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ampatrick4
Jul 7, 2017 5:24 PM

BTCUSD Bearish Idea Short Term Short

Bitcoin / U.S. dollarBitstamp

Description

Over the next month, I'm very confident bitcoin will dip under $2000 and that if August ends up being a bloodbath as well then the price will dip way lower. Nothing to worry, just let the price settle then get back in. It would be very smart to take a big portion of your bitcoin into fiat now, and buy in at different places on the way down, $1800-$2000 to start. I currently have 75% in fiat now. And will take the rest out depending on the next couple of days. Then will look to buy 25% at $2000 and 50% at $1800 and save the other 25% in the case that the price dips below that.

Comment

Right on track. Been shorting all day and night. Up 200% on my short investment.

Comment

Up 500x Still going.

Comment

500%*

Comment

1018% profit, closed short at 2000, asks set at 2100-2200
Comments
asdfghghj
Could you update your view on the validity of above trade strategy, please? Today the trend seemed to differ quite a bit.
ampatrick4
@asdfghghj, no, its fine as is
exkuji
why people think that BTC must go down and ETH must go UP ?
ampatrick4
@exkuji, na both going down
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