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Topic: [XMR] Monero Speculation - page 1052. (Read 3314343 times)

sr. member
Activity: 434
Merit: 250
September 29, 2016, 10:21:23 AM
I agree so far with margin trading. Just make sure you cant get kicked out (liquidated) cause you have insufficient money on your account. Long is for sure a better option than short atm. Considering ~140k coins which are lend makes 280k which have to be rebought soon. Correct me if im wrong, just driving home from beach
legendary
Activity: 2242
Merit: 3523
Flippin' burgers since 1163.
September 29, 2016, 10:15:40 AM
A long position of $50 is probably a good idea, unless you absolutely can not live without that money.

How would the dollar amount be relevant to such decision? But I am happily waiting for Aminorex to come with a plausible answer and be convinced otherwise.
legendary
Activity: 2044
Merit: 1005
September 29, 2016, 10:15:32 AM
0.007 feel free to quote it for future reference

Maybe for a short period to scare off the newbs but 0.006 was holding BEFORE xmr was actually being used.. 0.007 wouldn't make sense
Market will be irrational longer than you can remain solvent

Hah, I like that quote.

I guess I'll join mr. TrueCryptonaire and hodl
Its standard one for who  trade stocks.. atleast those that know what they are doing... always expect the unexpected... or just close your trading platform and come back in 5 yrs
legendary
Activity: 1330
Merit: 1000
dafar consulting
September 29, 2016, 10:07:24 AM
0.007 feel free to quote it for future reference

Maybe for a short period to scare off the newbs but 0.006 was holding BEFORE xmr was actually being used.. 0.007 wouldn't make sense
Market will be irrational longer than you can remain solvent

Hah, I like that quote.

I guess I'll join mr. TrueCryptonaire and hodl
legendary
Activity: 2044
Merit: 1005
September 29, 2016, 10:05:18 AM
0.007 feel free to quote it for future reference

Maybe for a short period to scare off the newbs but 0.006 was holding BEFORE xmr was actually being used.. 0.007 wouldn't make sense
Market will be irrational longer than you can remain solvent
sr. member
Activity: 434
Merit: 250
September 29, 2016, 10:03:56 AM
A long position of $50 is probably a good idea, unless you absolutely can not live without that money.
I really doubt the people saying that the price will drop to 0.007
Obviously I could be wrong, but this seems like the same kind of talk where people claim Bitcoin will drop to $250 by the start of next year.
Too many places have started to accept Monero for it to totally crash. (Hopefully)

I'll be watching the buy and sell orders the next couple of hours and we will see what happens I guess!
member
Activity: 84
Merit: 10
September 29, 2016, 09:45:21 AM
Question to traders in the area.  Considering what is going on right now with XMR, I'm debating on opening a long position.  The thing that I would like an opinion on is, would you currently open a long position for about 3 or 4 months until RingCT is implemented?  Considering when I personally margin trade, I put up very little.  This is due to me being only 1 month into trading world and what I'm learning via Baby Pips. 

If you want to shit on my question cool.  But I'm just legitimately curious about opinions. 

So, open long position on margin for ~50$ worth of XMR and let it sit until or around RingCT implementation?

Thank you.

heres my advice to you: don't mess with margin, buy, hold or sell.

I like this advice.  I've only been thinking about it but I am still relatively uncertain of consequences and other things involved with margin.  Thank you for taking the time to reply. Smiley

A friend of mine went long on GBP/EUR just before it dropped heavily and he lost thousands. Think very carefully if you are margin trading - and make sure you get out early and setup stop losses.

This is my all time fear.  No matter how much I learn there's always that chance.  Sorry about your friend.  That event must have been gut wrenching.
legendary
Activity: 1484
Merit: 1029
September 29, 2016, 09:41:53 AM
Question to traders in the area.  Considering what is going on right now with XMR, I'm debating on opening a long position.  The thing that I would like an opinion on is, would you currently open a long position for about 3 or 4 months until RingCT is implemented?  Considering when I personally margin trade, I put up very little.  This is due to me being only 1 month into trading world and what I'm learning via Baby Pips. 

If you want to shit on my question cool.  But I'm just legitimately curious about opinions. 

So, open long position on margin for ~50$ worth of XMR and let it sit until or around RingCT implementation?

Thank you.

heres my advice to you: don't mess with margin, buy, hold or sell.

I like this advice.  I've only been thinking about it but I am still relatively uncertain of consequences and other things involved with margin.  Thank you for taking the time to reply. Smiley

A friend of mine went long on GBP/EUR just before it dropped heavily and he lost thousands. Think very carefully if you are margin trading - and make sure you get out early and setup stop losses.
legendary
Activity: 1330
Merit: 1000
dafar consulting
September 29, 2016, 09:41:10 AM
0.007 feel free to quote it for future reference

Maybe for a short period to scare off the newbs but 0.006 was holding BEFORE xmr was actually being used.. 0.007 wouldn't make sense
legendary
Activity: 2044
Merit: 1005
September 29, 2016, 09:37:52 AM
0.007 feel free to quote it for future reference
member
Activity: 84
Merit: 10
September 29, 2016, 09:36:23 AM
Question to traders in the area.  Considering what is going on right now with XMR, I'm debating on opening a long position.  The thing that I would like an opinion on is, would you currently open a long position for about 3 or 4 months until RingCT is implemented?  Considering when I personally margin trade, I put up very little.  This is due to me being only 1 month into trading world and what I'm learning via Baby Pips. 

If you want to shit on my question cool.  But I'm just legitimately curious about opinions. 

So, open long position on margin for ~50$ worth of XMR and let it sit until or around RingCT implementation?

Thank you.


3-4 months? Hell no, the price can correct all the way back to 0.01-0.012 which I think it will and you will get margin called. But if you're only risking $50 then maybe


RingCT is not a guarantee price boost either. Markets move on anticipation of news, not when the news actually happens

Markets move on anticipation of news, not when the news actually happens.  I like the way this is said.  This is something I'm still having a bit of a problem with reading. I read into my news and see what people are saying. But being able to put that to work is something I still need to work on.  Thanks for the advice and reply.
legendary
Activity: 1330
Merit: 1000
dafar consulting
September 29, 2016, 09:34:20 AM
Question to traders in the area.  Considering what is going on right now with XMR, I'm debating on opening a long position.  The thing that I would like an opinion on is, would you currently open a long position for about 3 or 4 months until RingCT is implemented?  Considering when I personally margin trade, I put up very little.  This is due to me being only 1 month into trading world and what I'm learning via Baby Pips. 

If you want to shit on my question cool.  But I'm just legitimately curious about opinions. 

So, open long position on margin for ~50$ worth of XMR and let it sit until or around RingCT implementation?

Thank you.


3-4 months? Hell no, the price can correct all the way back to 0.01-0.012 which I think it will and you will get margin called. But if you're only risking $50 then maybe


RingCT is not a guarantee price boost either. Markets move on anticipation of news, not when the news actually happens
member
Activity: 84
Merit: 10
September 29, 2016, 09:32:59 AM
Question to traders in the area.  Considering what is going on right now with XMR, I'm debating on opening a long position.  The thing that I would like an opinion on is, would you currently open a long position for about 3 or 4 months until RingCT is implemented?  Considering when I personally margin trade, I put up very little.  This is due to me being only 1 month into trading world and what I'm learning via Baby Pips. 

If you want to shit on my question cool.  But I'm just legitimately curious about opinions. 

So, open long position on margin for ~50$ worth of XMR and let it sit until or around RingCT implementation?

Thank you.

heres my advice to you: don't mess with margin, buy, hold or sell.

I like this advice.  I've only been thinking about it but I am still relatively uncertain of consequences and other things involved with margin.  Thank you for taking the time to reply. Smiley
member
Activity: 98
Merit: 10
http://github.com/root8/fsigDecredGUI
September 29, 2016, 09:32:04 AM
I see the price falling, have the same feeling, better to wait a bit.

lets keep that in mind and see what the next days is happening Smiley

Looks like a good guess Wink
member
Activity: 84
Merit: 10
September 29, 2016, 09:23:54 AM
Question to traders in the area.  Considering what is going on right now with XMR, I'm debating on opening a long position.  The thing that I would like an opinion on is, would you currently open a long position for about 3 or 4 months until RingCT is implemented?  Considering when I personally margin trade, I put up very little.  This is due to me being only 1 month into trading world and what I'm learning via Baby Pips. 

If you want to shit on my question cool.  But I'm just legitimately curious about opinions. 

So, open long position on margin for ~50$ worth of XMR and let it sit until or around RingCT implementation?

Thank you.
legendary
Activity: 1092
Merit: 1000
September 29, 2016, 08:55:50 AM
Opening a short position in Monero is now extremely cheap. Interest rates have been fallen to almost 0. I feel like there is a central authority who wants to release some QE packages to make Monero economy even more lively.  Grin

Historically this has been an indication of bottomish period and one of the best periods to buy.

Hope you didn't listen to your own advice. Because now seems to be a much better time to buy.... and then tomorrow might be an even better time to buy... and then next week... and so on until later next year if/when there's another pump.


I'm holding on to some XMR but when BTC rallys it's going to get ugly

I am holding my bags tight. When the price goes down it is better to buy than when it goes up.
I am not personally selling any XMR if btc will rally (I have already plenty of bitcoins which I can sell if I feel so).
legendary
Activity: 1330
Merit: 1000
dafar consulting
September 29, 2016, 08:34:35 AM
Opening a short position in Monero is now extremely cheap. Interest rates have been fallen to almost 0. I feel like there is a central authority who wants to release some QE packages to make Monero economy even more lively.  Grin

Historically this has been an indication of bottomish period and one of the best periods to buy.

Hope you didn't listen to your own advice. Because now seems to be a much better time to buy.... and then tomorrow might be an even better time to buy... and then next week... and so on until later next year if/when there's another pump.


I'm holding on to some XMR but when BTC rallys it's going to get ugly
hero member
Activity: 608
Merit: 509
September 29, 2016, 08:30:28 AM

Is anyone else getting bored with this endless channel trading?  Its almost as dull as BTC.


AAAAAAA, careful!  Every time someone complains about volatility being "flat"... it seems like that causes a big price crash, LOL  Grin


Called it... LOL  Grin

P.S. {Edit} I agree that a big rebound coming though... cheap coinz! Yay...
sr. member
Activity: 434
Merit: 250
September 29, 2016, 08:20:07 AM
LOAN OFFERSTotal: 369280.53237829 XMR (20th Sept.)
LOAN OFFERSTotal: 223761.34308675 XMR
LOAN OFFERSTotal: 222786.67687037 XMR (29 Sept)
LOAN OFFERSTotal: 169581.52910471 XMR (today)

There will be a big rebound soon
sr. member
Activity: 434
Merit: 250
September 29, 2016, 08:16:49 AM
Hmm maybe the predictions to a drop of 0.012 are right.
Kind of scary, but I'm in it for the long run, so I'm definitely holding my coins.
If it actually gets that low I might have to find a way to free up some money and buy some more Monero, because that price seems WAY too low IMO.
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