Thanks for your thoughts. Are you shorting this range or are you just not touching it and placing low bids?
I did short at 380 when I got the insight.
After that I pretty much had winning trades every few days and no losses.
Part of the reason why I think this will hold is that this is a tough range to continue shorting... at some point people are going to need to exit their positions, after all.
I did some leveraged shorting higher up, but now I just wait in fiat or buy some when they are cheap (305).
BUT... shorts are through the roof. So thank you... I have definitely been wondering if somebody is seeing something that I'm not or if they've just gotten carried away. I shorted last night around 330 and was happy I did so... I just don't feel all Armageddon-ie this time. Definitely will be watching very, very closely and carefully.
Don't listen too much to me, I'm just a tiny tiny tiny bit of this market. I just happen to have some winning trades lately.
Mid-term... next few months... I do think we will see lower lows, though. Adoption is weak.
Nope, we probably have seen the bottom already (275), or chance to buy some coins at almost the same price or a tiny bit lower (250ish).
I think (no, I'm totally convinced) early January will give us the bottom for 2015 and beyond.
If I'm wrong I probably stop trading for a while and analyze where it went wrong.
Poll
