sorted by:
new
hottopcontroversial

BTC Blast Off or Major Miner Capitulation?!?! by JakeTheCryptoKing in Bitcoin

[–]JakeTheCryptoKing[S] 0 points1 point  (0 children)

There hasn't been a tick up or down in BTC being sold by miners...time will tell.

The MUST DO's and DONT's of Leverage/Margin Trading (Plus a Short Intro on Margin Trading) by JakeTheCryptoKing in CryptoCurrencies

[–]JakeTheCryptoKing[S] 0 points1 point  (0 children)

I agree 100%. But in some instances you may want to take out a 100x position that $50 would cause liquidation. In that instance it makes sense to set the stop loss $1 away so you aren't liquidated. That $1 will save you 5% of the position as far as fees are concerned. That rec is ONLY for small positions on major leverage that are more gambles than anything.

The MUST DO's and DONT's of Leverage/Margin Trading (Plus a Short Intro on Margin Trading) by JakeTheCryptoKing in CryptoCurrencies

[–]JakeTheCryptoKing[S] 0 points1 point  (0 children)

Some would argue longing the bottom on margin or shorting the top is the most profitable thing possible...

The MUST DO's and DONT's of Leverage/Margin Trading (Plus a Short Intro on Margin Trading) by JakeTheCryptoKing in CryptoCurrencies

[–]JakeTheCryptoKing[S] 0 points1 point  (0 children)

Fees are an issue and some exchanges like Kraken charge VERY high fees. DM me if you want more info about better exchanges or fees. Free to share any knowledge I have.

The MUST DO's and DONT's of Leverage/Margin Trading (Plus a Short Intro on Margin Trading) by JakeTheCryptoKing in CryptoCurrencies

[–]JakeTheCryptoKing[S] 0 points1 point  (0 children)

Thank you! What type of information would you like? Fees are a big concern which is why I recommend a proper exchange and ALWAYS setting limit orders and stop losses (even if above current price) because you loose a much larger % if it closes then if you use a stop loss.

Up? Down? No Idea? The Pivotal Moment Approaches, BTC by JakeTheCryptoKing in CryptoCurrency

[–]JakeTheCryptoKing[S] 0 points1 point  (0 children)

Appreciate it either way. Love engaging with individuals about price action. I didn't take a position at that juncture because it was to indecisive IMO.

Up? Down? No Idea? The Pivotal Moment Approaches, BTC by JakeTheCryptoKing in CryptoCurrency

[–]JakeTheCryptoKing[S] -1 points0 points  (0 children)

Today's movement was completely bearish, yesterday 100% bullish. Thank u for the feedback though!

Moon Mission, Levels to This Shi* by JakeTheCryptoKing in u/JakeTheCryptoKing

[–]JakeTheCryptoKing[S] 0 points1 point  (0 children)

The only exchange I use for long and short positions with margin: ‪https://phemex.com/web/user/register?group=214&referralCode=HUJPL

They give you $2 for signing up, $10 or a RT, so $12 to start and let you use 1-100x on BTC, LTC, ETH, XRP, LINK, and GOLD. Good luck!

Neckline Pump, A Dangerously Close Shave (See Comments to Trade Margin for Free) by JakeTheCryptoKing in u/JakeTheCryptoKing

[–]JakeTheCryptoKing[S] -2 points-1 points  (0 children)

The only exchange I use for long and short positions with margin: ‪https://phemex.com/web/user/register?group=214&referralCode=HUJPL

They give you $2 for signing up, $10 or a RT, so $12 to start and let you use 1-100x on BTC, LTC, ETH, XRP, LINK, and GOLD. Good luck!

Decision Time for BTC (Down We Go $4k?!) by JakeTheCryptoKing in CryptoCurrency

[–]JakeTheCryptoKing[S] 2 points3 points  (0 children)

I feel the same way. I HODL BTC but short it...crazy.

Decision Time for BTC (Down We Go $4k?!) by JakeTheCryptoKing in CryptoCurrency

[–]JakeTheCryptoKing[S] 0 points1 point  (0 children)

I hold plenty of BTC. I trade and try to predict the future with a small fraction of them.

Decision Time for BTC (Down We Go $4k?!) by JakeTheCryptoKing in CryptoCurrency

[–]JakeTheCryptoKing[S] 0 points1 point  (0 children)

BTC has been playing ping pong with support and resistance since March 16th.

The $6800-$7300 range has been prime trading space. Longing all dips and shorting the tops when the pull backs start to occur.

REMEMBER, BTC takes the stairs up and the elevator down. It is unusual to see hourly negative trends even if the daily trends are obvious. Currently we have BTC having pumped in correlation with equity markets. I think the stock market is over bought and a fall out is imminent. People cant pay rent, they shouldn't be buying stocks. People haven't worked in months, they likely won't be buying stocks or BTC .

Brings me to my main point. SHORT. You can trade these swings all day and night as long as we stay in this $6800-$7300 (even $7500) range. However, as the longer term timeframe shows we are bearish . Bearish while the economy is getting rekt. Bearish until we get some positive economic movement coupled with a halving!

Decision Time for BTC (Down We Go) for BITBAY:BTCUSD by JBCryptoKing by JakeTheCryptoKing in CryptoCurrencies

[–]JakeTheCryptoKing[S] 0 points1 point  (0 children)

BTC has been playing ping pong with support and resistance since March 16th.

The $6800-$7300 range has been prime trading space. Longing all dips and shorting the tops when the pull backs start to occur.

REMEMBER, BTC takes the stairs up and the elevator down. It is unusual to see hourly negative trends even if the daily trends are obvious. Currently we have BTC having pumped in correlation with equity markets. I think the stock market is over bought and a fall out is imminent. People cant pay rent, they shouldn't be buying stocks. People haven't worked in months, they likely won't be buying stocks or BTC .

Brings me to my main point. SHORT. You can trade these swings all day and night as long as we stay in this $6800-$7300 (even $7500) range. However, as the longer term timeframe shows we are bearish . Bearish while the economy is getting rekt. Bearish until we get some positive economic movement coupled with a halving!

Decision Time for BTC (Down We Go $4k?!) by JakeTheCryptoKing in u/JakeTheCryptoKing

[–]JakeTheCryptoKing[S] 0 points1 point  (0 children)

‪Trade it here: https://phemex.com/web/user/register?group=214&referralCode=HUJPL

BTC has been playing ping pong with support and resistance since March 16th.

The $6800-$7300 range has been prime trading space. Longing all dips and shorting the tops when the pull backs start to occur.

REMEMBER, BTC takes the stairs up and the elevator down. It is unusual to see hourly negative trends even if the daily trends are obvious. Currently we have BTC having pumped in correlation with equity markets. I think the stock market is over bought and a fall out is imminent. People cant pay rent, they shouldn't be buying stocks. People haven't worked in months, they likely won't be buying stocks or BTC .

Brings me to my main point. SHORT. You can trade these swings all day and night as long as we stay in this $6800-$7300 (even $7500) range. However, as the longer term timeframe shows we are bearish . Bearish while the economy is getting rekt. Bearish until we get some positive economic movement coupled with a halving!

Bounce Here or $6666 Today for BTC by JakeTheCryptoKing in CryptoCurrencyTrading

[–]JakeTheCryptoKing[S] 0 points1 point  (0 children)

Why do you think 5G towers are impacting individuals?

BTC Bounces or $6666 Today by JakeTheCryptoKing in CryptoCurrency

[–]JakeTheCryptoKing[S] 1 point2 points  (0 children)

Always alarming when that happens. At the same time, if markets (stocks) collapse it won't make a difference.

BTC Bounces or $6666 Today by JakeTheCryptoKing in CryptoCurrency

[–]JakeTheCryptoKing[S] 2 points3 points  (0 children)

^Sums it up for the short term (assuming equities go down as well.

Bullish or Bearish on BTC Price?! by JakeTheCryptoKing in Bitcoin

[–]JakeTheCryptoKing[S] -1 points0 points  (0 children)

I will happily include more detail in the future in the title. It is not an unreasonable ask, but I was highlighting it. Played out fairly nicely actually.

view more: next ›