I can't decide where this is going, too little volume.
I shorted around 180 during the downtrend after the huge sell...Then at 180, it perked right back up. I figured it was a short bounce before a continuation downwards, and continued opening short positions up to 190.
Now, I'm not sure if I should close the positions and take a huge loss...or wait it out, and possibly lose all the BTC in my leveraged short positions...
Opinions?
I shorted around 180 during the downtrend after the huge sell...Then at 180, it perked right back up. I figured it was a short bounce before a continuation downwards, and continued opening short positions up to 190.
Now, I'm not sure if I should close the positions and take a huge loss...or wait it out, and possibly lose all the BTC in my leveraged short positions...
Opinions?
If you have to take opinions on a forum for your trading,........................................you're fcked.
I might not be a professional or anything...but I've done well trading stocks the past few years, and since entering the crypto-market I've made over $168,000. Mostly due to LTC... At any rate, public sentiment can often be a better market indicator than any technical analysis.
Disclaimer: I am one of those assholes that lost big the day of the Blackberry announcement this year. Around $30,000, so I am not tooting my own horn.
I am also one of those assholes that clicked a malicious on BTC-e this past April and had their account cleared out. Roughly $40,000 lost.
So yes, I make stupid mistakes. Asking for opinions, and gauging public sentiment, is not one of them.
holy shit wtf!
you lost over 70,000K trusting your money with a third party, and you're asking us what to do???
let me slap some cents into you
*slap*