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Posted on 12/12/24 at 7:01 pm to CE Tiger
One contract controls 5 BTC. You can also trade 1/10, or even 1/100 contract. To answer your question, yes, it's worth it to me right now. I was in and out twice in the last day and a half, and my entry and exit points are posted. It's been pretty good.
Posted on 12/12/24 at 8:38 pm to Iowa Golfer
$30 Link @ CE
Posted on 12/12/24 at 8:49 pm to TheJunction
Blew past $30. Let’s keep this going
Posted on 12/12/24 at 9:51 pm to Iowa Golfer
Iowa, I almost pulled the trigger on another BITX buy order today when Bitcoin was in the 99K range. I was looking for an entry point below $98K so I stuck to my guns. I am definitely pulling the trigger on a BITX buy order if Bitcoin dips below $98K.
I make more money when a pullback continues another couple of thousand dollars and I initiate a 2nd BITX buy order. The most I have made is when Bitcoin continues to fall and I have the guts to open a 3rd order when the first two are deep in the red and Bitcoin is still falling.
I usually stop after I purchase a 3rd falling knife stack of BITX. It has always paid off so far, but going that deep takes a lot of ice in the veins It's more fun when the pullback doesn't continue, I only have one open trade, and the recovery is in a couple of days or less.
I'm still looking for a super quick trade set to open and close in just hours or less. I could do that if I set pullback and recovery price points at $500 apart. Right now I'm shooting for $2K price swings minimum.
I make more money when a pullback continues another couple of thousand dollars and I initiate a 2nd BITX buy order. The most I have made is when Bitcoin continues to fall and I have the guts to open a 3rd order when the first two are deep in the red and Bitcoin is still falling.
I usually stop after I purchase a 3rd falling knife stack of BITX. It has always paid off so far, but going that deep takes a lot of ice in the veins It's more fun when the pullback doesn't continue, I only have one open trade, and the recovery is in a couple of days or less.
I'm still looking for a super quick trade set to open and close in just hours or less. I could do that if I set pullback and recovery price points at $500 apart. Right now I'm shooting for $2K price swings minimum.
Posted on 12/12/24 at 9:56 pm to TheJunction
You bought 30 calls on Link? Help me out, I’m not understanding what you’ve posted.
Posted on 12/12/24 at 10:09 pm to Iowa Golfer
No he was just commenting on the price to me
Posted on 12/13/24 at 5:35 am to CE Tiger
Huh. I had a random alt pump 125% overnight. Velodrome. Didn't see that coming. That's nice to wake up to.
Posted on 12/13/24 at 8:34 am to BottomlandBrew
Is tron becoming a thing?
Posted on 12/14/24 at 8:25 am to 21JumpStreet
Tron has always been a premium shite coin.
Posted on 12/15/24 at 2:08 pm to dkreller
Anyone know what they set it at 21 million coins total? Was that written in the software?
Posted on 12/15/24 at 4:14 pm to Billy Blanks
The 21m cap comes from the block reward starting at 50 and then halving every 210,000 blocks. Satoshi coded blocks to take 10 mins usually to mine so every 4 years the bitcoin block reward halves. This results in no bitcoin left in about 2140 and 21m bitcoins in circulation. So yeah it's because it's coded in.
Posted on 12/15/24 at 5:22 pm to CE Tiger
Bitcoin is currently at an all time high again. Just went over $104K.
Posted on 12/15/24 at 5:24 pm to Iowa Golfer
Short BTC $105K. Might need to average up.
Posted on 12/15/24 at 5:27 pm to Iowa Golfer
$105K
Posted on 12/15/24 at 6:07 pm to 98eagle
Contracts got to $106K, I sold at $105K. Buy to close order pending at $100K. Sunday night market open usually has some overreaction and FOMO I like to jump on.
Posted on 12/15/24 at 6:38 pm to Iowa Golfer
Making money on a Sunday night. Awesome!
Posted on 12/15/24 at 6:39 pm to 98eagle
$106K
Posted on 12/15/24 at 6:45 pm to Iowa Golfer
Sold more contracts at $107K. Hopefully we see a minor corrections so I can buy to close in case it keeps going up.
This post was edited on 12/15/24 at 6:46 pm
Posted on 12/15/24 at 6:53 pm to Iowa Golfer
I would expect some volatility, so hopefully you get your minor correction.
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