Post
Topic
Board Speculation
Re: Well guys. The rally is over.
by
ineededausername
on 13/01/2012, 21:55:19 UTC
someone is shorting from 7 again!  Cheesy

I'm not shorting. My position is long with 1500 bitcoins leverage 10:1. I have another 3000 bitcoins to buy if it drops down more. I'll just keep adding my long position until I cash out with a fat profit.

That's called a martingale.  Watch out, you'll get hurt... that is, if it goes down at all. And it will, but not to $2-3.  Probably not even to $5.