If you are following me on Twitter @ChrisConeyInt you’ll have seen me post this chart plotting the price of BTCUSD on BitMex which shows the price becoming exponential. That’s not sustainable. Even FOMO energy becomes exhausted at some point.
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carefull... I am glad I'm not a trader ...
Might follow ur footstep :D
Yeah these parabolic moves have me nervous. Thanks for sharing your thinking and broad strokes strategy, Chris!
Good to see today's video after the weekend. Criteria for trade still not meet
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Time to return to practice. I've long understood your breathing analogy and have followed it. Parabolic moves always feel good. Need to learn that jumping out early is not a bad thing. If the market comes back down, I'm ready. If the parabolic move continues, don't chase it.
Thanks for sharing, it ever more likely the bottom is already in i.e. in Dec 2018. Many other crypto youtubers are now changing their views towards this opinion.
Indeed, logically correction to take place soon, but perhaps in June time will tell.
Looking forward an episode on ETX.
I'm just not brave enough to short BTC period.
Today seems the day ... Try it now maybe ...
Breathing markets. Nice idea.
BTC seems to be very bullish. a lot of shorts are very/too high
I find shorting to be useful for hedging vs actual price prediction
Hey Chris, thanks one more time for your videos!!!. Just wandering if have you done a comparison between Steemit Vs Youtube income per video or follower??? Cheers
I remember you saying that you were investing a good amount of Bitcoin / USD in Tether.. but they ended up having an issue as of late.
I don't think it's wise to short Bitcoin, even if it's just for a "quick buck".