Topic: I am short... - page 3. (Read 4761 times)

Obviously you have a bad gut feeling about your decision. I also lost a fair amount by shorting, when price rised from 215 to 240 a few weeks ago. I cut my losses at 235 and went to the sideline until I had a clear feeling about market sentiment and trend.
Current market sentiment seems to be very bullish, so you should cut losses and close your shorts. If your personal sentiment is still bearish, step at the sideline and observe the market. If the market should turn bearish again, you have enough time to get your personal sentiment confirmed and open new shorts. If the market turns bearish, price should give you enough room to compensate your losses.

Currently most of the folks here is very bullish though and it may be well possible that we are on the beginning of a new bubble. I would suggest to observe the posts of a few people here on the forum, who publish opinions and TA like RynDaClem, chessnut, masterluc, Tzupy, klee and others. Keep in mind that they are all humans and therefore have their personal bias based on personal experiences and expectations.

Make yourself clear, what your personal criteria are to change your sentiment. Once they are met, make your decision and do not get mad if it should not work out as expected everytime.

And my most important advice: set kwuckduck on ignore! This user has no valuable information to offer and his only motivation for his permabear posts is his personal agenda. That has nothing to do with personal sentiment anymore and is just annoying. If you want to get a more bearish point of view, have a look at RynDaClems and Tzupys posts.

Op what was you reason for shorting at this point? and has your view changed.

Atleast one bear fellow with a nice comment do you think finally double digits in august? 

Don't worry, within a few days this thing will come crashing down 10x harder than it went up.

So nice to see these two guys agreeing for once.

Kill yourself OP. 

You and all the other retards who thought you'd make a few bucks selling your coins.

It's because of retards like you who can't see the big picture why the price of bitcoin is so low.

yep. I wouldn't go long at these levels after a rally which was initiated and leaded by LTC. The last pump BTC came directly from the LTC dump on the ltc/btc pair.

It's profit taking time in my opinion. All the big guys are going to take at least partially profits at 300. I don't see it slice above 315$ without a bigger correction.

$285 Is actually not too bad.
You will survive. Don't worry.

You can buy back now at a loss of under $10/bitcoin, that is a small sting. If you short and it goes 5x+, then you can think suicidal thoughts.
Seriously, just buy some back if you are that worried about it.

Short term is completely impossible to predict btc price. But, at least for me, long term it is quietly easy to predict price and trends.
For example, all the year of 2014 was a downtrend of ~50$ per month. It was a linear trend.
Now we are clearly heading up. I honestly don't know how fast it will occur and what will be the top but I see a strong bullish feeling. So I think, that- not this month, but- we are heading to a new, big big bubble.

Im not playing the market either now.. Just working and earning btc like normal.

That's what I thought. Yesterday. Anyway, trying to out-guess this market isn't really my bag. Good luck.

Yeah, Im not forgetting to take into account that a little birdie tells me that the Chinese are loading up the btc exchanges with fiat as we speak.
You think taking 30% & 40% losses in the Chinese stock market leaves a good taste in the investors mouths.
China is about to set this rocket off.

Don't worry, we will see 270's again

What Bob said.

260? it should not fall under the previous range

if you really want to short stay in 250-300

Live by the sword..

Cut ur losses and turn that short upside down and go long.
ASAP. Sunday night we gonna fly.

haha, you just had what you deserve. now, please watching it every minute and start calculating, how much you already lost and how much you will loose.))

now seriously, you really sold everything?

Since 285 and want to commit suicide now.
which number should i call?

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