Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17009. (Read 26716985 times)

legendary
Activity: 1512
Merit: 1012
sr. member
Activity: 420
Merit: 257
Since this is the speculation thread, do you guys think we will get to 2600 again before august? Lost and made some money, still need a bit more to break even again.
                                                                                                                                     

Bro, I'll heartedly advice you not to play in such a volatile market as crypto is. Unless you're a full skilled trader from stock markets. BTC is king and will win the final battle against fiat. Soon things will be like that:


                                                                                                                                                                                                                                                   
You are completely right, I'm definitely not a skilled trader yet, just been lurking for some time

I am just playing with around 2k, and I only buy in trends + when I see clear candle patterns and with the info from this website and telegram. So most of the time I only make "safe" (I know it is almost never safe") trades. But then I discovered leverage trades, made some good money, adrenaline was pumping, got overconfident (also the drinks did not help) went long just as it was turning (Still have no idea where my logic went).

I am aspiring to become a full skilled stock trader, BTC just happened to come on my path and with little money you could still easily make a couple of 100 bucks. Also the idea of using it as long term savings account looked great since in Holland I get less then 1% growth in a year... Also since the laws for bitcoins are still in a grey area you can do a lot of fun things with it (currently writing a coin buying and investing website with ideal support for a select amount of people). The API's in general are funt to work with as a programmer so it gives me some incentive to work.

As soon as I get that website up and running and have some more funds I'll start opening up a proper broker account and reading into where to start there... This is getting a bit off topic but any suggestions on where I can start even with a low amount off funds. Probably best not to post it here.

TLDR;
Lost all my earnings and a chunk of my 2k due too leverage and intoxicated, slowly getting it back. Also do want to get into  normal


better to buy as the price goes down and sell as the price goes up, but don't buy or sell too much in order that you do not run out of either bitcoins (on the way up) or fiat (on the way down).

So in that regard, if you only have bitcoins because you used all your fiat to buy at a price that is higher than the current price, then you just have to wait it out for however much time it takes to return to you purchase price level, even if it takes a year or two.  

In the meantime, if BTC prices continue to go down, which surely is possible, just continue to buy $10 per week (or whatever reasonable amount is in your budget), and sooner or later, you continue to bring down your average cost per BTC and you will be back in the the game and be able to sell some of your bitcoins either below $2600 or above $2600 (but as long as you are selling as the price goes up and buying as the price goes down, you should be good), and whenever BTC returns to that $2600 level (whether this week or a few years from now), you will be fully back... and hopefully learned some lessons along the way...hahahahaha   Cheesy

Sounds like a clever plan. But i just buy and sell. And have 1 (1.03) Bitcoin more today, compaired to yesterday. Does that suffice ?
Let me brag a bit, my life is otherwise pretty boring . . . Smiley



hero member
Activity: 1035
Merit: 558

And "ITT" is short for . . .   Sorry, i´m a bit slow !


In this thread

its next question will be 'whats a thread?'
whats what?  Huh  Grin
-----
Is the former uptrendline turning into resistance now? We will find out soon.
For now, I would have to see price returning and being supported above 2600 to believe bullish trend is still intact.




legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
Since this is the speculation thread, do you guys think we will get to 2600 again before august? Lost and made some money, still need a bit more to break even again.
                                                                                                                                     

Bro, I'll heartedly advice you not to play in such a volatile market as crypto is. Unless you're a full skilled trader from stock markets. BTC is king and will win the final battle against fiat. Soon things will be like that:


                                                                                                                                                                                                                                                   
You are completely right, I'm definitely not a skilled trader yet, just been lurking for some time

I am just playing with around 2k, and I only buy in trends + when I see clear candle patterns and with the info from this website and telegram. So most of the time I only make "safe" (I know it is almost never safe") trades. But then I discovered leverage trades, made some good money, adrenaline was pumping, got overconfident (also the drinks did not help) went long just as it was turning (Still have no idea where my logic went).

I am aspiring to become a full skilled stock trader, BTC just happened to come on my path and with little money you could still easily make a couple of 100 bucks. Also the idea of using it as long term savings account looked great since in Holland I get less then 1% growth in a year... Also since the laws for bitcoins are still in a grey area you can do a lot of fun things with it (currently writing a coin buying and investing website with ideal support for a select amount of people). The API's in general are funt to work with as a programmer so it gives me some incentive to work.

As soon as I get that website up and running and have some more funds I'll start opening up a proper broker account and reading into where to start there... This is getting a bit off topic but any suggestions on where I can start even with a low amount off funds. Probably best not to post it here.

TLDR;
Lost all my earnings and a chunk of my 2k due too leverage and intoxicated, slowly getting it back. Also do want to get into  normal


better to buy as the price goes down and sell as the price goes up, but don't buy or sell too much in order that you do not run out of either bitcoins (on the way up) or fiat (on the way down).

So in that regard, if you only have bitcoins because you used all your fiat to buy at a price that is higher than the current price, then you just have to wait it out for however much time it takes to return to you purchase price level, even if it takes a year or two.  

In the meantime, if BTC prices continue to go down, which surely is possible, just continue to buy $10 per week (or whatever reasonable amount is in your budget), and sooner or later, you continue to bring down your average cost per BTC and you will be back in the the game and be able to sell some of your bitcoins either below $2600 or above $2600 (but as long as you are selling as the price goes up and buying as the price goes down, you should be good), and whenever BTC returns to that $2600 level (whether this week or a few years from now), you will be fully back... and hopefully learned some lessons along the way...hahahahaha   Cheesy
legendary
Activity: 2310
Merit: 1422
What are your guys thoughts on this latest ICO Tezos?  Do you think it has had any effect on the recent prices of bitcoin or ether?   I have definitely noticed as the prices of Ethereum has dropped, the number of Ethereum contributed has definitely skyrocketed.

On the other hand, as prices of BTC have remained a little flat, the amount of bitcoin contributed to Tezos has slowed down significantly.
We usually don't talk Ethereum here and sure as hell we talk no ICO.
legendary
Activity: 2242
Merit: 3523
Flippin' burgers since 1163.
[...] btc1 [...] If they do decide to fork off, no relevant economic nodes will join them. [...]

I wouldn't bet my bitcoins on that. You sound a little too convinced or extremist, which reveals uncertainty.
Lets just see, the market will decide for us.
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
What are your guys thoughts on this latest ICO Tezos?  Do you think it has had any effect on the recent prices of bitcoin or ether?   I have definitely noticed as the prices of Ethereum has dropped, the number of Ethereum contributed has definitely skyrocketed.

On the other hand, as prices of BTC have remained a little flat, the amount of bitcoin contributed to Tezos has slowed down significantly.
full member
Activity: 294
Merit: 103
140+ Wall spotted @ $2400 @ Bitfinex

EDIT: being swallowed in an hallucinating rhythm.
Market looks thirsty.

In the last half hour also a 150+50 BTC walls around 2100€ at Kraken have been eaten. Maybe those are somewhat "small" walls, but they were for real and of significant size for Kraken.

We are again inside the triangle. Sideways, and more sideways.

Like Jimbo says, "coiling, coiling..."
legendary
Activity: 1932
Merit: 1610
Self made HODLER ✓
140+ Wall spotted @ $2400 @ Bitfinex

EDIT: being swallowed in an hallucinating rhythm.
Market looks thirsty.

In the last half hour also a 150+50 BTC walls around 2100€ at Kraken have been eaten. Maybe those are somewhat "small" walls, but they were for real and of significant size for Kraken.

We are again inside the triangle. Sideways, and more sideways.
legendary
Activity: 2842
Merit: 1511
TLDR;
Lost all my earnings and a chunk of my 2k due too leverage and intoxicated, slowly getting it back. Also do want to get into  normal

You need to be disciplined. Only takes one drunken stupor on leverage to wipe out a position that you've diligently worked at for months/years. I guess most of us have taken on too much risk and got stung at some point though.
legendary
Activity: 1568
Merit: 1001
Since this is the speculation thread, do you guys think we will get to 2600 again before august? Lost and made some money, still need a bit more to break even again.

Pure guess? Nope. Too much turbulence for that price level again.
New ATHs in August and September with quicker consolidations in between. 5 digits into the new yr.
full member
Activity: 294
Merit: 103
140+ Wall spotted @ $2400 @ Bitfinex

EDIT: being swallowed in an hallucinating rhythm.
Market looks thirsty.
legendary
Activity: 2660
Merit: 2868
Shitcoin Minimalist
http://mailchi.mp/bitmex/crypto-trader-digest-1307661?e=2eeec28d17

"Many people smarter than me have opined on the issues surrounding the Bitcoin scaling debate. As such, I will only focus on the relevant dates traders should etch into their memory.
July 14th
On this date ..."

"Jihan Wu, Bitmain CEO, already opined that he will hard fork regardless of whether UASF succeeds or fails. It is not guaranteed that a hard fork could happen without issues, but this is the best time from their perspective to attempt one. Should it succeed, Bitcoin will quickly erase all prior losses and surpass $3,000. "

So the market will be delighted that a handful of Chinese miners are in full control of Bitcoin?

That's a really fucking stupid supposition.

The market will be delighted that Segwit passes. After that, Jihan and Roger Ver can shove btc1 up each other's asses.. If they do decide to fork off, no relevant economic nodes will join them.

I'm still of the belief that this whole segwit2x fiasco is a way for Jihan to save face, while accepting segwit.
legendary
Activity: 1932
Merit: 1610
Self made HODLER ✓
Our new Avenger Joe! Already received ~4 btc in donations.  Cool



Very well deserved. I hope he reaches at least 10BTC. It will also be an additional positive news in itself.

Anyone knows what was he doing there? It doesn't seem like an easy access "place".

An interview would be great.... it's not that he is "anonymous" now anyways.
legendary
Activity: 3794
Merit: 5474
Our new Avenger Joe! Already received ~4 btc in donations.  Cool

newbie
Activity: 44
Merit: 0
Since this is the speculation thread, do you guys think we will get to 2600 again before august? Lost and made some money, still need a bit more to break even again.
                                                                                                                                     

Bro, I'll heartedly advice you not to play in such a volatile market as crypto is. Unless you're a full skilled trader from stock markets. BTC is king and will win the final battle against fiat. Soon things will be like that:

https://ip.bitcointalk.org/?u=http%3A%2F%2Fi.imgur.com%2FgE8hDnY.jpg%26t%3D578%26c%3DNlb3YmM93n0Fkw%26t%3D578%26c%3D2idGqolDzwr44A%26t%3D578%26c%3Djntx8uiI_lupcw%26t%3D578%26c%3D0y5X549ddb8l1A&t=578&c=tt-yWdJEtGIaJ                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               A
                                                                                                                                                                                                                                                   
You are completely right, I'm definitely not a skilled trader yet, just been lurking for some time

I am just playing with around 2k, and I only buy in trends + when I see clear candle patterns and with the info from this website and telegram. So most of the time I only make "safe" (I know it is almost never safe") trades. But then I discovered leverage trades, made some good money, adrenaline was pumping, got overconfident (also the drinks did not help) went long just as it was turning (Still have no idea where my logic went).

I am aspiring to become a full skilled stock trader, BTC just happened to come on my path and with little money you could still easily make a couple of 100 bucks. Also the idea of using it as long term savings account looked great since in Holland I get less then 1% growth in a year... Also since the laws for bitcoins are still in a grey area you can do a lot of fun things with it (currently writing a coin buying and investing website with ideal support for a select amount of people). The API's in general are funt to work with as a programmer so it gives me some incentive to work.

As soon as I get that website up and running and have some more funds I'll start opening up a proper broker account and reading into where to start there... This is getting a bit off topic but any suggestions on where I can start even with a low amount off funds. Probably best not to post it here.

TLDR;
Lost all my earnings and a chunk of my 2k due too leverage and intoxicated, slowly getting it back. Also do want to get into  normal
legendary
Activity: 2842
Merit: 1511
Since this is the speculation thread, do you guys think we will get to 2600 again before august? Lost and made some money, still need a bit more to break even again.

Maybe by August 2018.
legendary
Activity: 2604
Merit: 3056
Welt Am Draht
Since this is the speculation thread, do you guys think we will get to 2600 again before august? Lost and made some money, still need a bit more to break even again.

Pure guess? Nope. Too much turbulence for that price level again.
full member
Activity: 294
Merit: 103
Since this is the speculation thread, do you guys think we will get to 2600 again before august? Lost and made some money, still need a bit more to break even again.

Bro, I'll heartedly advice you not to play in such a volatile market as crypto is. Unless you're a full skilled trader from stock markets. BTC is king and will win the final battle against fiat. Soon things will be like that:

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