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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 24682. (Read 26717729 times)

legendary
Activity: 1512
Merit: 1005
What am I supposed to do?? Enter 20x leverage right here or wait for a dip??

Fucking christ

That depends.  If you profit from this, will you keep your profit in BTC or fiat?  If BTC, then hold off.  There is some bearish divergence above 360.  If you plan to keep your profit in fiat, please go all in now.


The not-just-yet potetial adopters getting a bit uneasy, my feeling.
full member
Activity: 152
Merit: 100

worst case eat some rice and beans for dinner  for a couple days... best case.... hookers and blow
Funny, for me it's the opposite:

Best case rice and beans - I love me some rice and beans for dinner.

I wouldn't want prostitutes and cocaine even for free.  Tongue
legendary
Activity: 1078
Merit: 1006
100 satoshis -> ISO code


That skeleton can join the boneyard of those still waiting for sub-$65 after the April 2013 crash.

legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1666
Merit: 1010
he who has the gold makes the rules
What am I supposed to do?? Enter 20x leverage right here or wait for a dip??

Fucking christ

Not to be a dick or anything, but... if the question stresses you out like that, the answer is almost certainly "do not enter a factor 20 leveraged trade" (edit: completely independent of the direction of the trade)

Buzzkill.  Tongue

i dunno i think it is pretty clear that bitcoin wants to break the 200 MA on the 6 hour chart.  why not just do say 0.25 btc and go for it

worst case eat some rice and beans for dinner  for a couple days... best case.... hookers and blow
legendary
Activity: 1512
Merit: 1000
@theshmadz
What am I supposed to do?? Enter 20x leverage right here or wait for a dip??

Fucking christ

Not to be a dick or anything, but... if the question stresses you out like that, the answer is almost certainly "do not enter a factor 20 leveraged trade" (edit: completely independent of the direction of the trade)

Buzzkill.  Tongue
legendary
Activity: 1666
Merit: 1010
he who has the gold makes the rules
This suckers rally is going way higher than I thought it would. I think I'm going to short here... not crazy leverage like 20x though, that's way to risky.

you have to remember that bitcoin has a lot of novice traders and so the dips and rallies are exaggerated. 

legendary
Activity: 1470
Merit: 1007
What am I supposed to do?? Enter 20x leverage right here or wait for a dip??

Fucking christ

Not to be a dick or anything, but... if the question stresses you out like that, the answer is almost certainly "do not enter a factor 20 leveraged trade" (edit: completely independent of the direction of the trade)
hero member
Activity: 784
Merit: 1000
This suckers rally is going way higher than I thought it would. I think I'm going to short here... not crazy leverage like 20x though, that's way to risky.
legendary
Activity: 1666
Merit: 1010
he who has the gold makes the rules
beware, this may be the top for a while... too risky going long now imo

not yet me thinks it has ways to go
legendary
Activity: 2464
Merit: 1145
Thanks for all the answers, I'm keeping my profits in btc so I guess i'll be on the sides for a bit more and try to catch a dip.
I'm only doing it with 2-3 btc though so it's not like i'm all in leverage

As to why I do 20x, that's because I got to make playz Cool
Probably doing 2 btc 20x, 1 btc 10x.

If you want to go long, I don't think now is the time. I'd even consider shorting right now of I was still playing. 366 right now on stamp, I think support is still around 350.

I'm usually wrong about these things, it's why I don't actively trade any more.

doesnt that mean hes doing the exact right thing now?  Cheesy

btw. im thinking of leveraging too, but i will wait the next 3 days out or until we bump through 400
legendary
Activity: 1666
Merit: 1010
he who has the gold makes the rules
Thanks for all the answers, I'm keeping my profits in btc so I guess i'll be on the sides for a bit more and try to catch a dip.
I'm only doing it with 2-3 btc though so it's not like i'm all in leverage

As to why I do 20x, that's because I got to make playz Cool
Probably doing 2 btc 20x, 1 btc 10x.

IF you can catch a falling knife, then all the power to you.  

Some people are great at calling tops, others calling bottoms, and some have no luck at all.  How lucky do you feel today?
full member
Activity: 154
Merit: 100
playing pasta and eating mandolinos
beware, this may be the top for a while... too risky going long now imo
legendary
Activity: 1512
Merit: 1000
@theshmadz
Thanks for all the answers, I'm keeping my profits in btc so I guess i'll be on the sides for a bit more and try to catch a dip.
I'm only doing it with 2-3 btc though so it's not like i'm all in leverage

As to why I do 20x, that's because I got to make playz Cool
Probably doing 2 btc 20x, 1 btc 10x.

If you want to go long, I don't think now is the time. I'd even consider shorting right now if I was still playing. 366 right now on stamp, I think support is still around 350.

I'm usually wrong about these things, it's why I don't actively trade any more.

Edit - actually, I'd short the whole thing right now full leverage just to troll shroomsy, lol
legendary
Activity: 2338
Merit: 1035
Thanks for all the answers, I'm keeping my profits in btc so I guess i'll be on the sides for a bit more and try to catch a dip.
I'm only doing it with 2-3 btc though so it's not like i'm all in leverage

As to why I do 20x, that's because I got to make playz Cool
Probably doing 2 btc 20x, 1 btc 10x.
legendary
Activity: 2268
Merit: 1141
What am I supposed to do?? Enter 20x leverage right here or wait for a dip??

Fucking christ

20x leverage is just madness, seriously. A 5% drop of your buy-in price will get you margin called and since bitcoin is very volatile it´s pretty easy to meet that target.
legendary
Activity: 1260
Merit: 1116
Granted this is my first year, but isn't Bitcoin crashing the wrong way?
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
Shorts getting slaughtered.   Cheesy

I wouldn't say slaughtered... We haven't moved all that far yet.. Only a few percent
legendary
Activity: 1512
Merit: 1000
@theshmadz
What am I supposed to do?? Enter 20x leverage right here or wait for a dip??

Fucking christ
I can't tell you what to do, but I can share my experience. Hope it helps.  Smiley

I tried playing with leverage a while back, the spread sucked though so as soon as you open your position you're in the hole. As long as the market moves in your direction, you're fine. But (I'm my case at least) it only has to move against you once to wipe out the profits from several winning bets.

Proceed with caution.

hero member
Activity: 742
Merit: 500
What am I supposed to do?? Enter 20x leverage right here or wait for a dip??

Fucking christ
Just stay away from 20X leverage son. You'll get motherfucking REKT. You are just asking for it. Trust me.
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