CryptoEngineering

BEAR MARKET IS OVER?! 0.0063 or 0.0042?

BITTREX:LTCBTC   Litecoin / Bitcoin
Let me ask you a simple question. Why are you here? I mean, what is your ultimate goal in crypto?

Money / Technology / Meme?

Money? Then, Who is the richest person you know in crypto AROUND YOU? I can hear you, it is so hard to measure it on TV BUT AT LEAST you can calculate his winning rate / accuracy on his latest 5 - 10 charts?

( On twitter , It is a bit easier to understand who is winner - Winning rate / Life style / Trading size - SHOW ME THE MONEY! )

Did you also know? You Are The Average Of The Five Crypto Traders You Follow The Most Time With.

That's why, If you want to learn something from other people on social media. You should be so picky who to follow! Go calculate his / her last calls, and figure it out!
I am so confident on my tradingview / twitter calls since 2016.
Why am I talking this ? Because, so many people are blindly following wrong traders / wrong trades over and over for years.
If you are not making money from crypto, YOU HAVE THINK carefully! What are you doing wrong for days / weeks / months perhaps years?

I know you are also expecting me to talk about Litecoin!

Ok, Charlie Lee said on Dec 17, 2017 at 2.51 pm : Ok, sorry to spoil the party, but I need to reign in the excitement a bit. Buying LTC is extremely risky. I expect us to have a multi-year bear market like the one we just had where LTC dropped 90% in value ($48 to $4). So if you can't handle LTC dropping to $20, don't buy!

On Dec 2017 at 3.15pm : Not saying it will drop that low, but investors need to be able to withstand that big of a drop . It will shake people out otherwise.

Every pump I've seen has been followed by a bear cycle. The market needs time to consolidate. That's just my experience from 6+ years of watching this space. How low and how long it will be is unclear. But people need to be aware of this possibility.

if you are in crypto after 2017, You have to read https://twitter.com/satoshilite/status/9... before start to trade / invest it.

---- It has been almost 2 years since he tweeted this! That's why I pointed out the bear market would be over between Sep 2 and Nov 4,2019 on my
bitcoin tradingview post (Over 24,000 views - in March 2019) . I have been saying it for weeks on my twitter account as well. Since then, I set 14 bitcoins buy orders on alts.

The risk / reward ratio is great at around 0.0063 BTC!
If It doesn't hold - welcome to the darkest side of crypto - 0.0042 BTC

Target? The chart speaks itself!

Protip : Copy those who are already successful in your eyes!






Trade active: Bought at 0.622983 as I told you, Lets ride it!
Comment: If you are interested in ALGO trading, Check out my masterpiece #EngineeringRobo.

Got my first bitcoin in Oct 2013.
Became a full time day trader in Nov 2016.
Got the ALGO trading idea in May 2019
Started to search about it in June 2019
Backtesting since Sep 2019
Pre-Launch last week with 50 people!

Get your 7 day free trial at http://www.engineeringrobo.com

Comments

btc is following litecoin.. also lite coin downside not end yet in monthly
+2 Reply
@Amjadsid,Yes.
LTC has been a testnet for btc for years.
0.0063 level is the strongest support level since 2015! It will be not easy to break this level. If it breaks, everything will be so different in this crypto space!
Reply
Seems to risky. USD chat was forming an H&S pattern
+1 Reply
Well downside not ended yet in btcusd + other top 15 alt coins usd pairs: what do u prefer ltc/usd or ltc/btc for a buy?
Reply
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