Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Somebody tried to short market (BTCCHINA) and failed lol.
If you sold before the dump, then that is good, because you can buy back at a lower price, but if you sold during the process of the dumping (or near the low price point hoping for a lower low), then you may need to take a loss and buy back before the price get's too far above your sell point. On the other hand, you could take a chance and wait it out, which may or may not pay out (despite being a bit stressful to wait out and hope for another dump, which is not out of the question at this point).
I am lucky noob
You bought back, or not yet?
I usually like to stagger my bets rather than to attempt to play too many BTC all at once.. and accordingly, if I were to sell 4BTC all at once, that better fucking mean that I have at least 200 BTC in my portfolio or otherwise I am pretty confident that we are going to experience at least a 10% correction, and I would be buying back every 2% or so, once the correction stabilizes.
I also think that it is safer to sell on the way up and buy on the way down rather than selling on the way down (even though once in a while you could get lucky to attempt to time such).
No, this is all I have. Yes, noobish, I shouldn't trade with all my money but hey... let me tell you something
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I follow China charts, because EU charts are lagging around 5 second after chinas. (Euro has the smallest volume of BTC, CNY the biggest).
I have my doubts about whether I should take you seriously.
First: you gave a bit of information about what you had supposedly done, but you are not really responding regarding your strategy to buy back or if you did buy back.
Second: seems quite fantastical that anyone who claims that they don't know what they are doing would sell the whole stash after we have been experiencing several unsuccessful attempts to push the price down.. so there seems to be a bit more upwards price pressures rather than downward pressures, at the moment.
Third: asserting that chinese exchanges are leading tends to be a FUCD spreading disinformation campaign.. Yeah, people say it .. but really nonsense.
Please, do not take me seriously, I am just a noob and.. still learning. I did buy back all 4 BTC @ around 580.
My strategy? Holding but trying to win shorts.. I do lose sometimes (it costs me some trading fee that is all), but when I do win short, I gain everything back + profit.
Not best strategy I know.
dammn nigga i just sold before panic selling. Any explanation why this bug?
If you sold before the dump, then that is good, because you can buy back at a lower price, but if you sold during the process of the dumping (or near the low price point hoping for a lower low), then you may need to take a loss and buy back before the price get's too far above your sell point. On the other hand, you could take a chance and wait it out, which may or may not pay out (despite being a bit stressful to wait out and hope for another dump, which is not out of the question at this point).
I am lucky noob
You bought back, or not yet?
I usually like to stagger my bets rather than to attempt to play too many BTC all at once.. and accordingly, if I were to sell 4BTC all at once, that better fucking mean that I have at least 200 BTC in my portfolio or otherwise I am pretty confident that we are going to experience at least a 10% correction, and I would be buying back every 2% or so, once the correction stabilizes.
I also think that it is safer to sell on the way up and buy on the way down rather than selling on the way down (even though once in a while you could get lucky to attempt to time such).
No, this is all I have. Yes, noobish, I shouldn't trade with all my money but hey... let me tell you something
.I follow China charts, because EU charts are lagging around 5 second after chinas. (Euro has the smallest volume of BTC, CNY the biggest).
I have my doubts about whether I should take you seriously.
First: you gave a bit of information about what you had supposedly done, but you are not really responding regarding your strategy to buy back or if you did buy back.
Second: seems quite fantastical that anyone who claims that they don't know what they are doing would sell the whole stash after we have been experiencing several unsuccessful attempts to push the price down.. so there seems to be a bit more upwards price pressures rather than downward pressures, at the moment.
Third: asserting that chinese exchanges are leading tends to be a FUCD spreading disinformation campaign.. Yeah, people say it .. but really nonsense.
Please, do not take me seriously, I am just a noob and.. still learning. I did buy back all 4 BTC @ around 580.
My strategy? Holding but trying to win shorts.. I do lose sometimes (it costs me some trading fee that is all), but when I do win short, I gain everything back + profit.
Not best strategy I know.