suddenly i had this bearish feeling come over me and i sold all my bitcoins.
see you all sub 300 suckers!
see you all sub 300 suckers!
Sometimes a whale sends a spike upwards to trigger all the stop buys before dumping the market into oblivion. Then all the poor traders who's stop buys were triggered panic dump their Bitcoins for a pittance. On the other hand we might be genuinely heading up. However that spike on stamp soon crashed back down.
oh yes we've seen this before.
and there it goes
Fell for it hook line and sinker...
Earlier today, I sold all my Bitcoins and closed my leveraged long positions, expecting a further retest of lows...
All market fundamentals pointed towards a further correction...and then this happened.....and I panic bought....thankfully, only at $338 (I sold earlier at $332), but it is fucking annoying as it is yet another example of me pissing Fiat and BTC all over the floor whenever I try to be smart and beat the market.
After seeing this shite, I now have to make a decision whether I want to just leave what Bitcoins I have left (the ones I haven't lost), or cut my losses, convert to Fiat, and leave Bitcoin out for good.
Some whale entity has the market by the balls. He can do what he likes, and what he likes is everyone elses FIAT. Who wants to play in a market like this and if nobody wants to play in Bitcoinland, then there is no Bitcoinland. This whale does not have Bitcoin's best interests at heart...this is exactly the sort of shit that people see in Shitcoins or penny shares, and think..."gimme a fucking break, I aint touching that"
Dude...you have some good ideas but need some patience! Longer charts are very predictable...shorter the chart the better you need to be imHo ! Been watching this a very long time and have a good pulse on it!
Don't get greedy set you limits and trust the charts...don't buy into the bs newbie talk on here!
Cheers
if you don't mind me asking, I was just wondering what timeframe do you use for long term predictions