Bitcoin

[maxinger]

What the hell does that mean???

There are many interpretations.

This is one interpretation:

On 24 Oct 23, BTC broke the one-year record high.
OP started this thread on 24 Oct 23.

OP just bought the BTC at 34K, after it broke the one-year record high.

When BTC hits 60K, he will be able to buy the Lotus Emica that is on the deck.

 

[wxytrader]

There are many interpretations.

This is one interpretation:

On 24 Oct 23, BTC broke the one-year record high.
OP started this thread on 24 Oct 23.

OP just bought the BTC at 34K, after it broke the one-year record high.

When BTC hits 60K, he will be able to buy the Lotus Emica that is on the deck.

Lambos/ Emiras are made buying when everyone else is panic selling...not buying the trend, or breakouts, or momentum.

 

[BuzzTrader]

Lambos/ Emiras are made buying when everyone else is panic selling...not buying the trend, or breakouts, or momentum.

Lambos are made in sideways markets.

 

[Frederick Foresight]

Lotus Emira on deck.

I would suggest hiring an arithmetic tutor first.

https://www.elitetrader.com/et/thre...-this-fallacy-still-exists-in-trading.376628/

 

[wxytrader]

I would suggest hiring an arithmetic tutor first.

https://www.elitetrader.com/et/thre...-this-fallacy-still-exists-in-trading.376628/

Why? All the dealership asks for is the mrsp. ???

 

[GlobalMacro90]

I would suggest hiring an arithmetic tutor first.

https://www.elitetrader.com/et/thre...-this-fallacy-still-exists-in-trading.376628/

You didn't know that if you lose 50% and then gain 75% you are actually up 25%???

This math only works on bitcoin tho

 

[wxytrader]

I would suggest hiring an arithmetic tutor first.

https://www.elitetrader.com/et/thre...-this-fallacy-still-exists-in-trading.376628/

Anyway read the thread and you will see that math is actually a traders fallacy, and it is completely irrelevant to the probability of price returning to a previous level.

 

[long]

Lambos/ Emiras are made buying when everyone else is panic selling...not buying the trend, or breakouts, or momentum.

The trend is your friend. It’s the end of the trend that’ll give you a reality check.