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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33189. (Read 26497254 times)

sr. member
Activity: 350
Merit: 250
Thanks for all the feedback guys. I have traded before but would still consider myself a newbie since my experience level is low. I am always looking at the charts and the market data. I am not trying to make frequent trades throughout the day. Just trying to buy as low as i can and sell when its high. I am playing with a few grand so i wouldn't mind making a few bucks here and there while learning.  Grin
hero member
Activity: 910
Merit: 501


never seen virtex so active.

Liberty Bit shut down. Where else are Canucks going to trade?
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
This video is over 2 months old.

And why would Kevin O'Leary use such a small exchange?


cavirtex is first class, deposited funds can clear in less then 10 mins. Its the best exchange for canadians


So? If I have many thousands of dollars worth of buying to do, why take such a small exchange?
Not only the slippage would kill you, but so would their 3% fee.

trust! and the fee is only for small volume, + Canadians aren't free from manipulation.
convenience,

send funds to mtgox costs 1 headache  takes 1 week
send funds to virtex costs  0 headache  takes 10 mins
legendary
Activity: 1372
Merit: 1000
This video is over 2 months old.

And why would Kevin O'Leary use such a small exchange?


cavirtex is first class, deposited funds can clear in less then 10 mins. Its the best exchange for canadians


So? If I have many thousands of dollars worth of buying to do, why take such a small exchange?
Not only the slippage would kill you, but so would their 3% fee.

trust! and the fee is only for small volume, + Canadians aren't free from manipulation.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
This video is over 2 months old.

And why would Kevin O'Leary use such a small exchange?


cavirtex is first class, deposited funds can clear in less then 10 mins. Its the best exchange for canadians


So? If I have many thousands of dollars worth of buying to do, why take such a small exchange?
Not only the slippage would kill you, but so would their 3% fee.
the fees are 0.5% if your a market maker.

1 reason to take your fiat to smaller exchanges would be to buy up as many coins as you can , and not directly affect the mtgox price

but i dont think thats whats happening...

truth is his bid will fill, and its not like he would of gotten ALOT more bitcoin if he had when through the trouble of sending to MtGox, and sending money to mtgox doesn't take 10 mins, but at cavirtex it does
hero member
Activity: 770
Merit: 501
Newbie trader here. Would like some trading tips. I see consolidation is happening right around $105.00-$106.00 area for the past few hours. Usually does this mean it will break out upward after or will it drop? Thanks in advance.

with the current market situation i wouldn't recommend trading within the narrow price swings.
always consider if your possible gain in profit is worth the risk of buying back in at loss.
that risk depends if you're more oriented towards shortterm or mid to longterm trading.
(i'm longterm so i don't care about 10- 20 $ swings)

I recommend just starting to read the thread for a while and don't hesitate to ask questions.
after some time you are able to filter out the useful posts from the fud.

(ah and somebody's member status isn't always suggesting more trustworthiness in his comments,
the colour of ignore button helps to separate the wheat from the chaff from time to time)



The pro has spoken.  Roll Eyes Haha just fucking with ya.

i wouldn't consider myself pro in any sense, i made lot of mistakes after the burst of the bubble
(bought in at loss more than once because i got shaky hands in fear of missing some action).
my advice is just based on my experiences when i took part in this game and on what i think i should have sticked with then...
everybody has to figure out on their own what style of trading suits them most.

besides that i gave up hope to find a pic of a drunken monkey in front of a computer on the web Wink
sr. member
Activity: 434
Merit: 250
This video is over 2 months old.

And why would Kevin O'Leary use such a small exchange?


cavirtex is first class, deposited funds can clear in less then 10 mins. Its the best exchange for canadians


So? If I have many thousands of dollars worth of buying to do, why take such a small exchange?
Not only the slippage would kill you, but so would their 3% fee.
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
edit: It's hard to trust people giving out random TA so this is why if you want to base buys/sells on TA, you ultimately need to do your own TA. Even if I don't agree with some people's TA, many times I see something in the charts that I did not look for myself, and that helps.

You need to follow along for a while too. Many of the people claiming to be getting it right all the time are like the gambler who thinks he's ahead because he made the big score but discounts all the times he didn't do so well.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
This video is over 2 months old.

And why would Kevin O'Leary use such a small exchange?


cavirtex is first class, deposited funds can clear in less then 10 mins. Its the best exchange for canadians
legendary
Activity: 2352
Merit: 1819
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
sr. member
Activity: 434
Merit: 250
This video is over 2 months old.

And why would Kevin O'Leary use such a small exchange?
legendary
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
Those virtex buy orders are hilarious. Like trying to hide some elephants in long grass!  Smiley
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
hero member
Activity: 770
Merit: 501
Newbie trader here. Would like some trading tips. I see consolidation is happening right around $105.00-$106.00 area for the past few hours. Usually does this mean it will break out upward after or will it drop? Thanks in advance.

with the current market situation i wouldn't recommend trading within the narrow price swings.
always consider if your possible gain in profit is worth the risk of buying back in at loss.
that risk depends if you're more oriented towards shortterm or mid to longterm trading.
(i'm longterm so i don't care about 10- 20 $ swings)

I recommend just starting to read the thread for a while and don't hesitate to ask questions.
after some time you are able to filter out the useful posts from the fud.

(ah and somebody's member status isn't always suggesting more trustworthiness in his comments,
the colour of ignore button helps to separate the wheat from the chaff from time to time)
legendary
Activity: 1190
Merit: 1001
Newbie trader here. Would like some trading tips. I see consolidation is happening right around $105.00-$106.00 area for the past few hours. Usually does this mean it will break out upward after or will it drop? Thanks in advance.

Be careful, they will tell you the opposite they think is going to happen to take your money  Grin

LOL. This doesn't apply to me, plus I'm small-time. If I say something that turns out false, then I was just plain wrong, not trying to trick people.

edit: but yeah, I know what you mean. Sometimes I think that too.

I was not speaking about any answer in particular. Just that in general you need to be careful.  Tongue
full member
Activity: 179
Merit: 100
legendary
Activity: 1400
Merit: 1000
I owe my soul to the Bitcoin code...
their no way to know where its going next...

with that said

180$ in 14days  Cool

What the heck happened to bottoming out in Nov.?  I went all out.......  Grin
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Newbie trader here. Would like some trading tips. I see consolidation is happening right around $105.00-$106.00 area for the past few hours. Usually does this mean it will break out upward after or will it drop? Thanks in advance.

Before bitcoin i had never traded anything, didn't know fuck all about TA. I made a few mistakes, sold low and bought back higher... but i learnt my little lessons, and in the end most of my trades were quite good!
I guess my advice would be: you can't win if you don't play.
legendary
Activity: 1834
Merit: 1019
Newbie trader here. Would like some trading tips. I see consolidation is happening right around $105.00-$106.00 area for the past few hours. Usually does this mean it will break out upward after or will it drop? Thanks in advance.

Be careful, they will tell you the opposite they think is going to happen to take your money  Grin

LOL. This doesn't apply to me, plus I'm small-time. If I say something that turns out false, then I was just plain wrong, not trying to trick people.

edit: but yeah, I know what you mean. Sometimes I think that too.
damn, reverse-reverse psych. I like your technique good sir Cheesy
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