look if im supposed to be paying attention to something, im out
I'm gonna need 130k before I can afford to Pay Attention.
$100k is officially boring AF.
Great!!!!
Now look what you did.
Does $98k feel less boring than $100k?
That really sounds serious. You surely should sell all your bitcoin and wait for lower prices that are inevitable.. and buy back when things look better.
These past few days I have always been paying attention to that movement, my friend. Even the OCO feature in the market has been set up by me as an initial protection when the price really falls.
When the Bitcoin price is going to fall deeper, the OCO trigger will activate and sell it automatically. The reason why I didn’t sell it right away is because I think the price is still being held by the EMA50 as a strong dynamic support.
I will still watch one or two more candles as confirmation of where the direction will go.
Fair enough. I know that there are a few guys here who trade, yet a lot of the guys who are active in this thread do not really trade (perhaps dabble in trading, at best), and so if the BTC price goes down, many guys will either just HODL through it or buy more depending on their particulars, so it can be quite problematic to be selling with an expectation of buying back cheaper or selling too much BTC too soon until you have accumulated enough BTC or more than enough BTC.. so that you are sufficiently and adequately prepared for up.. .. so then if you are sufficiently prepared for UP, then you will have options to sell some.. ... ..
but yeah, it could be that you have some kind of a trading system that works for you, but hard to get others to want to follow, especially guys who are inclined towards investing rather than trading...
I am not sure what OCO is, yet when I look it up, it says One cancels the other, so those are getting a bit sophisticatedly down the trading route, which you might be able to get to work, yet is not likely within the general knowledge in regards to how some normie might attempt to employ such a system or that anyone might be more advantaged by that rather than a strategy that remains mostly inclined towards buy and hold.
By the way, I think that many guys here might consider that there are quite a few limitations in regards to the extent to which various indicators can be used to figure out whether the bull market is over and/or if the top is already in... .And, even if we were able to figure out that the top was in, there is no real indication regarding if a guy would be advantaged to sell now.. The main advantage would come from having had already sold and then figuring out when to buy back, but most of us don't do those kinds of things.. . unless some guys might be doing some of it on the down-low.
And some of you thought their bitcoin socks were expensive..:
Apple knits up $230 sock for your iPhone in time for Christmas
Fashion house behind Jobs' turtleneck helps with pricey new accessory line
Though it's all a question of perspective, looking totally retarded can get very expensive easily if done right and that sock certainly does the job in one single step.
Maybe they got the idea from Ledger. I am pretty sure Ledger had som kinds of a hat that could include a pocket for the ledger... Apple and Ledger team up..
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