Cryptocurrency

[AtW]

Google search trends is showing an upward volume of searches related to BTC. Everytime that has happened the price has risen sharply. I agree you'd have to be brave to go short when the media is talking about Crypto again (e.g. Facebook Libra)...

Probably a new data encrypting worm is making rounds (using recent RDP exploit) forcing victims to buy tulipcoins.

[VirtualMonkey]

You're actually shorting BTC? On what platform?

Bitmex, bitfinex or bybit to name a few. All offer leveraged trading

[VirtualMonkey]

EDIT: I owuld have kind of expected a blow off top after a run like this but it just hasnt happened...maybe its yet to come

Is this it? Still hard to tell.

[ChimpMaster]

Bitmex, bitfinex or bybit to name a few. All offer leveraged trading

Was on IG

[ChimpMaster]

You have balls, I wouldn't want to call it right now with real bona fide shorting (vs. timing the market).

These same balls have been battered so badly in the past.

But today they came out OK. I placed 3 (leveraged) short positions at rising prices, just closed 10 minutes ago at a decent profit.

I didn't mean to trade today, but just seems stupid for anything to go up > 12% in one day. That sharp drop at 15:30 indicates appetite for profit taking at this price.

[VirtualMonkey]

These same balls have been battered so badly in the past.

But today they came out OK. I placed 3 (leveraged) short positions at rising prices, just closed 10 minutes ago at a decent profit.

I didn't mean to trade today, but just seems stupid for anything to go up > 12% in one day. That sharp drop at 15:30 indicates appetite for profit taking at this price.

Will be telling how it deals with £10k on the way down again...bounce or fall through

[scooterscot]

Scoots are you out of BTC/ALTs for now?

Out of BTC. Still could climb to around $12k, fomo and a short squeeze pushed it past $10k.

Now, right now is the time to be exposed to alts. A lot of alts will die off 95% or so in the next run.

[scooterscot]

Bitmex, bitfinex or bybit to name a few. All offer leveraged trading

Would never go anywhere near leveraged trading myself.

Investing is a marathon, not a race. Borrowing money to make amazing gains is super risky. Leverage trading was what bankrupted many in 1929.

When speculating I'd not use more than 2-3% of my portfolio. The investments are long term untouched.

[scooterscot]

Bollinger band on the 4-hr chart is now following price indicating the upward move is almost over.






The daily chart says.. - we've still got a lots more to go.






Finally the 3-day says just as I said a few days ago, going to $12k - unless someone else can see another resistance line. If $12k does not stop it then $15k is likely. Total FOMO though.

[TheGreenBastard]

Would never go anywhere near leveraged trading myself.

Investing is a marathon, not a race. Borrowing money to make amazing gains is super risky. Leverage trading was what bankrupted many in 1929.

When speculating I'd not use more than 2-3% of my portfolio. The investments are long term untouched.

Yet you're out of BTC because you sold.