Topic: We need to pass $547 to see a REAL jump! (Read 10625 times)

Yea Im talking over the last 6 months but sure it could be alot worse.  Yesterday was good, literally a middle finger to the doubters :p Maybe its enough, Im certainly not short

Volume is like 8x higher than when we stabilized at 444

OK
Passing $700 before June 7th.
$800 before June 20th...
$900 before the end of June.   

Want proof that BTC is booming?
http://coinmap.org

Im still not convinced especially.    A good counter now would be to fall back but fail to fall properly.   Then it could confirm the rise, if it just goes up and there isnt any mass of volume then it seems suspect to me.  
Also it makes sense to follow the dollar index, as in real forex so that you can track some value of the rise.  Recently DXY has been recovering its years losses some, this puts some pressure on everything sold in dollar

If we're talking bullish targets then 657 would be in line with a fib retracement of the peak to trough
518 to hold these gains

Passing 600 in the next 48 hours

Moon landing imminent?

That fucking pump to 590

True, without the excess FUD and other types of "manipulation" the market could have rested for a longer time.
It is a myth that Bitcoin needs "stability", because the old fiat system is way to shaky and in the future a flat BTC/USD exchange rate will be nearly impossible for very long.
...Happy dance.

too be fair we have seen a lot of bullshit ,scams,cons and psychological unbalanced people on this forum would be an understatement ...lolz

Look. I don't have anything against you. Its just that the few trades you have mentioned, have been duds. And then you start telling us about all the people that have sent you fan mail. It just seems suspicious to me.

Id love you to post your actual trades. I will do the same if you like. We can compare strategies for real, maybe learn something from each other. But you have been trading for 18 years you say and you trade with 200 btc blocks. I know, because I trade with 500-1500 blocks, that it is hard to get into and out of trades on Finex. It either takes forever or you have to pick your prices going in and coming out and let the market move over them.

So, if you are trading 200 btc blocks, your strategy of high frequency trading seems suspect.

But, by all means, lay it out for us in more detail so we can understand.

Personally, I'm on this forum to LEARN. But when I smell bullsh*t I normally call it out, if anything to get clarification or to warn others.

Do you have an Android version for your app?

Agreed ...btc can do 15% per day without breaking a sweat ...I like the 20-40$ per day stuff as its nice and slow

The specialist are manipulating it for their profit but the side effect is they are moving our market higher

Without them it would be a stagnent pond ...long live market manipulation

That is good advice, and you seem to be having fun which is also important.
"We need to pass $547 to see a REAL jump!"
Bitcoin might be due for some correction, but a "real jump" sounds great....$700, $800, $900?
You said "jump", how high? 

Why are people contacting you? You haven't given good trading advice on here to date and even if you did make a 18% profit on this move, no one else would have following your trades that you wrote about.

Market orders on Finex are done quickly, but they are first come first serve. I always watch the order books on Bitcoinwisdom and Finex at the same time, to make sure that I can see the latest orders. You could always do several smaller limit orders and not risk getting slippage.
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Well aren't you rude..
I guess the internet lets you act that way .. huh?

LOL, 2 people already sent me a message to just IGNORE you. I didnt know I could do that.. but it seems to work!
Anyways, I am moving on..

Have a great evening. 

PS. 42%
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I like your overall message as it is sound

Your message is about reading the market which is good ..the short at 540 would have been a stop out but its one trade & time to move on ..Win some lose some

If any body is following anybodys trading advice verbatim then you are a fool...or send your money to me and i will look after it @   [email protected]

Also sippysharkdude you need to get a thicker skin than that ...this is "THE INTERNET" & crypto is the wild wild west

Think of a circa 1788 bar in kansas where men where men and the sheep where nervous lolz

Where do you get information about long and short swaps on Bitfinex?

(Bitfinex is only prominent platform where leverage is possible, right?)


This comment above was for windjc
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To be fair, I remember replying to a post you made stating you were shorting at $500. I told you this was a bad idea and advised you take the $5 of profit you had at the time. Since then I have seen posts advertising short trade after short trade. If you have actually been making these trades then you have been getting slaughtered. Perhaps now, at $575, is a good time to start building up a short position, but this could go higher yet and I would imagine that the downside potential may not be so fantastic, at least not in the near term.
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Yes, I lost profit on that trade but no capital.
I do not trade by the seat of my pants.. I study the trade before, and know 3-4 support and resistance levels, and various other aspects about the trade.

I have made the MOST money staying with my plan and executing that plan.

Years ago i would take small profits and change my trading intra trade.

That is the worst thing you can do!
You should know what you entry price is, your stop loss price and exit price. Unless fundamentals change I am sticking to my trade.

Please also remember that i open 5-6 trades long and short at time. averaging up or down and closing in profit most times..

Cheers,

Where do you get information about long and short swaps on Bitfinex?

(Bitfinex is only prominent platform where leverage is possible, right?)


To be fair, I remember replying to a post you made stating you were shorting at $500. I told you this was a bad idea and advised you take the $5 of profit you had at the time. Since then I have seen posts advertising short trade after short trade. If you have actually been making these trades then you have been getting slaughtered. Perhaps now, at $575, is a good time to start building up a short position, but this could go higher yet and I would imagine that the downside potential may not be so fantastic, at least not in the near term.

Why are people contacting you? You haven't given good trading advice on here to date and even if you did make a 18% profit on this move, no one else would have following your trades that you wrote about.

Market orders on Finex are done quickly, but they are first come first serve. I always watch the order books on Bitcoinwisdom and Finex at the same time, to make sure that I can see the latest orders. You could always do several smaller limit orders and not risk getting slippage.
[/quote]


Well windjc aren't you rude..
I guess the internet lets you act that way .. huh?

LOL, 2 people already sent me a message to just IGNORE you. I didnt know I could do that.. but it seems to work!
Anyways, I am moving on..

Have a great evening.  

PS. 42%

Why are people contacting you? You haven't given good trading advice on here to date and even if you did make a 18% profit on this move, no one else would have following your trades that you wrote about.

Market orders on Finex are done quickly, but they are first come first serve. I always watch the order books on Bitcoinwisdom and Finex at the same time, to make sure that I can see the latest orders. You could always do several smaller limit orders and not risk getting slippage.

Thanks for the private messages..
Very cool.
Didnt know so many people actually read these forums.

I traded between $446 - $586 usd.

82% were winners and a net profit of 42% overall.

I have done A LOT better and only beat holding from $446 - $586 usd by 18%+/-

It is funny how every month (even after 18 years of trading) I learn something.

I also am disappointing with Bitfinex this week.

4 times during the run up and the mini retracement, market orders were cancelled.. I tried to move the market , close a position,

I do not do many market orders and so when I do I expect fast, efficient execution of my "market order".

If Bitfinex reads this send me a private message so we can talk , I would like to go over a couple things and show you how if you want to be considered for large traders you need to step it up a notch.

Again thank you for the contact again , if you have any questions I can try to help. Send me a private message.

Cheers..