Open Trade
USDBTCLong Forex
Entry comments: Open long term position build into #bitcoin, I'm going to be building this position when price is at value points. A reminder that #btc is currently far less liquid then #FOREX, price will fluctuate wildly much like small caps. If your going to follow this trade keep your personal risk in check as this will open for the long term
| Date | Price | |
|---|---|---|
| Entry | 1/29/2014 | 789.87 |
- Total Views1,109
- Position Size1
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added +1 at 738.51
Added +1 @787.24
+1 @ $804.28
+2 @675.88
+1 @$696.93
+2 @ 599.55 on exchange bug rumors
4@ 546.57 I love all the nitwits out there quoting the #bitcoin #mtgox price to support their argument that price is down 90%...its lost all of its value blah blah blah...if your going to slag off something at least be accurate...#dipshits
#bitcoin +15 @ $416 its always nice to be able to buy something it’s during the middle of an irrational full blown market panic. For me these are buy and holds for the long term. http://screencast.com/t/kMTwPLPOJI
Adding 1@631.00 looking for as break upwards of 710. Kind of looks like a flag pattern forming on the 60 min chart. http://screencast.com/t/VvnFpX2sYSG
added 4.4 @ 597 http://screencast.com/t/tt03A4ozc
BTC Ascending Triangle Breakout?
#Bitcoin shit the bed over the last few weeks, the only thing that is saving this position and keeping it afloat is the exchange rate conversion and dollar cost averaging. This was always going to be a long term trade with "play money" speculating on higher adoption levels.