The beauty of capitalism takes over. The miners that can't make a profit go bankrupt. Hashrate drops, maybe even 50%, just like during the China...
With a 60% win rate, and a 1:1 Risk to reward ratio, it is positive expectancy, but it will also mean 3 or 4 losses in a row (below, it was...
You need margin to short. Once your account goes below this level, they will close you out. Also, except for futures I think, there is a cost to...
How does this work if you only aim to trade one hour a day? Do you stay in the trade and just wait for limit orders to hit while you're away?
This is also exactly why I think the cycles are going to be different going forward. Either we no longer have the 75-85% drawdowns every 4 years,...
Agreed. I was actually hoping to be a buyer of some more BITX and it kind of got away from me. I am down quite a bit on my position obviously...
I agree that shit like this will be on the horizon. But if then want to ban money that an adversary uses, shouldn't they ban USD??? I think the...
Can you extrapolate on this? I'm finding a very similar loop in myself. No matter how many hours I put into this, results are unsatisfactory,...
Hey deaddog... I'm curious to ask if you're out of your BITI position, and hence short bitcoin?
Did you see the $60M net inflows into GBTC today?? Super bullish!!
I myself am turning quite bullish as well. Its like in the stock world when they say that even when more bad news can't push the price down, the...
I leave it up to the government to do the de-linking. Either it's a deflationary collapse or inflationary runaway for fiat. Economy is only...
John, here is an article I think you might enjoy. I agree with this viewpoint, and just like you said a while back, fuck the US. It looks like...
Oh and one more thing John. The news that came out today that Michael Saylor is building some identity bullshit on bitcoin is actually also...
After watching the most recent episode of WBT with Seth for Privacy, I think its quite clear that this is an attack on bitcoin from the DOJ. I...
But the question is, where is the short entry? If you wait for the range to break, its a risky time to short because it can always go back into...
I'm no TA expert, but back in Dec, we also had a range that first broke to the upside, only to be beaten back down after the ETF launch. But...
I agree that you can't just go long on a pin bar that has the head at the top, but what you can at least see is that its a V reversal. This...
I'm not exactly sure what it had to drop. The way you even draw your range seems a bit random to me, too hindsight. Here is what I propose. If...
Out of curiosity, why do you say there was enough of a hint? It simply looked like a breather in that consolidation, and this pin bar I circle I...
Separate names with a comma.