Bitcoin Forum

Economy => Trading Discussion => Topic started by: traderperspective on December 16, 2017, 05:21:33 PM



Title: Trading or holding before CME?
Post by: traderperspective on December 16, 2017, 05:21:33 PM
Are you trading or holding BTC before CME? Personally, I am holding as I think it will bring more volume and higher prices.


Title: Re: Trading or holding before CME?
Post by: dominikas18 on December 16, 2017, 05:42:55 PM
Are you trading or holding BTC before CME? Personally, I am holding as I think it will bring more volume and higher prices.
Holding before and selling 5 minutes after the launch.
There is obviously an example of CBOE futures launch on 10 December, when Bitcoin made one of the largest growth in % in 5 minutes time, I think the same will happen upon CME launch. I have a quick video proving my point, would be glad to hear your feedback:
https://www.youtube.com/watch?v=JsR9N-TDBWM


Title: Re: Trading or holding before CME?
Post by: DaMut on December 16, 2017, 05:50:33 PM
it would be better for you to make sure what thing that you can do.
what i mean is right now Bitcoin price is very unpredictable and we should understand that many people expecting a correction.
usually people will pump something if they heard about another development,improvement and news.
but when that news or something like that comes the price will be reduced a lot or to be exact the price will only slightly higher compared to its average price.
logically,people will think this way ;
what is another reason to make another movement ? at this moment we're reaching the date for the listing,
but what else afterward ? nothing will happen.
because of that the price should be decline a little bit from its peak.
if you can hold it for a bit longer even if the price is correcting,i think it should be fine.
but if you can not hold it for a while,i think you should make a wise decision.