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Bitcoin future?

Discussion in 'Market Predictions and Reports' started by momo3HC, Feb 23, 2019.

  1. JonTrades

    JonTrades Recruit

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    Bitcoin loves to move big!

    I've dabbled in trading Bitcoin as a CFD and scalp it over a few days.

    I've started testing a few EA risk management tools that automate stop loss movement to previous day's high lows for SL. Kind of like trailing stops.

    If you can catch a few days moves back to back your looking good!
     
  2. ExpertAsianTrader

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    Bitcoin do some huge moves in last couple of weeks. It seems like it halt again temporary. What's your view and anything to share?
     
  3. ExpertAsianTrader

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    Maybe I can agree this. The most similar part are everybody see the different price (Talking about the digit after decimal points).
     
  4. momo3HC

    momo3HC Corporal

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    No. May be the most similar part is that you can make or lose good money with the same ease. ;)
     
  5. ExpertAsianTrader

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    I have to agree to this point too. LoL
     
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  6. TrapLok

    TrapLok Recruit

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    I agree. Crypto market might look similar to Forex, because you buy and sell currency or some asset. On the other side, there are completely different market drivers which impact its volatility. I think that crypto is still very simple market driven by investors perception about potential earnings
     
  7. momo3HC

    momo3HC Corporal

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    Well, there are different market drivers for sure but not completely different. Also there are some rules (technical or fundamental) which apply for both markets.
     
  8. ExpertAsianTrader

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    Noo matter what instrument you are trading with, you still can't get away from supply and demand as the main driver.
     
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  9. momo3HC

    momo3HC Corporal

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    Yep. ;)
     

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