fuck
Yeah, fuckin four days of dojis. Please rip the band aid off!
fuck
Yeah, fuckin four days of dojis. Please rip the band aid off!
(@instabot)
#Nikeknows #smellslikevictory
Yeah, I have buys in that price level, even in the $3k level. But the problem is: everrrryyybody is also waiting for that so-called capitulation candlestick. In any case, I already bought some at $6,800.
fuck
Yeah, fuckin four days of dojis. Please rip the band aid off!
(@instabot)
#Nikeknows #smellslikevictory
Yeah, I have buys in that price level, even in the $3k level. But the problem is: everrrryyybody is also waiting for that so-called capitulation candlestick. In any case, I already bought some at $6,800.
Maybe some of the answers to my questions are obvious, but I am not sure what you are saying.
What kind of odds are you giving to your downwards dip scenario (maybe down to $5,400)? Greater than 70%? Your down scenario is not as bearish as other peeps? Why wouldn't the price go below $5k, once it breaks below $5,700? We have already seen close to $5,700 a few times since early February, no?
Did you buy some BTC in the $6,800 range recently, because the BTC price has been quite a bit below $6,800, recently, too.
Has your buying been at various price points along the way? Did you buy more above $6,800? Have you sold some, too?
Was the reason for your buying BTC in the $6,800 range because at the time of your purchase, you were not sure if the price was going to go down further? And, was the reason that you did not buy below $6,800 because your lower buying target prices have not been met yet?
I ask because we all know that we have have had several BTC buying opportunities in the past more than six months of below $6k (starting from the beginning of February).
RE: Odds - crashes from parabolic crashes tend to overshoot 0.786 fib correction (check Nasdaq, Shanghai, Dot com crashes).
No selling yet since I'm still not done buying. I'm ready to buy higher too if Bitcoin breaks out of 200day moving average which is around $7,900 now.
How come you bought some at 6800 when you foresee 3k level?
It's called scaling-in
Damm, so many bears in Twitter. I feel like the weekly candle which is undecided.
Over 6000+ btc spend on new forum software. You'd think we'd have something usable by now.
shhhhhhhhhhh
we don't talk about that
LMAO
Curious to know what you guys think about using RSI to make informed trades.
If you use it, care to share in what capacity and what settings?
It is pretty much useless, buddy. You know what's best? Go to Tradingview and add one of those RSI indicator scripts that show you when to buy and when to sell. Now do some backtesting with NASDAQ or DOW or even BTCUSD. You will see it shows 50/50 ratio wrong to right signals.