Was that the bottom ?

[Brewins]

I agree with your line. Worst case scenario bitcoin bubbled and then returned to the mean, and will rise really slowly from now on.

I doubt bitcoin is dying or something

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[afbitcoins]

Well I've added a bit more to my stack for first time in a long time. Feels like bitcoin is coiled up ready for a big move, I'm hoping up, but I guess it could be down. Have reserved a little fiat if it does go down

[findftp]

Well I've added a bit more to my stack for first time in a long time. Feels like bitcoin is coiled up ready for a big move, I'm hoping up, but I guess it could be down. Have reserved a little fiat if it does go down

So it was you with the 1000 coins buy order at bitfinex?

I just bought some extra yesterday @ 220, I just do it once in a while when I can't hold it anymore.
It's like the best food just sitting in front of you while nobody wants to eat it.
At these moments I just can't hesitate to buy some extra while I still have more than enough coins already.
I think I'm addicted... I should search some help

[afbitcoins]

So it was you with the 1000 coins buy order at bitfinex?

   

I wish, I'm just small fry but its fun.

Quite a nice move up happening now, breaking through a bit of resistance looks like

[findftp]

The line I'm looking at has not been broken yet.

finex:



But I think and hope it will, soon.

[afbitcoins]

Hey findftp did we get above your line ?

[findftp]

Hey findftp did we get above your line ?

Yep, we certainly did See below.




280 is a major resistance line.
All hell will break loose if we go beyond it.
Prepare for 430 if we do.

[afbitcoins]

Resurrecting my old thread. The thesis that this was the bottom is still valid.

Heres an interesting idea, borrowed from someone on tradingView (sorry can't remember the username offhand will try and find it), Here is the bottom viewed upside down making it look like a top

Is this a bubble bottom ??




Does that look like a bubble top ? Was that bottom a bubble bottom

Start stacking, this is the accumulation time

[findftp]

Resurrecting my old thread. The thesis that this was the bottom is still valid.

Heres an interesting idea, borrowed from someone on tradingView (sorry can't remember the username offhand will try and find it), Here is the bottom viewed upside down making it look like a top

Is this a bubble bottom ??

Start stacking, this is the accumulation time

I'm pretty much loaded to the max already.
I also went margin long at 220 with a few coins.
Now I'm just enjoying the ride

[yefi]

Too early to say with confidence, but it certainly could be. After the next wave of enthusiasm wanes, we'll see if fear's kingdom is finally over.  

[findftp]

Too early to say with confidence, but it certainly could be. After the next wave of enthusiasm wanes, we'll see if fear's kingdom is finally over.  

I don't mind to wait for others to finally go long at 320.
I'm enjoying the ride already

[afbitcoins]

Hi findftp, brave move going all in but i have a feeling you will be very happy in the end. Won't suprise me to see some more big bear waves on the way up though.

only thing annoying me about my last purchase was maybe i should have got more.

Heres the inspiration for that idea I posted earlier on turning the chart upside down. Credit to ‘lowstrife’ on TradingView website for this idea. https://www.tradingview.com/v/ktWNOrLB/#tc146808

[yefi]

Too early to say with confidence, but it certainly could be. After the next wave of enthusiasm wanes, we'll see if fear's kingdom is finally over.  

I don't mind to wait for others to finally go long at 320.
I'm enjoying the ride already

Well, acting with confidence will not reap the greatest profits either. 

[findftp]

only thing annoying me about my last purchase was maybe i should have got more.

I agree, but you should always be happy with what you got, not with what you don't have.

I sounds easy, but I admit, it isn't. You should try though.

Just think about all those people who still have none at all
Yes, they exist, there are millions of them.
Millions of them with millions of cash ready to buy.

[afbitcoins]

only thing annoying me about my last purchase was maybe i should have got more.

I agree, but you should always be happy with what you got, not with what you don't have.

I sounds easy, but I admit, it isn't. You should try though.

Just think about all those people who still have none at all
Yes, they exist, there are millions of them.
Millions of them with millions of cash ready to buy.

Hypothetically, say you'd sold some bitcoin and bought some gold when bitcoin was near its all time high and were tempted to sell it to buy back into bitcoin would you rush in now .... or wait ?

[findftp]

only thing annoying me about my last purchase was maybe i should have got more.

I agree, but you should always be happy with what you got, not with what you don't have.

I sounds easy, but I admit, it isn't. You should try though.

Just think about all those people who still have none at all
Yes, they exist, there are millions of them.
Millions of them with millions of cash ready to buy.

Hypothetically, say you'd sold some bitcoin and bought some gold when bitcoin was near its all time high and were tempted to sell it to buy back into bitcoin would you rush in now .... or wait ?

I already did, back in december.
I sold on the gold bottom to catch the bitcoin bottom
It went a little bit worse after that, but now I would say I'm in a little profit with that trade.

I figured there was much more upside potential with bitcoin than with gold.
I'm usually too early with my trades. I'm in the process of learning to slow down a bit.

Bitcoin is gold on steroids.

[afbitcoins]

only thing annoying me about my last purchase was maybe i should have got more.

I agree, but you should always be happy with what you got, not with what you don't have.

I sounds easy, but I admit, it isn't. You should try though.

Just think about all those people who still have none at all
Yes, they exist, there are millions of them.
Millions of them with millions of cash ready to buy.

Hypothetically, say you'd sold some bitcoin and bought some gold when bitcoin was near its all time high and were tempted to sell it to buy back into bitcoin would you rush in now .... or wait ?

I already did, back in december.
I sold on the gold bottom to catch the bitcoin bottom
It went a little bit worse after that, but now I would say I'm in a little profit with that trade.

I figured there was much more upside potential with bitcoin than with gold.
I'm usually too early with my trades. I'm in the process of learning to slow down a bit.

Bitcoin is gold on steroids.

Think I'll do it!!  wether the ratio moves up or down from here in short term I don't think I'll be bothered about those short term moves when looking back

[findftp]

only thing annoying me about my last purchase was maybe i should have got more.

I agree, but you should always be happy with what you got, not with what you don't have.

I sounds easy, but I admit, it isn't. You should try though.

Just think about all those people who still have none at all
Yes, they exist, there are millions of them.
Millions of them with millions of cash ready to buy.

Hypothetically, say you'd sold some bitcoin and bought some gold when bitcoin was near its all time high and were tempted to sell it to buy back into bitcoin would you rush in now .... or wait ?

I already did, back in december.
I sold on the gold bottom to catch the bitcoin bottom
It went a little bit worse after that, but now I would say I'm in a little profit with that trade.

I figured there was much more upside potential with bitcoin than with gold.
I'm usually too early with my trades. I'm in the process of learning to slow down a bit.

Bitcoin is gold on steroids.

Think I'll do it!!  wether the ratio moves up or down from here in short term I don't think I'll be bothered about those short term moves when looking back

But.. but.. you were talking hypothetically, right?
I think we both regret that we did not sell more...

But hey, life is all about calculated risks.

I just compensate it with some more leverage.

[afbitcoins]

only thing annoying me about my last purchase was maybe i should have got more.

I agree, but you should always be happy with what you got, not with what you don't have.

I sounds easy, but I admit, it isn't. You should try though.

Just think about all those people who still have none at all
Yes, they exist, there are millions of them.
Millions of them with millions of cash ready to buy.

Hypothetically, say you'd sold some bitcoin and bought some gold when bitcoin was near its all time high and were tempted to sell it to buy back into bitcoin would you rush in now .... or wait ?

I already did, back in december.
I sold on the gold bottom to catch the bitcoin bottom
It went a little bit worse after that, but now I would say I'm in a little profit with that trade.

I figured there was much more upside potential with bitcoin than with gold.
I'm usually too early with my trades. I'm in the process of learning to slow down a bit.

Bitcoin is gold on steroids.

Think I'll do it!!  wether the ratio moves up or down from here in short term I don't think I'll be bothered about those short term moves when looking back

But.. but.. you were talking hypothetically, right?
I think we both regret that we did not sell more...

But hey, life is all about calculated risks.

I just compensate it with some more leverage.

er yes hypothetically  on the whole I'm mostly pleased with the trades i've made. Have made one or two pretty bad desicions along the way too but its all part of the learning experience.