adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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December 11, 2013, 03:41:52 AM |
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Well, I shorted bitcoins @ about 955, and now it is at 963... closed my position and started a new long position. good idea?
don't flip flop your trades... you want to put yourself in a position where you don't care if it goes down, and love to see it go up. and then you just HOLD that until really want to invest more, not speculate more.
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I_bitcoin
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December 11, 2013, 03:46:09 AM |
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Looks like the dragon is going to dance with 6k again.
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accord01
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December 11, 2013, 03:47:04 AM |
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Well, I shorted bitcoins @ about 955, and now it is at 963... closed my position and started a new long position. good idea?
don't flip flop your trades... you want to put yourself in a position where you don't care if it goes down, and love to see it go up. and then you just HOLD that until really want to invest more, not speculate more. Yeah, i was pretty sure it was going to drop, thinking this was a smooth dead cat bounce, but it is just staying about 875 for so long... not sure now... plus the consensus among bulls and analysts is that it will hit 1200+ ... i said forget it with the shorting intervals, lets go long... definitely bad trading strategy in the long run... i should be toast right now... but i am up 2k in the last 2 weeks.
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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December 11, 2013, 03:47:40 AM |
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my god look at the chinaman go!
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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December 11, 2013, 03:48:50 AM |
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Well, I shorted bitcoins @ about 955, and now it is at 963... closed my position and started a new long position. good idea?
don't flip flop your trades... you want to put yourself in a position where you don't care if it goes down, and love to see it go up. and then you just HOLD that until really want to invest more, not speculate more. Yeah, i was pretty sure it was going to drop, thinking this was a smooth dead cat bounce, but it is just staying about 875 for so long... not sure now... plus the consensus among bulls and analysts is that it will hit 1200+ ... i said forget it with the shorting intervals, lets go long... definitely bad trading strategy in the long run... i should be toast right now... but i am up 2k in the last 2 weeks. it will probably make a new ATH, and then CHOO CHOO. but i wouldn't bet my house on it....
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gandhibt
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December 11, 2013, 03:49:01 AM |
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china is going for 6000 again
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seriouscoin
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December 11, 2013, 03:49:43 AM |
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Well, I shorted bitcoins @ about 955, and now it is at 963... closed my position and started a new long position. good idea?
don't flip flop your trades... you want to put yourself in a position where you don't care if it goes down, and love to see it go up. and then you just HOLD that until really want to invest more, not speculate more. Yeah, i was pretty sure it was going to drop, thinking this was a smooth dead cat bounce, but it is just staying about 875 for so long... not sure now... plus the consensus among bulls and analysts is that it will hit 1200+ ... i said forget it with the shorting intervals, lets go long... definitely bad trading strategy in the long run... i should be toast right now... but i am up 2k in the last 2 weeks. it will probably make a new ATH, and then CHOO CHOO. but i wouldn't bet my house on it.... so are you in holding both btc and cash? hehehe so you can cheer both way
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Nolo
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December 11, 2013, 03:49:55 AM |
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accord01
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December 11, 2013, 03:59:37 AM |
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Well, I shorted bitcoins @ about 955, and now it is at 963... closed my position and started a new long position. good idea?
don't flip flop your trades... you want to put yourself in a position where you don't care if it goes down, and love to see it go up. and then you just HOLD that until really want to invest more, not speculate more. Yeah, i was pretty sure it was going to drop, thinking this was a smooth dead cat bounce, but it is just staying about 875 for so long... not sure now... plus the consensus among bulls and analysts is that it will hit 1200+ ... i said forget it with the shorting intervals, lets go long... definitely bad trading strategy in the long run... i should be toast right now... but i am up 2k in the last 2 weeks. it will probably make a new ATH, and then CHOO CHOO. but i wouldn't bet my house on it.... The reason I've been so bearish is because of China and the last crash. How is China supposed to hit higher than 1200+ usd if it doesn't have new money coming in? But i pretty much give up, because all my shorts has destroyed me, though it worked out good in the crash.
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ChartBuddy
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Activity: 2338
Merit: 1802
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 11, 2013, 04:02:20 AM |
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beetcoin
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December 11, 2013, 04:03:35 AM |
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yeah, well, uh, that's just like.. your opinion, man.
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JorgeStolfi
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December 11, 2013, 04:41:35 AM |
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It's a league game...
You all understand that bitcoin trading is just a kind of gambling, right?
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Sitarow
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Activity: 1792
Merit: 1047
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December 11, 2013, 04:44:11 AM |
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11ams
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Activity: 56
Merit: 0
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December 11, 2013, 04:45:06 AM |
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Nolo
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December 11, 2013, 04:46:06 AM |
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It's a league game...
You all understand that bitcoin trading is just a kind of gambling, right? Living is just a form of gambling.
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zoinky
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December 11, 2013, 04:47:20 AM |
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Anyone see the Colbert bump?
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Nolo
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December 11, 2013, 04:48:50 AM |
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Anyone see the Colbert bump?
Did he mention it tonight? I wasn't watching.
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JimboToronto
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Activity: 4172
Merit: 4816
You're never too old to think young.
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December 11, 2013, 04:49:14 AM |
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It's a league game...
You all understand that bitcoin trading is just a kind of gambling, right? Exactly. Trading is gambling, just like the stock market or casino. Holding is investment, like fine art or mortgage-free real estate.
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justusranvier
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Activity: 1400
Merit: 1013
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December 11, 2013, 04:50:53 AM |
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I haven't been able to check the forum the last couple days because of this conference in Las Vegas.
Can anyone summarize the last 30 pages or so of this thread?
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zoinky
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December 11, 2013, 04:51:35 AM |
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Anyone see the Colbert bump?
Did he mention it tonight? I wasn't watching. It was just a pun in one of the slides in "The Word" segment, it wasn't actually said, just text on the side.
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