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#41
Nov 30 2017 10:40am
Quote (Golden_Order @ Nov 29 2017 12:44pm)
The expected correction has arrived. Its down to 9k now. I guess some people will start panic-selling, but im pretty sure the new correction level will be above 6k or 7k. This was expected.

The first smartest thing would had been to sell when it was around 11k (this morning), and then buy again at the new correction level (whichever it will be, 6k or 7k or 8k??).

Second smartest thing (if you missed the chance in the first point) is to keep holding your BTC, because its price will eventually bump even higher in the following months.


This isn't a correction, the drop is due to coinbase releasing information that the US government has asked them to disclose personal information of account holders.
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#42
Nov 30 2017 10:45am
Quote (russian @ Nov 30 2017 12:40pm)
This isn't a correction, the drop is due to coinbase releasing information that the US government has asked them to disclose personal information of account holders.


Yeah but I think it's the correction because the price increasing over 20% in just 1-2 days was crazy. And a lot of big whales I'm pretty sure sold at 11k to make profit. Also the market reached 300B and every time it reaches a new 100B line there is a movement in the markets. This was all expected, and it was anticipated and warned by good traders.

I do agree however that the coinbase news affected a bit too.

This post was edited by Golden_Order on Nov 30 2017 10:50am
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#43
Nov 30 2017 11:19am
just curious if anyone in the sub has tried "day trading" cryptos from the sub. Not something i'm personally looking to get into but just curious if anyone's had success at and highs/lows
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#44
Nov 30 2017 11:20am
Quote (thesnipa @ Nov 30 2017 12:19pm)
just curious if anyone in the sub has tried "day trading" cryptos from the sub. Not something i'm personally looking to get into but just curious if anyone's had success at and highs/lows


I did a little bit with gbtc stock. It always is slow to react it seems. So whenever bitcoin makes a big shift, I buy or sell gbtc stock accordingly. Literally it's always 20-30 minutes behind. I don't get it.
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#45
Nov 30 2017 11:47am
Quote (thesnipa @ 30 Nov 2017 13:19)
just curious if anyone in the sub has tried "day trading" cryptos from the sub. Not something i'm personally looking to get into but just curious if anyone's had success at and highs/lows

wat
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#46
Nov 30 2017 12:00pm
Quote (excellence @ Nov 30 2017 11:47am)
wat


worded poorly, was asking for this basically. I also said "sub" twice, i'm hungry.

Quote (AspenSniper @ Nov 30 2017 11:20am)
I did a little bit with gbtc stock. It always is slow to react it seems. So whenever bitcoin makes a big shift, I buy or sell gbtc stock accordingly. Literally it's always 20-30 minutes behind. I don't get it.


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#47
Nov 30 2017 12:08pm
Also going to be interesting to see what the futures are going to do in December.
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#48
Nov 30 2017 12:15pm
Quote (thesnipa @ 30 Nov 2017 14:00)
worded poorly, was asking for this basically. I also said "sub" twice, i'm hungry.

gotcha, for a second there it seemed someone here made a forumgold crypto :rofl:
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#49
Nov 30 2017 12:17pm
Quote (excellence @ Nov 30 2017 12:15pm)
gotcha, for a second there it seemed someone here made a forumgold crypto :rofl:


PARD dollars are at an all time high, the ratios of Salt and refined tears are looking good on the commodities exchange.
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#50
Nov 30 2017 12:59pm
Quote (thesnipa @ Nov 30 2017 02:17pm)
PARD dollars are at an all time high, the ratios of Salt and refined tears are looking good on the commodities exchange.


Roflmao :rofl:
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