Hello,
after seeing traders post fractals of Bitcoin I made a 180° on my stance and now believe Bitcoin is bottoming and bracing itself for a meteoric jump.
How far can this go? Very far.
Please tell me it won't take till July to get started thought...
Bitcoin is looking veri veri boolishe.
Poor alts do not look at boolishe as Bitcoine.
(I am not an ETH fanboy if you are wondering).
Some alts are as and more boolish than Bitcoin, the #GREAT ones that attract the smart money.
after seeing traders post fractals of Bitcoin I made a 180° on my stance and now believe Bitcoin is bottoming and bracing itself for a meteoric jump.
How far can this go? Very far.
Please tell me it won't take till July to get started thought...
Bitcoin is looking veri veri boolishe.
Poor alts do not look at boolishe as Bitcoine.
(I am not an ETH fanboy if you are wondering).
Some alts are as and more boolish than Bitcoin, the #GREAT ones that attract the smart money.
Comment:
I know I have been spamming alot on this website out of boredom, but I repeated many times that "they" as cryptoers love to call exchanges brokers and big traders do not care if Bitcoin dies and that the CME group & CBOE was here to make money, and just because your beloved magic coin gets a future doesn't mean it's impossible it gets removed. It's not a big deal.
I posted examples, facts, I even mentionned granular piss futures.
Ignorant crypto baggies were persuaded to know more than me, and they had "bullet proof" (in their mind) arguments, true sherlock stuff "bla bla bla hence it is impossible omg I am so smart u just too dumb to understand".
Well, turns out CBOE Will Not List Bitcoin Futures in March.
“CFE is not adding a Cboe Bitcoin (USD) (“XBT”) futures contract for trading in March 2019. CFE is assessing its approach with respect to how it plans to continue to offer digital asset derivatives for trading. While it considers its next steps, CFE does not currently intend to list additional XBT futures contracts for trading.”
Does not mean it is over, but it means I was RIGHT. RIGHT.
Gosh I hope they drop bitcoin futures alltogether.
CBOE volumes have dropped so much lol. CME still makes volumes of 100k futures a month which is still decent.
I love this part of the article so much:
"Earlier this week, a report from Bloomberg stated that the Bitcoin price could be headed for another large selloff. Analysts said that key technical indicators such as the Moving Average Convergence Divergence had been moving downward since mid-February. Bloomberg analyst Mike McGlone said:
“The entire industry is ripe to resume a path to lower prices. Conditions are akin to November , just prior to the collapse...”
"
Music to my ears.
I posted examples, facts, I even mentionned granular piss futures.
Ignorant crypto baggies were persuaded to know more than me, and they had "bullet proof" (in their mind) arguments, true sherlock stuff "bla bla bla hence it is impossible omg I am so smart u just too dumb to understand".
Well, turns out CBOE Will Not List Bitcoin Futures in March.
“CFE is not adding a Cboe Bitcoin (USD) (“XBT”) futures contract for trading in March 2019. CFE is assessing its approach with respect to how it plans to continue to offer digital asset derivatives for trading. While it considers its next steps, CFE does not currently intend to list additional XBT futures contracts for trading.”
Does not mean it is over, but it means I was RIGHT. RIGHT.
Gosh I hope they drop bitcoin futures alltogether.
CBOE volumes have dropped so much lol. CME still makes volumes of 100k futures a month which is still decent.
I love this part of the article so much:
"Earlier this week, a report from Bloomberg stated that the Bitcoin price could be headed for another large selloff. Analysts said that key technical indicators such as the Moving Average Convergence Divergence had been moving downward since mid-February. Bloomberg analyst Mike McGlone said:
“The entire industry is ripe to resume a path to lower prices. Conditions are akin to November , just prior to the collapse...”
"
Music to my ears.
Comment:
Something has to happen soon...
charts.cointrader.pro/snapshot/GXeME
The prices are respecting 2 trendlines, 1 below and going up, 1 above going down.
And they are pretty damn close now.
The prices are respecting 2 trendlines, 1 below and going up, 1 above going down.
And they are pretty damn close now.
Comment:
What a sad, lame bull break.
Bears are still in control I guess, unless that was it.
Got another resistance at 4200 thought.
Why does this scam do this all the time? This:
Bears are still in control I guess, unless that was it.
Got another resistance at 4200 thought.
Why does this scam do this all the time? This:
Comment:
Hasn't been this boring for a while...
COME ON it can't really be until October till the price moves as this idea suggests.
COME ON.
If we are still in the same range in mid-April I am quitting crypto. I am done.
I already reduced my activity alot an pulled my money out ~10 months ago, but this time I will quit entirely.
Why are crypto ideas still so popular on this TRADING site?
THERE IS NOTHING GOING ON.
It's like a black screen have 25 times more viewers than an actual movie running.
Too much retail in the market I guess.
Timer started. 1 month till I quit if nothing happens.
COME ON it can't really be until October till the price moves as this idea suggests.
COME ON.
If we are still in the same range in mid-April I am quitting crypto. I am done.
I already reduced my activity alot an pulled my money out ~10 months ago, but this time I will quit entirely.
Why are crypto ideas still so popular on this TRADING site?
THERE IS NOTHING GOING ON.
It's like a black screen have 25 times more viewers than an actual movie running.
Too much retail in the market I guess.
Timer started. 1 month till I quit if nothing happens.
Is it me or do financial markets work WAY BETTER they are MUCH MORE EFFICIENT when the normie brainlet crowd stays away?
I would say Mainstream sentiment late 2017 has greatly changed, it actually did a 180°, and I would also say that smart money, early adopters, got out.
You might argue but you cannot argue with this data:
The only people left in Bitcoin are delusional unskilled newb investors with poor predispositions towards investing (the opposite of being naturaly gifted), and this is why it is moving so slowly, and why it is going to zero (not really zero as even Ponzi company had some holders left, but pretty close).
Anyone that has a working brain probably left Bitcoin.
The people in other crypto's at least the good ones are smarter but doesn't make them geniusses. They're all just chasing huge gains.
No, crypto does not break the laws of the universe.
The bigger gains you want, the more risk you have to take.
If a handful of coins "make it" there are going to be people that were in, and will have 1 million reasons as to why they knew their shitcoin would make it, but they all simply got lucky, and have survivor bias, and are not self-aware/wise/intelligent enough, to recognize that.
Better still to proven methods, simple, things with data to evaluate obectively (earnings, past history, growth, book value, debt, management, ressources used, etc).
Every one should aim to be investing, not gambling.
With investing you are almost sure to make money if you do it right, as well as probably contribute to a company growth.
With gambling, well.. yuck.
Buying crypto is just for fun, and should remain a small % of anyone's wealth.
Nah but seriously this dip buying value investing in crypto when there is no value is so plain retarded do I really have to explain this.
As for to trading... I really want to finish this BTC trade, and if goes down I'll buy and that will be my last crypto trade. If it goes up I will be done sooner.
I could make a comeback but at the shortest after 9 months where crypto showed me it could trend again.
Just a precision, I'm saying the value investing is dumb (it's just so stupid), but if it trends then that's different.
I can't believe I am saying this but I started as a crypto investor XD
It was too obvious not to get in in 2017. Bitcoin got above ath (1180).
Regular people started talking about it, prices were going up and accelerating.
It was so easy to find alts that were following a clear trend for months and months and months.
All you had to do was buy one that was good enough, and stay in as long as we remained in a bull trend (trailing stop loss) or it went up exponentially.
I can't believe no one cared. I can't believe the dumb money crowd failed to buy when prices were going up and up following simple trendlines.
I didn't know much, all I did was go to coinmarketcap, and it just struck me.
It was impossible not to see lines appearing before my eyes.
These people sucked during the bull market, and they suck during the bear market.
They were wrong when prices were going up, and are wrong now that prices are going down.
And they still dare to argue with me?
I was right for 1 year while prices were going up.
I was wrong ONCE in mid-late december when Bitcoin hit ath then crashed, ONCE, and have been perma bear and perma right for now a little over a year.
It's so easy. Just went from crypto to be trending, and if it never happens we never touch them.
I just can't believe they don't manage to do that, I must be dreaming.
Should we make a crypto index? Pretty useful.... Maybe once all the scam ICO's got removed...
Short version: don't be dumb, go with the trend, you will be always be right except once.