Bitcoin Price Thread

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

  1. No, more like if this is the 4->5 sub-wave developing then we could see 73k...but until such a time, this is currently a 4->5 wave completed...and we are headed down down down. :)
     
    #6411     Oct 21, 2024
  2. Longer even! lol...my OCT25 calls were massacred...
     
    Last edited: Oct 21, 2024
    #6412     Oct 21, 2024
  3. poopy

    poopy


    Then why are you such a c**t? I don't understand people acting contrary to self-interest.
     
    #6413     Oct 21, 2024
  4. I'm not...I have a cash position so basically holding a phantom short position here. :)
     
    #6414     Oct 21, 2024
  5. deaddog

    deaddog

    Now I got it. It's going to go down unless it doesn't. :)
    If it doesn't go down, it might go up, unless it continues sideways.
    At any rate you have all the bases covered and a year from now you will have exactly called the correct trajectory. Well done!! :rolleyes:
     
    #6415     Oct 21, 2024
  6. No!
    I can't make it any more clear for you lol. Do you not take profits at different levels? Yes. So you too employ a dynamic strategy...albeit based on crude static percentages but still.
    (scratches head at your confusion)

     
    #6416     Oct 21, 2024
  7. johnarb

    johnarb

    **** no financial advice, just for entertainment purposes only ****

    Rates are shooting up (today?) i.e. 10yr UST, Druckenmiller went short the bonds

    Way out of my lane, but it affects all risk assets so I read

    short term options are very very very difficult maybe it's just me, but I've lost way too much to be playing anything shorter than 6 months

    That's why I never lost confidence in my current options position as I showed many screenshots of being down big m2m, as long as I have enough time, my confidence in the trade idea *should* work itself out within the allotted time,

    As far as today, mstr vs bitcoin divergence may be due to quiet period, earnings in 2 weeks for mstr, prolly cannot do ATM offerings as they did last week (just my speculation)

    I do not believe mstr will adopt early the FASB bitcoin gaap change due to tax implications, so I read


    upload_2024-10-22_0-14-59.png
     
    #6417     Oct 21, 2024
    poopy likes this.
  8. I think that was a 1-hour chart for effect. As mentioned, I'm not convinced this is going either way yet. :)
     
    #6418     Oct 21, 2024
  9. deaddog

    deaddog

    I take profits when the trend changes and cut my losses short. It's a strategy that works for me.
     
    #6419     Oct 21, 2024
    Sekiyo likes this.
  10. poopy

    poopy


    You're going to take a hit on vol and delta if Harris wins. Just an FYI.
     
    #6420     Oct 21, 2024
    johnarb likes this.