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Title: Enjoy the volatility! Post by: femmecoins on November 13, 2014, 07:24:57 PM It's all part of the process.
Make what you can because it will not last. Longterm is where its at. :) Title: Re: Enjoy the volatility! Post by: fewcoins on November 13, 2014, 07:36:53 PM Bitcoin is following the market process to a T
Novice investors who are buying now at the high($400) the same way they kept buying into $480 is what is screwing this market up since they will be the first to sell when we retest 300. Many traders on here are doing it backwards & instead of selling now & taking profits they are actually buying more... smfh... This is what will cause a very sharp and fast correction like we saw today. Everyone is racing each other to sell faster now, this support at 400 can't last as it will lead to a snowball effect. Look at the short interest for crying out loud!! Play it smart guys! Title: Re: Enjoy the volatility! Post by: belmonty on November 13, 2014, 07:42:21 PM Today's bitstamp high is $453.9 not $400. If traders bought at $400 they are still up.
Title: Re: Enjoy the volatility! Post by: notme on November 13, 2014, 07:55:01 PM Bitcoin is following the market process to a T Novice investors who are buying now at the high($400) the same way they kept buying into $480 is what is screwing this market up since they will be the first to sell when we retest 300. Many traders on here are doing it backwards & instead of selling now & taking profits they are actually buying more... smfh... This is what will cause a very sharp and fast correction like we saw today. Everyone is racing each other to sell faster now, this support at 400 can't last as it will lead to a snowball effect. Look at the short interest for crying out loud!! Play it smart guys! How is $400 "the high" when we were at $480 yesterday? Also short interest on bitfinex is still near all time highs, while long interest is still well below historical peaks. Should I be looking at a different exchange's short interest? Title: Re: Enjoy the volatility! Post by: fewcoins on November 13, 2014, 08:43:56 PM Bitcoin is following the market process to a T Novice investors who are buying now at the high($400) the same way they kept buying into $480 is what is screwing this market up since they will be the first to sell when we retest 300. Many traders on here are doing it backwards & instead of selling now & taking profits they are actually buying more... smfh... This is what will cause a very sharp and fast correction like we saw today. Everyone is racing each other to sell faster now, this support at 400 can't last as it will lead to a snowball effect. Look at the short interest for crying out loud!! Play it smart guys! How is $400 "the high" when we were at $480 yesterday? Also short interest on bitfinex is still near all time highs, while long interest is still well below historical peaks. Should I be looking at a different exchange's short interest? I am reffering to 480 sir. This is when my shorts went in full margin! More funds on the way too & Historical peaks of course... but think about the short term! We hit 70%~ short interest before. These people can still add to their positions and crushhhhhh Title: Re: Enjoy the volatility! Post by: notme on November 13, 2014, 08:49:25 PM Bitcoin is following the market process to a T Novice investors who are buying now at the high($400) the same way they kept buying into $480 is what is screwing this market up since they will be the first to sell when we retest 300. Many traders on here are doing it backwards & instead of selling now & taking profits they are actually buying more... smfh... This is what will cause a very sharp and fast correction like we saw today. Everyone is racing each other to sell faster now, this support at 400 can't last as it will lead to a snowball effect. Look at the short interest for crying out loud!! Play it smart guys! How is $400 "the high" when we were at $480 yesterday? Also short interest on bitfinex is still near all time highs, while long interest is still well below historical peaks. Should I be looking at a different exchange's short interest? I am reffering to 480 sir. This is when my shorts went in full margin! More funds on the way too & Historical peaks of course... but think about the short term! We hit 70%~ short interest before. These people can still add to their positions and crushhhhhh I'm confused... Novice investors who are buying now at the high($400) Good luck with your shorts. Title: Re: Enjoy the volatility! Post by: kwukduck on November 13, 2014, 08:54:50 PM A looooot of shorts were busted in the past 3 days. Good luck with that.
Title: Re: Enjoy the volatility! Post by: Addition on November 13, 2014, 08:59:11 PM Bitcoin is following the market process to a T Novice investors who are buying now at the high($400) the same way they kept buying into $480 is what is screwing this market up since they will be the first to sell when we retest 300. Many traders on here are doing it backwards & instead of selling now & taking profits they are actually buying more... smfh... This is what will cause a very sharp and fast correction like we saw today. Everyone is racing each other to sell faster now, this support at 400 can't last as it will lead to a snowball effect. Look at the short interest for crying out loud!! Play it smart guys! How is $400 "the high" when we were at $480 yesterday? Also short interest on bitfinex is still near all time highs, while long interest is still well below historical peaks. Should I be looking at a different exchange's short interest? I am reffering to 480 sir. This is when my shorts went in full margin! More funds on the way too & Historical peaks of course... but think about the short term! We hit 70%~ short interest before. These people can still add to their positions and crushhhhhh Where you getting $480 from? We only reached $453.92 and we're @ $410 now right? Title: Re: Enjoy the volatility! Post by: notme on November 13, 2014, 09:03:52 PM Bitcoin is following the market process to a T Novice investors who are buying now at the high($400) the same way they kept buying into $480 is what is screwing this market up since they will be the first to sell when we retest 300. Many traders on here are doing it backwards & instead of selling now & taking profits they are actually buying more... smfh... This is what will cause a very sharp and fast correction like we saw today. Everyone is racing each other to sell faster now, this support at 400 can't last as it will lead to a snowball effect. Look at the short interest for crying out loud!! Play it smart guys! How is $400 "the high" when we were at $480 yesterday? Also short interest on bitfinex is still near all time highs, while long interest is still well below historical peaks. Should I be looking at a different exchange's short interest? I am reffering to 480 sir. This is when my shorts went in full margin! More funds on the way too & Historical peaks of course... but think about the short term! We hit 70%~ short interest before. These people can still add to their positions and crushhhhhh Where you getting $480 from? We only reached $453.92 and we're @ $410 now right? 2977 Chinese Yuan equals 486.06 US Dollar But I have no idea how he shorted on bitfinex at $480 since it peaked at $475. Title: Re: Enjoy the volatility! Post by: fewcoins on November 13, 2014, 09:48:12 PM I rounded to 480 guys why so specific?? My average is still under 450 but Im not worried I know the price is coming back to the mean... I am looking to buy again sub 300 just like all the other smart traders I talk too.
Title: Re: Enjoy the volatility! Post by: notme on November 13, 2014, 09:53:29 PM I rounded to 480 guys why so specific?? My average is still under 450 but Im not worried I know the price is coming back to the mean... I am looking to buy again sub 300 just like all the other smart traders I talk too. Well if everybody's doing it.... Title: Re: Enjoy the volatility! Post by: fabrizio123 on November 13, 2014, 09:55:35 PM I rounded to 480 guys why so specific?? My average is still under 450 but Im not worried I know the price is coming back to the mean... I am looking to buy again sub 300 just like all the other smart traders I talk too. It means that you are smart?Title: Re: Enjoy the volatility! Post by: fewcoins on November 13, 2014, 10:08:51 PM I rounded to 480 guys why so specific?? My average is still under 450 but Im not worried I know the price is coming back to the mean... I am looking to buy again sub 300 just like all the other smart traders I talk too. Well if everybody's doing it.... Everyone is buying atm sir... Very few smart money traders here... bunch of "dumb money" floating around here! That's why buyers here re going to get burned bad!! glta Title: Re: Enjoy the volatility! Post by: notme on November 13, 2014, 10:21:13 PM I rounded to 480 guys why so specific?? My average is still under 450 but Im not worried I know the price is coming back to the mean... I am looking to buy again sub 300 just like all the other smart traders I talk too. Well if everybody's doing it.... Everyone is buying atm sir... Very few smart money traders here... bunch of "dumb money" floating around here! That's why buyers here re going to get burned bad!! glta Oh, silly me.... I thought I saw red candles as well as green. I must be developing color blindness. Hint: only a sith deals in absolutes Also, I'm not sure what the Gay and Lesbian Tennis Alliance has to do with anything. Title: Re: Enjoy the volatility! Post by: Aterna on November 13, 2014, 10:22:21 PM I rounded to 480 guys why so specific?? My average is still under 450 but Im not worried I know the price is coming back to the mean... I am looking to buy again sub 300 just like all the other smart traders I talk too. Well if everybody's doing it.... Everyone is buying atm sir... Very few smart money traders here... bunch of "dumb money" floating around here! That's why buyers here re going to get burned bad!! glta Hint: only a sith deals in absolutes Absolutely. Title: Re: Enjoy the volatility! Post by: fewcoins on November 13, 2014, 10:32:28 PM point blank...
Is this the best time to buy more coins to take profits before a downturn??? Honestly! ::) Title: Re: Enjoy the volatility! Post by: Aterna on December 01, 2014, 06:21:33 PM I think bitcoin will always be volatile. I can't see it stabilizing any time soon.
Title: Re: Enjoy the volatility! Post by: cheekychap on December 01, 2014, 06:24:35 PM I think bitcoin will always be volatile. I can't see it stabilizing any time soon. The only time it will stabilize is when a lot of people start using itand it is exchanged more often. This way, it will probably be stable at one value. Title: Re: Enjoy the volatility! Post by: Daanie on December 01, 2014, 06:26:24 PM I'm already used to the volatility, bring me news! It may be a good thing for strong hands though.
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