Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26455. (Read 26732261 times)

Aren't we supposed to never see sub 500 again and start to rise again? Many ppl said that before the rise to 520's with almost no volume

But where is your HODL now?

You seem to be more sophisticated at trading than me, so Newbie is your name, but so what? 

I already know that some people use the forum to get ideas, and some people use the forum to spread FUD, and we do NOT always know for sure what are the motives of others... again, whether you were purposeful, you are claiming that you were NOT.. .which hopefully is true, but I have my doubts, since you are attempting to claim that your conclusion was an innocent mistake .. or even implying that you may be correct about the disinformation that you are seeming to attempt to spread.

These dumps make me so tired...

And still all i see is idiots dumping.

Again, don't accuse me of s---. I would note preface my words with "I am probably being hyperbolic" if I was trying to spread nonsense. Also, my name is Newbie, bro. Emphasis on new. Cheers!

Two dutch BTC 'providers' also sold out. One is giving slight bonus on selling to them.

Overly emotional response. I hope that you all realize that I simply don't f---ing care enough to try to spread FUD. It was my take on a story. I like being right. It is why I banter about which way the market is going. Anyhow, it doesn't really matter that the market should go down (for this reason or a handful of others) because the volume is so heavy. I need to learn to just stay put otherwise I'll get nickled and dimed to death.

Have a jolly evening. And don't accuse me of s---. I don't like that. I just say what's on the top of my head.

That doesn't make sense at all, why would be coinbase bought out? They must have atleast few k's of BTC stored, no?

Hey Newbie1022. Don't listen to the hodl trolls, now is the time to trade. (actually, always is the time to trade, if you can spend some time on it and are willing to learn).

That said, here's some advice I wish someone would have given me: Historically, Bitcoin greatly favored holding coins (which is why so many in here believe in pure buy & hold). So a lot of us heard about Bitcoin, got excited, bought in -- and them some of us started trading. The advice I consider extremely useful: don't trade with your entire position from the beginning. You should rarely go "all in" anyway because of risk control, but even the size of your trading account that you consider for individual order size should only be a fraction of your entire Bitcoin account, imo.

Say, you start with 10% of your Bitcoin account. Had a profitable month? Double that percentage. Made a loss, cut it in half. You get the idea. It's the "probation" period for you as a trader, and it allows you to, as you say, learn the ropes without incurring major losses through bad decisions.

However, since the situation is looking a lot more bearish now than a month ago imo, the default position of keeping the rest of your Bitcoin account in coins is maybe not the best advice either. But whatever you decide in that respect, I suggest to not actively (i.e. daily, or weekly) trade with the entire account, unless it is small enough that it really doesn't matter.

That doesn't make sense at all, why would be coinbase bought out? They must have atleast few k's of BTC stored, no?

YES>>>>>> you are being hyperbolic, and you seem to be spreading FUD... maybe you are NOT doing this on purpose, but you are making much more out of the situation than the FACTS support.

The news is bullish.. b/c it means that a lot of Coinbase customers are buying and have bought more coins than Coinbase had prepared for sale.

The news is problematic, b/c we do NOT know how long Coinbase is going to remain without coins for sale..   Your stating an assumption that they are NOT going to have coins for four days b/c that is what the message states for the guarantee of coins being available is also misplaced.. b/c nothing in that message should cause you to assume that Coinbase will NOT have coins until the stated dates....  additionally, I have experienced that they usually get coins much more quickly.. probably even in less than a day.. but we may have to wait until Monday... possibly.   

So the news would be problematic if we have to wait until Monday or even later for BTC to be available through coinbase.

Newbie.. your response is pure bullshit and FUD spreading .. I just hope you are NOT coming to these ridiculous non fact based conclusions on purpose.

I did just short. I actually shorted right after I saw that. I think it's terrible news. Interpret it as you will.

Also, you don't know that there are more buys than sells... there probably would have been, but guess what... nobody is going to be buying coins with them until they know what the Friday price is.