Why I'm Thinking About Short Trading Bitcoin Right Now
If you are following me on Twitter @ChrisConeyInt you’ll have seen me post this chart plotting the price of BTCUSD on BitMex which shows the price becoming exponential. That’s not sustainable. Even FOMO energy becomes exhausted at some point.
One person today can use coupon code 10052019shortbtc to get 50% off my online courses. First person to use it gets it https://www.cryptoasset.school/new-student-signup
●▬ Multiply Your Crypto By Learning To Trade ▬▬▬▬▬●
https://cryptoversity.krtra.com/t/aewILGdRCuZa
●▬ Earn Crypto Rewards By Supporting The Show ▬▬▬▬▬●
https://cryptoversity.krtra.com/t/7WSsmETiXV9c
●▬ Donate Crypto Anonymously ▬▬▬▬▬▬▬▬▬●
https://btcpay648087.lndyn.com/apps/4LDHdzzzz8XS97g31aX1TTcMGR7Y/pos
●▬ Social Networks ▬▬▬▬▬▬▬▬▬▬▬▬▬▬●
Steemit: https://steemit.com/@marketingmonk
Twitter: https://twitter.com/ChrisConeyInt
Telegram: https://t.me/TheCryptoverse
Reddit: https://www.reddit.com/r/TheCryptoverse/
Minds: https://www.minds.com/thecryptoverse
Gab: https://gab.ai/chrisconey
Email Alerts: http://eepurl.com/glu2GH
●▬ Sources ▬▬▬▬▬▬▬▬▬▬▬▬▬▬●
Please become a supporter on Patreon to access the list of sources and save yourself the time searching for them https://www.patreon.com/TheCryptoverse
carefull... I am glad I'm not a trader ...
Might follow ur footstep :D
Yeah these parabolic moves have me nervous. Thanks for sharing your thinking and broad strokes strategy, Chris!
Good to see today's video after the weekend. Criteria for trade still not meet
Posted using Partiko Android
Time to return to practice. I've long understood your breathing analogy and have followed it. Parabolic moves always feel good. Need to learn that jumping out early is not a bad thing. If the market comes back down, I'm ready. If the parabolic move continues, don't chase it.
Thanks for sharing, it ever more likely the bottom is already in i.e. in Dec 2018. Many other crypto youtubers are now changing their views towards this opinion.
Indeed, logically correction to take place soon, but perhaps in June time will tell.
Looking forward an episode on ETX.
I'm just not brave enough to short BTC period.
Today seems the day ... Try it now maybe ...
Breathing markets. Nice idea.
BTC seems to be very bullish. a lot of shorts are very/too high