Post
Topic
Board Exchanges
Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading
by
deisik
on 08/11/2017, 09:35:20 UTC
Your logic doesn't hold

It simply doesn't make sense to keep your money in your account without action, but you should know that as good as I do. If you expect the price to go down, you should short now instead of waiting or at least already have orders in place.

I don't expect the price to go down but I'll be ready to short it if it tells me it wants to go down. After watching the order flow just after 01:00 GMT today I'm now looking for a pullback to get long as I no longer hold out hope of getting any in the 6,000-6,500 range I was watching. You see it the other way and that's fine with me, I'm not here to persuade you to change your view, I'm just saying how I see it

In fact, I don't see it the other way

I'm just making sure that I won't be caught unprepared if shit massively hits the fan. If there were no B2X tokens coming about (but the tension would be the same for some other reasons), I would likely cash out mostly. I know that I often turn out to be overly pessimistic, and it costs me some profits lost (mind you, these are not the same as real losses), but, on the other hand, I'm pretty safe and secure if the price should crash really hard. Ultimately, it all comes down to your risk tolerance, mine seems to be low while yours is certainly higher