Last short went swell! Crypto bubble is dead. JPY & KRW's short-lived Atrocity's Pieces of flesh start to rot!
Flay the foreskins of naive freshman investors. We are the invincible Goblins! Down, Down, Down to Goblin Town! Into unfathomable depths with intermediate summer stop of $1800!
Start your shorts and relax, vacation, take profit in a month. Buy back in August for September bubble continuation.
will btc be going to go down more to 1100$ ? or do you think we will stay consolidation around 2k$ range here and go up ? thanks
MarcelV
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@SamHuynh, Nope, $1100 not possible. $1500 lowest. Expect $1800 - $2000 for next week to be magnet. Any movement out of this range will be short-lived.
JackieHuynh
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@MarcelV, do you think it is the right time to buy alts back now ? or wait to see what will happen to bitcoin ? I'm currently looking at NXT, ARDOR , AMP and sys. Thanks for your advise :)
MarcelV
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@SamHuynh, that is very generic question. Looking for trade signals on alts? Join my trading group.
isamad
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@MarcelV, Hey Marcel - how can I join your trading group?
This looks really good! Your idea matches my expectations, I was just not aware of BitMEX offering 100X leverage so I was shorting little bit later with only 2.5X. I'm probably still joining this idea on next BTC spike around 2370, but I am confused with all the options on BitMEX, what settings do you recommend for a longterm (~2 weeks) order for BTC shorting? Stop Limit?
I may be also interested in joining your group!
Vaggitarian
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Good stuff! I sold near the top, but was too chicken to open a short, so I just sat in cash, and I'm still in cash. Do you think it's safe to be in cash for now?
MarcelV
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@Vaggitarian, if you don't invest you don't lose ;) pm me for trade group