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MarcelV
Nov 13, 2017 5:17 PM

Bitcoin Cash - appealing narrative Long

Description

Hi All!

Today we Long Bitcoin Cash. It has setup a strong trend, and has some serious effort behind it. It seems like THE LIZARDS are in control, must-read: pastebin.com/n0aGBMQr .

Entry: 0.19
Target: 0.28
Stop-Loss: 0.15

OR DO THIS: hedge your bitcoins with bitcoin cash, 1:1 -> you will save some grey hair on your scalp, at the very least.

FA:
  • 25k btc on @bitfinexby Roger
  • 10k @BittrexExchange
  • 10k @poloniex
  • @rogerkver will strike. Why 2.5 times more on finex? BTC assault.
  • Bitcoin Cash offers interesting narratives such as being original Satoshi's vision, without centralised Segwit. -> I am not taking stance here, but I am also not ignoring this Bitcoin world tremor.
  • However, do not forget that the Grayscale Inv trust holds holds 173,014 coins, which will be liquidated till the EOTY 2017.


Happy trading! ;)
Comments
TheAnalDisaster
If Marcel says BCH will rise to 0.28 then it probably will, just added some to my longs.
MarcelV
@TheAnalDisaster, interestingly enough, just 10 mins after posting, we rised 20% and then continued 30% all the way up to 0.26. That wasn't our 40% target though. Not that profit taking of 30% in 1 hour is bad and that we did not do it... :D
UnknownUnicorn529572
looking very good!
MarcelV
@casparleuzinger, Thank you for appreciation, sir!
MrLongTerm
Thanks MarcelV !!!
Do you plan to sell when it reaches 0.28 or do you plan to hodl?
cryptoneo
that was a very interesting link on pastebin.,..
cryptoneo
@cryptoneo,

"The old bitcoin, the bitcoin we know and love, is going to get DESTROYED."

I confess I didn't pay attention when I first read the pastebin link - the post was July 30th... you still consider the information valid?
jdharward
Still think that we'll see .29 today? resting at .18 while ETH rally is underway
MarcelV
@jdharward, Thanks for the question. Doesn't have to be today. But when they push I think .29 is easily reachable and a smart target. Today was .26 which is nice 30% gain from .19 ... yes, it wasn't our target and so we cannot assume we "reached it" or we "took profit" but we see there was a good entry point in our chart which was correctly identified. With targets it's trickier.
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