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Author Topic: Take advantage of this recent pull-back.  (Read 293 times)
Goprimexbt (OP)
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September 25, 2019, 03:17:23 PM
 #1

Hello fellow crypto traders,
  A few days ago I published an article "Is it worth the risk" on my blog and a few websites and I believe that it may contain some useful information pertaining to crypto and trading. Especially if you happened to be long yesterday and took a hit on that nasty pull-back. It costs nothing to check it out and a quick read. https://goprimexbt.com/2019/09/23/is-it-worth-the-risk/
Just might be the solution but you have to act fast.
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September 25, 2019, 05:07:19 PM
 #2

A clip from the article the OP posted:

Quote
Anyways, please position yourselves to capitalize to the max when Bitcoin takes off to its newest all-time highs $35,000-$50,000. If you don’t have enough capital to invest then I suggest signing-up for a wallet like PrimeXBT. Even with just $100 you can take advantage of the 100X leverage and BUY a FULL BITCOIN.

What does everybody think of this??  This sounds like putting a carrot on a stick in front of a bunch of hungry donkeys.
exstasie
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September 25, 2019, 06:16:40 PM
 #3

A clip from the article the OP posted:

Quote
Anyways, please position yourselves to capitalize to the max when Bitcoin takes off to its newest all-time highs $35,000-$50,000. If you don’t have enough capital to invest then I suggest signing-up for a wallet like PrimeXBT. Even with just $100 you can take advantage of the 100X leverage and BUY a FULL BITCOIN.

What does everybody think of this??  This sounds like putting a carrot on a stick in front of a bunch of hungry donkeys.

The OP, "Goprimexbt?" Sounds like some hardcore shilling by the site owner. Wink

"Buy a full bitcoin?" Sure, on leverage, where you can't withdraw it. And your 0.01 BTC is about to get liquidated because all it takes is a 1% move! Or maybe even less due to maintenance margin policy.

Don't touch 100x, or even 20x really.

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September 25, 2019, 06:59:14 PM
 #4

A clip from the article the OP posted:

Quote
Anyways, please position yourselves to capitalize to the max when Bitcoin takes off to its newest all-time highs $35,000-$50,000. If you don’t have enough capital to invest then I suggest signing-up for a wallet like PrimeXBT. Even with just $100 you can take advantage of the 100X leverage and BUY a FULL BITCOIN.

What does everybody think of this??  This sounds like putting a carrot on a stick in front of a bunch of hungry donkeys.
Another shilling for PrimeXBT.  Grin

I love the introduction though but as expected for these intros that do have some corresponding shill afterwards.
Its true that long positions been hit up and lots being wrecked but as said this is indeed a good position to re-entry but
I would entrust my funds to this primexbt.Ill go rather with Bitmex instead.
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September 25, 2019, 07:15:55 PM
 #5

What does everybody think of this??
It's terrible advice. Firstly, 0.01 BTC on 100x leverage is not even remotely the same as "buying a full bitcoin". Secondly, if you had done as OP suggests as soon as he started this topic and went and bought $100 of BTC on 100x leverage, your position would have remained open for a grand total of about half an hour before being liquidated and you losing everything.

The OP, "Goprimexbt?" Sounds like some hardcore shilling by the site owner.
All the links in the article include a reference code, so I don't think it's the site owner, just a naive/malicious user trying to lure other people with terrible advice to benefit from referral rewards.
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September 27, 2019, 08:18:47 AM
 #6

I agree mainly with the title and some point stated in the article. The current pullback is currently giving a good opportunity to some people who thought they have missed the boat. No one really missed it, but truth be told some have better positions than that of other people. I would say that anything below $10k is still a good buy long-term, but I wouldn’t go far into it by putting random numbers out of thin air to justify my side.

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September 27, 2019, 09:39:03 AM
 #7

But, why only Bitcoin? Many currencies are increasing their value this year. Thanks for the article but, I think is necessary to talk about all the currencies.


Its because BTC has proven its value

I'm not actually against other coins as I am also holding a reputable coins

Being said that coin reputation and its value are a major considerations for investments

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September 27, 2019, 12:35:59 PM
 #8

But, why only Bitcoin? Many currencies are increasing their value this year. Thanks for the article but, I think is necessary to talk about all the currencies.

For example, this year has been very good for mintme and mintme coin. We are in this and we have learned how to negotiate. And I see a promising future for mintme project
he only talks about bitcoin because bitcoin has a high trading volume and most of them are held by whales. The whales will never let people decide the price of bitcoin, they will definitely pump in the future and that is why he only mentioned bitcoin.

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September 27, 2019, 01:34:43 PM
 #9

But, why only Bitcoin? Many currencies are increasing their value this year. Thanks for the article but, I think is necessary to talk about all the currencies.

For example, this year has been very good for mintme and mintme coin. We are in this and we have learned how to negotiate. And I see a promising future for mintme project
he only talks about bitcoin because bitcoin has a high trading volume and most of them are held by whales. The whales will never let people decide the price of bitcoin, they will definitely pump in the future and that is why he only mentioned bitcoin.
We can't simply say most bitcoins were owned by whales,they have enough amount to stir the market and do manipulation but still most owned by many people who don't have to act as how the whales want.In future the bitcoins will get diluted once more people get adopted but still people need to help the adoption and hold as long as you can.









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September 27, 2019, 03:03:37 PM
 #10

Yup we must take advantage the pull back because every fluctuation there's always a chance it will bounce back afterwards without knowing.  But I'm not saying we should focus in long term because market isn't stable wherein it's very dangerous for us to stay in the line. So we must be aware also and prefer to gain quick to at least there's a opportunity to accumulate profits despite of the volatility. .
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September 27, 2019, 03:10:03 PM
 #11

It feels like there is a little nip in the air, like another crypto winter is on it's way...
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September 27, 2019, 03:20:58 PM
 #12

The pull back wasn't that drastic to make a meal out of the situation and it has started to show recovery instinct, and the year is all most up so I don't see bitcoin getting to $15000 this year anymore, probably sometime next year
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September 27, 2019, 03:28:03 PM
 #13

It was the strongest pull back in the past couple years.  Longer-term price movements have changed to bearish.
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September 27, 2019, 03:40:05 PM
 #14

The pull back wasn't that drastic to make a meal out of the situation and it has started to show recovery instinct, and the year is all most up so I don't see bitcoin getting to $15000 this year anymore, probably sometime next year
We should have to be considerate also, not just by eating such a meal but we are having this chance, and why not have to grab this? 
Well, I don't see any basis that we could have a chance to reach for $15k or $20k...it is big enough to see the entire market moving up for at least 2%. It is already a satisfying and fair price for me. Well, I don't know the others.

R


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September 27, 2019, 03:53:22 PM
 #15

The pull back wasn't that drastic to make a meal out of the situation and it has started to show recovery instinct, and the year is all most up so I don't see bitcoin getting to $15000 this year anymore, probably sometime next year
$15000 isn't that impossible to reach before 2019 ends, hopefully it would. The recent market situation is a big opportunity to grab for now as market is showing recovery right after it went down, profit is possible for average investors. I guess this was just a whale trap set up with the launch of BAKKT to make people not to give a shot on BAKKT. What do you think of it ?
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September 27, 2019, 11:55:27 PM
 #16

the article you provided only contained about 100 times the leverage when trading, I thought about your suggestion to invest in bitcoin, because at the beginning of the article you said bitcoin,
Now we just have to wait for Bitcoin to complete its pullback, because the pullback done by Bitcoin in September is very long.
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September 28, 2019, 05:31:21 AM
 #17

A clip from the article the OP posted:

Quote
Anyways, please position yourselves to capitalize to the max when Bitcoin takes off to its newest all-time highs $35,000-$50,000. If you don’t have enough capital to invest then I suggest signing-up for a wallet like PrimeXBT. Even with just $100 you can take advantage of the 100X leverage and BUY a FULL BITCOIN.

What does everybody think of this??  This sounds like putting a carrot on a stick in front of a bunch of hungry donkeys.

100X it's the greatest scam in the world, why?

People use to think it's easy not to get burned by 1% price movement, hah! specially in crypto.

But they don't read between lines, because you need some percentage of your position to open a margin, it's something like.. 0.45% of the position..


if you get liquidated at 1% that means when you open a 100X position you at the same time are about to get liquidated if the price move against you by 0.55%

it's tricky.. but that's the way bitmex and other platforms that offer leveraged, make their money.

and this is only the first part, I'm not taking into account the fees you need to pay for maintaining a leveraged position open.

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September 28, 2019, 06:33:24 AM
 #18

The pull back wasn't that drastic to make a meal out of the situation and it has started to show recovery instinct, and the year is all most up so I don't see bitcoin getting to $15000 this year anymore, probably sometime next year
I also agree with you. The owner's topic blog seems to be heading towards expectations. I felt that he was only expecting a bull run and did not feel that he was analyzing practically. With Bitcoin's current bad chart, it will be very difficult or impossible to reach $ 15k by the end of this year.

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September 28, 2019, 11:11:57 AM
 #19

The pull back wasn't that drastic to make a meal out of the situation and it has started to show recovery instinct, and the year is all most up so I don't see bitcoin getting to $15000 this year anymore, probably sometime next year
I also agree with you. The owner's topic blog seems to be heading towards expectations. I felt that he was only expecting a bull run and did not feel that he was analyzing practically. With Bitcoin's current bad chart, it will be very difficult or impossible to reach $ 15k by the end of this year.
aa
A clip from the article the OP posted:

Quote
Anyways, please position yourselves to capitalize to the max when Bitcoin takes off to its newest all-time highs $35,000-$50,000. If you don’t have enough capital to invest then I suggest signing-up for a wallet like PrimeXBT. Even with just $100 you can take advantage of the 100X leverage and BUY a FULL BITCOIN.

What does everybody think of this??  This sounds like putting a carrot on a stick in front of a bunch of hungry donkeys.


Haha, The excerpt doesn't mention the risks aligned with using a 100X leverage margin Smiley Except you're comfortable with losing $100 that is. Aside from OP's Predictions, I do feel Bitcoin would one day – At the very least, Attain a price of $30K or even more. But then, We can't say for sure what comes next.

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September 28, 2019, 11:37:25 AM
 #20

I agree mainly with the title and some point stated in the article. The current pullback is currently giving a good opportunity to some people who thought they have missed the boat. No one really missed it, but truth be told some have better positions than that of other people. I would say that anything below $10k is still a good buy long-term, but I wouldn’t go far into it by putting random numbers out of thin air to justify my side.

I agree with you.Below $10,000 is a good entry point. The lower the better, and this recent bearish market is a good entry point but be cautious as it may go down further.Just enter in staggered positions and always look out for news and market movement.

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