Shorting ETH & buing Dash
- Thread starter myDice_co
- Start date
Sub-Ether
Well-known member
Haha, tell me about it-yes how do they know? I shorted a bit of etherium and got burned, the loans are monitered so when the shorts go up there will be an attempted short squeeze and margin call by the bullish longs, caution is advised those guys know how to play the market and play psychological games.Sure, it's tempting, with such uptrend, to make market moves, but for me it's impossible: I am sure there is a tap monitoring my computer, and this tap is wired directly to the markets... because whenever I see a good market trend, and decide to buy, sell, or make any speculative movement, the moment I press the button here in my computer.... boom, the market immediately reverts the trend, and my investment is always in the lose :sad:
...now, seriously, I really feel tempted to play, but my previous experiences where not the best...
dark_wanderer
Member
It seems, the DASH price might be more optimal for setting up additional masternodes if one could afford waiting a couple of weeks...
As of today, the 0.01 support is breached. I don't know for how long. May be, the recent January rally into the 0.015+ territory is out of steam. And a dump could follow.
Some people explained this rally with 1) Soda machine or 2) Evolution (prototype) or 3) Craptsy's dump is over. If the price would go down back to 0.005-0.007, what would those people conclude?
Or are our crypto-oligarchs cashing out?
Edit: added 3) craptsy item
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The ethereum sellout will be fast and brutal. Some articles confirm it's mainly traders trading on the latest hype - big banks, microsoft and such news.
What all these big companies are doing is copying the technology and building their own private chains. There's no big company or bank willing to use their public chain and buy Ether coins to do it.
What all these big companies are doing is copying the technology and building their own private chains. There's no big company or bank willing to use their public chain and buy Ether coins to do it.
Jeztah
Active member
I just wish I didn't listen to my self when I said....... "Self, .0045 for ETH is too expensive, you will lose your ass when it tanks".
FML
Hype can last a while. Just look at the Counterparty hype that lasted on bs news after overstock recruited the devs. Hype needs to run its course.
Speaking of shorthing though; professional shorters won't just short ethereum just like that. They will buy some negative press articles exposing this ether scam in order to build a strong downwards momentum.
dark_wanderer
Member
Yeah. FOMO is a bad adviser, and FOMO in a vast majority of cases crystallizes into losses
Every time my fingers are itching to buy/sell, I try to relax, recall the last mistakes, and ... do the opposite Now, I wonder how many people are about to buy DASH at a "good" price of 0.0093? How many of them had the same thoughts at 0.011? FOMO: tomorrow the price will be 0.02, don't miss out!!!
Straight from the slimeball shorter's mouth. This is how professional shorting is done:
Jeztah
Active member
I feel fortunate to have been able to watch that vid before someone took it down. Opened my eyes a little.
Yeah, someone just took it down which is weird. Good thing is it was uploaded by others as well.
Yeah. FOMO is a bad adviser, and FOMO in a vast majority of cases crystallizes into losses
Now, I wonder how many people are about to buy DASH at a "good" price of 0.0093? How many of them had the same thoughts at 0.011? FOMO: tomorrow the price will be 0.02, don't miss out!!!
Needless to say the shorting strategy presented in this video I've linked also applies in reverse. Video actually mentions the reverse, creating bubbles, driving up the price. I wouldn't trust what's going on on Poloniex right now. Someone is pulling a savvy pump, done over the course of a few days. It will be painful once he pulls out the rug from underneath suckers who bought into it.
I'm connected to the same networkSure, it's tempting, with such uptrend, to make market moves, but for me it's impossible: I am sure there is a tap monitoring my computer, and this tap is wired directly to the markets... because whenever I see a good market trend, and decide to buy, sell, or make any speculative movement, the moment I press the button here in my computer.... boom, the market immediately reverts the trend, and my investment is always in the lose :sad:
...now, seriously, I really feel tempted to play, but my previous experiences where not the best...
Ha ha me too. Got a chance to pick a few more Dash