Quote from: Lawrenzoo on April 23, 2019, 01:01:49 PM

I am really not happy seeing this report, i made the greatest mistakes of my life last night, someone i believed in so much that bitcoin will not climb above $5400 before retracing its step back to $4500 and then speeding up to BULL, i was mislead by him and i sold my coin, only for me to wake up this morning and found out that bitcoin had broken the $5500 resistance

Well, you made a mistake. Those kind of errors are very easy to make if you're betting on the price of bitcoin--and I'm not sure why your friend made that prediction, but it sounds like he/she believes in TA based on the way you wrote what was told to you. I think TA is a bunch of hooey nonsense, but in any case all you had to do was look at bitcoin's momentum to realize that it was probably going to break through $5400. The market is very bullish right now and it might stay that way for a while.

Quote from: ausbit on April 24, 2019, 05:26:40 PM

Wow, bitcoin is just full of surprises, I didnt really expect BTC to break the $5500 resistance so soon

More TA speak, but I agree with what you said. It seems like just yesterday that bitcoin was stuck in the $3300-$3600 range and had been there for many months. That's one hell of a gain it's seen, and I'm just hoping it doesn't go up too much too soon, like it did in 2017. If that happens, we're in for another crash and I for one don't want that.

Altcoins seem to be getting pounded, btw. I took a big hit on some PIVX I own, but I'm hoping on a market rebound. We all make trading mistakes.

Edit:

Quote from: Vaculin on April 24, 2019, 07:43:42 AM

How could you listen to someone's opinions if you have seen the market making it to a bullish trend?

Whoops, I didn't even notice you wrote this--that's exactly what I was thinking and what I wrote myself. That's why you can't listen to tips and follow other traders' advice. It's often wrong or they'll try to make a profit off you by giving you intentionally wrong advice. But anyone actually looking at the bitcoin market ought to have been able to see that the trend is upward, and that it's a strong trend (seemingly).