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julesistrading
Dec 7, 2018 9:18 PM

I don't know. Long

Bitcoin / DollarBitfinex

Description

no way to
Comments
monoamin
This is so stupid it could actually work..
I'm long @ 3439
sevensphere
the only way is to put the stop to 0$, if you have for exemple 5k to invest right now, you buy 25% right now and you had 25% everytime BTC drop by 400-500$. If you truly believe in btc, you cannot lose money on that trade. In fact its not a trade anymore, its an investment like gold/silver, it will never go to 0$.
CryKra
@sevensphere, "If you truly believe in btc, you can not lose money on that trade" - First I would say that BTC is not a religion and second that you would have a loss of 60% at 1K with that example.
sevensphere
@CryKra, at 1k you have accumulate more and you lost nothing if you didnt sell. Or if btc rocket to 6k, you have made nothing until you sell. BTC next leg target is over 100k, there is less millionnaire than there is bitcoin (18 millions extimate with lost keys, and more people in future will lose their keys) . Exchanging 1 BTC for your future home is reasonable. Why? Because there is not alot of form of money that is not backed by governement, there is gold / silver / BTC . People are being feed up around the world about government. Some of the yellow vest in France have writen 'Buy Bitcoin' on their vest. BTC is not dead, i dont know why at top people always say its going to infinity and push all the money trying to do that, and when its going down they say its going to 0 and push all the money trying to do that. Since 2008 , it was always that. Its the same. But ty for your interest in crypto, i know by simply being in so early youll do great.
CryKra
@sevensphere, I capitulate, this kind of logic is unbeatable
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