Raja_MBZ
Legendary
Offline
Activity: 1862
Merit: 1505
|
|
March 17, 2018, 01:02:30 PM |
|
Ouch!
I am getting tired of this. I want my fucking wealth back. And I want it now. I am serious.
I'm guessing you must be in pretty much in alts too? Bitcoin isn't that much of pain right now which alts are... This is how stupid alts (aka shitcoins) have changed my plans: And then...
|
|
|
|
|
|
|
|
|
"This isn't the kind of software where we can leave so many unresolved bugs that we need a tracker for them." -- Satoshi
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
pacman7331
|
|
March 17, 2018, 01:05:51 PM |
|
IF you are going short now it's because YOUR DICK IS SMALL.
|
|
|
|
LFC_Bitcoin
Legendary
Offline
Activity: 3528
Merit: 9544
#1 VIP Crypto Casino
|
|
March 17, 2018, 01:06:49 PM |
|
Weekend dump as per usual then !!!!
|
|
|
|
pacman7331
|
|
March 17, 2018, 01:08:53 PM |
|
already dumped dammit
|
|
|
|
bitserve
Legendary
Offline
Activity: 1820
Merit: 1464
Self made HODLER ✓
|
|
March 17, 2018, 01:23:15 PM Last edit: March 17, 2018, 01:41:02 PM by bitserve |
|
Ouch!
I am getting tired of this. I want my fucking wealth back. And I want it now. I am serious.
I'm guessing you must be in pretty much in alts too? Bitcoin isn't that much of pain right now which alts are... This is how stupid alts (aka shitcoins) have changed my plans: And then... Not that much exposed to alts, it oscillates between 10-30% of my total stash depending on price oscillations, with Litecoin (which is not doing that bad) being my main alt. I am more concerned about Bitcoin price action, I would be perfectly fine if my alts go to the ground if that means Bitcoin recovering.
|
|
|
|
El duderino_
Legendary
Offline
Activity: 2506
Merit: 12038
BTC + Crossfit, living life.
|
|
March 17, 2018, 01:24:32 PM Merited by BobLawblaw (1) |
|
|
|
|
|
d_eddie
Legendary
Offline
Activity: 2492
Merit: 2899
|
|
March 17, 2018, 01:41:48 PM |
|
IF you are going short now it's because YOUR DICK IS SMALL. My dick was small at 8400, yesterday. It has been shrinking and growing, shrinking and growing since. I hope it becomes a baby squid soonish.
|
|
|
|
d_eddie
Legendary
Offline
Activity: 2492
Merit: 2899
|
|
March 17, 2018, 01:47:03 PM |
|
Weekend dump as per usual then !!!!
So it seems. My hunch was off. Again. But this time the dump's starting from a lower point. Who knows where it's headed to. Low 7k's? HODL.
|
|
|
|
Raja_MBZ
Legendary
Offline
Activity: 1862
Merit: 1505
|
|
March 17, 2018, 01:50:16 PM |
|
Ouch!
I am getting tired of this. I want my fucking wealth back. And I want it now. I am serious.
I'm guessing you must be in pretty much in alts too? Bitcoin isn't that much of pain right now which alts are... This is how stupid alts (aka shitcoins) have changed my plans: And then... Not that much exposed to alts, it oscillates between 10-30% of my total stash depending on price oscillations, with Litecoin (which is not doing that bad) being my main alt. I am more concerned about Bitcoin price action, I would be perfectly fine if my alts go to the ground if that means Bitcoin recovering. You're lucky you went with Litecoin. I did sort of an experiment by going for small market caps coins and it went deadly, and specially because I went into few coins like that with more than 75% of my portfolio. Next time when the markets boosts up, I'll make very sure of taking my profit out. Right now, I'm in sort of death-dealing situation. Next week-end, this dump won't happen, I can guarantee, as I'll be going for a sell & buy of bitcoin to try out some profit. Pretty sure I won't succeed, but at least this week-end dump trend will then end. So I'm fine with it.
|
|
|
|
RayX12
|
|
March 17, 2018, 01:52:22 PM |
|
Wallstreet playing with us boys! I was warned that this would happen when the big fucking guns assault BTC! GO BITCOIN GO
|
|
|
|
gembitz
|
|
March 17, 2018, 01:52:56 PM |
|
THE NEXT 50 PAGES ARE CRUCIAL haa
|
|
|
|
DARKHOLDER
|
|
March 17, 2018, 02:19:19 PM |
|
Wait for someone tells that- ...next 10 hours is critical
|
|
|
|
El duderino_
Legendary
Offline
Activity: 2506
Merit: 12038
BTC + Crossfit, living life.
|
|
March 17, 2018, 02:24:20 PM |
|
THE NEXT 50 PAGES ARE CRUCIAL haa Extremely crucial
|
|
|
|
bitserve
Legendary
Offline
Activity: 1820
Merit: 1464
Self made HODLER ✓
|
|
March 17, 2018, 02:36:34 PM |
|
Ouch!
I am getting tired of this. I want my fucking wealth back. And I want it now. I am serious.
I'm guessing you must be in pretty much in alts too? Bitcoin isn't that much of pain right now which alts are... This is how stupid alts (aka shitcoins) have changed my plans: And then... Not that much exposed to alts, it oscillates between 10-30% of my total stash depending on price oscillations, with Litecoin (which is not doing that bad) being my main alt. I am more concerned about Bitcoin price action, I would be perfectly fine if my alts go to the ground if that means Bitcoin recovering. You're lucky you went with Litecoin. I did sort of an experiment by going for small market caps coins and it went deadly, and specially because I went into few coins like that with more than 75% of my portfolio. Next time when the markets boosts up, I'll make very sure of taking my profit out. Right now, I'm in sort of death-dealing situation. Next week-end, this dump won't happen, I can guarantee, as I'll be going for a sell & buy of bitcoin to try out some profit. Pretty sure I won't succeed, but at least this week-end dump trend will then end. So I'm fine with it. Man, that hurts. And I was complaining about my total portfolio being reduced to around 1/3 from the peak. To be true, my "whining" is sorta just a kinda "relief"... I know this correction was more than due and even needed after the great 2017 rise. I am VERY well into black numbers... so I shouldn't even be complaining except for not having better played the dump. But if I was of the ones that "sell" easily I wouldn't even have make it to nowhere near the peak in first instance. My timeframe for this investment has always been to at least until after the next halving to reconsider/rebalance my position and, putting things in perspective, everything is going according to the plan (or even better).
|
|
|
|
Raja_MBZ
Legendary
Offline
Activity: 1862
Merit: 1505
|
|
March 17, 2018, 02:50:20 PM |
|
Ouch!
I am getting tired of this. I want my fucking wealth back. And I want it now. I am serious.
I'm guessing you must be in pretty much in alts too? Bitcoin isn't that much of pain right now which alts are... This is how stupid alts (aka shitcoins) have changed my plans: And then... Not that much exposed to alts, it oscillates between 10-30% of my total stash depending on price oscillations, with Litecoin (which is not doing that bad) being my main alt. I am more concerned about Bitcoin price action, I would be perfectly fine if my alts go to the ground if that means Bitcoin recovering. You're lucky you went with Litecoin. I did sort of an experiment by going for small market caps coins and it went deadly, and specially because I went into few coins like that with more than 75% of my portfolio. Next time when the markets boosts up, I'll make very sure of taking my profit out. Right now, I'm in sort of death-dealing situation. Next week-end, this dump won't happen, I can guarantee, as I'll be going for a sell & buy of bitcoin to try out some profit. Pretty sure I won't succeed, but at least this week-end dump trend will then end. So I'm fine with it. Man, that hurts. And I was complaining about my total portfolio being reduced to around 1/3 from the peak. To be true, my "whining" is sorta just a kinda "relief"... I know this correction was more than due and even needed after the great 2017 rise. I am VERY well into black numbers... so I shouldn't even be complaining except for not having better played the dump. But if I was of the ones that "sell" easily I wouldn't even have make it to nowhere near the peak in first instance. My timeframe for this investment has always been to at least until after the next halving to reconsider/rebalance my position and, putting things in perspective, everything is going according to the plan (or even better). The good thing I find in crypto is, you can make a quick comeback even if you've just 5% of your initial investment left. So I'm still pretty confident that things will get better, might take time, but I'm positive.
|
|
|
|
ivrytwr3
Newbie
Offline
Activity: 110
Merit: 0
|
|
March 17, 2018, 02:51:45 PM |
|
So many different figures - i will say 0 or $100k!!
|
|
|
|
_javier_
Member
Offline
Activity: 444
Merit: 31
Still a manic miner
|
|
March 17, 2018, 03:07:15 PM |
|
|
|
|
|
d_eddie
Legendary
Offline
Activity: 2492
Merit: 2899
|
|
March 17, 2018, 03:23:50 PM Merited by JayJuanGee (1) |
|
I used the last dip to lighten my safety short and profit a bit. The dip was welcome, because my short entry point was drifting towards unprofitability as the price raised.
Now I'm waiting to rebuild the missing part a bit at a time, scalping the small waves as we get back to where we were, around 8.5-8.6k. When will it be? I don't know, of course. That's the unnerving nursing/babysitting part.
My ultimate goal is having a short that tracks the current price, ideally an inch higher up from it (wishful thinking, and impossible on maxima. I know).
When I'm set or near-set, let them moon it - I'll drop it when the pain exceeds my threshold. Let them swamp it - I'll get richer than I were without my safety short.
Certainly, one thing that you are attempting that is quite different from me (and jbreher I believe - and quite a few quys and perhaps gal are leery of such) is that you are incorporating margin dynamics into your plays that make them more complicated. Therefore, if you are able to describe systematic ways to employ margin, then you will be able to contribute to the space in your own unique ways. By the way, I have concluded that in bitcoin it can be very very very profitable merely playing with strategies that involve straight trading and no margins, so therefore margin trading is not necessary in order to get very rich from bitcoin. It would take quite a bit to convince me to employ margin trading or that I would acknowledge that such is necessary - however, if you are able to present clear and simple techniques that are easily understandable, then I for one might be willing to attempt your strategy, if it makes sense to me and seems that there is a way that I can use it to make myself feel more comfortable (rather than less comfortable because of such employment of it). Margin trading and derivatives are double-edged swords. They can be used to get rekt, much too easily. However, the original function of futures was that of guaranteeing certainty of price to sellers or buyers of the underlying commodity (e.g., wheat). When used in moderation, with ample safety bands on either side, these instruments can be useful to hedge against unfavorable conditions - that's what I'm trying to do here. Nothing new under the sun, I guess. By having my safety short on leveraged margin, I am risking just a small fraction of my stash (that is, part of my play money) to get insurance against a price drop. E.g., to short 1 btc, you can spend as little as 0.1 btc (on 10x leverage). Of course, any price movement gets amplified 10x, so careful! Safety bands around your position! Now the technical question is: how do I decide where, how much to short? The answer comes in the form of a working method: use the 2J-ladder to build the position starting small, small, small, and try to bring it higher and smaller. Well, smaller - within reason. If the position (and the underlying "wheat", which is actually corn in our case) goes UP, it can and should grow little by little, as long as it doesn't get so large that a sudden move UP blows you off or becomes too much of a weight on your "insurance costs".
|
|
|
|
lingwistiko
Member
Offline
Activity: 322
Merit: 10
╔►[FILIPINO Translator]◄╝
|
|
March 17, 2018, 03:49:17 PM |
|
I really feel so pathetic when bitcoin's price go down but i don't have money left to buy some. I am just hodling my bitcoin which i bought at 12,000$ last year and really wanted to add more.
|
|
|
|
tonyq
Legendary
Offline
Activity: 879
Merit: 1001
|
|
March 17, 2018, 03:54:46 PM |
|
Am I alone in thinking that this is the true beginning of the demise of bitcoin?
|
|
|
|
|