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11302639 No.11302639 [Reply] [Original]

How are you holding up? This has been the most boring trading period all year. I dont know how much longer I can take this.
Whales and retails are all on the sidelines waiting for confirmation.
Right now we have pathetic volume, lowest of the year, but i bet that will surge as soon as confirmation is given.

What are you plans trading wise atm?

>> No.11302659

>>11302639

i just want to kill myself.

>> No.11302665

>>11302659
>

>> No.11302667

>>11302639
between 2.5 and 5 percent gains

>> No.11302677

I have been setting up a short for over a week. On bitmex i've been getting funding non stop, and earned 0.1 Bitcoin, which is some relief.

Currently I see equal bull to bear indicators, but preference to bear due to the bigger trend, and not betting against it.
I'm anticipating another move up before we go down.

>> No.11302679

i mean i cant even 100x the swings

>> No.11302695

>>11302679

What is your strategy?
I would never touch anything above 10x leverage. I only trade the bigger movements though and build my positions.

>> No.11302699

>>11302639
>What are you plans trading wise atm?
wait and see

>> No.11303036

>>11302695
depends on the market, id never touch anything below 25x lev. i dont trade breakouts, just try to scalp the current trend. I mostly short, its quicker bucks

>> No.11303301
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11303301

>>11302639
Check out this vid and jump to 1:30: https://www.youtube.com/watch?v=yVqYFc5pgCw

>October to December is the best period for BTC, according to studies on seasonality
>If BTC stays above the January/June lows there might be another rally by mid to end October

The possibility of BTC dropping below support level: https://www.youtube.com/watch?v=uR92hWtyU1Y

I'd say, get in the seasonal bull market (NOT "all-in"), take some profit and be prepared to buy more when it drops towards 3k-4k.

>> No.11303321

>>11303301

The only time this didn't happen was after the first OCT/NOV following the bubble pop last time. I wish people would stop looking for biased TA to confirm bull momentum

>> No.11303329

Hasn't been boring if you've been holding/trading HOT, lemmie tell ya.

>> No.11303343

>>11303321
After all, it's speculation. That's why you only risk a part of your money so that you still stay in the game.

>> No.11303358

>>11302639
Still underwater on a short at 6380 or something since over a week ago. If price cracks 6700 I'll probably close it and swallow the loss.

>> No.11303388

Same i pretty much been wage cucking non stop since March and just been buying alts down 90% my plans are to trade in between QSP and REQ back and fourth when they inevitably pump hard

>> No.11303392

You must not be holding/trading any HOT. Been far from bored these past few months.

>> No.11303411

>>11303329

I dont trade alts

>>11303358

why did you short there?
At least you are getting funding. I've collected $600 in funding alone since i opened short at 6812. adding more shorts at 690 and 6740

>> No.11303637

>Go to sleep at one price
>Wake up at same price

lol wtf

>> No.11303687

>>11303637
>Mex in a 10$ range for hours

We ded, i can only hope for more volatility drop till i had bought all calls and puts

>Aka not option spreading this market.

>> No.11303734

>the year is 2085
>you lie in a hospital bed barely holding on to life
>the doctor asks if you need anything
>you murmur with your final pulses of strength left
>"..what's the price of btc?"
>the doc tries to hide his disappointment
>he shows you the price
>$6,589

>> No.11303746

>complaining about being able to accumulate before golden bull
Margin traders on suicide watch

>> No.11303893

>>11303411
>why did you short there?
I thought we were going to be retesting the 6200-6300 floor at least one more time. As it is I think we still have a chance to retest that level which is why I've held off on closing the position but I'm starting to have my doubts.

>> No.11303909

>>11303893

I agree we will. I think 6k test is on the horizon. However, expecting 6.8k first, at least 6.7k.

I will only consider some kind of reversal when a 4hr candle closes above 6830

>> No.11304091

>>11302639
>What are you plans trading wise atm?
I'm gonna hang out on the sidelines waiting for confirmation, desu.

>> No.11304130
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11304130

>>11303734

>> No.11304144

>>11302677
>On bitmex i've been getting funding non stop, and earned 0.1 Bitcoin
No you didn't. Check your balance after you quit your position faggot.

>>11303358
Good old buy high sell low. How are those rollover fees?

>> No.11304171

>>11304144

I've had it open for 10 days, Earned 8% of my position in that time. Longs have been paying shorts the entire time.

I havent quit the position yet.

>> No.11304190
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11304190

>>11304144

I haven't taken any profit on this position since i opened it. Just earned all that realised PNL from funding every 14 hours.