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Trading Crypto

  • 03-10-2017 4:36pm
    #1
    Registered Users Posts: 492 ✭✭ TheJackAttack
    Registered User


    Anyone on here trading crypto?
    I've been attempting to educate myself re trading bitcoin for the past while; it would be great if we could post trades and forecasts on here.
    I entered a short today at 4300 predicting a retrace following the rising wedge.
    Target is 4050.


Comments

  • Registered Users Posts: 1,223 pro_gnostic_8
    Registered User


    If I were a trader, I would be against you. :)
    I would enter a long position on the basis of the WSJ reporting yesterday that Goldman Sachs is strongly considering creating a bitcoin trading division. Also, I believe that more people will be inclined to hodl in their expectation of getting "free" coins in the coming Bitcoin Gold and Segwit 2X airdrops.
    I would be long to $4,650 with a stop-loss at $4,100


  • Closed Accounts Posts: 657 Shauny2010


    Ive never traded only bought and held. I`m one of those whose are kicking themselves for not buying more than I did a few years ago. But its not so bad as at least I was putting a portion of my savings into Bitcoin and it has reaped rewards.
    I dont know if I should start buying again, if the price settles now and we find a floor under the price of around $3000 then I would be start adding some of my savings again. Bitcoin traded in the low hundreds for many months and I can see it sitting in the low thousands now for just as long a period which would imply its a good time to accumulate.

    As for trading theirs one or two on youtube I have been following over the years who are really good at it so would be worth watching if trading is your thing
    Chris Dunne

    and the very loud and annoying but a very good trader Brandon Kelly


  • Registered Users Posts: 5,166 ✭✭✭ enda1
    Registered User


    Anyone on here trading crypto?
    I've been attempting to educate myself re trading bitcoin for the past while; it would be great if we could post trades and forecasts on here.
    I entered a short today at 4300 predicting a retrace following the rising wedge.
    Target is 4050.

    What's the expiration?


  • Registered Users Posts: 492 ✭✭ TheJackAttack
    Registered User


    Good until cancelled Enda.
    The trend is currently downwards (it wasn't confirmed until about 9am). If the line is broken I'll probably re-enter at whatever point it's at.
    Otherwise I am hopeful of increasing my position.


  • Registered Users Posts: 387 ✭✭ boardie100
    Registered User


    any good guides on trading?..... i watch some of those trading videos and they go completely over my head


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  • Registered Users Posts: 492 ✭✭ TheJackAttack
    Registered User


    https://twitter.com/CarpeNoctom
    https://twitter.com/MrJozza
    Spend alot of time looking at these chaps youtube videos/twitter posts - I would consider them to be the best. No bull****.
    You won't understand it over night.
    babypips and investopedia and v good for terminology


  • Registered Users Posts: 2,072 ✭✭✭ ZeroThreat
    Registered User


    Shauny2010 wrote: »
    Ive never traded only bought and held. I`m one of those whose are kicking themselves for not buying more than I did a few years ago. But its not so bad as at least I was putting a portion of my savings into Bitcoin and it has reaped rewards.
    I dont know if I should start buying again, if the price settles now and we find a floor under the price of around $3000 then I would be start adding some of my savings again. Bitcoin traded in the low hundreds for many months and I can see it sitting in the low thousands now for just as long a period which would imply its a good time to accumulate.

    As for trading theirs one or two on youtube I have been following over the years who are really good at it so would be worth watching if trading is your thing
    Chris Dunne

    and the very loud and annoying but a very good trader Brandon Kelly


    At least you got into it a few years ago. Even if I had discovered crypto a year ago, I'd have made a mint by now.


  • Registered Users Posts: 492 ✭✭ TheJackAttack
    Registered User


    Closed this as down trend line was broken. Back in at 4240..still increased my position (albeit slightly)


  • Registered Users Posts: 822 ✭✭✭ SkySter
    Registered User


    boardie100 wrote: »
    any good guides on trading?..... i watch some of those trading videos and they go completely over my head

    Take a look at Datadash on Youtube. He has some very good technical analysis and trading videos targeted at beginners.


  • Registered Users Posts: 2 Bhalan


    Build a concept and idea then think through the possibilities and boundaries with help of business analysis after that program & develop a software then check the flexibility, safety and features of everything before launching a decentralized, crypto, and P2P exchange. 



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