Can't lose shorting Bitcoin if trade well?
Diupdate
Wait Wait Wait
And then...
Hold Hold Hold
With BitconnectCoin I get my risk returned to me evertiem.
Hope shorts get big funding like in late May.
A stop loss of 5-6% funding alone might return 1/3 1/2 your risk on this.
Taking 15% off on a 20% dip can be enough to get your risk back.
I do not want to miss on shorting, but do not want to enter too early.
I think what I posted is the best compromise.
No need for indicators and other useless stuff.
Going up in a rising wedge.
Bitmex only. No need have a big account there, 5% absolute max, but even 1% is more than enough.
If price goes down the lowest it should go immediately is around $6500. Then bounce.
Got my Bitcoin there at around $6500 so for my part I don't care.
And then...
Hold Hold Hold
With BitconnectCoin I get my risk returned to me evertiem.
Hope shorts get big funding like in late May.
A stop loss of 5-6% funding alone might return 1/3 1/2 your risk on this.
Taking 15% off on a 20% dip can be enough to get your risk back.
I do not want to miss on shorting, but do not want to enter too early.
I think what I posted is the best compromise.
No need for indicators and other useless stuff.
Going up in a rising wedge.
Bitmex only. No need have a big account there, 5% absolute max, but even 1% is more than enough.
If price goes down the lowest it should go immediately is around $6500. Then bounce.
Got my Bitcoin there at around $6500 so for my part I don't care.
Catatan
This could be a huge winner. Once / if we get filled up there, we should try holding onto it as much as possible. Could go 12k but maybe not.History just repeats itself...
I wish Bitcoin behaved like commodities such as gold, but it does not.
It is more like the stock market. When it goes into a bubble.
Let's look at Bitcoin first:
Scenario 1 ==>
Scenario 2 ==>
Scenario 3 ==>
Catatan
Why am I even still posting this?Makes it seem like I am an idiot that hasn't figured out he can make loads of money elsewhere and Bitcoin is just a waste of time.
Can't even use this to tell the simpletons that "invested" in it I told you so, they are too stupid to understand / remember and they'll keep coming back and saying the same idiotic nonsense in my comments no matter how many times I was right.
I got too much free time. And bitcoin is what people are interest in anyway. GOOD. Prevents me from saying too much about my currencies & commodities trades.
Stop wasting your time with a ponzi. Plenty of other things to do.
Unless you are here to point and laugh at baggies, Bitcoin is for losers.
No good way to trade it imo...
If Bitmex accounts were in usd...
Catatan
Rince and repeat....I do not want to short if I do not get at least 13k
Breaking below the triangle early invalidates the setup obviously.
BTC too easy impossible to lose, good thing 99% or more are completely blind.
Catatan
Correction there is always a risk and eventually everything stops working (right?).Do not go all in and then sue me if it does not work out.
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