Bitcoin capitulation trade * very risky falling knife catching
Might have started crashing hard.
Could go really fast.
Typically the price goes down 2 days.
Maybe flash crash 3600, suckers go long, mini dead cat bounce, then selling continues & suckers stop lossed add fuel goes down below 3000.
With all the gems and easy money I am seeing out there I am still catchhing falling knives on this ponzi... what's wrong with me?
Could go really fast.
Typically the price goes down 2 days.
Maybe flash crash 3600, suckers go long, mini dead cat bounce, then selling continues & suckers stop lossed add fuel goes down below 3000.
With all the gems and easy money I am seeing out there I am still catchhing falling knives on this ponzi... what's wrong with me?
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Bounce 10% là imo 3650 ->4000
pis drop 2500-3000 rip
pis drop 2500-3000 rip
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Just going to go bed.
Expecting dead cat bounce to go for another 8 to 12 hours.
Then weeeeee.
Expecting dead cat bounce to go for another 8 to 12 hours.
Then weeeeee.
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Let's do this in the next hour!
Please...
Let's do this in the next hour!
Please...
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Moved orders lower, could go a little below 2500 and bounce there, seems too heavy to bounce as high as 3250. Hope that does not mean miss out... But never know with this ponzi/pyramid/mlm.
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Massive capitulation selling came when the price went below 200$ in 2015.
So here if we bounce on 3000 that would mean capitulation comes later...
Know what? cba trading this ponzi, I will only go for capitulation, if I miss it does not matter...
When capitulation happens then I go in...
So here if we bounce on 3000 that would mean capitulation comes later...
Know what? cba trading this ponzi, I will only go for capitulation, if I miss it does not matter...
When capitulation happens then I go in...
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Because of the violence of this thing and the weak bounce I reconsider and rather enter a bit lower.
Because of the violence of this thing and the weak bounce I reconsider and rather enter a bit lower.
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Pumping / wasting my time
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If we get a denial bounce here I'll wait for 1500-2000$ to long capitulation...
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2011 capitulation
I'm so tired watching this ponzi I had some stocks to TA, they are unironically more important to work on and I'll make more money with that. I have an addiction to ponzis and watching complete idiots lose their money, please send help.
Maybe I create an alert that tells me when a 1 hour candle is bigger than 15%.
Still have to stay close to the PC...
I'm so tired watching this ponzi I had some stocks to TA, they are unironically more important to work on and I'll make more money with that. I have an addiction to ponzis and watching complete idiots lose their money, please send help.
Maybe I create an alert that tells me when a 1 hour candle is bigger than 15%.
Still have to stay close to the PC...
Oh man. I want to wait for the high volume selling.
I want to get filled in that, not before lol.
Maybe wait to see big buys come in.
Could wait for the bounce but it has its own risk.
Never bought a major capitulation before. Will be a nice experience.