Hey everyone, your friendly crypto trader here. Last Wednesday I told you to sell/short ETH if it dropped below $240. Only got like 10 responses and I doubt anyone listened, but hey it wasn't my loss...
Today I want to talk about the bigger picture in bitcoin. Despite this nice reprieve today we are still in overbought territory. The current descending triangle in bitcoin conveniently ends at about aug 1. It would be wise to take profits soon, exit the entire market and wait to see what happens with bitcoin, as bitcoin clearly drives the altcoin market. It is entirely possible that after 8-1 we sell down into the $1800 area, possibly pushing past (blue) into the $1600s. I am not making a definite prediction, as good news on 8-1 could drive it back up; all I'm saying is *wait and see*. Remember /biz/, crashes only hurt the uninformed.
As for the short term, we are currently testing $2400 with a possible pump to $2500 before the next dip. As we approach 8-1 volatility will tighten and $2500 could be the best exit/short point for a while. Be smart, watch your chart, and happy trading /biz/
inb4 TA is a meme. screencap this for posterity
ta is a meme
Not screencapping, but I did buy 100k thanks
TA is a meme, flipping a coin is more profitable than 99% of TA signals
When I cash out my millions I'm going to move to a third world shit hole and retire. On the beach, mansion, guns and food supplies. Where do I go? An island?
>>2768316
Philippines.
$1000 a month will get you a mansion, maid, and driver.
>>2768324
Heard it's unstable as fuck there outside the main cities. Can't move anywhere without guards because risk of attacks
>>2768316
Check out Lake Kariba on the zambian side
This jewel is cheap cheap cheap right now. get it while u can. will be back to at least 30 in the next week.
Can you be any more transparent?
>>2768313
+1
Espers is just typical pajeet bumb&dump coin
It hasn't been pumped and dumped yet. It peaked,pulled back how it was supposed to, then the current market crash has it dangerously cheap. Im just saying it's minimum 2x profit by end of the month. And don't buy on yobit
Redpill me on Yellen, /biz/
Is she just Bernanke 2.0? Will Trump keep her on? What will this mean for the economy?
She's a Jewish pawn. Nothing more
Idk man what do you think a Jewess in charge of a major financial institution is like?
>He belives Trump has a say in any of this
Lmao
https://steemit.com/cryptocurrency/@zeroshiki/warning-don-t-buy-metal-mtl
Lol. Everyone in MTL is about to get seriously btfo.
>he thought 100% growth in a bear market was ok, organic, and normal
>>2768225
who is retarded enough to still be in this coin?
Only made me 200%. No shitcoin.
>>2768225
No thank you I bought 1000 MTL at 4,98 dollars I'll just hodl
>he unironically didn't short ETH at $400 and bought back below $200.
Literally doubled my eth amount while you sat on your ass cuckHODLing.
Nice, doubled your garbage bags.
I will short after today's bounce OP don't worry.
>>2768039
2 whole ether great job anon ready for lamboland!!!
So I have a guy who can loan me 20k with 15% vig. I will have to payback the money+vig in 3 years . currently my networth is 30k and my income 12k per year. Is it stupid to take that loan and put the money on bitcoins for 3 years ?
*12k after all expenses
No but put it into ANS
>>2768037
>15% vig
From a loanshark? Don't do it bro - if coins fall you will wind up with broken legs and thumbs.
You said to sell ETH
> Now it's mooning
You said it's worthless and will drop more
> Now it's mooning
You said yoooou yooou said..
You are deceptive
Why you said ETH is shit?!?!?
That it would drop more????
WHYYYYYYYYY?!?!?!
>>2768028
>he believed us when we said it was over
ETH is unironically worth like $500 to people, there are just a lot of people cashing out to pay bills, salaries, etc.
>>2768028
For the last FUCKING TIME.
ETH is the future. Get in now or get left the fuck behind and HOLD.
HOLD this thing no matter what and by next year you will be fucking rich. That's ALL YOU HAVE TO DO.
it could very well still be in a downtrend. it went down too fast now it's correcting but i think most people are assuming it will keep going down 0.073 might have been the bottom though
Ok anons, I have a serious question. Do you think that ETH will dip further? The current +14% doesn't worry me that much.
I just have the strong feeling that it will go to $160 by the end of the month.
>I recently sold all my ETH.
>Been on it since Feb.
it's not ever going back to its ATH. it lost the trust of the public with its constant ICO scams.
>>2768004
I think it will gradually drop back below 200 after today's bump
Icos switched to cashing out via bitcoin. Selling presure is gone (bitcoin vs fiat has more liquidity)
>crypto is a bubble!!!
>it's going to c-crash!!!
Man, these nocoiners are becoming desperate everyday with their FUDDing.
just give it another year. we're gonna see so many no coiner suicides. sad
>>2767968
Still got my "Nocoiners fail to buy the dip AGAIN" and "Nocoiners btfo how will they ever recover?" posts all lined up ready to deploy in the near future.
The dip was so obvious lol. Wish I didn't sell at the bottom. This crypto shit has done nothing but lost money for me. But hopefully BTC shoots up and it'll all be a wash.
Coinbase is intentionally not allowing BTC/ETH/LTC to fall. This is fucked up and clearly shows how they're manipulating the market.
>unrealistic charts
>viewing by hour
>>2767896
it's been like that every hour since 2am this morning
or they are not letting whales manipulate the market....
Find a better trading service that this.
Pro tip: Ya cant haters
Do you enjoy knowing you're stop levels are sold to hedge funds?
>>2768027
Damn. That's cold.
>tfw never use stops, just stare at chart all day
Danger is my name.
>>2768027
Could you explain exactly how hedge funds profit from your stops?
So I opened an account with interactive brokers but for some reason even though I already deposited money into the account and my acount says that the money is ready to trade, even time I try to execute a trade order it says that I don't have enough settled cash to do it.
Is it because I need to change the currency to USD first?
>>2767827
Robinhood.
/thread
>>2767855
Not an american.
>>2767827
>settled cash
>settled
>cash
>settle
>What's your long term plan? (actions till 1 year from now)
>What are the buy/limit orders you have out at the moment?
1. Sell my ANS for $300-1000 a pop
2. Retire
Live off dividends of ANC currently 2.40 every 5 hours dam i love passive income
>>2767814
>>What's your long term plan? (actions till 1 year from now)
Hold my altcoins until I'm rich or dead broke
Was i stupid to put my money into Fiat... should i rebuy back in should i wait another week or two.
fuck im wondering the same thing...dead cat bounce maybe?
>>2767772
It was very smart of you to sell at the bottom. But yes wait 3 weeks then buy at ath
>>2767772
you didn't buy when stratis was -40%...? really?