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katafrag
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November 02, 2015, 10:01:19 PM |
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I expect around 370 to be hard resistance for today, but some of the previous bearish divs (sub-daily MACD, volume) just got wiped out as well, so I'm even less convinced this is the end of it, mid-term.
peking waking up in a few hours this is just a starter |
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meh32123
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November 02, 2015, 10:11:07 PM |
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Great price to sell?
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masterluc (OP)
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November 02, 2015, 10:14:21 PM |
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Great price to sell?
Yeah in short term, above all existing positive standard deviations ) |
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masterluc (OP)
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November 02, 2015, 11:14:12 PM |
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Last portion of BTC unloaded =) out of ammo =)
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klee
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Merit: 1000
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November 02, 2015, 11:20:37 PM |
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Last portion of BTC unloaded =) out of ammo =)
My bid is 336$ at Bitstamp - where do you plan to enter again? Do you think 320-325 will be tested? |
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dmwardjr
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Technical Analyst/Trader
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November 02, 2015, 11:28:30 PM |
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Last portion of BTC unloaded =) out of ammo =)
My bid is 336$ at Bitstamp - where do you plan to enter again? Do you think 320-325 will be tested? Careful of a bear trap. |
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klee
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November 02, 2015, 11:30:25 PM |
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Last portion of BTC unloaded =) out of ammo =)
My bid is 336$ at Bitstamp - where do you plan to enter again? Do you think 320-325 will be tested? Careful of a bear trap. If it breaks out again I will buy back. |
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masterluc (OP)
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November 02, 2015, 11:40:36 PM |
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If it breaks out again I will buy back.
Parabolic uptrend is not designed to buy in but sell into. |
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BTCtrader71
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November 02, 2015, 11:50:20 PM |
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If it breaks out again I will buy back.
Parabolic uptrend is not designed to buy in but sell into. What's the risk of being left behind? There are price points during the late 2013 rise that were never revisited (until well after the ATH that is.) |
BTC: 14oTcy1DNEXbcYjzPBpRWV11ZafWxNP8EU
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masterluc (OP)
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November 03, 2015, 12:08:56 AM |
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What's the risk of being left behind? There are price points during the late 2013 rise that were never revisited (until well after the ATH that is.)
You could make risk being behind much smaller if you sell above some list of standard deviations. The risk being rekt is much higher when you buy above deviations. At parabolic rise you should enter in corrections, not in trending. Better do not enter anyway in long during dramatic price rise - you should be already in long. Price drops - buy. Price rises - sell. But you should know entrance points. |
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pontikis13
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November 03, 2015, 12:12:50 AM |
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I'm 100% fiat. What's next masterluc?
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masterluc (OP)
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November 03, 2015, 12:21:09 AM |
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I'm 100% fiat. What's next masterluc?
When you finished great or (especially) bad trade you should go rest/beer/friends/whores/family. Anything but not trade. Stay away from trade. When emotions will calm, start to think what next. |
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pontikis13
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November 03, 2015, 12:24:25 AM |
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I'm 100% fiat. What's next masterluc?
When you finished great or (especially) bad trade you should go rest/beer/friends/whores/family. Anything but not trade. Stay away from trade. When emotions will calm, start to think what next. Well I closed my longs in the 311-320 range. Considered buying back in at 305 but hesitated. Then missed the train. I'm not going to make any emotional decisions that's why I'm asking you your opinion to get a more logical approach. Thanks |
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masterluc (OP)
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November 03, 2015, 12:43:09 AM |
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Re read my post. You think you missed train, you have a greed to buy more. You have a fear to loose some btc. You have a greed and fear and you say don't have emotions now which will drive decisions?
If you lie to yourself about yourself, stay away from trading.
You ask probably where to buy back. I give you more - I tell how to control yourself. What you think now about future of price is illusion powered by greed and fear. Go rest until they gone.
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RyNinDaCleM
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Legen -wait for it- dary
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November 03, 2015, 12:46:10 AM |
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Re read my post. You think you missed train, you have a greed to buy more. You have a fear to loose some btc. You have a greed and fear and you say don't have emotions now which will drive decisions?
If you lie to yourself about yourself, stay away from trading.
You ask probably where to buy back. I give you more - I tell how to control yourself. What you think now about future of price is illusion powered by greed and fear. Go rest until they gone.
QFT Extremely well put luc! |
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pontikis13
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November 03, 2015, 12:51:16 AM |
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Actually I'm more interested in your thoughts in general. Even if they are simply along the lines of "let's wait and see". I'm of the opinion that since the scaling issue hasn't been resolved, this is probably a pre auction pump that will get dumped soon. So I don't think we can go much higher than this. Do you think it will be a slow downtrend from here? Do you believe we will be revisiting near 200$ price? On the other hand how far up do you think this rally can go? And finally would it be a good idea to buy a small portion of coins as a hedge just in case of a lift off or do you think that's not worth it?
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micheline
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November 03, 2015, 12:59:47 AM |
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Actually I'm more interested in your thoughts in general. Even if they are simply along the lines of "let's wait and see". I'm of the opinion that since the scaling issue hasn't been resolved, this is probably a pre auction pump that will get dumped soon. So I don't think we can go much higher than this. Do you think it will be a slow downtrend from here? Do you believe we will be revisiting near 200$ price? On the other hand how far up do you think this rally can go? And finally would it be a good idea to buy a small portion of coins as a hedge just in case of a lift off or do you think that's not worth it?
I don't think it's a pre auction pump - simply too much volume. But either way the rate of ascent doesn't look too sustainable. But considering that we are dealing with Bitcoin here it is perfectly normal at the same time..  So l just put my prediction here: 1. Quick rise into the $400-450 range. 2. Quick drop into the $300-350 range. 3. Several weeks of sideways movement. |
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jehst
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November 03, 2015, 01:17:56 AM |
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I don't think it's a pre auction pump - simply too much volume. But either way the rate of ascent doesn't look too sustainable. But considering that we are dealing with Bitcoin here it is perfectly normal at the same time.. So l just put my prediction here: 1. Quick rise into the $400-450 range. 2. Quick drop into the $300-350 range. 3. Several weeks of sideways movement. Add more violence. It's going to be more violent than that. |
Year 2021
Bitcoin Supply: ~90% mined
Supply Inflation: <1.8%
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bassclef
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November 03, 2015, 01:29:17 AM |
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If it breaks out again I will buy back.
Parabolic uptrend is not designed to buy in but sell into. Why not use a trailing stop in this case? Then if price goes crazy you can still profit, but if it starts to fall profits are protected. |
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dmwardjr
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Technical Analyst/Trader
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November 03, 2015, 01:30:45 AM |
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One fact is for certain: Someone among you will be able to say, "I told you so." |
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