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Topic: What's your next trading move! Mine is... - page 3. (Read 2450 times)

newbie
Activity: 14
Merit: 0
December 27, 2013, 12:32:33 PM
#22
http://bitcoinwisdom.com/

This is where i keep an eye on the market, i think it's very helpful!
newbie
Activity: 3
Merit: 0
December 27, 2013, 12:31:17 PM
#21
Sell between 750 to 800.

Sell between 850 to 900.

Between these prices volatality stay for some time.
newbie
Activity: 14
Merit: 0
December 27, 2013, 12:18:47 PM
#20
Selling between 800 - 850 is a good idea. However, it will span one week.

Better buy and sell often between 750 to 850.

I want it to get above 850, i haven't sold anything during this up rise. Still waiting for it to reach above 850. You think it won't?

Much Love
Soull
newbie
Activity: 28
Merit: 0
December 27, 2013, 12:16:27 PM
#19
Ya thats a very good starting place
sr. member
Activity: 429
Merit: 250
Pythagoras and Plato are my brothers.
December 27, 2013, 12:16:03 PM
#18
I got some cash and some coins, my move thought and opinion is:

I'm waiting for the market to reach somewhere between 800 - 850 USD i will sell my coins at that price. After i will wait for the COLLECTIVE sellers (Because the sellers is controlling the market now, because vol is low) so when the collective sellers sell there btc i will use the cash i made when i sold to buy BTC when it reaches the lowest!

What's your move thought and opinion?

Dont forget trading is zero sum game (negative with fee). You need predict price movements better than average trader. Good luck
full member
Activity: 238
Merit: 100
December 27, 2013, 12:09:48 PM
#17
Selling between 800 - 850 is a good idea. However, it will span one week.

Better buy and sell often between 750 to 850.
newbie
Activity: 14
Merit: 0
December 27, 2013, 12:03:18 PM
#16
I sell tiny fractions at many different points on the way up, and buy tiny fractions at many different points on the way down. As I read elsewhere recently: Biggest noob mistake is putting everything on one (or two) trades.

I also keep a spreadsheet of all my trades, to keep very close eye on my average buy-in price over set periods. So I know at a glance if I'm 14% up, or 82% down.

I use the same strategy on LTC/BTC, LTC/USD, NMC/BTC, NVC/USD, XPM/BTC.


That is a very helpful tip and a very smart one! I also work like that, and I know what you mean by "Biggest noob mistake is putting everything on one (or two) trades." I lost a whole lot when i started JUST like that, all or nothing haha! Now i make sure i have both coins to sell and money to buy coins, so you always have a move to make no matter how the market is moving. And i also keep notes of my trades so i can make sure i always profit!

Veeeeeery helpful! Smiley

Much Love!
Soul
hero member
Activity: 630
Merit: 500
December 27, 2013, 10:34:19 AM
#15
I sell tiny fractions at many different points on the way up, and buy tiny fractions at many different points on the way down. As I read elsewhere recently: Biggest noob mistake is putting everything on one (or two) trades.

I also keep a spreadsheet of all my trades, to keep very close eye on my average buy-in price over set periods. So I know at a glance if I'm 14% up, or 82% down.

I use the same strategy on LTC/BTC, LTC/USD, NMC/BTC, NVC/USD, XPM/BTC.
hero member
Activity: 518
Merit: 500
Hodl!
December 27, 2013, 08:30:04 AM
#14
I plan to run around yelling SELL SELL SELL until all the whales, 1%ers, and investment funds have soaked up all the practically "free" BTC, locking it all up, and it can climb into the 5 figure range where it belongs ;-)
newbie
Activity: 28
Merit: 0
December 27, 2013, 07:47:58 AM
#13
Exactly this thread looks like a tool because to share opinions are very useful.
newbie
Activity: 14
Merit: 0
December 26, 2013, 09:25:07 PM
#12
I'm not trying to exactly time the market, in my perception it is merely traders giving there thoughts and opinions about trading. That way It can help some people decide what to do, and a better chance of trying to predict what will happen next. I find it pleasant to have a thread were other traders can give there thoughts and opinions, that way It's easier for me (and others hopefully) to make the next buying, selling or holding move etc.

And for me there is no wrong moves, if I make a move and It's the right move, hurray! If i make a move and It's the wrong move, It's a lesson to be learned and knowledge to my next move so, hurray!

This thread works as a tool for me, and hopefully it will for others!

Much love to you all! Cheesy
Soull


Back to businesses, my opinion trading to night is:

Like I predicted it reached 820USD faster then i thought. Now It's going down, i have coins and money to buy coins. How low do you think it will drop before it bounces up to over 800USD (If u believe it will) because I'm going to be one of those buying low to help it bounce back up again, now i just need a sense of other opinions so i can make up my own. We are all one, let's help each other get economically independent! Cheesy
hero member
Activity: 994
Merit: 501
December 26, 2013, 08:41:51 PM
#11
Hi! I thought we could come together as a collective, and each individual can post what there thought's and moves are. That way we can together try to predict what will happen with the BTC market!

I got some cash and some coins, my move thought and opinion is:

I'm waiting for the market to reach somewhere between 800 - 850 USD i will sell my coins at that price. After i will wait for the COLLECTIVE sellers (Because the sellers is controlling the market now, because vol is low) so when the collective sellers sell there btc i will use the cash i made when i sold to buy BTC when it reaches the lowest!

What's your move thought and opinion?

Much Love!
Soul!

The problem with this is it's basically market timing, or trying to time the market.  Study after study (via the stock market of course) has proved this nearly impossible over the long run for almost anyone without any inside information or any particular stock or the general market. 

I don't doubt that some people can do this and have done it in the past, just know its super difficult!
newbie
Activity: 14
Merit: 0
December 26, 2013, 07:46:05 PM
#10
Mine will be... holding as usual! It's too difficult to predict market moves with such a low volume.
And the idea of selling at $900ish is a bit dub considering ATH is much higher
Not sure you can time the market that much nowadays unless you are a professional and have the instruments to do so (time, stop loss, etc.)

My predictions aren't "Carved in rocks". I just tell people what i believe and think, so that maybe they can use that to make there own predictions. I'm not a pro, BUT I'm a pro at following my heart and intuition Wink I just try to tap in to the collective consciousness of BTC traders to get a feeling of what moves i should make Smiley

Much Love!
Soul
newbie
Activity: 42
Merit: 0
December 26, 2013, 07:42:13 PM
#9
Mine will be... holding as usual! It's too difficult to predict market moves with such a low volume.
And the idea of selling at $900ish is a bit dub considering ATH is much higher
Not sure you can time the market that much nowadays unless you are a professional and have the instruments to do so (time, stop loss, etc.)
newbie
Activity: 14
Merit: 0
December 26, 2013, 07:39:19 PM
#8
I'm still holding, haven't sold yet! I'm getting optimistic, i think it might get even higher then 860USD during these coming days.

Much Love!
Soul
newbie
Activity: 14
Merit: 0
December 26, 2013, 12:09:54 PM
#7
So far my prediction is going as planned! Cheesy

About 15 - 20% of sellers holding btc have sold, so the majority of sellers is still holding on to the btc and waiting for it to get higher. Like i said, i believe at least 50% of holders will sell at 820 - 860USD.

I wish you ALL, all the luck in trading! Cheesy

But instead of competing let's work together and make each other economically independent!

And stay positive! Even if you lose money trading, turn it in to something POSITIVE! "You maybe lost some money, but what did you learn by losing that money"

If it make's anyone who have lost money feel better i have lost a whole lot but I'm still having fun!

IT'S JUST MONEY PEOPLE! Cheesy Cheesy Cheesy


full member
Activity: 154
Merit: 100
December 26, 2013, 04:52:31 AM
#6
Probably buying too late and selling too soon.........
newbie
Activity: 8
Merit: 0
December 26, 2013, 04:48:12 AM
#5
You make determining the lowest point sound so easy Smiley  I bought too early last time, I'm waiting for it to reach 800 as well.
newbie
Activity: 28
Merit: 0
December 26, 2013, 03:19:32 AM
#4
@Soull To tell the truth the volume is low therefore the sellers knows already your next trading move.
newbie
Activity: 2
Merit: 0
December 25, 2013, 10:15:12 PM
#3
Buy low sell high.
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