Dear Readers.
I've done a lot of analysis and I get it much more now than I did before and I want to share some advice.
1) Zoom out on your charts to learn the overall trends. All crypto is speculative, meaning it follows repeatable patterns. Try to learn them from a daily move perspective. Read about Elliot Wave for Bitcoin 4.92% movement. Look at how BTC 4.92% moved in in 2014 and compare it to ETH. ETH has repeatable pumps and we are about to see one during BTC 4.92% upcoming correction. This upcoming correction is called the First Sell Off. Look that up and see what it looked like at the Dot Com Boom/Bust. We are basically in that same pattern and the peak is near. By the way, be fearful when others are greedy. This will end badly at some point. I mean look at the exponential chart. Try building a sand castle that steep and what happens.
2) Make your own decisions and don't risk more than you can lose. If you can't make your own decision, don't day trade! I learned that I made more money not trading, when I traded poorly. This market is still bull for several more months in my opinion and then it will go down, and fast. There are way to many individuals holding way too many coins that they can dump all at once. Please please read about the Dot Com Boom/Bust on wikipedia and compare it to this market and the ICOs. The ICOs are based on people writing an idea on a piece of paper and they are not worth hundreds of millions of dollars. They may be if they survive the crash and actually create a product. Please be safe.
3) I'm giving you this one. Buy ETH now and hold through BTC 4.92% correction and the full upswing. That's my total exit strategy. Done. No more greed. No more late nights. Back to life, with a little change in my pocket for fun and to donate some back to people who need it. Please consider donating some earnings back to people who may need it. 10% would be nice. If every crypto winner redistributed 10% of profits to charity, we could really do a lot. Please consider it. We are all on this planet together.
Best wishes to you all. Please be safe and take your profits. No regrets.
I've done a lot of analysis and I get it much more now than I did before and I want to share some advice.
1) Zoom out on your charts to learn the overall trends. All crypto is speculative, meaning it follows repeatable patterns. Try to learn them from a daily move perspective. Read about Elliot Wave for Bitcoin 4.92% movement. Look at how BTC 4.92% moved in in 2014 and compare it to ETH. ETH has repeatable pumps and we are about to see one during BTC 4.92% upcoming correction. This upcoming correction is called the First Sell Off. Look that up and see what it looked like at the Dot Com Boom/Bust. We are basically in that same pattern and the peak is near. By the way, be fearful when others are greedy. This will end badly at some point. I mean look at the exponential chart. Try building a sand castle that steep and what happens.
2) Make your own decisions and don't risk more than you can lose. If you can't make your own decision, don't day trade! I learned that I made more money not trading, when I traded poorly. This market is still bull for several more months in my opinion and then it will go down, and fast. There are way to many individuals holding way too many coins that they can dump all at once. Please please read about the Dot Com Boom/Bust on wikipedia and compare it to this market and the ICOs. The ICOs are based on people writing an idea on a piece of paper and they are not worth hundreds of millions of dollars. They may be if they survive the crash and actually create a product. Please be safe.
3) I'm giving you this one. Buy ETH now and hold through BTC 4.92% correction and the full upswing. That's my total exit strategy. Done. No more greed. No more late nights. Back to life, with a little change in my pocket for fun and to donate some back to people who need it. Please consider donating some earnings back to people who may need it. 10% would be nice. If every crypto winner redistributed 10% of profits to charity, we could really do a lot. Please consider it. We are all on this planet together.
Best wishes to you all. Please be safe and take your profits. No regrets.
Comment:
Actually, I think we already had the First Selloff/Bear trap and this is going to 15,000 now. So we are even closer to the end.
Comment:
Damn, BTC is sneaky. It is on a new paradigm now and I missed it.
Please read this though.
en.wikipedia.org/wiki/Dot-com_bubble
Please read this though.
en.wikipedia.org/wiki/Dot-com_bubble