Is the crypto winter over?
- Thread starter schizo
- Start date
Man, am I getting senile or is this market just fucking with my head?If I say "GO LONG BABY!", I feel it's gonna tank again, so I'll refrain from saying anything.
You're telling me!!! I got liquidated yesterday and also lost $1.5k last night closing that position which would be worth $$$ right now
Anyway, it looks like "the asset that shall not be named" is going to be very strong all day today
Headwinds yesterday with the tech and growth stocks severely down and accelerated to the close
Tailwinds today with the tech stocks and growth stocks recovering to the close
shhh
Like the twitter guy says, I think I need to back off and cool my head for a while. Trying to outguess the market has its limitation, especially with BTC.
Man, am I getting senile or is this market just fucking with my head?
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Yeah thats a rough ride.
Dropped so sharply I was thinking it would be dark times for a while but straight back up.
I'm biased obviously as a HODLer but I think we may have turned a corner.With such a volatile product it might be prudent to scalp those resistance levels of yours and aim for a longer hold at support?
I saw you crunching the numbers on swing trading on your other thread too.I wonder if you keep nailing your levels why you couldnt 'fan' those entries into more of a long term position?
Youve posted about it several times already but its really starting to feel like that decentralised product we talk about.
Not scared of outside influence,slowly decoupling from the existing.
gm holder fam
Yea, it's the advantage of being a hodler of "that which has no name" and other crypto assets, you don't need to worry about liquidation, or expiration or counterparty risks
I look at my portfolio several times a day and even during down days, still have a long long ways to go before there would be any extremely urgent action that's needed, and that's only because I got a loan (leverage) if I pay off the loan, there would be no issues at all
I am in a regret mode having taken profits only to give them back, had I kept that position entry from a few days ago @ $23,110, still would be comfy even with all the ups and downs
But to your point = trading vs hodler, the hodler wins on the emotional roller coaster
I think we're a jumpy breed at the moment too! hahaha.That crypto winter* didnt do our nerves any favours.
Im glad im not trading crypto right now.
Dollar cost averaging has let me stay in the game and sleep at night.
*i shouldnt talk like were out of the woods but last few weeks have sure felt like it.
Well, it's not as easy as just "fanning" out into the longer horizon. I wish it were that easy.
Unfortunately, they're two different beasts. As a day trader, your mindset operates differently from that of a swing trader: different timeline, different objectives, different outlook. Hopefully I'll crack the damn secret code soon. 
I have a theory...If you believe in the NDX, then you believe in "That which shall not be named" (assuming I know which one you are talking about?) They are closely correlated over the medium term. If you believe in one, you must then believe in the other, and stick with your guns.