I trade bottoms and highs mostly, but still more than once I have missed by just few sats or fractions. Even if I try to guess optimistically by playing safe, it doesn't mean my trade orders will get filled every time, usually every other time. Once I did set sell order at 10 times the previous high and got surprised when the price jumped 100 times the previous high. I could have added the sell order at higher than 10 times, but the likelyhood was so small that it wasn't worth the gamble.
I trade bottoms and highs mostly, but still more than once I have missed by just few sats or fractions. Even if I try to guess optimistically by playing safe, it doesn't mean my trade orders will get filled every time, usually every other time. Once I did set sell order at 10 times the previous high and got surprised when the price jumped 100 times the previous high. I could have added the sell order at higher than 10 times, but the likelyhood was so small that it wasn't worth the gamble.
Alright, well let me know when the bottom is in for bitcoin. :)
Looking at the difference between EMA-5 and EMA-10 suggest there is still long way till the bottom, at least two months.