Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[Fatman3001]

Alright friends, I have 8000$ to play with in trading on BFX today. Should I open a long right now to close at 250 by monday?
Im thinking we may drop to ~232 before we rebound to either 250 or at the very least back in the high 240s.
Debating if I should short right now.
Its always a beautiful day in bitcoinland  

Why don't you just buy and hold for few years? It's boring but if fun is main factor for your investing strategy, maybe you can play casino - that is even more fun...

I have coins stashed for the long term already, but those coins are not paying my bills right now. I am trying to make a living trading and the only way to do that on a daily basis is to buy and sell every day. A casino is not more fun. At a casino you loose money. Any time I am profiting I am enjoying myself.
I do play a lot of poker on Betcoin.Ag though

Well, asking people in the wo thread is the wrong way to do it. Practice with a fictious sum first and develop a strategy. Preferably one that works. There should be some threads both here and at other trading forums about strategies and risk management.

[1715367361]

1715367361

[hdbuck]

Alright friends, I have 8000$ to play with in trading on BFX today. Should I open a long right now to close at 250 by monday?
Im thinking we may drop to ~232 before we rebound to either 250 or at the very least back in the high 240s.
Debating if I should short right now.
Its always a beautiful day in bitcoinland  

Yes Man, buy now.




Cry later.

Will I be crying from joy?

To be honest, im quite in the same situation, with some cash waiting on the Line but Also with some btc in cold wallet. Thing is i wont be buying until im sûre we Will break ATH or purge the bid side as final capitulation

[adamstgBit]

Alright friends, I have 8000$ to play with in trading on BFX today. Should I open a long right now to close at 250 by monday?
Im thinking we may drop to ~232 before we rebound to either 250 or at the very least back in the high 240s.
Debating if I should short right now.
Its always a beautiful day in bitcoinland  

Why don't you just buy and hold for few years? It's boring but if fun is main factor for your investing strategy, maybe you can play casino - that is even more fun...

let's assume he's already got his long term investment set in and is looking to play the volatility game
yes start easing into a long now... fuck all in at this point is probably safe.
but i wouldn't take profit at 250... have some faith that demand will pick up again and we'll see >300 soon enough!
i've been building my position for a few months now, in ~5K$
can't lie gotta be honest, i'm starting to think about selling all my things...

[hdbuck]

Buy thèse prices are a joke knowing btc potential

[adamstgBit]

Buy thèse prices are a joke knowing btc potential

its a joke knowing bitcoins current state...
coming soon pay for stuff anywhere paypas is accepted, and this is expected to work outside of US too.
all these things that have been / continue to happen are going to catch up with price sooner or later...

[LFC_Bitcoin]

Alright friends, I have 8000$ to play with in trading on BFX today. Should I open a long right now to close at 250 by monday?
Im thinking we may drop to ~232 before we rebound to either 250 or at the very least back in the high 240s.
Debating if I should short right now.
Its always a beautiful day in bitcoinland  

Yes Man, buy now.




Cry later.

Will I be crying from joy?

To be honest, im quite in the same situation, with some cash waiting on the Line but Also with some btc in cold wallet. Thing is i wont be buying until im sûre we Will break ATH or purge the bid side as final capitulation

Are you confident that bitcoin will succeed in the future?
If not I agree with your stance/plan.
But if you think bitcoin will gain absolute mainstream adoption when what are you waiting for, why do you need to see upwards price movement before you commit?

Buy at the bottom when things are looking shit, that's the best way isn't it?
If you wait until we rise to 300 for example if you're planning to buy a decent amount of coin then even just waiting until 300 you'll be spending a hell of a lot more than if you get in now.

Determine your confidence in the future of bitcoin, if you're positive about the long term future then get the hell in now whilst coins are still cheap 'ish'.

[79b79aa8d5047da6d3XX]

Thing is i wont be buying until im sûre we Will break ATH

and how will you know that?

[adamstgBit]

Thing is i wont be buying until im sûre we Will break ATH

and how will you know that?

price will be 1199.99 

[Wings1987]

895 Volume in GBTC right out of the gate. Good sign for a big day.

[ChartBuddy]

Coin
Explanation

[hdbuck]

Thing is i wont be buying until im sûre we Will break ATH

and how will you know that?

price will be 1199.99 

Yep simple as that

[Wings1987]

Game on or just a little blip?

[atlosas]

I think game on since that dump to 232 which instant bounced back

[Stevenirving]

Moon?
All in
 

[atlosas]

all in till next supoort at 250

[BitofaN1]

Watch out for that midnight cock blocker again.(both last crashes happened around midnight for me).

[ChartBuddy]

Coin
Explanation

[Fatman3001]

@asabutton

Is that Dr. Jeffrey Geiger from Chicago Hope?

And I thought Mark Harmon had it bad with that NCIS crap.

[Paashaas]

Watch out for that midnight cock blocker again.(both last crashes happened around midnight for me).

Why are you like this, bitcoiners? Why does this turn you on?

Serious question.

Edit: NSFW. Sorry, forgot.

Discusting pic man, are you mentally ill to look for that kind of schit.

[Stevenirving]

I am sitting next to my grandmother. No joke.
When that popped up I slammed my laptop closed.

I was showing her how I trade Bitcoin and good places I find information