Globb0
Legendary
 Offline
Activity: 2520
Merit: 2019
Orthostatic Tremor 16k
|
 |
November 20, 2020, 10:55:30 PM |
|
When to go long though? Margin is risky.
where do yo set the stop? a trailing one?
Whales have a way of messing you up with spikes.
|
|
|
|
|
|
|
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
|
|
|
|
|
|
|
explorer
Legendary
Offline
Activity: 1764
Merit: 1237
|
|
November 20, 2020, 11:07:47 PM |
|
When to go long though? Margin is risky.
where do yo set the stop? a trailing one?
Whales have a way of messing you up with spikes.
No stops. Its how I roll. Draw some lines, pick a number, add a bit for insurance, and take the BTC. IMO long at any point down from here is good enough. I know from experience that I won't catch the bottom with any weight, so very soon I will go long with about half, and add to it progressively (hopefully all on the way down, and not in a panic on the way up lol) Even it if takes a few months to get back to green, it is profitable, but I don't expect that to be the case. The down side is vastly diminished at this point. If I have to shore up my collateral as it dips to unthinkable levels, I will double down and profit more. If it dies alltogether, and never comes back up, well the XMR I staked is worthless anyway, isn't it? win-win, or lose-lose. |
|
|
|
|
Hueristic
Legendary
Offline
Activity: 2646
Merit: 1941
Doomed to see the future and unable to prevent it
|
|
November 21, 2020, 02:52:01 AM |
|
Yep. When I close the short I'm flipping full margin long, and just ride out what's left of the dip, and see how long I can keep my fingers out of it for. What fun it was to find some bits and pieces still on polo after my hiatus.
There's .006414...
I got a letter saying my funds on Polo were with the treasurers office in a state I don't reside in and it was only 66% of what I had there sold at the bottom converted to usdt. Thats one way I know they were orchestrating dumps when Goldmann Ballsacks owned Polo. When to go long though? Margin is risky.
where do yo set the stop? a trailing one?
Whales have a way of messing you up with spikes.
I always make sure price can drop 40% before liquidation and have only been called once when there was fuckery going on during BTC fork. |
“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
|
|
|
explorer
Legendary
Offline
Activity: 1764
Merit: 1237
|
|
November 21, 2020, 08:50:18 AM |
|
cAPSLOCK, any update on your USD:XMR chart?
|
|
|
|
|
elrippos friend
Full Member
Offline
Activity: 1145
Merit: 177
only hodl what you understand and love!
|
|
November 21, 2020, 09:09:11 AM |
|
Yeah, low 0.06x seems reasonable, but in an active subject to such wild changes, I'd rather not take too many chances, I have entered at half load. If it does go down as elrippo predicts, I'll buy the other half. But I don't want to get excluded from the trip up just because a few whales decide to do something funny.
0.006434 (binance) is officially low .006x already. I bought with half of my allotted BTC in the .007's for the same reasons, but my margin account is still short  I guess now is not the time to go to work. According to elrippos friend I will have to let a couple jobs float until December, just to be sure. Working is a poor life choice anyway  In my world 0,0064x is mid 0,006x but fine for me to call it lowish 0,006x |
|
|
|
elrippos friend
Full Member
Offline
Activity: 1145
Merit: 177
only hodl what you understand and love!
|
|
November 21, 2020, 09:10:40 AM |
|
|
|
|
|
elrippos friend
Full Member
Offline
Activity: 1145
Merit: 177
only hodl what you understand and love!
|
|
November 21, 2020, 11:50:09 AM |
|
|
|
|
|
cAPSLOCK
Legendary
Offline
Activity: 2842
Merit: 2059
Inverse Bearish Spike Indicator!
|
|
November 21, 2020, 07:31:44 PM |
|
cAPSLOCK, any update on your USD:XMR chart?
It's a mess really... I need to put a little work into revising some aspects... but just looking at the ranges I was interested about what a month+ ago we kind of see this:  Seems to me XMR is not really joining into the alts party which is often the case. But that does not meant it won't show up fasionably late like it also does from time ti time. |
|
|
|
|
cAPSLOCK
Legendary
Offline
Activity: 2842
Merit: 2059
Inverse Bearish Spike Indicator!
|
|
November 23, 2020, 07:19:02 PM |
|
As to XMRBTC we do seem to have definitively bounced off the trendline... So the question is do we turn around? Or do we breech it?  |
|
|
|
|
explorer
Legendary
Offline
Activity: 1764
Merit: 1237
|
|
November 23, 2020, 08:11:31 PM
Last edit: November 23, 2020, 08:27:51 PM by explorer |
|
As to XMRBTC we do seem to have definitively bounced off the trendline... So the question is do we turn around? Or do we breech it? Looking pretty strong...  |
|
|
|
|
Febo
Legendary
Offline
Activity: 2436
Merit: 1244
|
|
November 23, 2020, 10:49:04 PM |
|
Looking pretty strong... We need some good news. Maybe something like: Because of fake news that CiperTrace can trace Monero transactions, all fake volume exchanges in South Korea decided to list Monero again. Oh and that Arabic UAE exchange Bit Oasis or how was named. CiperTrace need to be more vocal so those people on other side of the word can hear them. Also today on monero sub reddit someone was talking about stock to flow ratio and had some strange numbers so i went to calculating it and I got this. Gold Stock to flow ratio for last year was 59.9 as this article says https://seekingalpha.com/article/4357409-golds-stock-to-flow-ratio-and-why-mattersBitcoin stock to flow ratio of right now is 56,47 Monero stock to flow ratio of right now is 65.79 Monero>Gold>Bitcoin 65.79>59.9>56,47 Stock to flow ratio is only a pressure on supply side. You cant predict price with it. It is only one factor. |
|
|
|
|
phishead
|
|
November 23, 2020, 11:10:52 PM |
|
Have no fear, AmericanPeagusus is back baby!  Start your engines  |
██████████
██████████████████
██████████████████████
██████████████████████████
████████████████████████████
██████████████████████████████
████████████████████████████████
████████████████████████████████
██████████████████████████████████
██████████████████████████████████
██████████████████████████████████
██████████████████████████████████
██████████████████████████████████
████████████████████████████████
██████████████
██████████████
████████████████████████████
██████████████████████████
██████████████████████
██████████████████
██████████
Monero
|
| | |
|
|
|
cAPSLOCK
Legendary
Offline
Activity: 2842
Merit: 2059
Inverse Bearish Spike Indicator!
|
|
November 23, 2020, 11:21:46 PM |
|
|
|
|
|
|
kurious
Legendary
Offline
Activity: 2394
Merit: 1589
|
|
November 24, 2020, 12:04:54 AM |
|
It'd be fun, I would have no issues. Other than maybe what pronoun to use... |
我想要火箭和火车
|
|
|
Globb0
Legendary
Offline
Activity: 2520
Merit: 2019
Orthostatic Tremor 16k
|
|
November 24, 2020, 09:55:52 AM |
|
Boom.
<3 America
Proven by maths sounds good to me.
Start of the next big bubble he says, go on then.
|
|
|
|
elrippos friend
Full Member
Offline
Activity: 1145
Merit: 177
only hodl what you understand and love!
|
|
November 24, 2020, 11:03:24 AM |
|
Presently a hard drop to 0,0068 i think this will get bloddy....
|
|
|
|
explorer
Legendary
Offline
Activity: 1764
Merit: 1237
|
|
November 24, 2020, 11:08:50 AM |
|
Presently a hard drop to 0,0068 i think this will get bloddy....
More drop than you previously expected? that would be very, very bloody... A very exciting day, we've already been all over the map. |
|
|
|
|
elrippos friend
Full Member
Offline
Activity: 1145
Merit: 177
only hodl what you understand and love!
|
|
November 24, 2020, 11:12:28 AM |
|
Presently a hard drop to 0,0068 i think this will get bloddy....
More drop than you previously expected? that would be very, very bloody... A very exciting day, we've already been all over the map. Well this retracement level is quite hard in Fibo so if this goes onwards we will touch the low 0,006 high 0,005 earlier as expected... |
|
|
|
tokeweed
Legendary
Offline
Activity: 2786
Merit: 1131
Life, Love and Laughter...
|
|
November 24, 2020, 03:01:39 PM |
|
^ What 'retracement'? You're looking at it wrong. You can't use XMR/BTC to gauge if it's doing well at the market. Use XMR/USD. But yeah I get it. XMR is the laggard compared to most everything else.. Which is fine imo. We really want it to not be in the center of attention with the possible delisting going on. We need it to ease its way up there and then it would be too late for them. Just like what BTC did.  Edit: And I wouldn't fault you for selling XMR to buy BTC. |
|
|
|
cAPSLOCK
Legendary
Offline
Activity: 2842
Merit: 2059
Inverse Bearish Spike Indicator!
|
|
November 24, 2020, 03:05:39 PM |
|
It'd be fun, I would have no issues. Other than maybe what pronoun to use... His/her new girlfriend/husband/auapir seems pretty cute. |
|
|
|
|
|
