In reality if you really were that good at trading you'd take a massive loan, make it all back within a short period of time and then brag to us about your riches.
But the truth is that you have no fucking idea like most of us.
Except more often than not, I am right and you guys are all wrong.
I realise that the market goes two ways, most of you only want to think think of 'choo choo motherfucker', post unfunny HODL memes, or *FACEPALM* jpegs when someone disagrees with you all, like what I got hit with when I first reversed from my predominantly bullish to predominantly bearish position way back when Bitcoin was still over $1000.
I am quite happy stating that I don't care about Bitcoin, and only care about my profit margins in the same way I could state the same thing about BP if I had invested in BP stocks, or JPMorgan if I was holding their stocks. Actually, it would probably be a good thing for society if these stocks went to zero and these companies disappeared out of business. I would say the same thing about Bitcoin. It has nothing to do with liberty or punching out against the establishment for the little guy. It is a nasty pernicious 100% trackable method of digital payment that has already been completely cornered by just a handful of entities, with a structure of future dispersion, that is guaranteed to exacerbate this 'problem' insomuch as it wasn't intended by design all along.
Thankyou for suggesting that my trading skills are so good that I should take out a loan, but I think I will pass on that. See, these markets are cornered markets and in recent times, they have been totally dominated by the big hitters, something which has more likely than not always been the case except when everyone else is getting rich from it, nobody cares. Anyone watching closely can see this. There have been fantastic efforts to hold the price and providing no other whale entity had nothing to say against this, these efforts would succeed and still might succeed albeit at a lower price range. For most of the past 2-3 weeks, the price has been holed up in an unfeasibly narrow zone and it has taken some very large BTC dumps to tip the scales against the price holding algorithms. For the previous weeks slide down to $725, it took a 3000 BTC sell off on Bistamp within a 5 minute period. Yesterday, it took at 1500 BTC sell off within 1 minute to dismantle the humongous Bid wall, resulting in a bit of price slippage. Ask yourself, who is piling up these massive Bid/Ask walls and whose bot keeps pushing the spot price away from the weight of the genuine market? And then who is coming along with a hundreds or thousands of coins and dumping them all at once?
So you are right, like most people, I have no fucking idea. To be able to predict Bitcoin at the moment you need to be a mindreader and I can't read minds and even if I could, I wouldn't know whose mind to read in order to get an understanding of what is in store for Bitcoin. But at least I am able to stand back and see the wood for the trees without needing photographic evidence and a signed confession from the wood, stating that it is infact a wood, and not just a bunch of random trees. Perhaps the narratives that I apply to the market action aren't wholly correct, but who cares. As long as they continue to serve me right, that is all that matters to me. After all, one has got have an opinion and as you may have noticed, I always have an opinion.
As an aside from my admission of not feeling that I can really call Bitcoin at the moment, anyone who had taken Tech Analysis 101, would confirm that Bitcoin charts are very bearish and if you were forced to place a bet on it right now, it would have to be a short.