I'm great at day tarding during crashes and corrections when the heat is on - some days i make multiple 100 percent profits.  It's trying to swing tard during these slow periods that I have trouble with.

I need to learn just to hodl all my winnings after the crash and save myself days weeks of headaches and slow losses until there is clearly an issue with the price trend. But for some reason there's always some fear factor (like China) that prevents me from doing this.

ya..

I also missed buying at 380.

Every time I neglect some technical and miss out on a great trading opportunity it's because something happened with China and I get all goo goo gaa gaa euphoria or fear about CHINA and disregard the charts.

It's been a rough day hodling. I spent all those other days not hodling through half the rises and finally now that I hodl it does this.

I tried buying 706 on bitfinex but missed. I think I'll just stick with my 75% position now.

And about their government and the shady voucher thing.

I'm bullish about the price action with china back in but bearish about the whole china situation to begin with.

I retook a 75% position at various points in the 600s. Not sure how much longer I'm gonna hodl.

This is like that game musical chairs.

Everyone trust your money to Houbi's "fire currency platform"

I've always suspected that bitcoiners discover time travel which is why the charts are so odd.

With China in play, you guys are looking at the wrong chart.

Every time someone brags about the fiat amount they're up, they look ridiculous. There is always someone who has done better. Especially on this forum you're talking with a bunch of permabulls and early adopters..

China says... "wut is a forex? Fuck TA. Im going to draw a dragon on the chart today"

They call them "western exchanges" too...

More merchant adoption = more exposure, more legitimacy, more people in the game, using, investing in, and having a reason to hodl coins , not necessarily the merchants themselves.

Between the bots on mtgox, the 0% fee exchanges, and the crazy leveraged trading on botfinex, anything is possible if enough people believe in it.

I myself don't take Chinese volume seriously but I do take peoples reaction to it seriously. I think this market right now is being driven 95% by psychology and 5% by investing.

It's more about psychology.

"Look at all the volume on Huobi. They must be buying out all the coins."

"Oops I guess China isn't over. I better rebuy the coins I sold because of China, right away because we're going straight back to the moon where we were with China".

Plus a possible short squeeze due to the unexpected action.

People following or arbing huobi are buying them up. Anyone who sold due to China can rebuy.