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Can we have a non-hate mail vs fanboy thread on trading Bitcoin?
invite response
2022 Mar 12, 4:27pm 25,379 views 189 comments
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47
Rin
2022 Mar 16, 11:21am
Rin
2022 Mar 16, 11:21am
mostly reader says
Usually, it's the confluence of the EUR/USD & GBP/USD (with a greater weighing towards the EUR as its the higher volume on the forex) making newer multi-year lows than during bullish highs of the major US markets.
And continental Europe's problems don't necessarily affect Britain at the same time & the USD strengthening effect is over longer periods of time, not around singular events like the Crimean/Ukraine war.
So right now, the EUR is close to doing it while the GBP is holding up above its multi-year low. All and all, with the Fed's latest hike, we'll see how this pans out in the months ahead.
EUR/USD
Usually, it's the confluence of the EUR/USD & GBP/USD (with a greater weighing towards the EUR as its the higher volume on the forex) making newer multi-year lows than during bullish highs of the major US markets.
And continental Europe's problems don't necessarily affect Britain at the same time & the USD strengthening effect is over longer periods of time, not around singular events like the Crimean/Ukraine war.
So right now, the EUR is close to doing it while the GBP is holding up above its multi-year low. All and all, with the Fed's latest hike, we'll see how this pans out in the months ahead.
48
Rin
2022 Mar 16, 1:09pm
Rin
2022 Mar 16, 1:09pm
One more time ... if the markets uniformly collapse, do not sell your holdings of Altria, British-American Tobacco, & Rio Tinto.
Those stocks give great dividends and during a meltdown, where all stock prices fall, your dividend payouts will double & then, you'll have a lot more re-invested equities under your belt.
This is the opposite advice for overpriced blue chips where yes, you should sell before the meltdown because you'll lose all of your cap gains.
Let me give you an example, here's my local power company, Eversource (ES) ...
It gives a 3% dividend but here's the issue ... it never experienced a single price reduction/fluctuation for the longest period of time. It's a perma-bull, always above the 50 MA regardless. So here's the story, when the market crashes, I'll doubt that New Englanders won't need power and thus, Eversource will be a 8-10% dividend stock giving one a retirement income with little chance of going out of business.
And others, like Proctor & Gamble, have had much higher price climbs than Eversource. At least ES is slowing down.
Those stocks give great dividends and during a meltdown, where all stock prices fall, your dividend payouts will double & then, you'll have a lot more re-invested equities under your belt.
This is the opposite advice for overpriced blue chips where yes, you should sell before the meltdown because you'll lose all of your cap gains.
Let me give you an example, here's my local power company, Eversource (ES) ...
It gives a 3% dividend but here's the issue ... it never experienced a single price reduction/fluctuation for the longest period of time. It's a perma-bull, always above the 50 MA regardless. So here's the story, when the market crashes, I'll doubt that New Englanders won't need power and thus, Eversource will be a 8-10% dividend stock giving one a retirement income with little chance of going out of business.
And others, like Proctor & Gamble, have had much higher price climbs than Eversource. At least ES is slowing down.
49
Cash
2022 Mar 20, 5:46am
Which big companies use blockchain and crypto?
https://cryptonews.net/news/blokcheyn/3902561/?source=patrick.net
In addition, 55 of the world’s top 100 banks by volume of assets under management have invested in blockchain companies, as have 36 of the world’s top 100 listed companies.
These include Alphabet (formerly Google), Microsoft, Samsung, Intel, PayPal, Goldman Sachs, Mastercard and Visa, to name but the best known.
So we can conclude fuck BBB
https://patrick.net/post/1336460/2020-11-10-bitcoin-misinformation#last
https://cryptonews.net/news/blokcheyn/3902561/?source=patrick.net
In addition, 55 of the world’s top 100 banks by volume of assets under management have invested in blockchain companies, as have 36 of the world’s top 100 listed companies.
These include Alphabet (formerly Google), Microsoft, Samsung, Intel, PayPal, Goldman Sachs, Mastercard and Visa, to name but the best known.
So we can conclude fuck BBB
https://patrick.net/post/1336460/2020-11-10-bitcoin-misinformation#last
50
Rin
2022 Mar 22, 1:17pm
Rin
2022 Mar 22, 1:17pm
Using last year's chart, we're still in the price congestion zone & hoping for a breakout above it ...
51
Rin
2022 Mar 24, 2:58pm
Rin
2022 Mar 24, 2:58pm
Ok, this is the first week where bitcoin closed above the price congestion area (for the sell off period of late 2021 to early 2022) ...
Keeping an eye on the Rus2K "holding its ground", as a barometer for the general market meltdown (or not), it's time for bitcoin to either go big or go home.
Keeping an eye on the Rus2K "holding its ground", as a barometer for the general market meltdown (or not), it's time for bitcoin to either go big or go home.
53
Cash
2022 Mar 28, 7:48am
Rin says
Nope, just more sideways action for commodities, crypto and possibly the equities market imo. Until the USD index dumps and it don't look like much of a chance of that atm
the banks and institutions are still raiding the coffers yet needing USDs to unwind and capture their ill begotten gains and rich's. Markets are way more about supply chain issues then the inflation/weak USD theory.
it's time for bitcoin to either go big or go home.
Nope, just more sideways action for commodities, crypto and possibly the equities market imo. Until the USD index dumps and it don't look like much of a chance of that atm
the banks and institutions are still raiding the coffers yet needing USDs to unwind and capture their ill begotten gains and rich's. Markets are way more about supply chain issues then the inflation/weak USD theory.
54
Cash
2022 Mar 28, 8:49am
BTW there are many way better speculation plays in crypro then BTC and ETH plays.
55
PeopleUnited
2022 Mar 28, 10:16am
PeopleUnited
2022 Mar 28, 10:16am
Cash says
For example?
BTW there are many way better speculation plays in crypro then BTC and ETH plays.
For example?
56
WookieMan
2022 Mar 28, 11:32am
WookieMan
2022 Mar 28, 11:32am
PeopleUnited says
Eh... run a business and print your own money and use the tax structure to your benefit. Crypto is not the way to riches. I've been staying out of these threads, but this is fact. You'll make more money in RE or running a business. I don't know a single 7+ figure wealth person not doing real estate or running a business AND doing crypto. Stock traders (which crypto is) generally are broke and talk a big game but aren't actually wealthy and it can dry up at any moment. People need housing, goods and services. Crypto does none of that. Not hating, just factual statements. Someone can tell me if I'm wrong. And no, I don't buy metals, so this isn't a physical asset comment.
Invest in things people NEED. I dislike Buffet as a person, but his strategy is mostly sound. If you need goods, buy BNSF. People need food and drink. Buy large amounts of companies that provide that or transport it.
Cash saysBTW there are many way better speculation plays in crypro then BTC and ETH plays.
For example?
Eh... run a business and print your own money and use the tax structure to your benefit. Crypto is not the way to riches. I've been staying out of these threads, but this is fact. You'll make more money in RE or running a business. I don't know a single 7+ figure wealth person not doing real estate or running a business AND doing crypto. Stock traders (which crypto is) generally are broke and talk a big game but aren't actually wealthy and it can dry up at any moment. People need housing, goods and services. Crypto does none of that. Not hating, just factual statements. Someone can tell me if I'm wrong. And no, I don't buy metals, so this isn't a physical asset comment.
Invest in things people NEED. I dislike Buffet as a person, but his strategy is mostly sound. If you need goods, buy BNSF. People need food and drink. Buy large amounts of companies that provide that or transport it.
57
Cash
2022 Mar 28, 12:36pm
WookieMan says
Why lie? All you do is hate on crypto with your very shallow worthless opinion over and over again coming from left field with nothing new or beneficial to this topic.
This being way more factual then anything you have said about crypto.
Not hating, just factual statements.
Why lie? All you do is hate on crypto with your very shallow worthless opinion over and over again coming from left field with nothing new or beneficial to this topic.
This being way more factual then anything you have said about crypto.
58
Cash
2022 Mar 28, 12:44pm
PeopleUnited says
Some of my favorites are $XRP $HBAR $XDC $SOL $LINK $XLM $ADA $ALGO $VET $LRC to name a few.
Take a note of their price today and come back towards the end of the year some will 10x and perhaps much more and some will hardly
move+/-. Remember the point of my post was speculating nothing more nothing less.
For example?
Some of my favorites are $XRP $HBAR $XDC $SOL $LINK $XLM $ADA $ALGO $VET $LRC to name a few.
Take a note of their price today and come back towards the end of the year some will 10x and perhaps much more and some will hardly
move+/-. Remember the point of my post was speculating nothing more nothing less.
59
Onvacation
2022 Mar 28, 12:52pm
Onvacation
2022 Mar 28, 12:52pm
Cash says
AKA - Gambling that some greater fool will buy your virtual tokens.
Remember the point of my post was speculating nothing more nothing less.
AKA - Gambling that some greater fool will buy your virtual tokens.
60
Cash
2022 Mar 28, 12:55pm
@ PeopleUnited So after wookie stepped in his own dog shit like every time he approaches this subject do you feel saved? Cause you know that is his intentions, to save you and everyone from themselves, and warn patnet'rs not to get involved and educate themselves of crypto the devils workshop.
61
Cash
2022 Mar 28, 1:40pm
Grayscale Threatens Legal Action if SEC Rejects Bitcoin ETF Conversion Bid
Grayscale has been encouraging investors to submit comments, even creating an education page and email form on its website.
“This is a really, really important part of the process,” Sonnenshein said.
“GBTC today is owned by investors in all 50 states, and there’s actually now over 800,000 accounts in the US all waiting patiently to have it converted into an ETF.”
https://blockworks.co/grayscale-threatens-legal-action-if-sec-rejects-bitcoin-etf-conversion-bid/?source=patrick.net
Money Money Money MONEY!!!
BOOM! BOOM! BOOM!
Grayscale has been encouraging investors to submit comments, even creating an education page and email form on its website.
“This is a really, really important part of the process,” Sonnenshein said.
“GBTC today is owned by investors in all 50 states, and there’s actually now over 800,000 accounts in the US all waiting patiently to have it converted into an ETF.”
https://blockworks.co/grayscale-threatens-legal-action-if-sec-rejects-bitcoin-etf-conversion-bid/?source=patrick.net
Money Money Money MONEY!!!
BOOM! BOOM! BOOM!
62
Cash
2022 Mar 28, 1:48pm
Onvacation says
LIKE all markets Speculative!!! ask the the gold bugs, who pumped gold and was sure that speculation would be 5k 10k 50k year after year..
I have gold, silver etc. and like owning it, but still waiting 10yrs later for this quick "get rich scheme" end of the world prices lmao ...
Now those who speculated 10yrs ago on BTC 900,000%+/- since origination.
AKA - Gambling that some greater fool will buy your virtual tokens
LIKE all markets Speculative!!! ask the the gold bugs, who pumped gold and was sure that speculation would be 5k 10k 50k year after year..
I have gold, silver etc. and like owning it, but still waiting 10yrs later for this quick "get rich scheme" end of the world prices lmao ...
Now those who speculated 10yrs ago on BTC 900,000%+/- since origination.
63
Cash
2022 Mar 28, 1:58pm
Strongest markets today "Safe Money"
USD
JPY
CHF
Crypto...
While equities, metals and oil muddle although they will be popping at some point, but not until the USD actually rolls over.
USD
JPY
CHF
Crypto...
While equities, metals and oil muddle although they will be popping at some point, but not until the USD actually rolls over.
64
Cash
2022 Mar 28, 2:29pm
Here is a token project really test case in it's development which I have been supporting.
Including sharing this link which is not my own but someone I hope to help https://minepi.com/cash007
This project provides coins by you mining on your phone and has no effects on your power discharge
and uses net zero in power. I also run a node on my PC which has little or no effect to my processing power.
The Pi developers approach has been different then what I have seen across the space, instead of developing a
and selling a token ICO style with all the promises of utility and accomplishments at a later date which most fail or will fail.
The Pi developers 1st have built a community 33 million strong simply earning tokens with their phones and are actively working
with developers of all sorts so when Pi does go Mainnet it has prominent use case in many areas.
Including sharing this link which is not my own but someone I hope to help https://minepi.com/cash007
This project provides coins by you mining on your phone and has no effects on your power discharge
and uses net zero in power. I also run a node on my PC which has little or no effect to my processing power.
The Pi developers approach has been different then what I have seen across the space, instead of developing a
and selling a token ICO style with all the promises of utility and accomplishments at a later date which most fail or will fail.
The Pi developers 1st have built a community 33 million strong simply earning tokens with their phones and are actively working
with developers of all sorts so when Pi does go Mainnet it has prominent use case in many areas.
65
Rin
2022 Mar 28, 3:05pm
Rin
2022 Mar 28, 3:05pm
WookieMan says
Folks, can we keep the hate mail vs fanboy stuff on the other thread.
This one is about trading, not the politics of cryptos. Otherwise, we could go on about the morality of tobacco stocks, probably the safest investment of them all.
Cash says
Don't play on the trading thread. Move this to the hate mail vs fanboy one.
Crypto is not the way to riches. I've been staying out of these threads
Folks, can we keep the hate mail vs fanboy stuff on the other thread.
This one is about trading, not the politics of cryptos. Otherwise, we could go on about the morality of tobacco stocks, probably the safest investment of them all.
Cash says
@ PeopleUnited So after wookie stepped in his own dog shit like every time he approaches this subject do you feel saved?
Don't play on the trading thread. Move this to the hate mail vs fanboy one.
67
Cash
2022 Mar 28, 3:11pm
Rin says
When the pooches shit in the yard they get what they get their faces rubbed in it... Yes they should go to their Misinformation
thread where their BS is welcomed. When I explain some simple concept about crypto I am sure no 1 wants the uneducated blind
misinformed BS from the other side.
Also Like I mentioned you invited this shit with the title to this thread.., I am neither hate mail vs fanboy one.
Don't play on the trading thread. Move this to the hate mail vs fanboy one.
When the pooches shit in the yard they get what they get their faces rubbed in it... Yes they should go to their Misinformation
thread where their BS is welcomed. When I explain some simple concept about crypto I am sure no 1 wants the uneducated blind
misinformed BS from the other side.
Also Like I mentioned you invited this shit with the title to this thread.., I am neither hate mail vs fanboy one.
68
Rin
2022 Mar 28, 3:33pm
Rin
2022 Mar 28, 3:33pm
Ok, with that stated, here's my take on the blue chip world of 'real' product producing companies to the buy 'n hold persons here. Let's start with Proctor & Gamble. The stock is currently circa $150 vs $100 back in 3/19 when its dividend was some 3.5%.
Now, when a person re-invests those dividends, they're buying P&G shares at a markup, trending towards +50%, of only a few years back. If anything, when this market dives, that's a major cap gains loss as those final shares of the "blow off" top, were overpriced.
This is why I came up with the bitcoin trading strategy and that's because BTC is bullish and is trading within a channel of sorts.
That's a better way to utilize those P&G shares, which were already in one's portfolio since 2019, but using the re-occurring dividends to play the BTC trading channel.
Now, if that's too scary for you, stick to Altria, British-American Tobacco, and Rio Tinto.
Now, when a person re-invests those dividends, they're buying P&G shares at a markup, trending towards +50%, of only a few years back. If anything, when this market dives, that's a major cap gains loss as those final shares of the "blow off" top, were overpriced.
This is why I came up with the bitcoin trading strategy and that's because BTC is bullish and is trading within a channel of sorts.
That's a better way to utilize those P&G shares, which were already in one's portfolio since 2019, but using the re-occurring dividends to play the BTC trading channel.
Now, if that's too scary for you, stick to Altria, British-American Tobacco, and Rio Tinto.
69
Rin
2022 Mar 28, 3:39pm
Rin
2022 Mar 28, 3:39pm
Rin says
FYI, I'm holding onto my shares of P&G since 3/19. I don't feel the need to sell nor to increase my holdings. It's a fine company and will do well in the long term but I'm not buying more shares until the market corrects.
3/19
FYI, I'm holding onto my shares of P&G since 3/19. I don't feel the need to sell nor to increase my holdings. It's a fine company and will do well in the long term but I'm not buying more shares until the market corrects.
70
SoTex
2022 Mar 28, 7:24pm
SoTex
2022 Mar 28, 7:24pm
FJB says
Whelp I was wrong. It's still a hellava bear flag though. I'm hoping it drops to 20K so I can become a crab instead of a shrimp. I still think it will.
Also, I agree with some of the comments today. Lets keep this thread constructive for people who don't hate it. You don't have to love it either. We already have a bitcoin misinformation thread.
On that note, and not directed at anyone on Patnet, only the government, media and ... I can't think of any more major investors other than Buffet and his pal as the rest seem to all have changed their minds:
1. First they ignore you
2. Next they laugh at you
3. Then they fight you <- this was the infrastructure bill. Some critters were for, some against; until they realized 1/4 Americans own crypto now
4. Then you win! <- this was potato's exec order and Yellen coming out saying at first she didn't get it but now she does
Whelp I was wrong. It's still a hellava bear flag though. I'm hoping it drops to 20K so I can become a crab instead of a shrimp. I still think it will.
Also, I agree with some of the comments today. Lets keep this thread constructive for people who don't hate it. You don't have to love it either. We already have a bitcoin misinformation thread.
On that note, and not directed at anyone on Patnet, only the government, media and ... I can't think of any more major investors other than Buffet and his pal as the rest seem to all have changed their minds:
1. First they ignore you
2. Next they laugh at you
3. Then they fight you <- this was the infrastructure bill. Some critters were for, some against; until they realized 1/4 Americans own crypto now
4. Then you win! <- this was potato's exec order and Yellen coming out saying at first she didn't get it but now she does
71
SoTex
2022 Mar 28, 7:25pm
SoTex
2022 Mar 28, 7:25pm
Also: Blackrock is in now... Fuckers. I hate 'em but that's the thing about crypto. Both you and your enemies want to protect it.
72
Cash
2022 Mar 28, 8:14pm
Here is a good site to track any tokens you are interested in, make it a portfolio at the price you created the portfolio and
watch it keep track of P/L. https://coinmarketcap.com/?source=patrick.net you can use both phone and/or desktop.
watch it keep track of P/L. https://coinmarketcap.com/?source=patrick.net you can use both phone and/or desktop.
73
PeopleUnited
2022 Mar 28, 9:12pm
PeopleUnited
2022 Mar 28, 9:12pm
I’ve been watching BTC and XRP since summer of 2018. I thought about buying some XRP when it dropped into the 30 cent range. But I did not, probably because it does not seem real to me, and therefore it’s not enjoyable. Cryptos are like VR goggles, and I have never had the interest in even putting on a VR headset let alone spending money on them. And more than that even, I just don’t trust electronics, so I’m not going to put my money in the virtual slot machine.
But if I had put a grand into BTC or XRP 3.5 years ago I’d now have close to 6 x my original investment. That would not change my life but would give me bragging rights! To me, that is why people talk about crypto’s so much, to brag about their winnings.
But what they don’t want to admit is that they are too chicken or too greedy to cash out. This casino is not going to pay everyone, and it maybe won’t even be open in 3-5 years. It’s foundations are not solid and it’s full of addicts and in fact if it were not for cryptos inflation would probably be much worse. Of all that money created out of thin air in the past 14 years some went to stocks, some went to real estate and a bunch went to cryptos. That 6x return I missed out on, is really just inflation coming home to roost. Cryptos might help you preserve your wealth a little longer. But when the casino closes, stocks, cryptos and even to a certain extent non agricultural real estate will all return to their true value. If they can’t be used as food, shelter, medicine, or entertainment, they will have no value after the great reset. So trade now, but don’t count on realizing any gains unless you plan to cash out before the inevitable crash.
But if I had put a grand into BTC or XRP 3.5 years ago I’d now have close to 6 x my original investment. That would not change my life but would give me bragging rights! To me, that is why people talk about crypto’s so much, to brag about their winnings.
But what they don’t want to admit is that they are too chicken or too greedy to cash out. This casino is not going to pay everyone, and it maybe won’t even be open in 3-5 years. It’s foundations are not solid and it’s full of addicts and in fact if it were not for cryptos inflation would probably be much worse. Of all that money created out of thin air in the past 14 years some went to stocks, some went to real estate and a bunch went to cryptos. That 6x return I missed out on, is really just inflation coming home to roost. Cryptos might help you preserve your wealth a little longer. But when the casino closes, stocks, cryptos and even to a certain extent non agricultural real estate will all return to their true value. If they can’t be used as food, shelter, medicine, or entertainment, they will have no value after the great reset. So trade now, but don’t count on realizing any gains unless you plan to cash out before the inevitable crash.
74
SoTex
2022 Mar 28, 9:54pm
SoTex
2022 Mar 28, 9:54pm
PeopleUnited says
Your money is already in electronics. Go to the bitcoin is stupid thread please.
I just don’t trust electronics, so I’m not going to put my money in the virtual slot machine.
Your money is already in electronics. Go to the bitcoin is stupid thread please.
75
Cash
2022 Mar 29, 7:00am
Dubai’s New Crypto Law Attracts Bybit And Crypto.com To Set Up Local Offices
https://www.forbes.com/sites/zinnialee/2022/03/29/dubais-new-crypto-law-attracts-bybit-and-cryptocom-to-set-up-local-offices/?sh=6a27f48b2d92&source=patrick.net
The new regulation is part of the United Arab Emirates’ drive to become a global crypto hub. It has already attracted the likes of the world’s largest crypto exchange Binance, which won a license in mid-March to operate its regional business from Dubai. The European affiliate of crypto trading platform FTX has also announced that its regional office will be there.
https://www.forbes.com/sites/zinnialee/2022/03/29/dubais-new-crypto-law-attracts-bybit-and-cryptocom-to-set-up-local-offices/?sh=6a27f48b2d92&source=patrick.net
The new regulation is part of the United Arab Emirates’ drive to become a global crypto hub. It has already attracted the likes of the world’s largest crypto exchange Binance, which won a license in mid-March to operate its regional business from Dubai. The European affiliate of crypto trading platform FTX has also announced that its regional office will be there.
76
Cash
2022 Mar 29, 7:11am
FJB says
That whole post belongs there and shows massive amounts of ignorance and judgement that is beyond ______
Fill in the blank as you wish
Your money is already in electronics. Go to the bitcoin is stupid thread please.
That whole post belongs there and shows massive amounts of ignorance and judgement that is beyond ______
Fill in the blank as you wish
77
Cash
2022 Mar 29, 7:16am
There are a few here that don't have a clue how bad they look speaking about an asset they prove they really know nothing about to those who know exactly what they own...
78
Cash
2022 Mar 29, 7:20am
ISO20022 - UTILITY WW
RIPPLE > $XRP
STELLAR > $XLM
XINFIN > $XDC
ALGORAND > $ALGO
IOTA > $IOTA
RIPPLE > $XRP
STELLAR > $XLM
XINFIN > $XDC
ALGORAND > $ALGO
IOTA > $IOTA
79
Rin
2022 Mar 29, 12:33pm
Rin
2022 Mar 29, 12:33pm
FJB says
Well, you've got the next Fibonacci level, $48K-$49K to retest.
If that holds or breaks through, in terms of a weekly candlestick price bar close (not daily), then the bearish flag is completely annulled.
Whelp I was wrong. It's still a hellava bear flag though. I'm hoping it drops to 20K so I can become a crab instead of a shrimp. I still think it will.
Well, you've got the next Fibonacci level, $48K-$49K to retest.
If that holds or breaks through, in terms of a weekly candlestick price bar close (not daily), then the bearish flag is completely annulled.
80
Cash
2022 Mar 30, 11:06am
Any who think institutions are not into this space just look at the size of those big red-green dildos
I like bitcoin although I don't own any myself and imo is likely to stay as some sort of safe harbor being people can be there own bank as it were
and my next speculative tgts are 89k+/- then 104k+/- but not before the USD (DXY) rolls over which BTW hit a 2x bottom and now will be
a 3x if it survives 97.7. The be "your own bank" only applies if you hold your own keys and don't let the banks hold custody for you of any token
what ever they are offering.
As time goes on we should be able to see what if any correlation remain or decoupling takes effect fiat, crpto, commodities, and equities...
Not sure how that will end up but definitely taking note and will respond accordingly.
I like bitcoin although I don't own any myself and imo is likely to stay as some sort of safe harbor being people can be there own bank as it were
and my next speculative tgts are 89k+/- then 104k+/- but not before the USD (DXY) rolls over which BTW hit a 2x bottom and now will be
a 3x if it survives 97.7. The be "your own bank" only applies if you hold your own keys and don't let the banks hold custody for you of any token
what ever they are offering.
As time goes on we should be able to see what if any correlation remain or decoupling takes effect fiat, crpto, commodities, and equities...
Not sure how that will end up but definitely taking note and will respond accordingly.
81
Rin
2022 Mar 30, 4:29pm
Rin
2022 Mar 30, 4:29pm
Cash says
My first take profit is selling 2/3 at $65K and then letting the rest run up to $85K+.
next speculative tgts are 89k+/- then 104k+/-
My first take profit is selling 2/3 at $65K and then letting the rest run up to $85K+.
82
Cash
2022 Mar 30, 5:16pm
Rin says
My first take profit is selling 2/3 at $65K and then letting the rest run up to $85K+.Good plan brother that's right near the top R/line of that big flag pattern wky just keep in mind the odds if/when that line is hit 3x is a charm and it will be high probability it fly's to 89k after a bit of stall... I'm holding about 40+diff stacks of coins and for the most part all bought in 2021 at various time, so due to taxes my plan is I will hold for at least 1yr if at all possible unless profits get to tasty. I sold most everything near crypto highs in 2020 and re-bought in 2021.
83
Cash
2022 Mar 30, 5:17pm
There will likely be 3 bullish patterns to consider W, bull flag and a C&H
84
Cash
2022 Mar 30, 5:18pm
Hundreds of TRILLIONS of dollars Money Money Money MONEY!!!
Pack your bags, time is running out. You can't live with yourself if miss this once in a lifetime opportunity. $link
pic.twitter.com/jInMSDSFn9— Dr. Väinämöinen (@DrVainamoinen) March 30, 2022
Hundreds of TRILLIONS of dollars Money Money Money MONEY!!!
85
Cash
2022 Mar 30, 6:05pm
34 Questions You Should Ask Yourself Before Buying Into Any Cryptocurrency.
The crypto markets are a wild place, and often investors make the mistake of blindly buying into an asset without doing proper research beforehand.
https://cryptowhale.medium.com/34-questions-you-should-ask-yourself-before-buying-cryptocurrencies-71904b351911?source=patrick.net
The crypto markets are a wild place, and often investors make the mistake of blindly buying into an asset without doing proper research beforehand.
https://cryptowhale.medium.com/34-questions-you-should-ask-yourself-before-buying-cryptocurrencies-71904b351911?source=patrick.net
86
Cash
2022 Mar 30, 6:09pm
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The subgraph for @ethsign is live on The Graph’s decentralized network ✍️
EthSign is a dapp for signing electronic agreements, built on Ethereum. Removing the need to trust proprietary software providers to sign documents, EthSign keeps agreements secure using the blockchain. pic.twitter.com/7j6D0u8w6g— The Graph (@graphprotocol) March 31, 2022
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Let me make a comparison to a more mature market.
The following is a multi-year chart of the EUR vs USD, with the 50 bar exponential moving average (EMA) as the indicator on the chart. As anyone can observe, when the spot price is above the 50 EMA, there are more bullish trading opportunities (in green) than below it. And when it's below the 50 EMA, bearish events (in red) tend to be more common.
Now, contrast the above with that of BITCOIN vs USD. Whenever the 50 EMA is tested, the bearish opportunities are sparse and really don't even given bonafide short sellers much time to maneuver w/o a near term rally taking 'em out.
All and all, that's a bullish market with a high amount of sentiment on the upside. So until we see a general overall market meltdown, I'm not calling curtains on the cryptos.