Took a 19% gain late morning.
No other reason other than the quick 20% runup from my price. Basis was the previous Weekly upswings of 50% then 20% which had pullbacks that were getting larger.
I’m expecting this to pullback somewhere close to 10.50
September 13th, midnight, Bloomberg published a bullish article about MAC.
China just banned ICOs a few weeks ago
First time to see this. Ph wealth level up.
Today my mom asked me what I thought of bitcoin. What it is.
It has also run up more than 10x in less than 2 years.
While I was standing in line trying to deposit money in a cebuana lhuillier to pay for my bitcoin, somebody approached me and made small talk about it.
price broke at exactly 9pm
was having a rough night getting whipsawed back and forth trying to catch a trend arpund 830pm to 9pm. I thouhht to myself this cannot range forever. But it seemedblike it did and for the longest time i kept cutting. As time went on i put on larger positions until i got to 9pm i said fuck it im shorting 5x my usual units and im done for the night bahala na if i get stopped again
I did the opposite of what i would do countering. In countering, i make my trades smaller and smaller as time goes. With catching a trend, start with small trades, keep cutting, grow bigger
Remeber that time when BLOOM was in the doldrums and Razon came out on Bloomberg saying the market is overreacting? BLOOM was around 5 then.
Now it’s more than doubled and he’s selling shares to “give the market more liquidity”.
Interesting gap down opened a little higher than his selling price, went to fill the gap during midday, then back to open prices.