Quote from: marginal on August 22, 2018, 12:06:00 PM

In my opinion short term trade is the only option right now when the market is in so drastically bad condition. Long-term the case when the market will go up but not for now.

Are you sure you're not mixing things up? In most cases people refrain from trading during hostile short term market conditions, from where they solely focus on the longer term since that's the only thing they actually have.

I have seen how even the more senior traders here have taken a safe distance from trading because it's starting to look like gambling rather than trading, especially when you take the manipulation in consideration.

BitMEX has been a real obstacle for this market with how easy whales can benefit from even the smallest movements due to high leverage counts. We're basically watching them play with the market at our cost.