Recent content by Xzhi

What do shorts closing indicate for the market? Is it neutral, bullish, or bearish? Wondering how this affects the market if this happens in an extremely short time period.

I agree with you. The move that destroyed me was a movement of 22% in around 1 hour, and I had no stop loss and only a small hedge. The move occured when a wall of 80 million was instantly bought, and I was part of that group. I've always been able to get out of bad positions manually and my...

I've always been trading futures and I've done very well for a period of two years, but I was a idiot and blew my account in one trade. I was on a massive winning streak and felt I could not lose. I lost my money when price did a massive move within a short period of time, and I didn't hedge...

I'm wondering if any of you guys have heard of AV. If so, what does it stand for?

I have been trading crypto for years, and yes, volatility is pretty low, but you can use leverage on exchanges that offer it. Liquidity is a pretty bad on most exchanges, but not on Bitmex. I believe trading Bitcoin and altcoins is actually easier due to certain market inefficiencies, but it...

They did not provide wallet addresses. Anyway I get the sense nobody here really knows much about this type of trading.

There were, but on "alternate" exchanges. You could borrow up to 20x.

I believe it was an exit scam, so the money is gone.

As everyone here knows, the bitcoin market is very manipulated. You can long/short futures with high leverage and buy/sell spot to pump/dump the price and make a substantial amount. This was very common throughout 2014-2019. The bart pattern was also used the past two years. What are your...

Yes

Bitcoin has been remaining above 5k for a while now. Do you think it can reach 6.4k before another move down? Most people are planning on shorting 6k, which does make sense. What are your thoughts? Has the bear market ended? Personally, I think another test of sub 4k is very probable.