I think I might have missed the entry for the first trade but i'll get in anyway. If the first trade is stopped, i'll enter again on the second RR indicator. The second trade makes a lot more sense given how bitcoin is praised by people around the globe.
@Dynasty, unfortunately no, as I was hoping for 4650, then later on, it was too late = too scary for me. As I tried to short it on August, and then it didn't end well.
Dynasty
⋅
@mgrzegorzak, You shorted too early at the right level (4650). Do you think it'll retest those levels again?
mgrzegorzak
⋅
@Dynasty, yes, if we arrive there soon (4650), then will try a small short.
On longterm I'm a bullish, hopeing for banks to enter, and start 'pump and dump' game.
Other considered scenario - another low now - but seems everyones counting for it - so might be just a wishfull thinking :)
Dynasty
⋅
@mgrzegorzak, True, big banks are playing the pump and dump game with us on bitcoin. Personally, I think BTC is way over valued at this time and guys investing now will suffer either in the short or long term. Further, I think the technology is powerful and it's here to stay but not at the current price.