donmecha

BTC pre mfkingdictions MR Guin

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Before July I would have said BTC would correct to around $1600 before August 1st hits. Now I will say maybe around $2000 instead. There may be an opportunity to short here, but I wouldn't suggest this for new investors or investors with relatively small holdings. If you are wanting to short bitcoin I would suggest even going into USDT so that you can snatch up some bargains coins quick. What I can say is if you're interested in investing in Bitcoin or are looking for another opportunity to buy BTC keep your eye out in the next few days and weeks. There is so much uncertainty with what will happen to Bitcoin if it hardforks, what I can tell you is that 12 months from when it does it will have doubled. The only reason you may want to wait if you're good at charting is so you can get as much BANG for your BUCK! What I can also say to you is in 3-5 years this whole market will boom and whoever decides to take a greater financial risk and invest big now will be strutting like Connor McGregor in 2020. So that gives you 3 years to learn how to trade properly, if you don't learn you will be eaten by the professionals eventually.

In the last week and a half I have learnt a lesson that my portfolio may be too diverse at its current stage. In a downturn like we've had I have only been able to focus on about half the coins I have, though in the long term I am still confident that I've chosen all winner. But as a scalper I need to crunch 75-80% of my portfolio into 4 coins (even when I make profits from scalping that they still balance and not lower that percentage.) One thing I can say about trading that you must do just like when you work in sales is to make note of your mistakes and write down how you can avoid them next time.

Please learn to trade like a boss and lets all get rich together.



Comment: and we've past the $2000 point maybe it will go lower
Comment: Now I'm back to believing my first prediction might come true that it does his $1600. Very interesting, congrats to all those who shorted big in this market

Comments

Hi

How long did you get to learn? Since when do you trade?

Thanks for your advice and TA
Reply
donmecha Teatro
@MauroMargarone Hey, to be honest not that long, maybe around 3 months but I'm constantly fine tuning that never stops. I started trading in 2012 but it was mainly just buying and selling Bitcoin. The style with cryptos is a fair bit different to the Forex which can give you a great advantage because Forex traders will have to break habits they may use.

A great site I recommend to others is https://www.stock-market-strategy.com/ . The guy who runs through the Indicators does a great job and breaks them down well.
Reply
Teatro donmecha
@donmecha, thanks Mister!
Reply
Great advice and commentary. Thanks don
Reply
donmecha DJPandaBites
@DJPandaBites, no worries! Hopefully my post have some benefit
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out