Forecasting Markets

Discussion in 'Journals' started by West7, Dec 19, 2024.

  1. West7

    West7

    Searching low risk and great possible reward trades.

    Recent top around 108 in Bitcoin is likely a major high. Probably 75% down or more.
     
  2. Sekiyo

    Sekiyo

    Shitty trade.
    Can go to 200,000.
    That’s 50% expectancy for 100% risk.

    Not a low risk / high reward trade.
    Low risk / high reward is buying BTC @ 30k.

    Keep your money safe until then.
     
    Last edited: Dec 19, 2024
  3. TrAndy2022

    TrAndy2022

    Wait until Quantum Computing can break the Bitcoin protocols, then it is nothing worth for sure as there is also no anonymity anymore. It is just a matter how fast and good they are developing in the next years. Once this breaking news are out you can expect a hard crash on all cryptos.
     
  4. West7

    West7

    Lol. Stop was at the top of course. Lower now.
     
  5. SunTrader

    SunTrader

    Ya know state of the art encryption won't just be standing still.

    Cat and mouse game never ends.
     
    HawaiianIceberg and semperfrosty like this.
  6. Sekiyo

    Sekiyo

    Lol. You didn’t mention stop in your OP.
    Stop or not it doesn’t change a thing.
    It’s a shitty trade. Have fun.
     
    semperfrosty likes this.
  7. maxinger

    maxinger

    CHATGPT improved your English:

    "Searching for low-risk trades with high potential rewards.

    The recent peak of around 108 in Bitcoin is likely a significant high, with a probable decline of 75% or more."


    This is more realistic :

    "Searching for high-risk trades with low potential rewards.

    The recent peak of around 108 in Bitcoin is unlikely a significant high, with a probable decline of 750000% or more in the don't-know-when-future.
     
  8. hajimow

    hajimow

    I am out of stocks and fully into gold based on recent drops. Bitcoin is hyped and overvalued. Stocks are also overvalued. My best option is gold and not even silver.
     
    Andrew34 likes this.
  9. Andrew34

    Andrew34

    But Gold is declining then what's your strategy to full into gold?
     
  10. hajimow

    hajimow

    I always get into something that is undervalued and also has a real value and has a possibility of getting hyped and rally. Gold matched all the above criteria and I am long 60 contracts of February GC.
     
    #10     Dec 20, 2024
    Andrew34 likes this.