100k+ is coming in the next 1-2 years. You have to be patient with Bitcoin.
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Posted 08 February 2020 - 04:56 PM
All these weekend gains will be erased due to CME being closed, the selling will start today or by tomorrow morning.
Posted 08 February 2020 - 11:40 PM
Would like to sell at 10500 and buy back at 9800, but last time I tried something like that, it kept going up and I chased it back, then it fell. Just don't want to mess up my long term holding anymore, rather sell at 200k.
Trading the SPX futures, I would take profit regularly, because it's not going to 10x in a year, probably not even double, but Bitcoin can 10-20x in a year, you are taking a big risk trying to short term time this.
Posted 09 February 2020 - 11:42 AM
Edited by CLK, 09 February 2020 - 11:43 AM.
Posted 09 February 2020 - 06:27 PM
I thought about selling into this 250 point gap, but when I pulled up the ticket, the commission is about $60 round turn on 10k,
this is absurd, I will take my drawdown and look to add lower.
Posted 10 February 2020 - 03:40 AM
Well they closed that gap and then some, -700 from the top, I still didn't like the $60 commission, if wrong looking at a couple hundred loss.
Posted 15 February 2020 - 01:41 PM
CME will go back and close this gap Sunday, but after that, you can expect the 4hr gap to be closed at 8500,
that's my call, I do not believe they will leave that CME gap before higher.
And that rally from Monday has now been almost fully retraced.
Edited by CLK, 15 February 2020 - 01:45 PM.