BTFD mode aKtiv8ed!  |
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My gut tells me its important for BTC to stay around 4k for awhile to solidify a future floor. We raced through with the last pass and now its proving ground time. So... if I'm right, anything below 4k should be a good buy area. Sure, we could go to 2k but would the market makers really want to cook the golden goose in a bull market that will more than likely see 10k in the near term.
For now its fairly noticeable that profit taking is happening above 4k and buying back below.
Anyhow its just me and my gut feeling.
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Nice one Jimbo, I was just having similar thoughts this morning and yes, what resilience there is.
Looks like 4k will be a new floor soon.
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I might have to (shudder) use my credit card if I needed to buy something. Using credit cards always makes me feel like such a sucker. Cash rules.
I'll give you an example of when it's a good idea to use credit cards. It was early 2015. I was unemployed and down to about $20k in assets and about the same amount in debt of various kinds. Insolvent or getting there quickly. I had a gut feeling that, rather than tap my assets for living expenses, I should preserve my capital. So I started living off my credit cards. My second gut feeling was that we were at a market bottom. So put my $20k in bitcoin, and lived off my credit cards. As bitcoin went up through 2016, I started incrementally liquidating my long position until the credit cards were paid off. I'm still hodling. I'm not totally against using credit cards. You can't sell tickets on Stubhub and it's hard to rent hotel rooms or automobiles without one. If I find myself short on cash for a day or two, I'll take a cash advance of a couple of grand to tide myself over and pay it off ASAP. I just hate making retail purchases with credit cards and I really hate paying interest compounded daily. I confess, I did use my CC for the last 4 buys although I do have the funds to wipe it clean again. Just couldn't bear the thought of trying to get a wire out during the fall. My bank uses Western Union and they have been asking a lot of questions and delaying transfers to Bitcoin exchanges. Stupidly I used the last of my exchange funds to FOMO buy at 4800. LeArNinG curve. |
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3K range hasn't had more than a day or so of air time on the charts so far, what are the chances we'd be firing straight through it again? I'd like to think this is reasonable but it doesn't lay any support work. Maybe a week or 2 inside 3k range would be a good thing.
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Big green dildo incoming.
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I just sodl some. Profits are profits.  And here I thought you were ready for the 30% haircut.  |
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Just sent some coins to a wallet with a sub $2 fee and they arrived near instantaneously, About 2 seconds but without confirmations. Is this segwit?
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bought the Fucking dip just under 3k.
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I think we're getting into panic sell territory soon. Oh la la, already more than 30%. Buy time incoming.
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My guess is Tuesday the 21st of November. I think its gonna be at least 2 months for this china and fud thing to settle. I choose tuesday as maybe monday is not enough time to push for ath before FOMO and tuesday we shall see it.
Hope I win lol but I think Id prefer a new ATH within a few days
Sorry dude, Already taken 7 posts above this |
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Same as my last guess Nov. 21st for reason of closely averted 2x fork.
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You obviously did't buy enough. Try again.  The buys are getting bigger. Not ready to shoot the whole load quite yet. |
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Triple bottom? Somehow I can't imagine a quadruple attempt. Break 4k or up we go?
Well, that was fast, money ready, lets go! |
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Triple bottom? Somehow I can't imagine a quadruple attempt. Break 4k or up we go?
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Bought the dip, 4100 on the trend line.
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OK, it's getting depressive taking a bullish aspect. So now I am going to switch to bearish, again. So were can I participate in margin shorting BTC vs fiat, as an American? I would prefer an easy verification process.
You'll be in time to short the bottom. You know somebody's gotta do it. Good on ya  Well, I'm still trying to research which exchange I can participate, as a US citizen, in Margin trading for BTC-USD pair. Kraken seems possible. But I'm so ambivalent, I'm not sure that I want to take the steps to register for yet another exchange. My Keepass is getting to full.  Having a Myers-Brigg personality type of INTP can be so exasperating at times. It's a wonder that I can arrive at any decision. Polo? They have margin. I always felt vulnerable there with the limited withdraws and downtime with each buy-able crash. |
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It's confirmed, just watch the 5 min chart, the next red candle is on the way...
I am shorting btc.
gl guys
Up it is. |
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