It is the most important day of the year in a number of different ways. It is the last day of the year with the big move into the new year, the one, we have discussed before, where everything seems to be in place for an amazing year for the currency. This should be one of the last, most important, buying days of the year in a number of ways. It is also the day where the first big sell of the year is almost guaranteed. And that is where we can find out which is the most important day of the year for trading bitcoin. If Bitcoin is going to rise to $1000 – the price target for 2015 – then we want to get in right now. If you don’t make a trade by this point, then at some point the price could be a lot higher. Even for someone who is willing to jump from $750 to $900, a trade from $800 to $900 is a good way to lose money if you haven’t got time to research the market and do your due diligence properly. This is why I strongly advocate buying and selling at the same time the same day (or close thereto). This allows you to get in right at the right time and to be sure you don’t lose money by jumping in later. A second very important day in bitcoin trading is the day before the big “swing low”. At this point, the move into the new year is in full force and everything is very strong relative to the rest of the year. We can say that this is the day on which the first great rally in bitcoin occurs. For us, this means a sell order for the price has closed. The sell order has closed and is locked, so there is now no buying and no selling. Bitcoin is now trading as well as it has in years past. The sell order has closed and is locked and is no longer open for trading. On the other hand, if you are selling, you can still open an open trading order and sell. But this only gets you $500 of trading. With our open-sell trade, we would be in a position with a maximum of $800, and a maximum of $12,000 in cash. This is the day at which the $12,000 in cash we have in the account would turn $500 in Bitcoin over to the selling side of the trade. This is more trading volume than any day in the past few weeks.
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