BTC down 10% just now - Why?

Discussion in 'Crypto Assets' started by OptionsOptionsOptions, Apr 17, 2021.

  1. maxinger

    maxinger

    [​IMG]
    1.5 more weeks and I can day trade mini BTC futures!

    more things to trade ---> more trading opportunities
    [​IMG]
     
    Last edited: Apr 20, 2021
    #111     Apr 20, 2021
  2. johnarb

    johnarb

    Good luck! I hope the volume will be good, but the issue is that those CME futures do not trade 24/7 and subject to spot volatility exposure after hours

    FTX and Binance are great for perp futures if you're outside of the US
     
    #112     Apr 20, 2021
    jys78 and maxinger like this.
  3. deaddog

    deaddog

    Yup you got me. I can't explain how gold is valued.

    However I'd take gold as a payment for something. I trust that gold will have some value, even if i can't explain what it is. I wouldn't take a crypto currency because I don't understand it.
     
    #113     Apr 20, 2021
    Tradex likes this.
  4. maxinger

    maxinger

    CME opens about 21 hrs / day.
    That is actually more than enough for day trading.
     
    #114     Apr 20, 2021
    johnarb likes this.
  5. Tradex

    Tradex

    Well said my friend.

    In fact, gold is the only blessed currency in the Holy Bible.
     
    #115     Apr 20, 2021
  6. d08

    d08

    To a large extent, yes. What ties a wallet onto a person exactly? When I make a wire transfer with currencies, I need to supply my name, address, copies of my IDs, tax agencies will probably have a look at it at some point and so forth. Cash is even worse because it's physically difficult to move between countries while carrying large amounts.
     
    #116     Apr 21, 2021
    cesfx likes this.
  7. Saxio

    Saxio

    Indeed !
     
    #117     Apr 21, 2021
  8. tsznecki

    tsznecki

    Now you have at least two people on both sides of the fence who know you are dumb. @Tradex might be a crypto bear but at least he understands the technology. If you think BTC is anonymous the doctor should have slapped your parents when you were born.

    We are all still waiting for your intrinsic value calculation of gold. LOL.
     
    #118     Apr 21, 2021
    johnarb likes this.
  9. SunTrader

    SunTrader

    Yup.

    But certainly not alone here in ET.
     
    #119     Apr 21, 2021
    johnarb likes this.
  10. SunTrader

    SunTrader

    Hasn't stopped the drug trade for decades.

    But not everyone needs to move suitcase loads at a time. Just like crypto cash is divisible in any amount and any quantity.
     
    #120     Apr 21, 2021
    johnarb likes this.