When trading bitcoins you can expect the market will move before the news gets out – in other words, the market will do the unexpectable and your trading methods have to provide for that. …
Our prediction for a long position two days ago proved correct – is it time
to take profits? or add onto the trade?
Bitcoin News for Jan 7 2015
The recent sell off and drop in prices are now attributed to the theft of
19,000 bitcoins, and the thieves subsequently dumping the stolen bitcoins
on the market.
This shows that just 19k (5 million US dollars in bitcoin value) is enough
to move the markets…
Bitcoin charts were the first to break the news, followed by reports posted
to bitcoin forums
Bitcoin news feeds were a few days behind before reporting the reason why
bitcoins have been going down at the beginning of 2015.
When trading bitcoins you can expect the market will move before the news
gets out – in other words, the market will do the unexpectable and your
trading methods have to provide for that.
This is why Rule #1 (assume you are wrong unless you are proven correct) is
so important in risk control when you put on a trade in these kind of
volatile and unknown markets.
However, once you have been proven correct, then it’s time to consider
using Rule #2 and adding to the trade.
Bitcoin News for Jan 7 2015
The recent sell off and drop in prices are now attributed to the theft of
19,000 bitcoins, and the thieves subsequently dumping the stolen bitcoins
on the market.
This shows that just 19k (5 million US dollars in bitcoin value) is enough
to move the markets…
Bitcoin charts were the first to break the news, followed by reports posted
to bitcoin forums
Bitcoin news feeds were a few days behind before reporting the reason why
bitcoins have been going down at the beginning of 2015.
#bitcoinnews #tradingbitcoin #bitcoinprice
Bitcoin Price Review says
Our prediction for a long position two days ago proved correct – is it time
to take profits? or add onto the trade?
Bitcoin News for Jan 7 2015
The recent sell off and drop in prices are now attributed to the theft of
19,000 bitcoins, and the thieves subsequently dumping the stolen bitcoins
on the market.
This shows that just 19k (5 million US dollars in bitcoin value) is enough
to move the markets…
Bitcoin charts were the first to break the news, followed by reports posted
to bitcoin forums
Bitcoin news feeds were a few days behind before reporting the reason why
bitcoins have been going down at the beginning of 2015.
#bitcoininvesting #bitcointrading
Bitcoin Price Review says
When trading bitcoins you can expect the market will move before the news
gets out – in other words, the market will do the unexpectable and your
trading methods have to provide for that.
This is why Rule #1 (assume you are wrong unless you are proven correct) is
so important in risk control when you put on a trade in these kind of
volatile and unknown markets.
However, once you have been proven correct, then it’s time to consider
using Rule #2 and adding to the trade.
Bitcoin News for Jan 7 2015
The recent sell off and drop in prices are now attributed to the theft of
19,000 bitcoins, and the thieves subsequently dumping the stolen bitcoins
on the market.
This shows that just 19k (5 million US dollars in bitcoin value) is enough
to move the markets…
Bitcoin charts were the first to break the news, followed by reports posted
to bitcoin forums
Bitcoin news feeds were a few days behind before reporting the reason why
bitcoins have been going down at the beginning of 2015.
#bitcoinnews #tradingbitcoin #bitcoinprice