Focus on the red and green trades. The pink ones will get you burned and turn your hair gray; they're just noise. Nobody can predict that accurately; and even if they can... they won't be able to do it with $250,000.
'We endorse the idea of voluntarism; self-responsibility: Family, friends, and churches to solve problems, rather than saying that some monolithic government is going to make you take care of yourself and be a better person. It's a preposterous notion: It never worked, it never will. The government can't make you a better person; it can't make you follow good habits.' - Ron Paul 1988
Awareness is the Root of Liberation Revolution is Action upon Revelation
'Resistance and Disobedience in Economic Activity is the Most Moral Human Action Possible' - SEK3
Flectere si nequeo superos, Acheronta movebo.
...the familiar ritual of institutional self-absolution...
...for protecting them, by mock trial, from punishment...
Well, not necessarily... but yes, I'm taking one more scalp trade because I feel like I know what I'm doing. I wouldn't advise this, though.Originally Posted by muh_roads
I'm an adventurer, writer and bitcoin market analyst.
Buy my book for $11.49 (reduced):
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Appreciate the reminder. It still stings. We sat around at 160'ish for a while. Oh well. If this thing wants to keep pumping I can throw more at it to exit. $#@!ing whales. lolFocus on the red and green trades. The pink ones will get you burned and turn your hair gray; they're just noise. Nobody can predict that accurately; and even if they can... they won't be able to do it with $250,000.
Holy doji batman on btc-e...LOL
Still in from a fat leveraged long position sub $200. Pres, you may have been right about $275. Seems like we still have some steam left.
Watch your long MA's w/ Steel balls.
holy epic crazy $#@! right?Holy doji batman on btc-e...LOL
Case in point why I don't trade the fringe.
'We endorse the idea of voluntarism; self-responsibility: Family, friends, and churches to solve problems, rather than saying that some monolithic government is going to make you take care of yourself and be a better person. It's a preposterous notion: It never worked, it never will. The government can't make you a better person; it can't make you follow good habits.' - Ron Paul 1988
Awareness is the Root of Liberation Revolution is Action upon Revelation
'Resistance and Disobedience in Economic Activity is the Most Moral Human Action Possible' - SEK3
Flectere si nequeo superos, Acheronta movebo.
...the familiar ritual of institutional self-absolution...
...for protecting them, by mock trial, from punishment...
Those thin btc-e orderbooks!
You doing 20x leverage? okcoin?
Yeah should've stuck with the original plan of $275. We're just too scalpy and jumpy around here.
No, just 3.3x over on Finex, but I took some coins out of cold storage as extra collateral. A bit risky, but trading opportunities don't come along like this very often.
I'm out again at $270. Just made 6.3% in 20 minutes.
I'm an adventurer, writer and bitcoin market analyst.
Buy my book for $11.49 (reduced):
Website: http://www.grandtstories.com/
Twitter: https://twitter.com/LeviGrandt
Facebook page: https://www.facebook.com/grandtstori...homepage_panel
BTC: 1NiSc21Yrv6CRANhg1DTb1EUBVax1ZtqvG
Well done sir.
Can you explain how that works? Does it essentially borrow 3.3x more coins from someone else? You don't get the 3.3x more coins but you get a big chunk of their profit?
Pretty much, you get all the profit after you pay back the loan.
When you trade on margin @ Finex, you put BTC or USD into your trading account. You buy and sell against that collateral so every position you take is borrowed. So my long position is borrowed USD to buy BTC, and a short position is borrowed BTC to sell it. There's a whole market built inside Finex with available USD and BTC swaps to borrow and interest rates that constantly change based on demand. It's kind of complicated when you first do it.
But inherently it is risky and one should know exactly what they are doing. Looks like a lot of shorts (over 5,000btc) got liquidated on this recent pump.
edit:
Last edited by amonasro; 01-25-2015 at 08:52 PM.
http://www.investopedia.com/ask/answ...eandmargin.asp
http://en.wikipedia.org/wiki/Margin_...n_requirements
"Silver Thursday"
http://en.wikipedia.org/wiki/Silver_Thursday
'We endorse the idea of voluntarism; self-responsibility: Family, friends, and churches to solve problems, rather than saying that some monolithic government is going to make you take care of yourself and be a better person. It's a preposterous notion: It never worked, it never will. The government can't make you a better person; it can't make you follow good habits.' - Ron Paul 1988
Awareness is the Root of Liberation Revolution is Action upon Revelation
'Resistance and Disobedience in Economic Activity is the Most Moral Human Action Possible' - SEK3
Flectere si nequeo superos, Acheronta movebo.
...the familiar ritual of institutional self-absolution...
...for protecting them, by mock trial, from punishment...
$290. breaking another resistance?
Hofstadter's Law: It always takes longer than you expect, even when you take into account Hofstadter's Law. -Douglas Hofstadter
Life, Liberty, Logic
Holy balls we're going to test $300.
Knew I should've got back in when I seen that coinbase/lunar post this afternoon.
Yes, sometimes it's frustrating seeing the market go up without you. Show's probably over now, though. Don't get in if you haven't yet.
On the other hand, I'm really glad I took that trade now. I almost didn't.
Last edited by PaulConventionWV; 01-25-2015 at 09:29 PM.
I'm an adventurer, writer and bitcoin market analyst.
Buy my book for $11.49 (reduced):
Website: http://www.grandtstories.com/
Twitter: https://twitter.com/LeviGrandt
Facebook page: https://www.facebook.com/grandtstori...homepage_panel
BTC: 1NiSc21Yrv6CRANhg1DTb1EUBVax1ZtqvG
The way this is moving, I think the pullback might only be 250. This is acting as if it's go time.
Hard to say right now, but $225 is still very realistic.
I'm an adventurer, writer and bitcoin market analyst.
Buy my book for $11.49 (reduced):
Website: http://www.grandtstories.com/
Twitter: https://twitter.com/LeviGrandt
Facebook page: https://www.facebook.com/grandtstori...homepage_panel
BTC: 1NiSc21Yrv6CRANhg1DTb1EUBVax1ZtqvG
200 to 250 was an easy 25%.
Don't $#@! w/ 275.
In 2 weeks...
225 - 300 is the next train ride.
'We endorse the idea of voluntarism; self-responsibility: Family, friends, and churches to solve problems, rather than saying that some monolithic government is going to make you take care of yourself and be a better person. It's a preposterous notion: It never worked, it never will. The government can't make you a better person; it can't make you follow good habits.' - Ron Paul 1988
Awareness is the Root of Liberation Revolution is Action upon Revelation
'Resistance and Disobedience in Economic Activity is the Most Moral Human Action Possible' - SEK3
Flectere si nequeo superos, Acheronta movebo.
...the familiar ritual of institutional self-absolution...
...for protecting them, by mock trial, from punishment...
Enough is enough. Got out @ $288.
5k shorts got squeezed from what I've seen.That's the size of it for now. Can't find the chart.
Congrats!
Sorry if I'm being bitchy everyone, heh. Was building a computer tonight while looking at the charts at the same time...couldn't get the damn BIOS to post. Just a frustrating $#@!ty night all around.
I wish I supported closer to 200. I was closer to 220-230. Watching it dip to 160 with my thumb in my ass and then getting out 245 or a little under kinda feels like the last 2 weeks was a waste of time. I hate wasting time, heh. Just didn't play that right at all. Oh well, profit is profit.
Last edited by muh_roads; 01-25-2015 at 10:17 PM.
I posted this on the 15th but its worth repeating as we approach the local market top.
'We endorse the idea of voluntarism; self-responsibility: Family, friends, and churches to solve problems, rather than saying that some monolithic government is going to make you take care of yourself and be a better person. It's a preposterous notion: It never worked, it never will. The government can't make you a better person; it can't make you follow good habits.' - Ron Paul 1988
Awareness is the Root of Liberation Revolution is Action upon Revelation
'Resistance and Disobedience in Economic Activity is the Most Moral Human Action Possible' - SEK3
Flectere si nequeo superos, Acheronta movebo.
...the familiar ritual of institutional self-absolution...
...for protecting them, by mock trial, from punishment...
No worries, I know the pain. Try watercooling... now THAT is a pain in the ass.Congrats!
Sorry if I'm being bitchy, heh. Was building a computer tonight at the same time and couldn't get the damn BIOS to post. Just a frustrating night all around.
That's boss homie. Nice score.
'We endorse the idea of voluntarism; self-responsibility: Family, friends, and churches to solve problems, rather than saying that some monolithic government is going to make you take care of yourself and be a better person. It's a preposterous notion: It never worked, it never will. The government can't make you a better person; it can't make you follow good habits.' - Ron Paul 1988
Awareness is the Root of Liberation Revolution is Action upon Revelation
'Resistance and Disobedience in Economic Activity is the Most Moral Human Action Possible' - SEK3
Flectere si nequeo superos, Acheronta movebo.
...the familiar ritual of institutional self-absolution...
...for protecting them, by mock trial, from punishment...
Thanks man, my most profitable trade to date!
Noteworthy... the 50X freeware Honey Badger is still holding since 191 BTCe and 184 Bitstamp.
https://tradewave.net/strategy/pEvUZKWDzd/editor
'We endorse the idea of voluntarism; self-responsibility: Family, friends, and churches to solve problems, rather than saying that some monolithic government is going to make you take care of yourself and be a better person. It's a preposterous notion: It never worked, it never will. The government can't make you a better person; it can't make you follow good habits.' - Ron Paul 1988
Awareness is the Root of Liberation Revolution is Action upon Revelation
'Resistance and Disobedience in Economic Activity is the Most Moral Human Action Possible' - SEK3
Flectere si nequeo superos, Acheronta movebo.
...the familiar ritual of institutional self-absolution...
...for protecting them, by mock trial, from punishment...
This sux...lol
I have a lot less BTC than I did 24 hours ago.
The coinbase pump was greatly miscalculated.
Not to worry. We'll see lower prices soon.
I'm an adventurer, writer and bitcoin market analyst.
Buy my book for $11.49 (reduced):
Website: http://www.grandtstories.com/
Twitter: https://twitter.com/LeviGrandt
Facebook page: https://www.facebook.com/grandtstori...homepage_panel
BTC: 1NiSc21Yrv6CRANhg1DTb1EUBVax1ZtqvG
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