Shorting an asset that is in price discovery mode, institutional pouring in. RIP in advance
Shorting BTC from USD36000. Who join me?
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 Jan 7 2021, 12:31 AM
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#1
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Junior Member
95 posts Joined: May 2010 
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Jan 7 2021, 01:34 AM
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#2
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Junior Member
95 posts Joined: May 2010
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QUOTE(Azril mohd @ Jan 6 2021, 12:51 PM) How to short? Which platform? Hi you may margin short it here https://www.bitmex.com/register/ZloRyI I dont recommend you to short it but if that's what you want.. |
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Jan 7 2021, 12:12 PM
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#3
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Junior Member
95 posts Joined: May 2010
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QUOTE(bobbie1841 @ Jan 7 2021, 12:09 PM) I also all in short btc already Share the screenshot  |
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Jan 7 2021, 03:09 PM
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#4
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95 posts Joined: May 2010
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QUOTE(happyking4ever @ Jan 7 2021, 01:18 PM) but Warren Buffett once said that it is wise for investors to be “fearful when others are greedy, and greedy when others are fearful." and look what it does for TS. That quote is too general lah |
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Jan 7 2021, 03:11 PM
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#5
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Junior Member
95 posts Joined: May 2010
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QUOTE(ifourtos @ Jan 7 2021, 01:53 PM) * notice i didnt post any screenshot... pshhhh. If you dont mind me asking, how long have you been trading?test water. most sheep is still high. almost time to enter. like most bubble happen before.. this is the sign of break. Or rather margin trading |
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Jan 7 2021, 03:22 PM
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#6
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95 posts Joined: May 2010
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QUOTE(gashout @ Jan 7 2021, 03:19 PM)  The bull was in the stock market for the past 12 years. 4th quarter 2020 was the beginning of bull, we are in just the beginning. the crypto world is here to stay. 40k, see you soon. See this https://rektcapital.substack.com/p/fouryearcycle |
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Jan 7 2021, 05:52 PM
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#7
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Junior Member
95 posts Joined: May 2010
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QUOTE(gashout @ Jan 7 2021, 03:38 PM) Thanks for the link. Yup and that's just following the previous cycles Not comparing it will have 12 years of bull cycle. But you got to admit it will see better days this year, at least for this year.  QUOTE(gashout @ Jan 7 2021, 03:40 PM) If we assume the rate of diminishing Post-Halving returns to remain constant across all exponential “Candle 1’s”, Bitcoin could rally exponentially to a relatively conservative new All Time High of ~$90,000. I wouldnt even bother much with price prediction, different model has different figures. No one can know what the top will be but it's somewhere thereabout la. That said, this conservative extrapolation of current Post-Halving bull trends by standards of Bitcoin’s price history doesn’t account for upside wicks past key Four Year Cycle resistances (i.e. black horizontals). This means Bitcoin could very well overextend past $90,000 and even beyond the psychological level of $100,000 before finally rejecting.  |
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Jan 7 2021, 05:58 PM
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#8
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Junior Member
95 posts Joined: May 2010
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QUOTE(ifourtos @ Jan 7 2021, 04:02 PM) not a frequent trader. You've been through a couple of cycles, then you should know how ridiculous it can get. Dont know why you were so keen to go against the big trend, yes correction will be inevitable and probably near. Longing the 2017 bull market would make you lots of moolah so why are you shorting 2021 bull market now? but an ancient BTC Adopter. i got my 1st bit of BTC using GTX660 ti mining. back in 2013.... have some crypto in Mt.Gox before its collapse.. i never invest in share. but crypto sometimes. Better yet, long the alts for mouth-watering gain. I'll never touch margin myself, spot is hard enough already. At the end of the day, it's your money so do what you want |
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Jan 8 2021, 10:30 AM
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#9
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95 posts Joined: May 2010
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QUOTE(ifourtos @ Jan 7 2021, 06:07 PM) bro.... I did say sell it all by end of the year.you see BTC as a Tools Or God? i see BTC mere a tools. Only those BTC Fanatic worship BTC and can only ACCEPT btc bull run. BTC bear run also can make money wat? thats the trend. Shorting the trend is just foolish. Your call. Have fun |
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