Trading Journal #3: joining the falling-knife lifestyle
A bit of #Fakkt lately on the crypto markets. Don't mind at all. 2018 made me of iron and my hands are of steel. It's a chance to keep #stackingsats and #steemies.
Taken my chance a few hours back and longed with determination at 8411$. Didn't set a stop loss yet as last time got swept out.
Blood in all of the markets, 'sell the news' post #Bakkt, RSI deeply oversold in high timeframes and a mayer multiple telling me to buy desperately.
Just to put a few things in perspective, we didn't see this levels of 'nonsense' panic (at least in the daily timeframes) since the hashrate war of November 2018. Which gave us the previous ciclical low. I think we're nowhere near of that 'drama' situation and I guess the markets will recover in the coming days. I also think that the big players are taking their chance to shake weak hands (once again!).
For now, we landed into 8300$ support.
EDIT: Already at a sweet +3,5% profit. As I said previously I'm not interested ATM in profits (as the balance in my acc. is symbolic), just want to make GOOD trades and get some knowledge and wisdom.
Steem on!
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#stackingsats for sure! I remember back in 2017, there were multiple huge price drops before the end of year parabolic move.
I'm planning to keep stacking some of the world currency every month (at least) until the halving :)
!BEER
!BEER
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Sorry, you don't have enough staked BEER in your account. You need 6 BEER in your virtual fridge to give some of your BEER to others. To view or trade BEER go to steem-engine.com
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BEERat steem-engine.Hey @mjctraining, here is a bit
BEERfor you. Enjoy it!Starting to make good trades is exactly my goal now too! Let btc sink a little more, would love to buy at 6k 😉
Yep, should have waited a bit more :P
!BEER
Maybe it will still dip that low before rocketing! ;)
Or maybe not...
Frankly seeing the 'oversold' status in the high timeframes I'm still refusing to sell.
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