Bitcoin
Bitcoin
Out of context: Reply #623
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MOAR CHARTS !!!
- ill send you a bitcoin if you can tell me how its been taken down some more.CableStudios
- Nah I bought bitcoin last year and cleared them all not too long ago.2002
- ah ok, so you need it to fail.CableStudios
- no shit2002
- here is the thing, when I saw quite a few heavy investors going in, I got in2002
- the every bump and crash you see are results of someone making big buys2002
- no shitCableStudios
- when it comes to it just don't kick yourself too hard xCableStudios
- makes sense nowscarabin
- latest big rise is due to two main funds being created for bitcoin2002
- latest crash is based mainly on people taking money off the table to maintain profit.2002
- thanks for letting us know.CableStudios
- I am waiting for someone to make an inverse short on these. That would cause it fall even deeper.2002
- oooooh, really deep! How deep? like 0?CableStudios
- "inverse shot" I guess thats a technical term big traders like you use?CableStudios
- no not that deep but basically you are shorting bitcoin. shorting makes hell of a lot more money. that creates more incentive to make it go lower BUT jump high again to trap2002
- make it jump high again to trap2002
- cool, so you mean back in the pool? or fail? i'm lost now.CableStudios
- inverse short is when you create fund just to track the inverse movement of a security. usually its x2 or x6 times the movement of the original2002
- of the original2002
- nope I am out for now. dont care for it. made enough on it. entry price is too high and volatility without hedge is not something I will risk at this price2002
- will risk at this price2002
- I will NOT risk at this time2002
- cool, fail. got it.CableStudios
- when someone creates the inverse fund i will get in with hedge.2002
- good job its over then!CableStudios
- and beat the crap out of it by shorting it.2002
- and price action would be 3x !!! bitcoin drops $100, I will make $300.2002
- cool $300. When it's dead. Got it. Better hope it crashed. Hang on.. hasn't it crashed?CableStudios
- think short term. keep cycling them in and out. dont hold on to it.2002
- bought $12 and sold at $200. bought $90 and sold at $800. keep cycling2002
- cool, speculate. Overall its going to fail. Got it.CableStudios
- dont chase the top, you know its the top because it had fallen2002
- i'm not
https://www.tradingv…CableStudios - did you sell around 800-1000 and rebought?2002
- do you know how to use elliot wave?2002
- I know a little EW. I'm long. Thats a logarithmic chart too. No day trading.CableStudios
- if you are long, charts mean shit.2002
- technical analysis are mainly used for short term not for long.2002
- look in to Fibonacci Retracements and look out for double top reversal,2002
- yeah. This has been my point.CableStudios
- keep an eye on volume too. you start to see machines hitting the pattens on low vol.2002
- we have done the double topCableStudios
- its a bull pennant if we break 800CableStudios
- your point is the it will be a double top reversal? thats a bear call friend.2002
- low volume nowCableStudios
- *Get a room*CableStudios
- we had the double top at 1200CableStudios
- nah man, thats not a double top.2002
- the price has to hit, pass or close to the high.2002
- look at apple http://i.imgur.com/p… nice double top and fib retrace2002
- following apple's pattern, bitcoin would hit $2000 and plunge down2002
- Ok maybe start with 1300-15002002
- don't know what any of this means but can one of you pay off my mortgage?bogue
- cablestudio can. he is bitcoin rich2002
- no bitcoin is dead. Didn't you hear?CableStudios
- oh wait double top was reached.2002
- now you are fucked/2002
- .reanimate