I had to try really hard not to laugh at this while at work
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6:10PM EST Silly rabbit! Slow and steady. Why would you think that is their goal?
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Long are super cheap right now, like half the previous low. Shorts are getting cheaper, but still not that low.
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Bitstamp is acting really funny. So is bitfinex. What is it with the zigzagging when the price starts to move? Reminiscent of Gox.
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NOT ENOUGH SHORTS...you should short MORE...otherwise we will not go to 0 and you will not MAXIMIZE PROFIT...bears said we will NOT go higher -> there is no better opportunity
FULL MAX LEVERAGE SHORT
This guy gets it. Short to oblivion, then never close the shorts so you aren't forced to take a loss when it rebounds. Remember, it's not a loss until you buy back.
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Finex shorters getting absolutely massacred (assuming this rise ISNT shorts closing)
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panic sell at 224.96$
Considered it myself but I dont think this BFX wall is gonna go down. If it does go down, well, maybe I'll be selling $5 below ya lol That wall was entirely eaten, but selling now may not be a good idea, I'd wait for the rebound. There should be at least 8h between the rebound and a possibly lower local bottom for buy back. Yeah, it looks like a good chunk of the selling was shorts, too. Back up to ~20k from the 12k low in the past 2 days or so.
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panic sell at 224.96$
Considered it myself but I dont think this BFX wall is gonna go down. If it does go down, well, maybe I'll be selling $5 below ya lol
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Pump it is, I cancelled my low bids and panic bought at 230$. 1h PSAR flipped and at this pump rate 1h MACD should flip soon too.
They're dumping on us again
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I have a question for you guys:
You own 5k bit-coins. What do you do? Serious question.
I'd probably cash 4k of them and hodl the remaining 1k Same. I'd definitely want to hodl a percent just in case.
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Y'all got any of them trade cancellations ? Finex being a meany again, tryin to dump right after I buy BearFX has been steadily refilling asks/applying sell pressure all day. It's getting a bit old, really Half true for the bids though, too. Very odd.
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Y'all got any of them trade cancellations ? Finex being a meany again, tryin to dump right after I buy
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Finex really wants to test $220.
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Its hilarious how quiet this thread goes when the price is rising compared to when it falls $10. Just trolls left = confirmed.
Uhh, thats because the price isnt doing anything right now. No volume.
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Chinese should be waking up now. Wonder what they plan to do
Seems like they're going to dump. Wonder how long before the finex buy walls disappear. If those disappear, it will be immediatly as those buy walls are fake as has been seen my multiple people in this thread today. We are nearing 8 AM China Time, so if there's gonna be a move it will be there in the next 60 to 90 minutes. I already see some careful movement downwards, just the way the other dumps started before the 8 AM mark. They arent fake.. theyve already been sold in to. FUD
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The 8-hour rule is good for developing habit of disciplined trading. Makes you think at least 8 hours ahead No one can truly predict markets in such a way, so it doesnt make much sense in my opinion. Obviously, OP is just doing this for free and doing 100s of trades a day would be absurd. But, if someone buys at $240 and then immediately after a 30k ask wall were to appear, I dont see why they "shouldnt" be able to sell if they want to.
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SELL 0.32175 at $226.43 = $72.85
Apparently I suck at day trading...
Me too. I'm either super lucky or good with high frequency trading though.. managed to increase altcoin holdings like 500%, then lost 98% because I couldn't predict the impending altcoin bubble pop and tried to catch the falling knife. Oops!
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