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starting to rise now, China is getting onto thier computers $8928
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Yes, the day BTC crashed to $3500 I was at the bank depositing money. I got some at $5k, wish i got more at that price though. I would have saved a lot.
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10k incoming if we break 9k resistance? OR are we going to bounce back to 7k support and a flatline for a while until we go to 12k? We should see a drop or a sharp rise in the next couple of days. Maybe hours even. If we break 8.3k support line we are probably going to 6900-7000. Not even going to post my TA.  We will break 9k soon, China is waking up now and they are going to FOMO pump this! Lots of people have free time on thier hands, they have $1200 extra from the us Gov. to spend, and EVERYONE wants to get rich quick! Its quite possible we can go on an incredible run. |
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Lots of people have free time on thier hands, they have $1200 extra from the us Gov. to spend, and EVERYONE wants to get rich quick!
Can everyone say FOMO PUMP?
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The K3 hand is super standard, the flush draw has about %35 equity on the flop.
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9k is the major resistance right now, lots of people selling at 8950 an taking profit. But theres too many bulls hearing about FOMO so its just a matter of time, China is waking up and soon they will FOMO buy.
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I bought more BTC and LTC during the crash, wish i got more. But I did get BTC at about average $6600 and LTC at $37. Anyone else do better than those?
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After little consolidation, 9k here we come (at 8827)
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That is horrible to lose BTC gambling, especially watching the bull run that started last night and today!
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With all the hype in the news the usa is just hearing about the bitcoin pump, time for new money to move in a break 9k!
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lol thanks, im just trying to grind my Binance balance into more because I know the bull run is coming.
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Actually most of the money coming in is people who already owned Bitcoin before the 10k covid19 crash, now people are buying back in, this low price gets more newbies into the space, then halving and boom, bull run.
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Is 7950 a good time to sell? And buy a rebound at about $7880?
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7900 here we come! at 7892
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I think the people saying they dont like botx/ dont trust them dont understand them. Because a bot does EXACTLY what you tell it to.
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You can set stop losses with a bot. All a bot does is automatically trade how you tell it to. You can customize everything. So its almost like manual trading, but it saves you time. I fail to believe any argument that having a bot is -expected value.
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The trading bot is a usefull tool and it works. Its just one more tool that we could use to eek out a profit. For anyone serious about trading I cant see the harm in running the bot in the background.
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The only way you will "lose" with the bot is if it holds a bag. That is why i mentioned you could only trade coins you believe in holding long term if it comes to that.
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Yes for now I have just been paying on the 15th of each month. Regardless of price.
I will continue buying, Im just asking myself is it worth it keeping the money on the side and waiting for a dropoff or just continue buying every month?
Thanks to everyone for giving me ideas and showing me their way of buying coins.
DCA has been my way, its been going good, yes I could have probably gotten more out of my Dollar if I waited but I have been lucky getting it cheap and it going up for a while too.
Although a steady auto buy will get you Bitcoin, you could get more if you time it right. Buy low and sell high, thats the secret to trading, lots of people kind of overlook that strategy. |
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Buying spread out has its benefits, but you can also regret not buying the dip. You could buy $1000 worth for example the dip of BTC when it was $4000 and have twice as much BTC versus if you dollar cost averaged 10 months before hand. But hindsight is 20 20.
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