who is dumping 2.5k bitcoins now?

[wachtwoord]

Traders who are satisfied with getting more than 15% profit in a week?
That's an awesome short-term trade, really, we can't blame them.

1st reply = correct answer.

There's still hope for this forum

If this were true they wouldn't dump it all at once but sell gradually.

Why? Many traders have profit targets, but also like let a profitable position ride as long as possible. Someone has to take the first step, (i.e. take the actual profit), which triggers a) others to take profit as well (their long position won't ride much longer), and b) pure momentum traders.

Slippage is the reason. Of course this are likely many people as you say, but if this is "someone" dumping 2.5k BTC he's not acting rationally.

I really don't know what makes you say that.

I don't know your volume, but did you ever trade (on, say, stamp) actively trying to avoid/minimize slippage? It's harder than you think.

If I split up my own orders, the market often "runs away" in the meantime, if I don't split them up, I incur high, but predictable slippage (I can say pretty much with certainty how high my slippage will be, on average).

Anyway, I don't see how "rational" or not factors in here at all... how is taking a 20% profit "irrational"? Because if the actor wouldn't have sold, we would be even higher? That's not a way to argue in an n-player game like a market.

Split 2.5k over 48 hours and I'm sure you'll do much better.

[1714858508]

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[1714858508]

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[1714858508]

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[1714858508]

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[oda.krell]

Split 2.5k over 48 hours and I'm sure you'll do much better.

Different trading styles, then. I often don't know 48 hours in advance if I want to buy or sell.

[wachtwoord]

Split 2.5k over 48 hours and I'm sure you'll do much better.

Different trading styles, then. I often don't know 48 hours in advance if I want to buy or sell.

I don't day-trade at all. 48 hours is way too short a trading time for me. 48 hours to liquidate 2.5k BTC if you need to diversify would be the absolute minimum for me (I don't have anything near 2.5k BTC though).

[oda.krell]

Split 2.5k over 48 hours and I'm sure you'll do much better.

Different trading styles, then. I often don't know 48 hours in advance if I want to buy or sell.

I don't day-trade at all. 48 hours is way too short a trading time for me. 48 hours to liquidate 2.5k BTC if you need to diversify would be the absolute minimum for me (I don't have anything near 2.5k BTC though).

Me neither (on both parts :D)

I don't "daytrade", but I do trade swings, and while I'm sure the more talented traders (like lucif) can often see the signs in advance, I usually have to wait for confirmation in the form of trends being touched or broken, i.e. I can't tell 48h in advance.

So if I see signals that make me believe we're in for a, say, 10-15% swing, and I know in advance I will incur, say, 2*2% slippage on the trade pair, I might still take it (if I am sufficiently sure about the swing going in the right direction, and far enough, of course).

[YipYip]

Traders who are satisfied with getting more than 15% profit in a week?
That's an awesome short-term trade, really, we can't blame them.

1st reply = correct answer.

There's still hope for this forum

If this were true they wouldn't dump it all at once but sell gradually.

Agreed ... there was 3 shakes of the tree taking out all leveraged longs on both

bitfinex
500plus.com


like how they took it to 550 so as to not scare the market too much...lolz

Seems like a rigged carny game to me

Go old school and buy coinz OG style ..i.e buy real ones and HODL

[RandomPedestrianN9]

Pump and dump.

[dropt]

Pump and dump.

Is that what your dad did to your mom?

[RandomPedestrianN9]

Pump and dump.

Is that what your dad did to your mom?

Its what i did to your mom.

[dropt]

Pump and dump.

Is that what your dad did to your mom?

Its what i did to your mom.

My mother's dead; did you exhume her body to have your way?

[jamesc760]

yeah, I heard RPN9 is a known necrophiliac. Stay away.

[wachtwoord]

Pump and dump.

Is that what your dad did to your mom?

Its what i did to your mom.

My mother's dead; did you exhume her body to have your way?

The quality of this forum get's better every day it seems ...

[RandomPedestrianN9]

Pump and dump.

Is that what your dad did to your mom?

Its what i did to your mom.

My mother's dead; did you exhume her body to have your way?

The quality of this forum get's better every day it seems ...

Thats what a woman who happens to be your biological mother said.

[serenitys]

I guess I'm in the latecomer category, but I jumped in at the end of the $300 and to mid $400s so it's been nice seeing it go above $500.

I will say this: I might be relatively new but I'm not stupid, nor am I a big risk taker...not in this or anything else. I seem that way to others who assume I'm oblivious to risk and impulsive but it's not the case. I research, observe, calculate and learn before making a move and I don't yap about it while I'm deliberating. So people see silence...silence...silence...BIG ASS MOVE....silence...silence... etc so to them it appears radical.

Just how I go about things. I'm not a long time expert here but I know that bitcoin has real world value and that it isn't waiting to be adopted, it IS already being adopted and that adoption is growing, and the adoption is going to continue. I realize there will be drops and rises and there will be bad news that scares people and always idiots who don't know what they're talking about - and I see bitcoin swimming through all that and continuing about its business of being useful, and its value going up.

That said, to you all who seriously think the price is going below $400, you're just full of shit. All there is to it.

Whether you're horsing around and trolling or actually that low watt remains to be seen but anyone who seriously doesn't recognize the potential value from current adoption and who sells out or keeps harping "bitcoin is doomed" is just a dumbass in my book and not worth listening to.

$300 below?

My ass.    

[falllling]

$565 we are going down!

[Skele]

Split 2.5k over 48 hours and I'm sure you'll do much better.

Different trading styles, then. I often don't know 48 hours in advance if I want to buy or sell.

I don't day-trade at all. 48 hours is way too short a trading time for me. 48 hours to liquidate 2.5k BTC if you need to diversify would be the absolute minimum for me (I don't have anything near 2.5k BTC though).

The better way would be dumping around 200 btc on each pump peak, but dont forget that sell could have been made via leverage on some trading platforn, i mean if someone closed his order and took profit, then he doesnt care about what happens on the exchange.

[wachtwoord]

Split 2.5k over 48 hours and I'm sure you'll do much better.

Different trading styles, then. I often don't know 48 hours in advance if I want to buy or sell.

I don't day-trade at all. 48 hours is way too short a trading time for me. 48 hours to liquidate 2.5k BTC if you need to diversify would be the absolute minimum for me (I don't have anything near 2.5k BTC though).

The better way would be dumping around 200 btc on each pump peak, but dont forget that sell could have been made via leverage on some trading platforn, i mean if someone closed his order and took profit, then he doesnt care about what happens on the exchange.

Of course he does, as the slippage is included in the account of the provider of leverage (Bitfinex probably).

[falllling]

huge 5k dumped!

[falllling]

these dumps almost broke $600, the down trend is coming soon

[JimboToronto]

these dumps almost broke $600, the down trend is coming soon

Welcome to Shroomsie's ignore list.

 

[TERA]

aliens.

bitcoin was seen as competition to the intergalactic cryptocurrency they had already established.