Bitcoin Price Thread

Discussion in 'Crypto Assets' started by Magna, Nov 26, 2017.

  1. hilmy83

    hilmy83

    You made a ton of money off these calls? Any closed trade associated with this?
     
    #5461     Jun 24, 2024
  2. Still waiting for low 50s :)
     
    #5462     Jun 24, 2024
  3. themickey

    themickey

    Not necessary to make a ton of money, just saved yourself from losing a ton of money from holding through a drawdown.
     
    #5463     Jun 24, 2024
  4. ?
     
    #5464     Jun 24, 2024
  5. themickey

    themickey

    Well to "make a ton of money" means imo going short.
    Sometimes going short is not what I want to do, rather better just exit your long and standby.
     
    #5465     Jun 24, 2024
  6. How is this not a call?

    upload_2024-6-24_12-45-32.png

    Oh its going up 2% on Wednesday? lol I could probably do that if I wanted to day trade but I'd rather do one trade. :)
     
    Last edited: Jun 24, 2024
    #5466     Jun 24, 2024
  7. schizo

    schizo

    Please don't drag me back into to your cesspool. IIRC, and I'm sure I do, you've been saying that we were going right back up to ATH. You're not only shameless, you're also spineless.
     
    #5467     Jun 24, 2024
  8. I said if a level wasn't broken we would only do a single correction...level broke so its a double correction. I always assume double corrections with bitcoin...thus the chart below. :)

    upload_2024-6-24_12-46-36.png

    (if you would just take the time to learn EW you wouldn't be so hostile towards how I am able to do this with such accuracy.)
     
    #5468     Jun 24, 2024
  9. Okay, I misunderstood. Thought you meant that holding a losing position is not a loss (implicitly if not taken). My mistake. I read your second “from” as “by” in your post I quoted earlier.
     
    #5469     Jun 24, 2024
  10. Holding a losing position isn't a loss anymore than holding a winning position is a gain.
     
    #5470     Jun 24, 2024