Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 11/05/2022, 03:43:17 UTC
⭐ Merited by moneystery (1)



From weak to strong....

I was going to send you an smerit.. but something was not right about that meme...

Now, I want to kill myself... or at least, take up alcoholism as a hobby.

(Someone, please quote me.)



Before anyone asks...

The liquidator would have dumped much, much more than I shaved off at the bottom.

So, yes, I was lucky to sell at the bottom.

I hope that was the bottom.


Edited to add an img tag.  Duh.  Today is a very bad day for me.  Thanks to Hueristic for adding the image tag in his quote, which others did not.

I am having trouble understanding how you are in a better position for having had sold at the bottom  (you are saying that you closed your margin short, just before you got force liquidated?)..  Fucking around with margin is usually not a good idea, unless you are just hedging other portions of your portfolio.. .. so maybe if you hold $100k BTC.. Maybe you would hedge $5k of it or maybe $10k at most?  I suppose there are formulas in order that you can simultaneously play both price directions.



Am I in denial??

Looks like a pink bear.

Oh my!!!   Shocked

A pink bull would be better?  But in nature, usually we do not think about bulltraps, but we do think about bear traps...

Oh wait?

Nice bullish rebound on the 12h.



Can you stop jinxing us, already?

Go back to posting your nattering nabobs of negativism.


Thanks.