I understand if people don't like my shorting idea, but you don't have to trade like it.
I just wanna say, all the huge pumps up have follow with huge retracement down. The past of other cryptocurrancies showed it.
Look at the examples: - Ripple from 0.40 to 0.13 usd. - NEO from 57 to 13 usd. - ETH from 420 to 140 usd.
And there way more examples. I just wanna be realistic and give u guys a good view. It's not that I don't beleve in IOTA. IOTA is one of my few core holdings.
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Markets don't move straight up or down. So yes I still believe we gonna hit target of 2.10usd.
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We're still on track moving in the channel I show u in the chart below.
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I still think it will drop. When it broke out the channel, I automatically did bought a long position at 4.20 usd when it broke out. But I closed it for at 4.50 usd and opened a short. I'm looking for a new short opportunity, because I still think we're in the B leg and still get the C leg down.
His idea could be correct, there hasn't been a proper ABC correction yet. However I won't risk it and sell anything, i'll just buy much more if it drops to 2.4 hehe
ustas2
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IOTA breaked ascending triangle and going to 10
ustas2
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Never short iota. it have day trading volume like Bitcoin.
hopeTo
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You are again wrong . You are insisting your wrong prediction. This is the third times I lose because of believing you.
midzimu
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@hopeTo, facepalm... its ur own fault and it can still happen..
UnknownUnicorn1413254
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@hopeTo, If you lost money, it's not because of my wrong prediction, but because of you're personal trade.
You should think about a lot before opening a trade:
- Where to buy in;
- Where to stop out;
- What position size do I take.
For example if you open a short at 3.50usd, the risks are way higher and maybe not worth the risks. For me personally I opened the trade at 4.30usd. So my risks aren't that high and when we go out of the channel I can still close it with a small profit. What I wanna say with this. U made a lost because of you're own decisions. There wasn't a reason to stop the trade yet.
You probably shouldn't get emotional and try to see the big picture. You can't just follow a trade and blame the publicator of the idea when you lose money. It's your money, your trade and your mistake if you lose money.
@Sabibaby, you are very rude. do you have problems with your real life. Because these words are not a normal person's. Write respectfully without insulting or don't write. If you continue t write without respect, I have also some word to write.
Sabibaby
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@hopeTo, I'm sorry that was rude :( but you shouldn't follow someone online especially when if like you said you already lost money following them twice before... but again that was mean for me to say that just don't be so nieve to follow all these people, they're posting their opinions but they aren't always right you have to use your own judgement.
webmi
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If you are right,.. i will give you one BTC!
Learned a lot from you,... but you are dead wrong here