Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
I really want to see one final total panic sell, all the way down to $10,000 in a matter of minutes, all out hysteria, just like the old days.
That would be bracing! I have standing buy orders all the way down to there and further yet.
I've pulled enough fiat out this sucka in the last few weeks to get me through another crypto winter. See ya at the next halving?
'Cause we know it is inevitable that it will hit ATHs again some day. The only question being when.
Well, unless it is killed off by a preference for the other fork, that is.
Your orders are way too close together - especially for someone who is supposedly more experienced and for someone who has built some equity.
Maybe hes actually a bot?
Actually that is a good point. A bot could actually reasonably set orders closer together than any real person would want to tolerate.
I also understand that bots can deal with 1% spreads.
Initially when I started, I started with about 1.5% increments, which would be a 3% spread, and that was very time consuming; however, for a beginner it is good practice.
Currently my increments are between 4.5% and 8%, which are spreads of between 9% and 16%. With so much BTC volatility, I still keep busy with these increased increments/spreads, and if price keeps going up (which seems to be in the cards, I think that my increments/spreads are going to keep increasing, too).