Nice hearing from you side, Sludge!
I've stopped active trading 3 month age, what price fell below $11000
We are now in the downtrend, so it does not make any sence now to play bull games.
Here is what I posted 5 months ago: https://steemit.com/bitcoin/@dkn/when-was-the-last-winter-the-north-remembers
"The north remembers" post reminds the over-one-year downtrend and fell from 1100 to 250 bucks:
We've reached 20000, downtrend lasts for ca half a year and it can freely keep going down up to 4000 and below...
Earning money during the downtrend is possible by shorting, but it is... dangerous :) :) :)
I wait for the spring and advice you to do the same.
Thanks for the updates!
hey man! good to see you as well.
I personally don't like shorting on the platforms currently exist for crypto. i just don't trust them.
i prefer when i make a move to have the actual asset (call me old fashion :) )
but yea, everything i say here, is short-term only, i don't see the blood and capitulation just yet, but i am not going to stop trading right now, this is how opportunities are missed.
Take care!
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I also do not short. I've heard stories about bill sent to unlucky shorters from the exchanges - stoplosses do not work on time and 'farewell sweetheart'.
I hope, that people who trade now really love, what you do, cause in the other case they just spend major part of their life spectating the downtrend and losing money.
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That is not for the weak of heart or people that can't afford to loose, that is true now then it ever was.
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