RE: Bitcoin Trend / No. 512 / The Road Have Been Bumpy

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RE: Bitcoin Trend / No. 512 / The Road Have Been Bumpy

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freiheit50 (70)in #bitcoin • 7 years ago (edited)

Thanks for mentioning me as your friend! Without any doubt trading can be much more successful, but has some disadvantages, too. It takes more time, costs more mental attention and if you are wrong, you can be sweeped out of the market. Holding over more than one year is tax free in Germany.
Yesterday I mentioned you as a awesome expert of the btc chart:
https://steemit.com/deutsch/@freiheit50/ein-entspannter-und-trotzdem-spannender-blick-auf-den-bitcoin

7 years ago in #bitcoin by freiheit50 (70)

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lordoftruth (71) 7 years ago (edited)

I know you are holder and I was holder also but for now I use half for trading half for holding..

I agree with you the trading is so hard but I like to play the game..
My point of view that:

2017 for holders..
2018 for trading ( the first 3 months )..

Thanks for mention mate, I am not expert, I am just a trader! I will check your post soon.

Note, There are also bullish flag pattern. Traders on the 4-HR chart, waiting for a likely return-move to retest 10.15K level, before entering a long position, they will place a stop-loss anywhere under key level, below 10 K - Target 1: would be 11.7K .. Target 2: would be 12.8K on near term.

Note, Bitcoin price was able to draw some gains the last days, even though equities and commodities closed lower. This marks a shift in the dynamic wherein bitcoin usually trails these riskier assets and benefits from risk appetite

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