this has worked for me in forext markets, and am sure it can work with the bitcoin
Repeat after me:
Bitcoin is NOT a stock.
Bitcoin is NOT forex.
Here is what will happen:
1. Bitcoin will get to $700
2. You will sell
3. Bitcoin will go to da moon ($2500-$5000)
4. You miss it because you sold at $700
Buy and HODL.
Don't say we didn't warn you.
You are an idiot! you pussy whipped piece of... couldn't you come up with your own name? I bet you took your wife's name in marriage so now mail comes to your house addressed to Mr. & Mrs. BitCh ick.
Enough with the personal insults
Do you realize how much more money you and your broke ass wife (oops, last one, I promise) could have had if you would learn a little bit about some goddamn analysis? I say money because that's all it's really about in your eyes. It's ok, you can say it out loud. You'll sleep better when you get that off your chest.
Your fundamentals didn't hold your floor at 9-8-7-6-5-400... So you hold it to the ground if it would have went there.
Do you consider Bitcoin a currency? Yes?
Then it is FOREX because it's the
EXchange of one currency to another.
Regardless of the class, it is still the trading of a financial instrument which has psychological effects on you and everyone else in the market. That is why TA/EW works for Bitcoin just as well as it does for ANY other asset in the world. I can attest to this since I make good trades every day based on TA/EW. You can't say it's luck because luck is a little more random than that. I'm not perfect, but I definitely have a net profit larger than holding.
You think it doesn't work because YOU can't get it to work for you. You can't decipher what the technicals are telling you so you can't analyze it. And it's ok! But don't come her spouting off about something you obviously don't understand. Those that can, trade. Those that can't (have no business here?) hold. Since you're holding and not buying, get the fuck out of speculation. You already made your speculative move. You don't belong here! There are 20 other sub-fora for you peddle your Bitcoin beliefs.
You sell, bitcoin goes up
You buy, bitcoin goes down
Ergo: HODL!
For you perhaps. Tough luck!
So as far as we know this, just HOLD and start thinking about it when it's at least double. Why people panic so much about the price.. We all here to invest in what we believe.
Yet another one who acts like they are doing a service to/for Bitcoin when in fact, is just waiting for a payday.
