Bitcoin Thread

Wrath of Khan

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May 4, 2015
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out of interest what loss or stop loss do you guys put in before selling? Do you use a percentage or have a set amount in mind?
 

L-Dog

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Oct 25, 2017
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When a dump is incoming by what percentage does bitcoin/ethereum usually drop?
 

The Darkness

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Sep 25, 2018
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When a dump is incoming by what percentage does bitcoin/ethereum usually drop?
If anyone knew this, they definitely wouldn't tell you! What I do know is that I don't think it will go below its last lowpoint, as 'normal' markets don't have this tendency. What's happening now with this bullrun is charged up with JP Mogan's validation, the uncertainty currently in the US and a huge heap of FOMO, which is what drove the 2017 one mostly. Remember though it's an unregulated space, with some major whales not being governed by the normal market restrictions one would have. Considering that at the end of the day a market is a reflection of emotions, one can see how this moves fractally and as you can see already, people are selling off, which will lead to more people doing so as they see the same. Good luck!
 

LinuxMan

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Jan 6, 2010
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I sold some off at 420k, now look.
At least I wasn't greedy.

Maybe it will correct around 400k then climb..
Who knows
 

callvm

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Mar 17, 2020
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good lord this is FOMO if I've ever seen it. I'm actually quite scared
 

Temujin

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When a dump is incoming by what percentage does bitcoin/ethereum usually drop?
My 2c on this specific move, it'll be closer to $50k(R700k-R750k) before peeps start taking profits, and that will only be around 20% dump, so will be down to around $40k before climbing again... anyone expecting to see sub $30k/$20k again this year are out of luck
ie, 50, then 40, then up again 50+
*but don't listen to random people on internet re your loots ;)
 
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