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Surprise Move In Bitcoin? Or Was It Written In The Charts?

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------Join Our Private Trading Community------- http://lumbridgecity.com March 25 - I woke up this morning surprised by the decline in bitcoin prices, even though it is (in hindsight) a clear technical pattern in the charts. Very grateful for the tippers who made this channel possible. Even though I am micro-trading - that is way different than just technical analysis. Thanks again. I am grateful! Now... lemme see when I'll go long again... Bitcoin Price Review. Bitcoin Trading Journal Channel - how to trade bitcoins, for beginners. Get started Bitcoin Trading ------------------------------ Risk Disclaimer There is considerable risk in bitcoin, altcoin or world market trading, and may not be suitable for all investors. Any trading involves risks including, but not limited to, the potential for changing political and/or economic conditions that may substantially affect the price or liquidity of any financial market. Speculative investments may also be susceptible to sharp rises and falls as the relevant market values fluctuate. Leveraged trading can have a proportional effect on your trading account balance. This may work against you as well as for you. Not only may investors get back less than they invested, but in the case of higher risk strategies, investors may lose the entirety of their investment. Hypothetical Results Disclaimer Some trading commentary is based on hypothetical performance results that have certain inherent limitations and may not represent actual trading. Past performance does not predict future results. Predictions do not include the impact of market liquidity and no representation is being made that any account will or is likely to achieve profits or losses similar to those being shown. Forward looking statements include words such as "anticipates," "estimates," "expects," "projects," "intends," "plans," "believes" and are based on this authors current expectations and assumptions regarding the market in question and actual results may vary significantly from those expressed or implied. Before deciding to trade in any market you should carefully consider your investment objectives, level of experience, and risk appetite. You should not invest money that you cannot afford to lose. Seek advice from a certified independent financial advisor if you have any doubts.
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Text Comments (3)
VentionMGTOW (3 years ago)
Yeah, pretty crazy stuff lately. The market seems to support roughly whatever the current price is. There seems to be enough of a market for the bitcoins that are generated and spent. But the big whales and groups of whales are the ones who are causing these wild swings. They have news groups where they formulate their strategy and they shake the market like a rag in a dog's teeth. It's kind of hard to predict these moves since they don't necessarily follow market forces. What they want is for people to get excited when they push the price up, and buy more bitcoins at an inflated rate, then they crash the market to cause fear and sweep up the coins that novice traders and investors let go of when it's down. But me? I'm playing a different game. I buy my bitcoins, dump them into my encrypted paper wallets and go on with my life. Only some of my surplus income each month goes into it but no large lump sums. It became clear to me back in 2014 that I'm going to have plenty of time to accumulate a nice position over the next year or so since there aren't going to be anymore 2013 run-ups for many months or possibly a couple years. And next month I'm selling my paid off rental condo (since I think we're at or near the top of the real estate market and are about to hit another 2008 crash soon). I'll probably get about 70 or 80 thousand for it. Am I buying bitcoins with it? Nope! Just dumping the money into the mortgage on my house which will drop my payoff date to roughly 8 years from now. Volatile assets like bitcoin aren't something you throw big lump sums into. Only surplus monthly income should be risked on this sort of thing.
Bitcoin Trading (3 years ago)
Thanks for the note!  You are the second person to comment that my volume is too low... sometimes I make videos early in the morning and everything is still quiet... I'll bump it up next time.
vcvitiko (3 years ago)
Bro I liked the video but please speak a little louder my ears were agaisnt the speakers of my phone trying to hear u

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