I really want to see one final total panic sell, all the way down to $10,000 in a matter of minutes, all out hysteria, just like the old days.
That would be
bracing! I have standing buy orders all the way down to there and further yet.
I've pulled enough fiat out this sucka in the last few weeks to get me through another crypto winter. See ya at the next halving?
'Cause we know it is inevitable that it will hit ATHs again some day. The only question being when.
Well, unless it is killed off by a preference for the other fork, that is.
Your orders are way too close together - especially for someone who is supposedly more experienced and for someone who has built some equity.
Hey - Butt The Fuck Out. And I say that in the most loving way. ::wink::
Really, I mean to say, you trade the way you want, and I'll trade the way I want. My 'too close together' orders netted me several BTC last night. I'm doing just fine, thankyouverymuch.
After all, what the hell else am I gonna do with the fiat side profits?
Hey Jbreher, at least when you talk about trading strategies (whether BTC or alts.. of course, BTC is more relevant), you are talking about something that is meaningful to what participants in this thread (and bitcoin) want to brainstorm these kinds of various trading strategies.
I also said my part too in regard to the problematic nature of the seeming structure of your orders. I am not trying to be a dick, but I am trying to assist your retarded ass, without being patronizing and perhaps you have some kind of explanation that would allow your system to make sense, but having your buy and sell orders so close together seems a bit naive and impractical (or did I say retarded earlier?), and I am saying those things in a loving way.
- even though I am doing it in a public thread, rather than privately.
Sure buying a lot of bitcoin can make you a lot of money, but it appears that you have your orders set for about $250 increments. You have about 26 orders between $6800 and $13500. It also appears that you have about a $500 spread. I actually don't have a problem with keeping your spread about 2x your increments, but merely quibbling about the seeming non-practicality of such close increments.
Yeah, of course when I was a beginner trader I was trying to get a lot of experience, so I set my order increments very close together in terms of percentage, starting with about 1.5% and working my way to larger increments. I was also trying to build my stackings on both sides; however, it seems that you have been doing this kind of thing at least as long as me, and probably longer, so, I cannot see why you would either need to gain additional experience or you would not have figured out other ways to stack your buy/sell orders so they are not so close together.
Also, with bitcoin, sure we can have a lot of reversals that cause us to have to reset our buy/sell orders, but when you have built equity we should tend to not have time to be spending on resetting so many orders, unless that is your only exchange or the only pair that you are trading... and also the outrageous runs that take BTC 50% or larger without any meaningful corrections...and then continuing more and more and more which is resulting in nearly an unmanageable quantity of orders being filled.
Sure when BTC prices are in the $6,800 territory, the price increments are around 4%; however, when the price is in the $13,500 territory, you have only about 2% increments. Do you have a bot that is assisting you with manageing and keeping up with these kinds of frequencies especially when BTC prices are moving outrageously fast? Just seems too much when we have 30% price movements in a few days... and frequent 10-20% price swings in a day and back and forth, within that too.
Funny you have had any time to write anything in this thread or anywhere else or to do anything else in your life?
And really, does it matter how much money you are supposedly making if you are ending up spending so much time on something like this, when you could probably achieve a lot of the same objectives, even while maintaining greater increments and spreads. Tell me what I am missing? Why you torture yourself like that?
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