Bitcoin Price Thread

Making the rounds:

fbMl8lil



See that, negative numbers.
 
I bought some on the way up($5300, $6K, $7K, $8K). Wished I had bought more. Now I'm hesitant to buy more even though I'm sure it will go to $10K soon.. Oh well. But they were all small buys. Less than 10% of my total portfolio allocation.
Interesting.
I noticed the same thing last night while looking on Twitter, in the normal trading world these type of people are gonna get so F’d. Maybe btc is different.
btc is not different, its worse than "normal trading world".
All these Thanksgiving Bitcoin rookies are making a big mistake....looking for ar least a 25% drop in the coming weeks!!!! Let's see how quick they learn how to sell when it's dropping 10x quicker

:)
You were WAY off... price went up 100% in 2 weeks after your post.
I'm waiting for all the drops and crashes calls to end as one of many signs the top is finally upon us.
10,000 was definitelly not the top.
The ratio of bulls to bears in Bitcoin is probably 10000 to 1
Great stats.
Hello algofy,

Bitcoin is slower paced and trends well. Sort of like NQ, but slower. Not alot of choppy and can trade it 24 hours a day. Manage the risk and reward, and all will be fine. Sucks Ninjatrader doesn't support cryptocurrecncy market data feed yet or I been automating something for it. It trends well.
Not choppy? o_O
$9700! I wished i bought more! Oh well. Just ride with what I got so far... I'm sure it will continue to go higher and I wished I bought more at these "high" prices... haha
Keep buying.
 
Interestingly, cryptos moved with the market in the last 3 days. Even AH they seem to move together, futures being down badly right now and bitcoin is following direction.

On a bigger time frame, the general market followed bitcoin's blow up. On the weekly chart SPX went vertical and as we know what goes up...
 
Hold it till break even? or until you puke it up?
I would recommend the first, or even better sell it while you still have a profit.
Thanks southall. It's all good man. I will hold. It's very small investment for the long term.
 
Thanks southall. It's all good man. I will hold. It's very small investment for the long term.

Holding, or converting a trade into a longer term investing play is a fool's game. Playah o_O

Dead, or flat or recovery money...could be much better spent on executing winning trades for the right here and now.
Hoping and praying is not a valid trading strategy.

You have to structure the game's variables to as much to your advantage and skill as possible.
Eliminate chance and randomness and Hope. Obama's era is over.

Make Trading Great Again 2018...High-Five`
We should hangout sometime...do you like Chipotle or Chinese food, -- and Chess and cake,
 
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