Lately we have been getting killed if you have been holding long positions in the Cyrpto space, but where do we go from here? I think we will have some more room to the downside unfortunately, but one thing I have noticed is a lot of people talking about margin shorting. This is one of the scariest things you can do, because your lose side is unlimited. Also I have seen huge runs in equities do to this, because when it starts going against you, you have not choice but to buy and close out your position, which will just feed on itself. Also seems to be the most shorts ever right now.........
Bitcoin$2000 or Bitcoin $50000
7 years ago by bigram13 (82)
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This has been a very scary time for so many but I think that in the long run we are still ok. What is happening is we are shaking out all the lose ends and getting rid of weak hands. This is an opportunity in my opinion. Solidify your holdings and dig in. I can’t believe we are getting this opportunity again. If anyone complains and says they can’t beliebe they missed out I might just slap them. Lol
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Ya I just know myself that I like to see things just go up and up and up.
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Trend may go like this
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I hope, I hope all the shorts get their butts handed to them.
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Thanks for telling im hoping bitcoin will rise soon
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I will be so happy when we see an huge upside. It can get a bit depressing, going down .
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Good news for us. Thanks Bigram13
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Im using this as a chance to accumulate more of it.
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