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/biz/ - Business & Finance


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10615181 No.10615181 [Reply] [Original]

Is there anybody who actually made money by shorting during the fallings from 14k, 12k or 8k?

I am wondering if there was seriously a way to predict with good probability the down trend?

>> No.10615198
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10615198

>>10615181
I actually made a few grand...ironically I sold when tone vays started to get a bit bullish. I sold at 8k. I’m probably going to jump back in because I got lucky and I don’t think I’ll catch the bottom.

>> No.10615212

>>10615198
But how did you predict a fall?

>> No.10615242
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10615242

>>10615181
>no way to predict a downtrend
sure there is. just consult the meme lines

>> No.10615647

>>10615212
People kept getting excited about the ETF and saying it was a shoe in. I honestly "Bought the rumor, sold the news" and felt that there was too much resistance to actually break thru 9k. Everything felt overbought and biz was so excited...I honestly just took a gamble. Ive done it a few times...and I've made money each time. It really is guessing. When I feel its too high, I sell...and when I feels like it cant get any lower I buy. Like right now...I bought a bit cause everyone seems like they are pulling their hair out.

>> No.10615661

>>10615647
I only gamble with 2 BTC and the rest is always a HODL, and I never gamble the ALTS. I just let them sit. The alts are long shot investments and harder to predict.

>> No.10615745

>>10615242
is it okay that this chart is mirrored?

>> No.10615751

>>10615242
and re-draw them as necessary if you happen to be wrong.

>> No.10616614

>>10615181
I've been in my room working on a time machine for the past year.