I got crippled by ripple on my last trade and lost some of my life savings. Now Im chasing loses and have shifted my moon dreams to another coin. I am going to put 50% in BTS. No stop loss. I've bought spot and I've also longed it on margin. Red lines are take profit zones. BTC seems be going sideways or correcting after its big move up. Knowing that I closed ripple at 4.1k sats after buying at 5.2k sats even ripple might start to go up because I lose most of my trades. In the same vein maybe BTS will go down now that I've longed it.
For this to happen we need BTC to continue its chop sideways or correction and we need banksters and whales to get into alts. Will whales get into alts when every other end of year alts are always ded or correcting? I dont see why this would be any different which is why i might lose money on this trade but such is life as a gambler who got rekt an assortment of meme shitcoins. I doubt I will ever catch a moon before I lose everything. Ill probably end up losing my life savings and cement my destiny as a wagecuck instead of a meme coin trader.
Bitshares is the one! The conditions are perfect for it. Recent news, DAX exchange. Im telling you as soon as bitcoin pulls back a little, and it will this will fly. Its the olny one that is going to fly, just like it did yesturday while BTC was breaking 6k. 6600 proved to much this A.M., But things are starting to turn as I write this,. I too am long on margin. Lets do this!!
muraddoc
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I'm in this one with 99% of my holdings and waiting it seems for a year though it's been only 4 days))
Wanna get back to bitcoin before 25th, hope it will go up before that....
captrade
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@muraddoc, Feels like we have both waiting for an eternity. I'm starting to doubt this BTS trade. Maybe we dump to all time lows over Christmas. Maye there is no rise in sight. I'm going to HODl with the remaining life savings that I haven't lost but I'm probably going to be liquidated because I used leverage on this trade.
SmartonoseN
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I think that you are right, the last bearish movement in BTS was basically because of the Bittrex delisting FUD. So... TA, FA looks bullish at this point... Good luck!
captrade
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@SmartonoseN, The weekly chart seems to have bottomed as well but even the stochastic rsi on the daily is at a high. This could correct down to 800 sats before the fork on the 25th of October. I hope 800 sats is the bottom but I wouldnt put it behind whales dumping to all time lows over the Christmas. What business do whales have in moving alts upwards when many traders are on holiday? This would liquidate me. I'd get fucking obliterated if this happen and it would provide for a very rekt Christmas.
Whale: Merry Christmas Captrade here is your liquidation.
alexplq
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you're not, it's gonna be big again. They plan new advancements soon. you will see.
captrade
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@alexplq, The bullish bitcoin chant in the echo chamber of moon dreams has slowly reached a stand still. Bearish sentiment is apparent but will the bears begin to chant of a rise in alt coins before Christmas or will alts continue on there bloody, bearish run of rekt until the start of next year? Will the the falling knife once more slice my bullish delusions into a chaotic mess of FUD, uncertainty and impending liquidation?
grayhound
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@captrade, I like your prose poetry, I'm sure everything will be just fine.
captrade
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@grayhound, I'm losing faith in these moon dreams, they are but confusion and delusion.