stock market crash

[scooterscot]

You using this to decide between long and short?
Just Flip A Coin

Seriously, I don't know what you're seeing in the chart which makes you so certain there's an imminent big move down.

Bitcoincharts | Charts

I use the FTX derivatives exchange for my contracts. Caution though! You really need to know what you're doing - I'd not recommend for retail investors. Many of their leveraged derivative contracts reset at 2am UTC everyday - be sure to understand what it is you're getting into.


I explain here in some detail my reasons for the dip. The secret to technical analysis is 'look left'. It is the first thing you always do before studying for support & resistance.

This bet is possibly very short lived, i.e. to the end of the month. But it is quite clear to me the whole crypto market is behaving like an equity at the minute. No moon shot until we have a decoupling (which could be very soon).

[Excursion UK]

I use the FTX derivatives exchange for my contracts. Caution though! You really need to know what you're doing - I'd not recommend for retail investors. Many of their leveraged derivative contracts reset at 2am UTC everyday - be sure to understand what it is you're getting into.


I explain here in some detail my reasons for the dip. The secret to technical analysis is 'look left'. It is the first thing you always do before studying for support & resistance.

This bet is possibly very short lived, i.e. to the end of the month. But it is quite clear to me the whole crypto market is behaving like an equity at the minute. No moon shot until we have a decoupling (which could be very soon).

I got as far as "this time it’s different"

[scooterscot]

You'll never be one of us with that attitude.

[Old Greg]

I use the FTX derivatives exchange for my contracts. Caution though! You really need to know what you're doing - I'd not recommend for retail investors. Many of their leveraged derivative contracts reset at 2am UTC everyday - be sure to understand what it is you're getting into.


I explain here in some detail my reasons for the dip. The secret to technical analysis is 'look left'. It is the first thing you always do before studying for support & resistance.

This bet is possibly very short lived, i.e. to the end of the month. But it is quite clear to me the whole crypto market is behaving like an equity at the minute. No moon shot until we have a decoupling (which could be very soon).

Sorry for your troubles.

[scooterscot]

Just you remember that.

[scooterscot]

I bought some more 3 x leveraged short derivative contracts today, about $x0k's worth on Bitcoin to go down.

So much win!

[DealorNoDeal]

So much win!

Bollocks, the price of BTC has hardly moved since you shorted it on Thursday. All you made is a small random profit based on noise.

You really are deluding yourself.

[scooterscot]

20% gain so far - I must be deluging myself.

[scooterscot]

OMG

[DealorNoDeal]

20% gain so far - I must be deluging myself.

You seriously are. ATR of BTC means it can move multiple % in a single day. Therefore, a 20% move in an x3 derivative is just random noise.

I used to think like you until I eventually realised I was no better than the mugs down at the local bookies.