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RE: 3 Bullish Signs with 2 Steem Bounty

in #steem-bounty6 years ago

I have been thinking we will see 5500 range again erasing any and all gains from the previous 6 month chart. The spike up had little resistance, on the downswing there has been moments of resistance, but nothing seems to hold more then maybe a week.

Until I see either 5500 or a sign that maybe the bulls are coming out in force I'm not looking to add to my BTC holdings. What I have can just sit for now, but have debated selling it a few times. But the good old IRS would want their cut and it just doesn't make sense to me to pay taxes betting on the price to drop enough to cover those taxes.

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yea. i am in the same boat which is why I short vs sell.

Where are you trading?

I use a few things, futures and also margin. I’ve just started to switch to deribit. Before bitmex and kraken. I’ve had bad experiences on kraken.

is that Kraken has lived up to its name, as it happened attacking ships and sailors, this is what happens to kraken users. hahaha xD

I was on kraken a while back and that soured me for some time. they pulled some shady stuff, but it's time to get back into trading contracts again. It's cleaner for my taxes and will let me take advantage of the market swings better.

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