
Merit: 1000
August 04, 2015, 05:09:34 AM
#53
well I sold off at $260 mate so I think I'm the shortest here but I'm building my stash back up and hoping for the best Cheesy
legendary
Activity: 1946
Merit: 1137
August 04, 2015, 02:17:58 AM
#52
Since 285 and want to commit suicide now.
which number should i call?

Please help me and all other bears!!!!!
if you want to follow a day-trading type pattern, you can try and ride the high and lows for quick profit; however, this is obviously risky.

i think it is safe to say that you should first learn to how to take risks and cut losses and then enter bitcoin trading market. because otherwise you are going to lose all your investment and get depressed over it
legendary
Activity: 1568
Merit: 1001
August 04, 2015, 01:07:46 AM
#51
You can get back those and even with some profit too.
If you go way long at this point. Now is not the point to short bitcoin or litecoin, things are destined to take off and you should be mindful of that. If you did this 6 months ago, you'd win easy but now it's all long.
newbie
Activity: 42
Merit: 0
August 04, 2015, 12:14:30 AM
#50
You can get back those and even with some profit too.
hero member
Activity: 672
Merit: 503
August 03, 2015, 07:33:35 PM
#49
You've had several opportunities now to get your ass back in the game and hold. Hope you learned the lesson: You can't outsmart the sharks and whales, so buy and hold long term, sell when you have a decent profit and think it will go down to buy back.
hero member
Activity: 1005
Merit: 500
August 03, 2015, 04:25:23 PM
#48
Since 285 and want to commit suicide now.
which number should i call?

Please help me and all other bears!!!!!
Emotions and trading and investing go real bad together. It is effectively a guarantee that you will lose money because you decisions are dictated by your emotions.
hero member
Activity: 826
Merit: 1000
July 28, 2015, 12:26:04 AM
#47
I've seen the film before. This is the part with very low volume sideways to up movement for several days followed by the next high volume dump.

The past is always a history for a reason.

Its the learn from it right, so regardless of the up and down volume you can always expect nothing more to go up based on VC`s money already thrown more then $100 mill into bitcoin companies.

That alone says something, if not then I dont know what to say.
sr. member
Activity: 356
Merit: 250
July 27, 2015, 07:14:14 PM
#46
Having a target per day is unreasonable, trading is not work. If market God decides that market won't move today. You make no money
legendary
Activity: 1456
Merit: 1002
July 27, 2015, 03:13:06 PM
#45
I`d hold.

Its at 295 now, and I rarely check prices. I probably check em every 1 time out of the whole week which is every monday.

But, its based on where this volume dump is coming from.. obviously im in a different approach with bitcoin.

sr. member
Activity: 249
Merit: 250
July 27, 2015, 02:07:24 PM
#44
Since 285 and want to commit suicide now.
which number should i call?

Please help me and all other bears!!!!!
if you want to follow a day-trading type pattern, you can try and ride the high and lows for quick profit; however, this is obviously risky.
hero member
Activity: 798
Merit: 1000
21 million. I want them all.
July 14, 2015, 04:25:23 PM
#43
I've seen the film before. This is the part with very low volume sideways to up movement for several days followed by the next high volume dump.
legendary
Activity: 1946
Merit: 1007
July 14, 2015, 03:38:13 PM
#42
I've never understood why people short. Selling options makes sense because its a hedge, or at least, can be. Selling short is opening yourself up to liability that you shouldn't. You can lose everything that way. Not a great idea, IMHO.

I don´t understand why people would go long bitcoin. I could not sleep all night with that risk. No issues with beeing short... In the long run bitcoin will be more or less worthless. To many flaws and old tech...

What are you doing here still then? Go short and forget about bitcoin if you are so sure like you say.. The tech is not old, it is actually still brand new..
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
July 14, 2015, 03:03:49 PM
#41
I don´t understand why people would go long bitcoin. I could not sleep all night with that risk. No issues with beeing short... In the long run bitcoin will be more or less worthless. To many flaws and old tech...
Really? I sleep like a baby with a gold spoon in his mouth. But if that's your assessment then I see how attractive shorting looks. However, I think a lot of people who tried shorting this week are very sad.

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