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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31079. (Read 26608075 times)

legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.
I don't do TA, but I'm amazed nobody has pointed out the closing triangle on the 6 month chart.

Legit TA follows:

CHOO CHOO ┗(°0°)┛!!!
newbie
Activity: 33
Merit: 0
Forced rally is forced. Epic trainwreck incoming.
legendary
Activity: 1260
Merit: 1000
Drunk Posts
CHOO CHOO ┗(°0°)┛!!!

1 K before bed, PLEASE!

Thats 20 minutes till 5am. Or until the ambien i took an hour ago hits me...
legendary
Activity: 2156
Merit: 1070
I am now full BTC. Would have never thought so going towards the weekend. But this market is building more and more support and when the damn breaks everything is going to flood north. And I don't want to miss any part of that.
hero member
Activity: 634
Merit: 500
I don't do TA, but I'm amazed nobody has pointed out the closing triangle on the 6 month chart.
full member
Activity: 238
Merit: 100
I have been saying, but it seems to be too hard to understand to some of traders here... (seleme and nemo to name a few)

If you are trading bitcoins, one good approach is that you normally have 100% BTC (from your invested fiat) and if something happens like big up or down then you should have a clear plan what to do, short-term future becomes a lot more easy to predict when these major spikes appear first.

Forget about how much USD you have short-term, focus only to get more BTC, because longest trend is UP UP UP.

I have noticed that my biggest loses (BTC) come when I'm holding USD and waiting too long. Don't wait that the price falls.

Make a plan and stick to it when something happens.

This will get you with more fiat and more btc.
hero member
Activity: 854
Merit: 1000
see you guys at 300?



so you are leaving us forever? good luck then.

I've sold every last dollar.

legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.
legendary
Activity: 1652
Merit: 1029
*sigh* breaking 1k again. This time can we just keep going? I'm sick of reading bear FUD on here.

"pmg oh noes teh chrats telld me we haf to gp 2 duoble dgitis becez fo teh raesons"
sr. member
Activity: 336
Merit: 250
♫ the AM bear who cares ♫
There are just too many negative indicators on the daily chart and eerily familiar trap patterns for me to go full btc now. I went 40% btc just so I could chill out and not "miss the train".

I know from experience the best thing I can do when I'm frustrated with the market direction is to take a position with it and then it'll probably reverse,

Guys! Guys! The tea leaves look super negative and today is Friday the 13th!

Sell!
legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.
see you guys at 300?



so you are leaving us forever? good luck then.
Maybe if China were to put a flat out ban on bitcoins and shut down all the exchanges tomorrow that could happen during a flashcrash.

Come on now... Gimme that funky...

$1000/BTC
hero member
Activity: 728
Merit: 500
see you guys at 300?



so you are leaving us forever? good luck then.
Maybe if China were to put a flat out ban on bitcoins and shut down all the exchanges tomorrow that could happen during a flashcrash.
hero member
Activity: 546
Merit: 501
see you guys at 300?



so you are leaving us forever? good luck then.
legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.
BEING LONG, IS NEVER WRONG

-macsga

faulty punctuation leads to great frustration.

-molec
LOL!
legendary
Activity: 1680
Merit: 1014
Good morning from Europe and hello to everyone saying that going all fiat is stupid. You were, as always, right.

My only hope now is a sharp downward movement during the next three days, and knowing my luck, that will not happen.

This week saw me 3 BTC down, though almost at the same $ value. The worst decision was to sell at 804, after I auto-bought at 901 (down from 960), expecting the second down-leg.

Hopefully, we are at a local top before the week-end, so I am still in fiat. And I am in dire need of a second chance. Knowing Bitcoin, that chance would come, I just simply need not to botch it.

I am sorry you chose to learn the hard way.   We tried . . .

By the way, since you seem to like the risk of trading, where I just can't risk my precious BTC, I have an observation for you.   Look at the one day charts.   We had one large red candle the day the China news broke.   Imagine a stone thrown in a pond.   Following that, 3 days up, 3 days down, 3 days up, 2 days down.    2 days up?   1 or 2 days down?   If you are going to mess around, at least trade the larger swings, not every day.

Better yet, find an entry point and take a break . . .   You know you wish you had done it sooner.

Thank you for the insight. I discovered now the hard way, that my best trades were when I either placed limit orders and waited, or when I traded very small amounts on an ebb-and-tide. Anything inbetween, and I become too trigger-happy and lose.

I think I am going to reduce my trading allowance as well, to be on the safe side. Smiley

Oh, and about alts... I actually made 20 BTC on Zetacoin by just holding, when everyone was predicting it going to 0....

I know from experience the best thing I can do when I'm frustrated with the market direction is to take a position with it and then it'll probably reverse,

For you as well?!  Cheesy
legendary
Activity: 1400
Merit: 1013
hero member
Activity: 854
Merit: 1000
see you guys at 300?

donator
Activity: 2772
Merit: 1019
BEING LONG, IS NEVER WRONG

-macsga

faulty punctuation leads to great frustration.

-molec
hero member
Activity: 728
Merit: 500
There are just too many negative indicators on the daily chart and eerily familiar trap patterns for me to go full btc now. I went 40% btc just so I could chill out and not "miss the train".

I know from experience the best thing I can do when I'm frustrated with the market direction is to take a position with it and then it'll probably reverse,
legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.
I'm going back to my precious alts trading, I'm tired of btc vs usd one and I'm shit in it.

Good job, let the good vibes roll  Smiley

Maybe we can see another swing, so im full bitcoin again? Because 90% bitcoin is just not enough to me. Cool

I'm 100% BTC and I'm...    LONG!

'cause BEING LONG IS NEVER WRONG
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