come on 860 thats all i ask
Loaded, time to Unload dont you think!?
Are you serious? Can you really make money that way?
I understand waiting and hoping for $860 or some other lower price point in order that you might be able to buy more little friends, but it does not seem like a good idea to sell hoping that the price goes down or in order to attempt to cause the price to go down... not at these price points.
What I mean is that when prices went up from $600 to $1,139, you should have been selling all along that spectrum, and then when prices came back down to $750, you should have been buying all the way down that spectrum, and then when the price went back up to $940 again, you should have been selling.. .. and now, the price is coming down, therefore it seems to be time to buy, not to sell, amirite? or no?
come on 860 thats all i ask
Loaded, time to Unload dont you think!?
There's a 1000 BTC buy wall at $870 on Bitstamp. Some good buy support there.
walls of dollars are for pulling, no? If there is such a big wall, that kind of makes me think that the price has a decent likelihood of going down below $870 and maybe even in the lower $800s.. who the fuck knows, except maybe the guy that put up that wall?
Nope it was time to sell when it reached 8888 cny, now it is time to short.
Walls are there for fake support-- people that want coins, buy at market price---people that want to sell coins, sell at market price. they don't put up walls.
I understand that there could be a push down to the lower $800s and maybe even a bit lower, and even $600s are not out of the question, but I still think that it would be quite difficult to get to those lower price points, and I will be buying all the way down. I don't short, so I guess my strategies are more limited to buy coins as the price goes down.. but I remain too worried to sell too much of my coins on such downward speculation when it is also possible that prices could go up, rather than down. I am prepared either way, and I do not really have strong ideas either way, except it does still seem to me that the buying support is pretty decent, but I know that if prices break below certain points, people can sometime jump on a selling bandwagon rather than just HODLing (or buying).
I see a glimpse of the future........it's coming soon on the next edit.
Edit:
Wouldn't some kind of FUD or something have to cause such a downward spike so quickly. I would not think that we could achieve lower $600s in this week's candle without some extra ordinary events taking place.. and then that would affect the intensity or lack thereof of the recovery of the subsequent candles.... something seems wrong with your prediction and the way you anticipate it to play out under current facts. I am not saying that your scenario is not possible, but it seems to be a kind of less than 20% chance scenario to play out the way that you paint it.
Maybe I should ask you if you are really betting on this scenario, or are you just attempting to spread FUD in order to close your shorts in the lower to mid $800s, which seems a more realistic (but still not any kind of "done deal" type of correction that we could have this week or maybe a one or two weeks from now)?
come on 860 thats all i ask
Loaded, time to Unload dont you think!?
Are you serious? Can you really make money that way?
I understand waiting and hoping for $860 or some other lower price point in order that you might be able to buy more little friends, but it does not seem like a good idea to sell hoping that the price goes down or in order to attempt to cause the price to go down... not at these price points.
What I mean is that when prices went up from $600 to $1,139, you should have been selling all along that spectrum, and then when prices came back down to $750, you should have been buying all the way down that spectrum, and then when the price went back up to $940 again, you should have been selling.. .. and now, the price is coming down, therefore it seems to be time to buy, not to sell, amirite? or no?
This is the theory! Sell partially on the way up to take some profits and buy partially in on the way down to accumulate even more.
But we all know that in practice due to human psyche things often get done wrong.
I wouldn't sell either any BTC now, just try to buy more when there's a possibility of another short down pressure.
Yeah sure, the devil is in the details and you and I are more or less on the same page.... we seem to be in buying phase right now, not a selling phase, it is just a matter of how much do you buy and how low do you wait for...