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Bitcoin: Does it have a future ?
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mnandii
#1151 Posted : Tuesday, January 07, 2020 9:08:57 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304


On the Daily chart.
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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mamilli
#1152 Posted : Tuesday, January 07, 2020 2:04:36 PM
Rank: Member

Joined: 10/6/2015
Posts: 249
Location: Nairobi
mnandii wrote:
mnandii wrote:
muandiwambeu wrote:

Which platform are using chief mnandii. I feel the tym is almost there. Have been hawk eying this btx$ for a while now.


The analysis is done in Metatrader 4 (MT4) from IcMarkets Australia.



I typically just buy bitcoins to hold e.g from localbitcoins.com

I plan to start leveraged Bitcoin trading on bitmex.com soon. If you know of any other good platform kindly inform.


Your tech analysis always appreciated.
Bitmex still remains a better platform for leverage trading compared to the rather illiquid exchanges like Bybit or Deribit.
Actually have got a small 10X long position (perpetual) on Bitmex (entry @6900).
Never lose your position in a bull market,BTFD.
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mnandii
#1153 Posted : Wednesday, January 08, 2020 2:10:01 PM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
mamilli wrote:
mnandii wrote:
mnandii wrote:
muandiwambeu wrote:

Which platform are using chief mnandii. I feel the tym is almost there. Have been hawk eying this btx$ for a while now.


The analysis is done in Metatrader 4 (MT4) from IcMarkets Australia.



I typically just buy bitcoins to hold e.g from localbitcoins.com

I plan to start leveraged Bitcoin trading on bitmex.com soon. If you know of any other good platform kindly inform.


Your tech analysis always appreciated.
Bitmex still remains a better platform for leverage trading compared to the rather illiquid exchanges like Bybit or Deribit.
Actually have got a small 10X long position (perpetual) on Bitmex (entry @6900).

Great!
Thanks
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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mnandii
#1154 Posted : Friday, January 10, 2020 9:09:49 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
A scenario where Bitcoin falls below $6300 still exists. So beware.
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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mamilli
#1155 Posted : Saturday, January 11, 2020 5:34:51 PM
Rank: Member

Joined: 10/6/2015
Posts: 249
Location: Nairobi
mnandii wrote:
A scenario where Bitcoin falls below $6300 still exists. So beware.


Hehe...Disclaimer muhimu! One should also work with the scenario where it plummets to zero,just trippin.
Only in cryptoverse where you want BTC to go up and down at the same damn time!...case in point my current situation,have got an open 10X LONG with buy orders stack like 50 bucks shy of the liquidation price of the preceding average buying price,all the way down to 5250(anything below that the entire position,roughly usd 6k,goes burst) think of it as dollar cost averaging.
So far so good,besides what's at stake is the "house's money"...God bless Arthur hayes!

Yangu disclaimer pia smile ....Anything more than 5X leverage and you are courting trouble!
Never lose your position in a bull market,BTFD.
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  | | Edit by user: Saturday, January 11, 2020 5:43 PM | Reason: Not specified
mnandii
#1156 Posted : Thursday, January 30, 2020 4:46:48 PM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304


BITCOIN has now bottomed at $6362.50.

Expect a three wave correction to about $7000 but which should not go below 6362.50.

Afterwards a strong third wave that will take Bitcoin to above and beyond $19280s, the previous all-time high.

All the best in your trading or investment (you'll need Bitcoin to transact soon when your currency goes the Zimbabwean or Venezuelan way).
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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passiveinvestor
#1157 Posted : Thursday, January 30, 2020 5:47:38 PM
Rank: Member

Joined: 12/8/2006
Posts: 104
is there currently a way to cash out of BTC positions and get KES without a killer charge?
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Muller21QW
#1158 Posted : Thursday, January 30, 2020 6:55:13 PM
Rank: New-farer

Joined: 5/29/2019
Posts: 18
I'm worried about this issue, so my friend advises me to invest in bitcoin.
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mamilli
#1159 Posted : Tuesday, February 04, 2020 11:42:51 AM
Rank: Member

Joined: 10/6/2015
Posts: 249
Location: Nairobi
passiveinvestor wrote:
is there currently a way to cash out of BTC positions and get KES without a killer charge?


Only if you literally do it peer to peer,otherwise charges apply virtually across all platforms.

ION,US gov't is to auction 4000 BTC this month...
https://www.theblockcryp...-than-4000-btc-on-feb-18
Never lose your position in a bull market,BTFD.
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  | | Edit by user: Tuesday, February 04, 2020 11:46 AM | Reason: Not specified
Ryko
#1160 Posted : Tuesday, February 04, 2020 9:15:48 PM
Rank: Member

Joined: 5/27/2016
Posts: 274
Location: Pub
passiveinvestor wrote:
is there currently a way to cash out of BTC positions and get KES without a killer charge?



Why would anyone cash out BTC now we just finishing a 2yr bear and we about to begin a long year ahead of winding bull market since halving is in 3 months (May).

Anyway, you can use the Paycent Credit Card (USD) it works well in all Kenya bank ATM that is what I use https://paycent.com/paycent-card/

It works like a any normal international card, most charges are ATM charges/conversion. This is an option if you don't want to deal with people/security/safaricom scandals/ bank fraud scandals/mistrust etc
I work so I can afford the amount of alcohol required to continue going to work
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