How do I read this graph properly? I've decided to inve

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Anonymous
2016-06-25 17:40:49 Post No. 1337487
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Anonymous 2016-06-25 17:40:49 Post No. 1337487 [Report]

How do I read this graph properly?
I've decided to invest 4500 dollars in bitcoin. Some random dude on /pol/ recommended me to use bitstamp.com, I registered myself and everything, but when I went to trade I got this.
Since I know I'm not experienced I won't even try to do some scalping, just wait few days until it gets "low" again to buy some.
Any tips are welcome.
(example, how low is low, how much time you think I should hold my bitcoins before selling them back in, etc.)

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Anonymous 2016-06-25 18:07:39 Post No.1337527
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Anonymous 2016-06-25 18:07:39 Post No.1337527 [Report]

>>1337487
that theres more selling pressure which would indicate that theres too many people in a position which means in order to make money, you have to short and move price down. expect to see 575 tested

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Anonymous 2016-06-25 18:12:58 Post No.1337535
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Anonymous 2016-06-25 18:12:58 Post No.1337535 [Report]

>>1337487
I got it, thanks, anon. When do you think it's a good time to invest my money?
Also, as you might have noticed, I'm as inexperienced as it gets. The money I'm invest won't make any difference to me, but of course, nobody likes to lose money.

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Anonymous 2016-06-25 18:15:18 Post No.1337541
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Anonymous 2016-06-25 18:15:18 Post No.1337541 [Report]

>>1337535
>investing
>in monopoly money

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Anonymous 2016-06-25 18:22:58 Post No.1337557
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Anonymous 2016-06-25 18:22:58 Post No.1337557 [Report]

>>1337541
I don't want to make a lifetime investment, just play a bit with some money and see if I can make it bigger.

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Anonymous 2016-06-25 18:27:26 Post No.1337561
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Anonymous 2016-06-25 18:27:26 Post No.1337561 [Report]

>>1337535
>I'm investing*