BEAR MARKET STARTED - BTC is overheated. I OPENED SHORT postition

[jondeen707]

Added some more shorts.

BULL trend IS OVER. Mark my words.

You keep adding more shorts, when Bitcoin looks like it is going to break out.
When do you plan on closing them? Once they bankrupt you? 

He is always short I would guess!No matter how bullish the market is, ask goes short!
And when he was lucky 1 out of 10 times he will say "I told you so".
I stopped reading his predictions and comments or taking it serious in any way because it often makes him look ridiculous.
But hey this is speculation here and everyone is free to believe whatever he wants.But what I hate is when someone tries to influence the community with some shitty comments.

I told you so. Sell we are going under 700$

I guess it is still too early to say that

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[macedoniantable]

Added some more shorts.

BULL trend IS OVER. Mark my words.

You keep adding more shorts, when Bitcoin looks like it is going to break out.
When do you plan on closing them? Once they bankrupt you? 

He is always short I would guess!No matter how bullish the market is, ask goes short!
And when he was lucky 1 out of 10 times he will say "I told you so".
I stopped reading his predictions and comments or taking it serious in any way because it often makes him look ridiculous.
But hey this is speculation here and everyone is free to believe whatever he wants.But what I hate is when someone tries to influence the community with some shitty comments.

I told you so. Sell we are going under 700$

This is the way it is looking right now.
Woke up thinking that all the sales for black friday would of bought the value of bitcoin up today.
I thought wrong, unfortunately.

[Shiroslullaby]

A lot of people won't have extra money to invest in BTC because they just spent it on a new TV or Playstation/ Xbox.
Add that to the recent problems with transactions getting confirmed, and we're probably going to see another dip back to $700.
Followed, a week later, by a rise back to $750, like its been going all month LOL. 

[macedoniantable]

A lot of people won't have extra money to invest in BTC because they just spent it on a new TV or Playstation/ Xbox.
Add that to the recent problems with transactions getting confirmed, and we're probably going to see another dip back to $700.
Followed, a week later, by a rise back to $750, like its been going all month LOL. 

That is a good forecast to predict on what will happen after this spending spree is over with. But what happened last year with the price is not the same as what is going on this year. So by Christmas time it just might be the opposite of what happened with the price as well. Only time will tell. But it would be great if it did go back to nearer to $750 instead of sliding back to $700 every 7 hours or so.

[zby]

Have you closed your short or are you still waiting?

[quake313]

Helluva bear market I must say.

[Chef Ramsay]

Have you closed your short or are you still waiting?

If there's any significant leverage involved on this short I recommend the suicide watch hotline now, before it's too late.

[Wind_FURY]

Have you closed your short or are you still waiting?

All who went short should be closing them now. It would be a mistake to continue to do so and keep on hoping that it will go the other way one day. Maybe it would, but by that time the price might already be too high and it was better to hold and go long in the first place.

[JimboToronto]

Helluva bear market I must say.

Some people think it's always a bear market.



Different strokes for different folks. I prefer when the market bears me a nice profit on my holdings.

[unknown04]

Added some more shorts.

BULL trend IS OVER. Mark my words.

You keep adding more shorts, when Bitcoin looks like it is going to break out.
When do you plan on closing them? Once they bankrupt you? 

He is always short I would guess!No matter how bullish the market is, ask goes short!
And when he was lucky 1 out of 10 times he will say "I told you so".
I stopped reading his predictions and comments or taking it serious in any way because it often makes him look ridiculous.
But hey this is speculation here and everyone is free to believe whatever he wants.But what I hate is when someone tries to influence the community with some shitty comments.

I told you so. Sell we are going under 700$

annndddddddd, it's ~$767 now.... have u sold all your bitcoins?

some people here are just too overconfident sometimes.

[abstract1]

$770 lol

[susila_bai]

Added some more shorts.

BULL trend IS OVER. Mark my words.

You keep adding more shorts, when Bitcoin looks like it is going to break out.
When do you plan on closing them? Once they bankrupt you? 

He is always short I would guess!No matter how bullish the market is, ask goes short!
And when he was lucky 1 out of 10 times he will say "I told you so".
I stopped reading his predictions and comments or taking it serious in any way because it often makes him look ridiculous.
But hey this is speculation here and everyone is free to believe whatever he wants.But what I hate is when someone tries to influence the community with some shitty comments.

I told you so. Sell we are going under 700$

annndddddddd, it's ~$767 now.... have u sold all your bitcoins?

some people here are just too overconfident sometimes.

Todays is above $770 preev price and as per my calculation we can see very soon the bitcoin price above $800 in very short time. So who ever is in short position should cancel it so they can cut their losses

[quake313]

Have you closed your short or are you still waiting?

If there's any significant leverage involved on this short I recommend the suicide watch hotline now, before it's too late.

Lack of an update has me wondering if he killed himself yet?

[Paashaas]

Shorting in a bull-market with low swings is very risky, is it really worth that risk to earn a few bucks?

There are always people who going for max risk max profits...but i dont think Ask is that kind of hardcore gambler.

[Denker]

In a few days when we might correct again a bit, due to some oscillators which may be too high in terms of TA, he will come back and call out for the bear market continuing and that we all got bull trapped!
Man sometims this place here can be so extremely funny!

[Raimonn]

Now we have high bitcoin prices, some are thinking about selling. No one knows if it will scale more or bitcoins price will go down, but opening short positions now has an high risk. In my opinion is time to wait and see, keep your bitcoins on cold storage for the future.

[Tzupy]

Shorting in a bull-market with low swings is very risky, is it really worth that risk to earn a few bucks?

There are always people who going for max risk max profits...but i dont think Ask is that kind of hardcore gambler.

Of course it's not worth the risk, unless you can watch the market very closely, then the risk is manageable.
I don't short these days, am waiting for a clear signal to start shorting, and I saw none yet.

[oda.krell]

Shorting in a bull-market with low swings is very risky, is it really worth that risk to earn a few bucks?

There are always people who going for max risk max profits...but i dont think Ask is that kind of hardcore gambler.

Of course it's not worth the risk, unless you can watch the market very closely, then the risk is manageable.
I don't short these days, am waiting for a clear signal to start shorting, and I saw none yet.

For once, we agree

Also, people in here throw around the term 'shorting' to simply mean 'sell in order to re-buy at a lower price'. And while the amplitude of swings in the past year has been somewhat lower than in the years before, there's still plenty of room for momentum traders to take advantage of these swings -- iff they are willing to watch the market closely, and don't get too attached to a position that, by all current signs, sits against the larger trend.

I don't have time and/or nerves at the moment to do so, but to pretend that the only option right now is to hodl until price reached a new ATHis book talking, imo, not genuine trading advice or discussion.

[ask]

[quake313]

We need a Bitcoin proof-of-life emoji