Topic: Long or Short since Bitcoin reached 8800 again? (Read 496 times)
It is not a panic situation, we should wait for a time, bitcoin will be reached more than it. We don't forget the start of 2017, bitcoin price was normal but in the mid of 2017 bitcoin suddenly grow and that was a good time for bitcoin-users and once again this time will come in 2018. So it is not important that bitcoin have reached at $8800, see now bitcoin is $7002.
Long. Im not going to sell anything at this ridiculous price.
However, if it keeps falling, perhaps I will buy more.
I was wondering these days if the price of bitcoin in May 2018 will be the same price of May 2017. I regret not having bought more back then... maybe if we fall to that price just for some days, I can load my bag, and then we can depart to new heights. Also it would be a 90% fall from previous ATH, so a very deep bottom.
However, if it keeps falling, perhaps I will buy more.
I was wondering these days if the price of bitcoin in May 2018 will be the same price of May 2017. I regret not having bought more back then... maybe if we fall to that price just for some days, I can load my bag, and then we can depart to new heights. Also it would be a 90% fall from previous ATH, so a very deep bottom.
I wouldn't sell here either. If the price dips more, awesome! Just buy.And then hold!
In a few years this will pay off with huge ROI.
But until then it will be tough times.With major up and down swings. Manipulation in the market and dirty FUD by MSM and incumbents just to separate you from your precious coins!
Nobody should ever say again is hodling is easy. Because it is not.
Long. Im not going to sell anything at this ridiculous price.
However, if it keeps falling, perhaps I will buy more.
I was wondering these days if the price of bitcoin in May 2018 will be the same price of May 2017. I regret not having bought more back then... maybe if we fall to that price just for some days, I can load my bag, and then we can depart to new heights. Also it would be a 90% fall from previous ATH, so a very deep bottom.
However, if it keeps falling, perhaps I will buy more.
I was wondering these days if the price of bitcoin in May 2018 will be the same price of May 2017. I regret not having bought more back then... maybe if we fall to that price just for some days, I can load my bag, and then we can depart to new heights. Also it would be a 90% fall from previous ATH, so a very deep bottom.
It is just hard for a Virgin like me in this Bear Trend to Survive 
Haha better use the term new instead of virgin. You are also with my friends who are in the same situation but you guys need to do is focus on your goals and what you really want in bitcoin. If you want to short then short if you want for longer term then go for it. But I choose to be long term with bitcoin and I've been always bullish with it. I am still short from above $14k when I lost my nerve (now glad I did) and I am still waiting for a good bottom to jump back into. I did pick a little bit up back when we were near $6k, but I am still waiting for the big "mother of all buys".
I trade a small amount in-between to keep from getting bored, but I don't think we have reached the real bottom quite yet. I could be wrong, but then again I have plenty of room to get back in again before I lose any money, or more correctly lose any Bitcoin.
I do not think we are going to see a price below 6000 you should have taken the opportunity to buy at that price, it was less than a third of the all time high that bitcoin reached just a few months ago however you could be right the price of bitcoin could go lower and you could buy even more bitcoin when it happens but you are taking a huge risk because if that doesn't happen and you don't have bitcoin when the price begins to grow you will lose a lot of money.I trade a small amount in-between to keep from getting bored, but I don't think we have reached the real bottom quite yet. I could be wrong, but then again I have plenty of room to get back in again before I lose any money, or more correctly lose any Bitcoin.
$6500 has been showing a good support so far and price had a nice recovery from that bottom, and although i don't like saying never when it comes to bitcoin but it seems like you are correct about it. we have already seen a HUGE drop from the ATH and that has to count for something.
as for buying the best strategy is to buy at least some amount in this dip so that you have not completely missed the chance and also not to go all in at the same time so that you still have some money left for possible lower prices.
I am still short from above $14k when I lost my nerve (now glad I did) and I am still waiting for a good bottom to jump back into. I did pick a little bit up back when we were near $6k, but I am still waiting for the big "mother of all buys".
I trade a small amount in-between to keep from getting bored, but I don't think we have reached the real bottom quite yet. I could be wrong, but then again I have plenty of room to get back in again before I lose any money, or more correctly lose any Bitcoin.
I do not think we are going to see a price below 6000 you should have taken the opportunity to buy at that price, it was less than a third of the all time high that bitcoin reached just a few months ago however you could be right the price of bitcoin could go lower and you could buy even more bitcoin when it happens but you are taking a huge risk because if that doesn't happen and you don't have bitcoin when the price begins to grow you will lose a lot of money. I trade a small amount in-between to keep from getting bored, but I don't think we have reached the real bottom quite yet. I could be wrong, but then again I have plenty of room to get back in again before I lose any money, or more correctly lose any Bitcoin.
On this scenario that always happen maybe i will choose short-term 'cause the price always fall back when the price goes to 8k as we noticed its been 2 times attempts to surge and it always fall, so to assured that our money is safe buy dip and sell at 8k 'cause for sure the price will manipulate again and again due to whales that always swing the price back after the uptrend.
Your reason is not exactly suitable for short term investment. price are fluctuating in due to whales I agree your point. But Long term investment is reduce the risk and we don't panic in any situation so I will always prefer long term investment is the best way to protect our investment and it will failed in future.
On this scenario that always happen maybe i will choose short-term 'cause the price always fall back when the price goes to 8k as we noticed its been 2 times attempts to surge and it always fall, so to assured that our money is safe buy dip and sell at 8k 'cause for sure the price will manipulate again and again due to whales that always swing the price back after the uptrend.
Depends on your risk appetite IMO. Like with all investments all your supposed moves should depend on how well you tolerate risks and your investment goals.
Well, tolerating risk and investment goals may work for someone who is actually holding which is not bad anyway. However, for a trader, it is just to play with the patterns and see how things eventually go. For me right now, I am just plain and looking to see how things would end up. The market is really just not giving me those vibes yet for any much activity but I am eagerly waiting to see how the whole thing eventually unfolds by next week and April.But, we can expect something new from 2nd quarter of this year. New in the sense of something like a trend change, in last 4 months we are facing downward trend and more fluctuations and in these two, fluctuations may stay with us and upward trend may start .
Long, always long. I hold bitcoin because I believe it is and will be the best coin, so I don’t care that much about the price. I am fully aware that it is a highly volatile asset, so I take what has happened in the past months for granted. It reached 19k too fast, so now we are in a consolidation phase.
I have been long since 2013 and I see no reason why I should not continue being long as I believe in the future of bitcoin. I did a little bit of shorting anyway when the market had a bull rally and it simply showed some possibility of downtrend and I got back long at $6200.So, I guess I have to wait to see how that turns out eventually. Nothing much is going on in the market apart from the recent news, but it seems that is not sufficient enough to give the market a good boost.
I think that he is talking about the short term.
Long term speaking, I am also extremely bullish on bitcoin. I think that as soon as mass adoption starts to happen and people stop worrying about regulation which doesn't even affect how bitcoin is used and we consolidate for enough time, we will be able to see a pump around the same size or even bigger than the 2017 pump. Sky's the limit for bitcoin in the long run.
But for now, we've dropped back to $8500 after attempting to break $9000 at the start of the day. Resistance is pretty strong for sure. I would be careful going long or short with any sort of leverage here. Either hold your coin that you've already got, or wait until we get to around $9.3k to buy in as the uptrend is confirmed if that resistance is breached. I think we should still see $9k+ by the end of month, however.
Do you guys go long or still short since Btc price reached 8800 again?
My Bags bleedet out since the big dip and i could use some advice.
Still need to learn a lot about Trading and this Market.
It is just hard for a Virgin like me in this Bear Trend to Survive
My Bags bleedet out since the big dip and i could use some advice.
Still need to learn a lot about Trading and this Market.
It is just hard for a Virgin like me in this Bear Trend to Survive
You're not alone since i also experienced that. What i did is just hodl strong and never let my emotions push me to press the PANIC SELL button. Not yet, because i still believe that bitcoin will be normal and come back again.
Experience is the great teacher as they say. Still a lot to learn which is a very exciting thing like studying the market and making your own analysis which leads you to obtain a certain technique. Right now, where hanging around $8500-$8900, and I can say now is the best time for you to make up on the opportunity you lost before. Bull market is approaching soon. Good luck to you.
to be fair when price is inside of a triangle and has not yet broken out of it (either upwards or downwards) you can not possibly know whether a bull market is on the way or a bear market. my guess is that there will be a bull market soon but it is a guess and you should never invest based on a guess. specially when you are talking about "analysis" you should first analyze and see that triangle and then wait for price to break out of it.
First of all. Thanks for your opinions. I made the typical noob Mistakes since i started Trading. Couse i was leaded by Greed and FOMO. Im Not proud of it and i learned wehre it can lead you. but i think many People are acting in this Market based on this. i hope knowing my biggest Mistakes so far will aprove my skills in the future. And of corse i Hope that Bulls are on my side for a while 
But either way im Not planing to leave Crypto ever.
Missed the Chance when Bitcoin was around 300 Dollars couse i was to Blind to See the Potential in this Tech.
So thanks again for your answers and Good luck to all of us
But either way im Not planing to leave Crypto ever.
Missed the Chance when Bitcoin was around 300 Dollars couse i was to Blind to See the Potential in this Tech.
So thanks again for your answers and Good luck to all of us
Experience is the great teacher as they say. Still a lot to learn which is a very exciting thing like studying the market and making your own analysis which leads you to obtain a certain technique. Right now, where hanging around $8500-$8900, and I can say now is the best time for you to make up on the opportunity you lost before. Bull market is approaching soon. Good luck to you.
Long, always long. I hold bitcoin because I believe it is and will be the best coin, so I don’t care that much about the price. I am fully aware that it is a highly volatile asset, so I take what has happened in the past months for granted. It reached 19k too fast, so now we are in a consolidation phase.
I have been long since 2013 and I see no reason why I should not continue being long as I believe in the future of bitcoin. I did a little bit of shorting anyway when the market had a bull rally and it simply showed some possibility of downtrend and I got back long at $6200.So, I guess I have to wait to see how that turns out eventually. Nothing much is going on in the market apart from the recent news, but it seems that is not sufficient enough to give the market a good boost.
It depends on your moves whether to do short term this time. As you can gather profit on your strategy it doesnt matter, we have our own attack on the market. Since I have decided to do long term whether the price drops I still have it long term goal.
For now i think much better to choose short term 'cause as we noticed the growth rate always drop since the price reached that valued again and perhaps it will never go higher due to causes people to panic sell when the price rise so for me short term is the best choice nowadays.
I am still short from above $14k when I lost my nerve (now glad I did) and I am still waiting for a good bottom to jump back into. I did pick a little bit up back when we were near $6k, but I am still waiting for the big "mother of all buys".
I trade a small amount in-between to keep from getting bored, but I don't think we have reached the real bottom quite yet. I could be wrong, but then again I have plenty of room to get back in again before I lose any money, or more correctly lose any Bitcoin.
I trade a small amount in-between to keep from getting bored, but I don't think we have reached the real bottom quite yet. I could be wrong, but then again I have plenty of room to get back in again before I lose any money, or more correctly lose any Bitcoin.
Do you guys go long or still short since Btc price reached 8800 again?
My Bags bleedet out since the big dip and i could use some advice.
Still need to learn a lot about Trading and this Market.
It is just hard for a Virgin like me in this Bear Trend to Survive
If you have risk capital I think the rights thing to do now is buy and hold bitcoin for a very long-term. we should know now that bitcoin has started to attract the attentions of big market players and international community and therefore we are going to experience surge in price before end of this year. My Bags bleedet out since the big dip and i could use some advice.
Still need to learn a lot about Trading and this Market.
It is just hard for a Virgin like me in this Bear Trend to Survive
I'm shorting until a week after the G20 meeting and all the upcoming news.
For me it's profitable for now.
The news from the G20 meeting has actually been a positive one and nothing much to cause any panic at all despite all that has been created already before now. I believe the market is trying to achieve some little level of stability and maybe usher us into an accumulation period, but I guess we will have to wait and see for now how things will end up turning out.For me it's profitable for now.
I have been short for a while now since when we did a double top at the $11k region and only went a little bit long with the way things turned out a little bit with the divergence on the MACD on the 4 hour chart which brought in a little bit of rally anyway. So far, I am still just trying ti play along with the market to see how things turn out eventually, so I am just trying to be careful.
There were several events when it was a good moment to short Bitcoin at that price range. However, at this point it doesn't look like a good idea, since we are at a double top, and it seems Bitcoin is gaining enough moment to break previous highs.
But that's just my view of things, so don't take it as trading advice.
But that's just my view of things, so don't take it as trading advice.
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