Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17784. (Read 26607540 times)
February 03, 2017, 08:27:30 AM
February 03, 2017, 08:10:23 AM
1000$ / 7000 Yuan is starting to look like a support level.
how can $1000/7000 be the support level if the maximum still little less than $1000 in most exchanges($1022 on Bitstamp) and btc-e has maximum of $999?
February 03, 2017, 07:33:11 AM
So BTC is still down 3.74 % last 30 days.....
And were back below $1000. It was not stable enough to keep it's head above water. 
February 03, 2017, 07:10:57 AM
Yup, a couple more dumps to shore up support and we're going up, next target ATH?
So that's how it's done. 
Interesting to know to get it to uptick by a couple of tenors to get it past the ATH.
Pretty sly.
But that isn't enough to keep it stable for the long run.
We need more whales to keep the rally going and not just small time buys to just have a drop in the bucket.
February 03, 2017, 07:06:50 AM
Last chance to buy under $1000 forever?!
February 03, 2017, 06:58:22 AM
Yup, a couple more dumps to shore up support and we're going up, next target ATH?
February 03, 2017, 06:57:23 AM
1000$ / 7000 Yuan is starting to look like a support level.
February 03, 2017, 06:28:50 AM
LEGIT ...
February 03, 2017, 04:17:59 AM
you are the one who had been asking about strategies to protect yourself (or your BTC holdings from volatility)
And, also, you were suggesting some method that includes stop loss bullshit (which in essence is a kind of gambling - as you already seemed to acknowledge)
no. i wasn´t asking for strategies in my post. instead i was clearly asking:
so where would you armchair experts suggest a sweet spot for a stop loss ?
while i was asking that, there was a $30 drop which showed me live that it might not be a good idea at all.
you keep repeating your strategy which is totally ok with me if it works for you. i personally do not prefer your strategy - so i said:
fine if that works for you. i stick to hodling.
it wasn´t me asking for a strategy, it was you rolling out your strategy. so please don´t turn around and open your post with this "you are the one..." rhetoric. because actually it was -
you.
February 03, 2017, 03:56:45 AM
Sellers looking for a reason to unload in this range me thinks, any blip out of china or something else and down she goes.
3 day macd turns green in a day or so, traders paying attention to that for sure.
3 day macd turns green in a day or so, traders paying attention to that for sure.
February 03, 2017, 03:28:51 AM
PoolMinor is too bearish. Did he sell at the bottom?
quoted for when I am correct in the soonish drop followed by another small rise followed by another small drop, followed by a steady sideways before any to da moon scenario. No I did not sell at the bottom. I buy on the way down and sell on the way up, simple strategy as a chartist trader.
February 03, 2017, 03:27:08 AM
So BTC is still down 3.74 % last 30 days.....
February 03, 2017, 03:18:11 AM
back to $1000
good bye triple digits 
good bye triple digits
There has been a very long red candle on Stamp half an hour ago. Did you see that? we got back to the triple digits but the price bounced back without problems. I'd say, yeah
this red candle was exactly what i meant when i was considering a stop loss in my previous post. a stop loss to close to the actual price could get triggered but if afterwards price climbs back so fast it is possible that you wake up just to learn that your coins are gone for a cheaper price and price continues to rally.
i guess i better just don´t fuck around at all with any of my coins. after all those years i learned that for me this is the safest strategy. especially in an uptrend. bitcoin is a beast and even though there is only one dimension that the price can move (up/down) there seems to a myriad of ways for an unskilled noob like me to lose coins when trading this roller coaster.
missing the sell@top/buy the dips opportunities is easier to handle than actually lose some of my beloved shiny holy coins. i keep watching, that is entertaining enough.
That is why you do not employ any of those leveraging tools, or margin or anything like that.... it is too risky, unless you are going to be really actively involved and you employ a bunch of off set strategies that cause you to win big for every 5 times that you end up losing... hahahahaha
stick to really simple and small and non leveraged (and later, you can increase the amounts, once you get a decent feeling for it)
fine if that works for you. i stick to hodling.
you are the one who had been asking about strategies to protect yourself (or your BTC holdings from volatility)
And, also, you were suggesting some method that includes stop loss bullshit (which in essence is a kind of gambling - as you already seemed to acknowledge)
Also, if you sell an amount of BTC that is small enough, then you should not really give any kind of ratt's ass if you ever use those proceeds to buy back (in the event that you get left behind), because even if the price never ever comes back down again... you still have plenty of BTC to get richie in the event that prices go up 2x, 5x, 10x, 100x.. or whatever is your thinking of upside price possibilities
So, yeah, such a strategy works for me, but it can work for anyone as long as that person picks numbers that are comfortable for them.... .. furthermore, it does not seem to be a good strategy to sell BTC at all when you are in early BTC accumulation stages.. or even if you feel that you are in BTC accumulation stages to establish a comfortable base stake in BTC.
February 03, 2017, 03:17:58 AM
PoolMinor is too bearish. Did he sell at the bottom?
February 03, 2017, 02:50:00 AM
back to $1000
good bye triple digits
good bye triple digits
There has been a very long red candle on Stamp half an hour ago. Did you see that? we got back to the triple digits but the price bounced back without problems. I'd say, yeah
this red candle was exactly what i meant when i was considering a stop loss in my previous post. a stop loss to close to the actual price could get triggered but if afterwards price climbs back so fast it is possible that you wake up just to learn that your coins are gone for a cheaper price and price continues to rally.
i guess i better just don´t fuck around at all with any of my coins. after all those years i learned that for me this is the safest strategy. especially in an uptrend. bitcoin is a beast and even though there is only one dimension that the price can move (up/down) there seems to a myriad of ways for an unskilled noob like me to lose coins when trading this roller coaster.
missing the sell@top/buy the dips opportunities is easier to handle than actually lose some of my beloved shiny holy coins. i keep watching, that is entertaining enough.
That is why you do not employ any of those leveraging tools, or margin or anything like that.... it is too risky, unless you are going to be really actively involved and you employ a bunch of off set strategies that cause you to win big for every 5 times that you end up losing... hahahahaha
stick to really simple and small and non leveraged (and later, you can increase the amounts, once you get a decent feeling for it)
fine if that works for you. i stick to hodling.
February 03, 2017, 02:40:55 AM
back to $1000
good bye triple digits
good bye triple digits
There has been a very long red candle on Stamp half an hour ago. Did you see that? we got back to the triple digits but the price bounced back without problems. I'd say, yeah
this red candle was exactly what i meant when i was considering a stop loss in my previous post. a stop loss to close to the actual price could get triggered but if afterwards price climbs back so fast it is possible that you wake up just to learn that your coins are gone for a cheaper price and price continues to rally.
i guess i better just don´t fuck around at all with any of my coins. after all those years i learned that for me this is the safest strategy. especially in an uptrend. bitcoin is a beast and even though there is only one dimension that the price can move (up/down) there seems to a myriad of ways for an unskilled noob like me to lose coins when trading this roller coaster.
missing the sell@top/buy the dips opportunities is easier to handle than actually lose some of my beloved shiny holy coins. i keep watching, that is entertaining enough.
That is why you do not employ any of those leveraging tools, or margin or anything like that.... it is too risky, unless you are going to be really actively involved and you employ a bunch of off set strategies that cause you to win big for every 5 times that you end up losing... hahahahaha
stick to really simple and small and non leveraged (and later, you can increase the amounts, once you get a decent feeling for it)
February 03, 2017, 02:34:21 AM
back to $1000
good bye triple digits
good bye triple digits
There has been a very long red candle on Stamp half an hour ago. Did you see that? we got back to the triple digits but the price bounced back without problems. I'd say, yeah
this red candle was exactly what i meant when i was considering a stop loss in my previous post. a stop loss to close to the actual price could get triggered but if afterwards price climbs back so fast it is possible that you wake up just to learn that your coins are gone for a cheaper price and price continues to rally.
i guess i better just don´t fuck around at all with any of my coins. after all those years i learned that for me this is the safest strategy. especially in an uptrend. bitcoin is a beast and even though there is only one dimension that the price can move (up/down) there seems to a myriad of ways for an unskilled noob like me to lose coins when trading this roller coaster.
missing the sell@top/buy the dips opportunities is easier to handle than actually lose some of my beloved shiny holy coins. i keep watching, that is entertaining enough.
February 03, 2017, 02:22:40 AM
i try to read the last pages and looks like i can't understand what exactly are you talking about....
some pages before you spoke about china is driving the game etc.... i read many many times posts that have no relation to reality.
i think that the days of 3 digit price are gone, we are going up, the big problems have started long time for Euro and this is a good push for the Bitcoin, let's see what we will see March 11 - ETF etc... until then of course HODL!!! i'm not going to sell anything before 2000 - 3000 / BTC
some pages before you spoke about china is driving the game etc.... i read many many times posts that have no relation to reality.
i think that the days of 3 digit price are gone, we are going up, the big problems have started long time for Euro and this is a good push for the Bitcoin, let's see what we will see March 11 - ETF etc... until then of course HODL!!!
i'm not going to sell anything before 2000 - 3000 / BTC 
February 03, 2017, 02:20:21 AM
back to $1000
good bye triple digits
good bye triple digits
There has been a very long red candle on Stamp half an hour ago. Did you see that? we got back to the triple digits but the price bounced back without problems. I'd say, yeah
February 03, 2017, 02:02:13 AM
I see this as a large bounce off the 750 low, we should hit the 78% retracement at 1055. But, to zoom through the ATH from here, doesnt look proportional...it's happening too quick. If this is indeed the 'handle' part of the huge cup and handle from 2013-now, then another drop is likely.
Sidenote:
All these people claiming to be investors still spouting the same thing yet the sooner they realize that they are actually traders then they can worry about price drops. As an investor the current price should never matter since they are hodling long term and any price below their target sell price is a great price to buy. All this bullshit of "Gee I only buy the dips," is pure hogwash. If you are only seeing it as a good buy because it once was $1200 and now it is $1000, then all last year and the year before and the year before that were great buying opportunities. So please save us all the rhetoric and keep the mindless chatter to yourselves.
It's like the goldbugs (consider myself one too) who buy gold as "insurance against the fiat system", yet talk 24/7 about price manipulation. Gotta chuckle at that.
Jump to: