Bit Coins

[ChrisW]

Ditto. And not a bitcoin in sight.

Finally, someone with knowledge.

[don0301]

Ditto. And not a bitcoin in sight.

Finally, someone with knowledge.

Still buying?

[ChrisW]

Busy making money swing trading, brb.

[don0301]

Busy making money swing trading, brb.

[don0301]

My goal is to build up as much btc as I can this year and seeing where it gets me in 10 years

Just start reading, and reading, and reading and it will all make sense in a real "lightbulb" moment

[Bladerider]

Surprised this is quiet

Was expecting to find one side or other jumping up n down !!!

[JCviggen]

Surprised this is quiet

Was expecting to find one side or other jumping up n down !!!

Too busy looking at it lol.

Pretty epic so far. More like the 2 to 266 than 2013. If you're actively trading it's a great opportunity. If you're a holder (hodler sorry) then just go back into your cave for a while. People made fun of the bagholders who bought at 30 first, then 250, now 10K plus? In the long run who knows. More fun than paying the stupidity tax that is the lottery.

I prefer trading though, my only regret is closing my shorts too early but with a lot of cash behind on the exchange I'm not complaining. The crash is atypical in that there aren't many bounces, very little buying pressure. Might have something to do with everyone and their mother ganging up on BTC to increase the negativity. It will bounce somewhere though. I've made a little off the small jumps when the RSI got ridiculously low and it was a sure bet.

[FaisalJ]

I’m more concerned about the state of US equities and bonds at the moment!

Looking at SVXY (short VIX ETF) every day and wondering if I should get back in. Was a great trade from last August.




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[FaisalJ]

Surprised this is quiet

Was expecting to find one side or other jumping up n down !!!

I've made a little off the small jumps when the RSI got ridiculously low and it was a sure bet.

I take it you weren’t a seller when RSI got ridiculously high though?

The fact that some big CTA funds have finally got involved might help momentum trading - as they’ll be doing the same, exacerbating trends.


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[don0301]

Zoom out on the charts though and you'll soon appreciate the bigger picture, the Elliot waves are beautiful, healthy correction is beautiful, my lambo will be beautiful.

Come on Don, it's not too late, get involved

[FaisalJ]

Hmmm - I may have little chance of buying in - looks like both of the major short VIX ETFs might be toast!

https://www.bloombergquint.com/markets/ ... ke-of-rout

Some poor sod at work bought in with me in August (after Trump's willy-waving with N.Korea), but forgot to sell the thing...

[doodlebug]

Bitcoin is phucked. Wider markets also pretty grim.

[JCviggen]

I take it you weren’t a seller when RSI got ridiculously high though?

Actually I can count on one hand the days that I went to bed holding BTC over the past 12 months. Too risky for me. This means I gained much less than I could have but relatively risk free.

It's all play money anyway, I never put 1 Euro of my own money into it and whatever I spent on mining all those years ago I cashed out and then some.

[ChrisW]

We'll see

[don0301]

We'll see

Still buying??