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JimboToronto
Legendary
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Activity: 4046
Merit: 4603
You're never too old to think young.
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Over $12.2k and nobody cares?
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Toxic2040
Legendary
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Activity: 1792
Merit: 4141
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October 21, 2020, 03:34:07 AM |
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philipma1957
Legendary
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Activity: 4158
Merit: 8055
'The right to privacy matters'
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October 21, 2020, 03:34:37 AM |
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Over $12.2k and nobody cares?
I do!
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LFC_Bitcoin
Legendary
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Activity: 3570
Merit: 9811
#1 VIP Crypto Casino
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Over $12.2k and nobody cares?
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Lambie Slayer
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October 21, 2020, 03:44:57 AM |
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We are long overdue for a 1k daily green candle. That will get the real party started.
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xhomerx10
Legendary
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Activity: 3878
Merit: 8266
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PoolMinor
Legendary
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Activity: 1843
Merit: 1338
XXXVII Fnord is toast without bread
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October 21, 2020, 04:34:46 AM |
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$12,314
Almost there, at 12,5 I go full Bull-Tard!
I will then start posting trains and rockets again.
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bitebits
Legendary
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Activity: 2219
Merit: 3249
Flippin' burgers since 1163.
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October 21, 2020, 05:16:21 AM |
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The Great decoupling TM(Gold, S&P 500, Bitcoin and eth, 12 Oct - 20 Oct)
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JayJuanGee
Legendary
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Activity: 3752
Merit: 10432
Self-Custody is a right. Say no to"Non-custodial"
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October 21, 2020, 05:19:17 AM |
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10000€ yesterday.
I decided to stop my experiment "trading" BTC, after 6 months. It worked about as intended, if the price goes back to what it was in April, I will have grown the starting capital both in BTC and EUR, but my hodler self is taking over so I don't want to sell anymore BTC. I have cancelled all my sell orders and only kept my buy orders. I have a decent EUR stash to buy BTC when/if it goes down again. Next time I do some trading I will probably start with EUR only, with the goal to only grow the EUR stash (and spend the gains buying BTC, for example).
Overall I think I sold less BTC than I would have otherwise, because pumps always made my heart pump, while with this strategy ups and downs led to excitement, but I've had enough excitement for a while. And I believe more and more, with what's happening with central banks, that BTC is destined to go to 6 digits in a few years at most.
I am glad that you have assessed that you have learned from this process and that you believe engaging in such process has likely caused you to sell less BTC overall than what you would have without such strategy. Still sounds that you structured such overall strategy in a way that was overly emphasizing betting on down and also in that regard selling too much, too soon BTC on the way up.. But, hey, if in the end you learned from the whole process, that is good, and perhaps you might be able to employ again in the future and/or tweak some more in order to make such process even more valuable to your own particular situation.
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ivomm
Legendary
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Activity: 1862
Merit: 2889
All good things to those who wait
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October 21, 2020, 05:24:37 AM |
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Despite the pathetic attempt to avoid the margin call, over $20 mil shorts have just been liquidated on mex. And many more on the remaining derivate exchanges. Bulls should take easily $12K resistance now... Wait for it ... It is good to wake up and see that my SOMA prophecy has been fulfilled. $12K is 60% of the last ATH. An important resistance for the bulls which now can be made into a support. Will the bears try to test it, or they are completely shattered with the last 8 hours 30 mil mex only shorts liquidations? Let's see... but this time I really have a good feeling about it, that the remaining days of 2020 could turn to be quite bullish with series of AYH's incoming.
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Toxic2040
Legendary
Offline
Activity: 1792
Merit: 4141
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October 21, 2020, 05:36:49 AM |
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Despite the pathetic attempt to avoid the margin call, over $20 mil shorts have just been liquidated on mex. And many more on the remaining derivate exchanges. Bulls should take easily $12K resistance now... Wait for it ... It is good to wake up and see that my SOMA prophecy has been fulfilled. $12K is 60% of the last ATH. An important resistance for the bulls which now can be made into a support. Will the bears try to test it, or they are completely shattered with the last 8 hours 30 mil mex only shorts liquidations? Let's see... but this time I really have a good feeling about it, that the remaining days of 2020 could turn to be quite bullish with series of AYH's incoming. SO its your fault...and here I was trying to blame bitebits hmmph anyway..new yearly highs do seem possible #dyor 4h D #stronghands
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JayJuanGee
Legendary
Offline
Activity: 3752
Merit: 10432
Self-Custody is a right. Say no to"Non-custodial"
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October 21, 2020, 05:56:04 AM Last edit: October 21, 2020, 08:03:39 AM by JayJuanGee Merited by El duderino_ (2) |
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Craving for 14 k today
I will settle for over $12,000 by the time I wake up tomorrow, it’s time for an AYH! Bitcoin trading dominance hits 2017-levels not seen since $20,000 BTC The Bitcoin trading dominance has hit a three-year high for the first time since BTC hit its all-time high price of almost $20,000. source: https://cointelegraph.com/news/bitcoin-trading-dominance-hits-2017-levels-not-seen-since-20-000-btcwell $15k, $18k and $20k break out most of hits $20k 2017-levels nearly. not sure but likely true one day happy year 2020 break out $20k. Of course, it is interesting to look at coin market cap for shits adn giggles from time to time, but it is not a very meaningful measurement in terms of trying to figure out whether bitcoin is valuable or the extent to which bitcoin is valuable.. so some people get deceived by their looking at the shadows on the wall of the coinmarket cap cave and into failing to buy bitcoin a meaningful amount of bitcoin, waiting to buy bitcoin or selling too many bitcoins too soon because they use coinmarket cap as if it were some kind of meaningful indicator of bitcoin value compared to more than 7k shitcoins. The Great decoupling TM(Gold, S&P 500, Bitcoin and eth, 12 Oct - 20 Oct)
I must have missed that.... especially since king daddy was never coupled... go figure? Edit: I realize that the above chart compares bitcoin to gold and equities and also included ETH in there, too... My above comment was mostly aimed at the gold and equities correlation nonsense which has largely been whimsically spouted out since about March of this year - and of course, having parallels short-term spouting events in various parts of bitcoin's history, too.. especially if bitcoin might be in a short-period of consolidation.. and/or rebalancing...
Ethereum, on the other hand, is a wee bit of a different story, as an asset class.. because largely ethereum and other shitcoins have been a lot more correlated to bitcoin, and any possibility of their success largely depends upon bitcoin providing them cover. So the analysis of the correlation, or lack thereof, of ethereum and other shitcoins to bitcoin is somewhat different from such analysis of those more mature assets of gold and stocks.
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nutildah
Legendary
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Activity: 3024
Merit: 8150
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October 21, 2020, 06:31:58 AM |
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El duderino_
Legendary
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Activity: 2548
Merit: 12367
BTC + Crossfit, living life.
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October 21, 2020, 07:48:51 AM |
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Let me have this for a start.... In a completely empty COVID-mall
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