Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Poor bears. Pockets full of fiat, feeling sad and lonely because the choo choo train is leaving them behind 
Just joking. Huge resistance at $650 on Stamp, BTC1,500 mini-wall (not so mini these days at the current exchange rate) not getting chewed.
For those who took profits in the $670-$700 range (Stamp) these were great moments. I personally managed to sell 10% of my stash at $675, re-bought at $420 and just sold again a few hours ago around $630. Let me add that it was mostly sheer luck, my intention was to just take profits and not to daytrade, but you cannot say no to such an opportunity
Gotta love bitcoin....
Just joking. Huge resistance at $650 on Stamp, BTC1,500 mini-wall (not so mini these days at the current exchange rate) not getting chewed.
For those who took profits in the $670-$700 range (Stamp) these were great moments. I personally managed to sell 10% of my stash at $675, re-bought at $420 and just sold again a few hours ago around $630. Let me add that it was mostly sheer luck, my intention was to just take profits and not to daytrade, but you cannot say no to such an opportunity
Gotta love bitcoin....
So what happened to bitcoin must crash to 50-40 in order to fly to the sky?
It crashed to $50 on April 10th, tough
Let me add that:
- being a bear is very satisfying*. If you are right, you are right; if you are wrong, you are rich
- I only daytrade during bear markets. I don't see how I can increase my BTC in a bull market, and increasing my BTC is the only purpose of daytrading for me.
*I assume that bear or bull, nobody sane is 100% fiat, ever. The chances of the choo choo train leaving you behind are too high. This is why even the super-bears as Blitz do not short BTC
Is it shorting only when you are all out of coins, but when you sell 50% of your coins it isn't? I'm just curious because people use this word differently.