Ahhhh I still win if we bounce off $3,122?

I bet their market integrity / compliance team are shutting them down due to lack of volume.

I don’t recall saying something like this in March 2018 but you may be right and I can’t be bothered going and looking so let’s just assume you are right

It doesn’t make any difference to me if the price goes as low as $3,122.  We have already been there once.  It is far more important to me to spend all my remaining fiat profits under $4k. All I care is that it starts with a $3,xxx.  A rule in trading is never hyper optimize - don’t chase the first 10% of profit in your entry and don’t chase the last 10% of profit on exit.  You will never exactly buy the bottom and never exactly sell the top.  If you try to do that (and I have tried trust me) you will just get chopped up with stops.  Sometimes you will make the perfect trade but that doesn’t make up for all the losses you take getting stopped out. 

It is far more relaxing to take a long term view and say “here is close enough, I will get on here”.   We are currently 80% down from ATH so this is close enough for an entry. 

Yes there is a chance I am wrong and have gone too early. Maybe years too early according to the “cycle lengthening gurus”.  I don’t believe their analysis but if they are right and I have badly misjudged then maybe as you suggest I will just walk away for awhile. I got caught at $700 in 2014 and walked away for two years. I know how to hold and can do it again.

On the other hand if I am right then I have been buying the bottom for the past month and that is a good thing.

Hewp I’m being threatened with a green dildo

To be honest, shorting was not very profitable for me.  I made profits but they were not as much as I expected and it took a lot of mental effort and planning.  On balance I think shorting on Bitmex was a waste of time because you are holding Bitcoin the whole time and the value of your stash is going down just as much as you are gaining in BTC (unless you run high leverage and that’s too dangerous).

I sold half my stack at an average of $11,500 and held cash and rebought at an average of something like $5,000 and that gave me pretty much all my BTC profits.    

I don’t think I will short again on Bitmex, it was fun but not worth it financially for all the risk you take. 

I might consider taking a leveraged long in 2021.  But frankly at this stage I am done with trading for the time being.*.  There is no chance of me selling and any further buys will require new money rather than recycled money, so would only dribble in at best.  


*I reserve the right to change my mind at a later date.

I capitulated today.  Am now 100% cold hodl storage Bitcoin for my crypto portfolio.   No fiat reserves left at all and no open trading positions.  Am completely committed to the bandwagon.  

I have also increased my Bitcoin stack by 58% since 1 December 2017 so good outcome there.

Time will tell if I have moved too early but I believe the risk of any meaningful downside is now gone. 

Fellow goyim please do not quote the troll

I agree.  Except everyone is looking at the same charts as you and front running the fractal, so the dips are being absorbed.

That’s how I shattered my front diff which cooked the gearbox as well.  

(Lifting the front wheels off the ground on launch in an AWD car with a massive shock load through the drivetrain when it unloaded....). Didn’t go anywhere after that.

I can appreciate a good V8 rear wheel drive after that.  You won’t catch me point to point tho. 

I think someone else here will set me straight 

Understood.  I have friends who feel the same way

Wow.  Never seen this before.  Holy crap.  

Edit:  I don't quite understand how this works.  25 coins @ $1,266 = $31,650.  So if you take that value of $31,650 and divide by 12.5 coins, you get a price of $2,532 which we have obviously not achieved.  How am I reading this chart wrong?

Prior ATL is around 0.0053.  And the chart is not pretty at the moment.  I predict we will go under the ATL quite easily.  

Should we be worried?

Good perspective.  If you don’t need medical insurance then DNA testing makes a lot more sense.

That's different.  

The colonoscopy will determine whether or not you have an existing condition in your bowel now.  

It will tell you little or nothing about your propensity to get a condition in 10 years time.  

The dangerous information is what you might get in the future, not what you do have now.  It is dangerous because it can prevent you from getting coverage for a future condition.  And thinking about it, does Obamacare extend coverage to future conditions?

The information about what you do have now is of course crucially important and should not be delayed.

No legs?  Or has the bear line just switched from resistance line to a support line?

Look I understand your approach.  

My view is that DNA tests are too dangerous and that there are too many factors to control.  Therefore you should never do them.*

Your mileage may differ.  








*I am sure that there are some valid exceptions to the rule, but "let's see what we can find" or "am I related to Genghis Khan" is not one of them for me.  

Ok, but then you are trapped in a single insurance product and cannot change the product, and may or may not be able to change deductible limits.  Also I don't know whether that then impacts the ability of your children to get insurance coverage for inheritable conditions.  


As far as the USA goes (and no denial for pre-existing conditions) does that just apply to a base level health insurance or does the 'no denial' rule also apply to super duper high end health insurance packages?  


There is talk about automatic enforcement of speed limits (eg the car will not go faster than the speed limit).  That would kill government revenue from speeding tickets so never going to happen.