Aged Bitcoin Trader

Check the pic, it was just a classical triangle pattern. Ups or Downs? But no matter how it will go, guys just don't forget to hedge your positions. I just bought a BitOffer 7-days put options contract to hedge the risk. In my view, it was the cheapest way to hedge my bitcoin position: 1. It charges 0 fee, 0 margin. So, I only need to pay premium to buy the contracts. 2. To hedge my position for 7 days, I only need to pay $500. That is the cheapest one that I can find in the market. But I will suggest you guys to buy when the signal shows up. Like this time, the triangle pattern showed up. 3. It is also the easiest hedge tool for newbie or ppl who does not want to deal with complicated things. For example, if the bitcoin price dropped to $4,000 within 7 days, even I lost a lot, I would still directly earn $4,000 from my put options contract on BitOffer. At last, how do you think about the market, Ups or Downs?

Hope you guys are doing well since the BTC price dropped to a level of $8,800. HODL and Buy if the trend line can be held.

Be attention to the market if it shows up continuous rising in a short term. Usually, an adjustment is required. For technical analysis, we can discuss on telegram also.

Yep, patience is the key. Actually, I am expecting the Bitcoin price to hit the level that is more than 15k. 20K would be the least expectation in 2020. Moreover, I would suggest BitOffer Options as the best hedging tool to hedge the Bitcoin positions from value losing while it drops before it start pumping again. Risk control is also the key idea to maxmize the ROI.

Actually, the bull has been cash out before it half. We should wait for the next bull comes from the halving. It should be happened on June

Yep, it should be another bull again. HODL it, and maybe you can find my analysis to review.

So, what price did you expect?

Yep, that is why i said the futures market was toxic now. Options trading may be better. You can try on that, such as BitOffer.com or Binance.com

As we all know, the 3rd bitcoins halving completed 2 days ago. In this post, I made a poll on it, and please kindly select your answer of "did you get liquidated?". And on Friday, I will choose one as the lucky dog to give away an options contracts to him on BitOffer. Under the BULL news of Bitcoins halving, the market did not pump as we expected but plunged when most investors focused on the market with full of hope. At last, only disappointments lasted. The plunge did harm to the investors. The liquidation data showed that during the period before and after the Bitcoins halving, near 300 million dollars positions got to be liquidated. When the market increased to $9,150, it gave out the signal that the market tended to pump. However, it was a temptation. After then, it dropped by more than 10% and predated the positions that fell into the trap. The Bitcoin Futures market now was toxic since some top cryptocurrency exchanges abuse the concept of “leveraged trading” and ignore users’ risk tolerance, like what happened on the ICO market, now bring up a “Yesterday Once More” on the cryptocurrency derivatives market. But if investors who bought put options contracts on BitOffer Options or Binance Futures, they should have hedged their Bitcoin positions. Since the Options trading on BitOffer and Binance was "At-the-money" options, the investors only need to pay the premium that can only be $5 to $100 on BitOffer, then they would be able to directly earn the change of Bitcoins when the Bitcoin price declined while the 3rd Bitcoin Halving. That is why BitOffer investors and Binance users can earn almost 2,000 USDT with $5 to $100.

I offer free bitcoin market analysis, and I always posted in this forum. If you don't mind, you can follow me and check my post.

As the market in the year 2020, you are correct in some ways. A long-term holding will be profitable. But it is not the best strategy to profit off. Here is my views: When a financial market is rising or dropping, it will never only rise or fall. Adjustment is important to a financial market to let it have a break and adjust itself. So, like the bitcoin market in 2020, we all know it is destined to rise, most investors will only hold and never think about that how to maximize the payoff. The best way is that Long Bitcoin when it rises, and close the positions before the market adjustment, then open a new long position when the market is at a low point. After repeating it several times, the profit is possible to be double.

Trading is never boring if you earn a lot from it. And if you are a day-trader, actually, you don't have to focus on the market all time. You only have 3 things to prepare: 1. Find a way to set a price alert; 2. Make a good market analysis; 3. Plan a safe trading strategy including the profit-off plan, risk-control plan and hedge plan.

Well, check my post maybe. I am offering price analysis everyday for free. And the bitcoin price in 2020 seems it will have a boost.

The short-term adjustment came now, so it will be the chance to re-enter again. The bullish will hopefully come again after the short adjustment.

Latest Update:【Bitcoin Market Analysis】 The whole market presented a fall after rising, but most major tokens are still on the process of boosting. The continuous pull-up in a short term brought a huge profitable space, thus, the fall after rise happeneed as our expectation. However, the whole trend still performs powerful. Even though a doji came up on the Bitcoin market, we don't have to suspect it as the ending signal of the bullish. It should be considered as the break of the market while the short-term support at $8,500. About the market within a day, the shocks was maintained at a high level in 30-mins and 1-hour chart of BTC/USDT. Its MACD indicated that now the market is going through a short adjustment. After that, the bullish will hopefully attack the pressure. Long on dips while the support at $8,500 is still a good choice.

【Bitcoin Market Analysis】 The market still remains an uptrend while all the major tokens already surged. In this case, BSV, EOS, and ETC owned the most definite change. Bull power now won the market as the prices of the major tokens are running all above the moving average. Long on dips is still a good strategy in this classical bull market. The trend of BTC still presents strong and keeps a favorable uptrend, as the current pressure at $9,000. In the 30-mins and 1-hour BTC chart, several divergences showed up, a stepped rise is ongoing. The perfect short-term buying point if falling back should be $8,760, and stop-loss at $8,700. Feel free to ask me any question on telegram. @Alejandro01x Hi, I forgot to remind you that I have updated the analysis.

You need to learn more analysis skills then. To set a smarter trading strategy, you need to have a good learning on market analysis as your basis. And here is an analysis I just did and post on the forum: 【Bitcoin Market Analysis】 On the short-term market, the uptrend presented exhausted. As the two continuous Dojis showed up while the declines of the turnovers happened, it is the signal that the market feedback became negative. Besides, the sign of turning around appeared on MA5 because the long has failed at attacking the pressure at $8,250. The whole movement will temporally fluctuate from $8,000 to $8,250. According to the market, the whole performance is not that strong. "Buy Low and Sell High" between $8,000 to $8,250 will be a conservative but smart choice. Furthermore, New Long while breakthrough at $8,250 and New Short while breakdown at $8,000.

【Bitcoin Market Analysis】 On the short-term market, the uptrend presented exhausted. As the two continuous Dojis showed up while the declines of the turnovers happened, it is the signal that the market feedback became negative. Besides, the sign of turning around appeared on MA5 because the long has failed at attacking the pressure at $8,250. The whole movement will temporally fluctuates from $8,000 to $8,250. According to the market, the whole performance is not that strong. "Buy Low and Sell High" between $8,000 to $8,250 will be a conservative but smart choice. Furthermore, New Long while breakthrough at $8,250 and New Short while breakdown at $8,000. For free market analysis and financial consultant, please feel free to contact me on telegram: @agedbitcointrader

not exactly, as the bitcoin derivatives such as futures and options launched, bitcoin trading now is able to long or short. Thus, whether the bull market or bear market, investor can both earn from it with a correct operation.

I work as a financial manager in UBS. And you can check my latest post, you will find a market analysis I did for my client. But I will trying to offer some free tips if people ask me on telegram because I usually deal with my work there. but youtubers will never teach you how to analysis the market by yourself.

@agedbitcointrader

Send me your question on telegram, I will answer you when I am in the office. And only some advice in bitcoin analysis or some investment idea. hum.. I work as a financial manager in UBS. In addition, I don't sell anything.

Cryptotalk.org is a forum, isn't it? you may need to find a crypto exchange first.

Good to see you all, I made this post only to saying hello to you all. And I just updated my profile and tried to see is there any thing I need to do also. Anyway, wish you good luck and happiness while trading. And I offer free financial consultation for crypto traders who really need help.