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RE: BITCOIN HODLERS NEVER LOSE!
Wow, great comment. I agree... About two weeks back I thought a correction around 1500 looked about right and a lot of people thought I was nuts. Then with the incredible spurt I pushed it up to around 1700 - 1800 too. I'm hoping that's the worst case scenario. I almost always hedge with alts but that market seems over bought too. I caught the top on a sell and started buying back at 1300. Currently just HODLing a small fraction of what I sold. If you're on twitter I tweet out current news and the occasional thought https://twitter.com/BitcoinDood Just followed you on STEEMIT, thanks for reading and the great comment :)
I also noticed a trade "anomaly" in actual bitcoin trading that allows a "hands off" approach. You simply buy at 4AM EST each day, no matter what the price is...and then set a limit to sell $50 higher. Trade gets closed if not executed by 4AM. That has generated 16 straight successful trades. Including a buy on Fri morning at 4AM. THis morning's buy came at 2120. I posted it "live" at 4AM. it's actually the first one I woke up early to watch live trading actually. :-)The trade took you down over $200 in a matter of 30 minutes I think it was. I'll post the live bitcoin ticker at the end of this. Just pull the chart back to 24 hours if you want to see the appx entry. If I was actually trading it I "would" have gotten out on that spike to 2163.00 or so. But I'm just sticking with the program to see what happens. If this trade fails I doubt I would do it again. Banked gains of $880/coin even through the volitility. It took the volaitility "out" actually. I'm kinda hoping it works again becuase then it actually makes me look like I'm on to something. :-) I update these trades also.
http://bitcointicker.co
Hard to "relax" on a $200 drop exactly 30 minutes after you bought. But that's what my "anomaly" said to do. :-)
Nice. Thanks for sharing. I'm going to have to try that. I love finding trading patterns.
Well, yesterday's 4 AM entry logged another $50 winner. And that was after a $200+ drop 30 minutes after getting in! :-) I'd be surprised if this mornings entry works though. 5/28/17 buy price was at 2289.00. Based on that big volume spike at the high it looks like it bought just before another dump.
http://bitcointicker.co
For now though, 17 winners in a row and $930/coin in banked gains.