RE: Do You Know Your Magic Number for Investing?

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Do You Know Your Magic Number for Investing?

in bitcoin •  7 years ago 

Sounds like a good game plan for VChain - also reasonable position sizes ... having planned ahead ADA cost me 60$ (pulled out before it would've been 300$ or more). Been trading only BTC/LTC since mid Feb ... its literally gambling, all the TA and fancy Elliot Waves, Stop Losses can't do much but minimize risk and maximize probability for gains. As for the Mt Gox trustee, he was probably notified today ... its like the 3rd time in a row ~ 16 UTC/17 GMT where massive sell-offs occurred. This time around only in bursts 2 big ones and inside multiple smaller ones in the middle. (at least thats my assumption) Very disturbing ... knowing theres officially ~ 180.000 BTC to be sold off ... which leaves me guessing its unofficially a whole lot more.

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Don't think so on the Mt. Gox trustee. He only needs to sell $87 million more to hit is repayment goal of $487 million.