willope
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December 15, 2018, 01:44:44 PM |
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A common error of traders is that they want to catch the very bottom. You don't NEED that. Actually, unless you're the big whale(or group) that's moving the price you probably won't manage to "catch the falling knife". Instead of that, near the bottom there's plenty of time to think and make a good decision to buy and make a good profit with lower risk of missing out.
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willope
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December 15, 2018, 01:52:17 PM |
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I'd like to be in that bottom. On the moon there's plenty of these chicks for sale.
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nutildah
Legendary
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Activity: 3080
Merit: 8285
Happy 10th Birthday to Dogeparty!
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December 15, 2018, 02:06:28 PM |
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T-shirt reads "Stop Being Poor"...
Why didn't I think of that??!
It's being poor itself that's been holding me back all this time, for no reason.
Oh man, so many problems instantly solved.
Lambo City here I come.
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wachtwoord
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Merit: 1125
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December 15, 2018, 02:15:44 PM |
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gembitz
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 15, 2018, 02:35:12 PM |
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Well, another night I go to sleep knowing that I will wake up to a lower bitcoin price.
We thought this was a quick band aid rip off.
Instead it's a slow bleed draining the life from us.
you not read my posts? the ico people did this to us! :\ meh
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PaivanTreidi
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Merit: 8
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December 15, 2018, 03:01:08 PM |
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Still think 200wk SMA (3100-3200) is as low as we are going to go in the big picture. We should be in for a serious bounce very soon.
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gembitz
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 15, 2018, 03:03:49 PM |
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Still think 200wk SMA (3100-3200) is as low as we are going to go in the big picture. We should be in for a serious bounce very soon.
heyheyhey : wheres the loot going to come from? :\ >>> i see sub $1000 soon weeeeee ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ytimg.com%2Fvi%2FIi_D-Fcks_A%2Fmaxresdefault.jpg&t=665&c=GnKfjlF5uE1fQg)
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PaivanTreidi
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December 15, 2018, 03:09:47 PM |
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LOL .
I see 4400 in 10 days.
I think we are all just seeing things at these levels though.
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LFC_Bitcoin
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Merit: 10059
#1 VIP Crypto Casino
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December 15, 2018, 03:11:00 PM |
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This is getting very, very reminiscent of the last bear market both price trajectory but also our very own WO thread activity. We’re going back to 2015 levels of posting. It’s totally dying in here which is possibly a good sign to tell you the bottom might be in or at least very close.
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gembitz
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 15, 2018, 03:11:18 PM |
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LOL .
I see 4400 in 10 days.
I think we are all just seeing things at these levels though.
track down the scammer pizza face extortionists? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) go go go *boom!*
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d_eddie
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Merit: 3329
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December 15, 2018, 03:13:37 PM |
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I have decided to write about what have been my errors during the past bull run and subsequent downtrend till now.
First and foremost, when the time comes take some fucking profits. It doesn't need to be huge and it certainly would vary depending the individual circumstances but take some. It will make you feel better during the bear trend. It may be as low as 5%, 10%.... maybe a bigger amount if you plan to "gamble" on rebuying later in the downtrend.
How do you know when the time has come? Well, hitting a perfect top is just a matter of luck but, hitting somewhere NEAR the top is much more easy:
- You start receiving calls from nocoiners that are now suddenly interested in investing. They usually ask you for advice on what coins are a good buy... because Bitcoin is already too expensive you know....
- Exchanges can't cope with the demand. The trading engines not only lag extremely, but the verification queue for new users are weeks or even months long. Some even stop accepting new users.
- You start to feel that the rise has reached completely ridiculous levels and it should implode.... But since you already thought that a few thousands ago... why would it not keep pumping much more? Yeah, you feel like you are going to be richer than your wildest dreams!
- You start to feel not only as if you did a great investment but as if you had just hit some fucking and totally undeserved big lotto prize.
- You feel that the price has come so much higher than you would have expected (in that short timeframe) that, even when the necessary "correction" comes, the bottom will still be so high that you won't care about not having sold ANY... Because, you know, this time (tm) Bitcoin is so well known and popular that price would not decimate, maybe not even halve (and of course that $10K you never expected to be broken so soon nor so easily will act as an ultimate support in the worst case, yeah!).
I could add more signals of when the top has been reached or is very near, but I guess that's more than enough to get the idea.
This is getting long, so I think I will better be writing this as a series of posts... Some ideas I have in mind about more mistakes I did and how to improve on them are:
- Realising you are in a clear downtrend and what to do during it. - Hedging with alts during the bullrun, near the top, and on the downtrend. Hedging with stablecoins (ie USDT). - Managing exchanges and FIAT ramps for profit (diversify risk and get them all ready well in advance)... - Lending
I am writing this as advice for my future self, but hope it gets useful to someone else. Will continue.
+1 WOsMerit Always sharp.
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_javier_
Member
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Offline
Activity: 444
Merit: 31
Still a manic miner
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December 15, 2018, 03:13:40 PM |
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I have decided to write about what have been my errors during the past bull run and subsequent downtrend till now.
First and foremost, when the time comes take some fucking profits. It doesn't need to be huge and it certainly would vary depending the individual circumstances but take some. It will make you feel better during the bear trend. It may be as low as 5%, 10%.... maybe a bigger amount if you plan to "gamble" on rebuying later in the downtrend.
How do you know when the time has come? Well, hitting a perfect top is just a matter of luck but, hitting somewhere NEAR the top is much more easy:
- You start receiving calls from nocoiners that are now suddenly interested in investing. They usually ask you for advice on what coins are a good buy... because Bitcoin is already too expensive you know....
- Exchanges can't cope with the demand. The trading engines not only lag extremely, but the verification queue for new users are weeks or even months long. Some even stop accepting new users.
- You start to feel that the rise has reached completely ridiculous levels and it should implode.... But since you already thought that a few thousands ago... why would it not keep pumping much more? Yeah, you feel like you are going to be richer than your wildest dreams!
- You start to feel not only as if you did a great investment but as if you had just hit some fucking and totally undeserved big lotto prize.
- You feel that the price has come so much higher than you would have expected (in that short timeframe) that, even when the necessary "correction" comes, the bottom will still be so high that you won't care about not having sold ANY... Because, you know, this time (tm) Bitcoin is so well known and popular that price would not decimate, maybe not even halve (and of course that $10K you never expected to be broken so soon nor so easily will act as an ultimate support in the worst case, yeah!).
I could add more signals of when the top has been reached or is very near, but I guess that's more than enough to get the idea.
This is getting long, so I think I will better be writing this as a series of posts... Some ideas I have in mind about more mistakes I did and how to improve on them are:
- Realising you are in a clear downtrend and what to do during it. - Hedging with alts during the bullrun, near the top, and on the downtrend. Hedging with stablecoins (ie USDT). - Managing exchanges and FIAT ramps for profit (diversify risk and get them all ready well in advance)... - Lending
I am writing this as advice for my future self, but hope it gets useful to someone else. Will continue.
Thanks for this awesome writeup. We all did the same mistakes. Thanks for putting them in so clear words. (Merit deserved, but i´m out of them)
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gembitz
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 15, 2018, 03:14:16 PM |
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This is getting very, very reminiscent of the last bear market both price trajectory but also our very own WO thread activity. We’re going back to 2015 levels of posting. It’s totally dying in here which is possibly a good sign to tell you the bottom might be in or at least very close.
bottom was @ $420 when i had evil biker gangs telling me btc was a scam... expect sub $1000 soon and hopefully stiff jail sentences for all the scammers (icos&tokens) ...then mabye we bounce\\\///\\/// ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) weeeeeeeee
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d_eddie
Legendary
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Merit: 3329
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December 15, 2018, 03:15:11 PM |
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This is getting very, very reminiscent of the last bear market both price trajectory but also our very own WO thread activity. We’re going back to 2015 levels of posting. It’s totally dying in here which is possibly a good sign to tell you the bottom might be in or at least very close.
How very close though? January's almost never been a good month, historically.
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AlcoHoDL
Legendary
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Activity: 2464
Merit: 4507
Addicted to HoDLing!
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December 15, 2018, 03:15:38 PM |
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Just came back from a trip overseas, and checked out WO. Man, too many pages to read. Just checked the last 3 pages... Price keeps dropping... Well, they ain't getting my coins for cheap... Will HoDL 'til it goes negative. BCH has nearly zeroed I see. BCH/BTC is ~0.024. Nice one for Ver & Wu. ![Kiss](https://bitcointalk.org/Smileys/default/kiss.gif) Keep HoDLing and keep believing. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.redd.it%2Fyzfa0py3snez.jpg&t=665&c=6x9AuO2vgjsz2g)
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d_eddie
Legendary
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Activity: 2590
Merit: 3329
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 15, 2018, 03:17:11 PM |
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This is getting very, very reminiscent of the last bear market both price trajectory but also our very own WO thread activity. We’re going back to 2015 levels of posting. It’s totally dying in here which is possibly a good sign to tell you the bottom might be in or at least very close.
bottom was @ $420 when i had evil biker gangs telling me btc was a scam... expect sub $1000 soon and hopefully stiff jail sentences for all the scammers (icos&tokens) ...then mabye we bounce\\\///\\/// ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) weeeeeeeee With all the wees and the annoying nonsense, there's something to be saved once in a while. I also think that a few exemplary sentences for obvious scams would be a good thing for mainstream finance adoption. Long overdue.
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LFC_Bitcoin
Legendary
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Activity: 3626
Merit: 10059
#1 VIP Crypto Casino
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 15, 2018, 03:18:29 PM |
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This is getting very, very reminiscent of the last bear market both price trajectory but also our very own WO thread activity. We’re going back to 2015 levels of posting. It’s totally dying in here which is possibly a good sign to tell you the bottom might be in or at least very close.
How very close though? January's almost never been a good month, historically. Maybe high $2000’s, there are people with very, very deep pockets around who will surely (at some point) think ‘fuck this, it’s way too cheap, I’m buying, buying, buying’.
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xhomerx10
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December 15, 2018, 03:21:20 PM |
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3 months averaging 2 pages a week on WO, is my guess. Maybe 2020. I'd be interested to see an analysis of the growth rate over time of the WO thread. Should be easy enough to chart by pulling off the timestamps. growth rate of hats,, ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) lol ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I would also like to have one of those hats, but my graphic design skills suck. Would anyone provide me with a hat for some Merit, featuring this dogebear? ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FlXZdJ6D.png&t=665&c=9muEvoMylr9GTA) I'm feeling a little sombre today and I think your hat is a manifestation of that. Please, no merit for this one; I prefer to be a starving artist. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FAbQDMdr.jpg&t=665&c=B2j6nZ6_WuFFlA) Avatar-sized ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FnxEeNdG.jpg&t=665&c=EqFXLkcibe8W9g)
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dogebearman
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December 15, 2018, 03:30:07 PM |
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3 months averaging 2 pages a week on WO, is my guess. Maybe 2020. I'd be interested to see an analysis of the growth rate over time of the WO thread. Should be easy enough to chart by pulling off the timestamps. growth rate of hats,, ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) lol ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I would also like to have one of those hats, but my graphic design skills suck. Would anyone provide me with a hat for some Merit, featuring this dogebear? ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FlXZdJ6D.png&t=665&c=9muEvoMylr9GTA) I'm feeling a little sombre today and I think your hat is a manifestation of that. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FnxEeNdG.jpg&t=665&c=EqFXLkcibe8W9g) Thank you so much, it's beautiful! Please, no merit for this one; I prefer to be a starving artist. As you wish ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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pönde
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December 15, 2018, 03:32:04 PM |
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Bakkt Futures to Launch on January 24, Presents Milestones Ahead AUTHOR: GUEST AUTHOR LAST UPDATED ON DEC 14, 2018 @ 20:46 UTC The owner of the New York Stock Exchange (NYSE) – the Intercontinental Exchange (ICE), announced back in August that it will be launching a global platform and an ecosystem for digital assets called Bakkt. The project is handled in collaboration with marquee companies such as Microsoft, BCG, Starbucks, and others. Speaking on the matter at the time, CEO Kelly Loeffler said that the platform is expected to launch in November 2018, subject to review and approval by the US Commodity and Futures Trading Commission. However, in a notice issued on October 22, ICE confirmed that the platform will launch with one month delay, pending approval from US regulators. In yet another push-back, ICE had posted an update that confirmed the platform will launch on January 24th as a new target date, as well as other updates. The reason for the delay is seemingly the same – regulators are yet to grant their approval. Bakkt Milestones Ahead Of The Launch The latest update from December 12 by ICE comes with a few important milestone targets which the platform should hit before the much-awaited deadline on January 24th. First and foremost, on December 17th, the team will have the Bitcoin reference data set up and ready for download in production. Just a day later, on the 18th, the project should have new digital assets multicast channels, while by the 10th of January, the clearing limits can be set up in production. Also, the recent announcement has also shed some clarity on the matter of trading the daily Bitcoin contracts. ICE outlines how the platform will handle markets for each subsequent day: Because the Bitcoin product is a daily contract, each day there will be a new market (i.e., market id) that becomes available as tradable on the exchange. Because of this behavior, we will list two subsequent days of markets that will be available in static data, but not tradable. Bakkt Paves the Way for Institutional Money According to CEO of LMAX Exchange, David Mercer, Bakkt’s 1-day futures contract which includes physically delivered bitcoin is an incrementally different and particularly important addition that the market has been looking for a long time. Additionally, CFTC-approved warehousing, as well as, enhanced security and a guarantee fund provides a much-needed custody solution. According to many, Mike Novogratz included, this is what institutional investors are looking for to get involved in the market. I think the next move up is going to need custody from a trusting source. It’s going to need a little more regulatory clarity. […] We wouldn’t take out $10,000 without those two things because that’s what brings the institutional investors in. But we’re going to get there. – Said Novogratz https://cryptopotato.com/bakkt-futures-to-launch-on-january-24-presents-milestones-ahead/Has this anything to do with real crypto or is this just banking cartel fake? They talk about physically delivered Bitcoin. Does that mean Bitcoin or fiat? Is this bakkt good or bad for crypto?
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