Bitcoin Forum
June 25, 2019, 11:01:27 PM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 [4]  All
  Print  
Author Topic: My strategy for when Bitcoin price is going down  (Read 3594 times)
TheButterZone
Legendary
*
Offline Offline

Activity: 2492
Merit: 1010


Pay with SegWit!


View Profile WWW
September 04, 2014, 06:39:11 PM
 #61

Trend trading is no different than day trading it can always backfire in your face and you can lose a lot of money as a buy rally will happen randomly and it can catch you while you sleep. Thats like 8 hours minimum daily you are risking + more if you are not monitoring the market constantly.

https://play.google.com/store/apps/details?id=br.eti.fml.satoshi&hl=en Bitcoin Paranoid - set alerts for various thresholds of price movement, and let it wake you up when your device is plugged into its charger.

Saying that you don't trust someone because of their behavior is completely valid.
1561503687
Hero Member
*
Offline Offline

Posts: 1561503687

View Profile Personal Message (Offline)

Ignore
1561503687
Reply with quote  #2

1561503687
Report to moderator
1561503687
Hero Member
*
Offline Offline

Posts: 1561503687

View Profile Personal Message (Offline)

Ignore
1561503687
Reply with quote  #2

1561503687
Report to moderator

Mine RVN and with 0% mining fees and get paid in BTC, ETH, XMR or RVN.

www.cudominer.com Get Cudo Miner
Auto coin switching, third-party miners, overclocking and remote management (Win/Linux)
Run from a USB stick or install from an ISO image (Linux)
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1561503687
Hero Member
*
Offline Offline

Posts: 1561503687

View Profile Personal Message (Offline)

Ignore
1561503687
Reply with quote  #2

1561503687
Report to moderator
wasserman99
Sr. Member
****
Offline Offline

Activity: 476
Merit: 250



View Profile
September 04, 2014, 11:02:53 PM
 #62

Trend trading is no different than day trading it can always backfire in your face and you can lose a lot of money as a buy rally will happen randomly and it can catch you while you sleep. Thats like 8 hours minimum daily you are risking + more if you are not monitoring the market constantly.

https://play.google.com/store/apps/details?id=br.eti.fml.satoshi&hl=en Bitcoin Paranoid - set alerts for various thresholds of price movement, and let it wake you up when your device is plugged into its charger.
The price of bitcoin is very volatile. Unless you set the thresholds to be a large percentage from the current price, it would not be uncommon for your "alarm" to be set off several times per day. If you are woken up in the middle of the night the potential for profit could already be gone by the time you wake up and boot up your computer/laptop.

EDIT: also if you have a significant other I can say with a good amount of certainty that s/he will not like this idea.

Pages: « 1 2 3 [4]  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!