With that said, this is my intro post and where I'll update you on general market conditions. Altcoins are still slapped around by BTC so we have to keep an eye on it. I like simple analysis because people are generally simple. That said, , , and intel are my main drivers. This is why I don't like predicting Bitcoin , its annoying. Another thing that is annoying is "experts" that don't do TA in logarithmic mode.
My philosophy is buy low (near the bottom of a current channel) and sell quick (ideally near the top of the channel). ALWAYS use a stop loss. I do not publish one because it is always moving along the . If the on my chart is pierced it is time to sell. Don't panic, it will typically bounce back up to test the old . We're here to make profit. I hate when others here set 20% stop losses, that is crazy. We're already buying close to the bottom of the channel anyways, keep those stop losses tight and up-to-date.
How do we profit? Its up to you. Do your own research. I watch for trends, and keep my eyes and ears in other VIP groups to know what is going on. I share this here with you. I favor small quick gains. If you're up 5% in 20 min then sell and be happy. Want to keep some skin in the game? sell 90% and know that half your coins are free.
I'll add more here as time goes and if BTC wants to jump off the cliff again I'll do my best to give the signal to convert to fiat here. My time zone is UTC -4 and I generally only post during working hours, I'll share some updates in evening hours and weekends but don't expect it, we all need to enjoy life.
(I broke the house rules, sorry, so this post as been refreshed from before with some slight modifications)