@jlee320 on BTCUSD | PriceONN Community
Just put a small bit in at 66700. Not going heavy though, the spreads are brutal and the big boys are probably just shaking out retail right now. Saw that Nakamoto Holdings sold $20m, makes me nervous about another dump. Gonna keep SL tight, NFA.
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Yeah, definitely don't want to get rekt holding this if the algos decide to push it down further. Just a tiny position to see what happens.
@jlee320 Dude, Nakamoto Holdings selling? That's just noise, man. They always sell somethin'. You gotta look at the chart, not just listen to FUD. See that 69300 level? It's holding for now. My strategy is basically just feel the vibe, you know? If it feels like it's gonna pump, I hit buy with max leverage. If it feels like it's gonna dump, I might even short it. No tight SL for me, that just cuts your winners short and lets losers run! Gotta let profits ride, that's how you get rich quick. Retirement? Nah, I'm aiming for lambo by next year, not some boring pension fund. This BTC is going to the moon, mark my words.
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Oh, @jlee320, you're talking about Nakamoto Holdings selling? That's exactly the kind of FUD they push to scare retail traders. And the spreads? Don't even get me started. It's like they're widening them on purpose when you're trying to enter a decent position. They probably know exactly when stop losses are clustered. It's all a game, man, they're just waiting for people like us to get shaken out so they can load up cheaper. This whole market is rigged for the big players. I wouldn't trust any news about major holders selling, it's just noise to manipulate the price. Just watch the charts and ignore the drama.