OneHungLo

Crucifissio a Trump supporter?

nikki99

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Bladewire

Yep! You can't change history, but you try

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bloggerz

Once again, nobody can predict anything about crypto. Your guess is a good as throwing a dart at the wall. Only the exchanges can move the value in my opinion.....

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pimpmaster9000

no it happened exactly on the 6th...major trend reversals or significant price change in the last 6 times...it was a good call and you can be jelly all you like




you would be wrong again because that is not how daytrading crypto works

most crypto daily movements are random noise...for day trading crypto, technical analysis means shit...news can be used but it is not an every day event that you have news you can actually trade on...you can use TA for swing trading, where it is a semi-valid tool, but you literally trade blind when day trading crypto and you must act accordingly...

things you can actually use:

1) waves: crypto goes up and down during the day in waves...several times each day the price will go up or down a few % and in most cases up and down will alternate consecutively...once it goes down, there is a high chance it will go up and vice versa...

2) proportion : if for example BTC goes up 1% other shit coins will go up 2-3% and vice versa...alts are always more volatile and you can use this to your advantage...

example simplified trade:

lets say BTC just dipped say 1% , this means other cryptos have tanked 2-3%...I have USD and I want to get in and make some money on the rebound that should theoretically happen...I do NOT know if it will go up or down, so I will NOT buy and hope...what I will do is set a buy order a bit above the current price for something that is not BTC (keep in mind other cryptos will rebound harder than BTC)...if my condition is met, and the price goes up, the buy order will be automatically executed and I will get a notification...BEEP!...then I follow what is going on with a tight stop loss...opening a position costs me 0.05% and with a tight stop loss I can afford to be stopped out...if the price does not go up, I have lost 0 and I now have more buying power...

"do not buy now" is a good trading method because it removes any emotions and wishful thinking people get trapped in...you wait for a condition to be met and then the beep comes and its trade on...your trading success goes up considerably when the computer makes the moves at a pre defined price level...Its like fishing...you wait for the fish to bite and then you reel it in...you do not enter the lake and catch the fish with your hand and place it on the hook

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ladida

No, it did not. If you mark "major trends" like you do, then we get images like these, you just marked dates that were good for you, but that's not how the graph looks like. This is more how it looks like


Or you can mark the actual major trends on that graph and then it would look like this

And none happened on 6th.

But yea, you just randomly picked something "it happens on 6th" and you're pulling stuff out of your ass. Better to listen to the graph i posted before. It's really simple. If it's flacid, it's bad, if it's hard, it's good!

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pimpmaster9000

@ladida

yes but my last 5 green arrows mark the tops and bottoms of a trend and your white ones do not...the 6th has been a turning point 5 months in a row...exactly on the 6th...

can not be unseen

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faxxaff

The graph you see is a descending wedge that most likely signals another more significant leg down. I would say it will go down to around 2k before it moves up in any meaningful way. But things can always work out differently.

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ladida

Only they don't. They aren't neither tops nor bottoms, you just randomly picked the timespan for which you would like it to be. There's 1 bottom and 1 top on that graph with 2nd bottom still waiting as seen on the 2nd picture. But you just took a timespan it suited you and said "this is the trend" when it's not.

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RazorSharpe

6818 - Here's where I'm shorting with a stop just above 6835

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faxxaff

lol .... that is way too tight of a stop. Good luck.

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ghjghj

Please don't mistake the op's delusions of grandeur for actual insight. Just go read his posts about bitcoin from a year ago.

dyna mo

even less than a year ago even. he was running around here yelling about how stupid people were who bought cryptocurrency. now he acts like a btc baller over some silly pattern he thinks he sees.

ghjghj

Even bitcoin has a place for unscrupulous communists like crucifissio.

ghjghj

pimpmaster9000

and my opinion has not changed...crypto is shit...especially bitcoin...anybody who HODL-s is a fool and it will never get widely accepted...

I just like trading...it is very very hard and I enjoy the shit out of it...


ok they do not...it is just by coincidence that the arrows point to the 6th also I cherry picked my last-6-months time span to suit me

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OneHungLo

Just stop. I've been trading stocks and options for 25 years. You will not convince me you're using buy orders and stop losses to get .5% here and there. There's no way in hell every time your buy orders get picked up they never reverse, they only go up and you sell for your 1/2%

dyna mo

JFK

what goes up, must come down

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ghjghj

Yeah holding crypto long term is super foolish crucifissio.

ladida

That's exactly what you did lol. I showed you on the 2 graphs i posted. It's not a coincidence they point on 6th, you drew them. I drew some more.

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InfoGuy

So what happens when BTC drops below $5,000, is no longer profitable to mine and miners start shutting down their rigs?

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pimpmaster9000

yes but you have not been trading crypto...an experienced trader does not comment a market he does not know...even though I have been trading for only 6 months you have not spent months watching BTC price action but I have...2-3% changes happen sometimes 10x/day...thats 10 opportunities to catch a bounce...the average change in price today was 5-10%...

I only have to catch one of them and I never said I do not miss...I miss daily...if i miss it costs me 0.05% I can afford to be stopped out several times in a row...I can afford to have a 0% day or a -1% day...thats 20 missed tries and I will make it up with one good one or some smaller ones...

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RyuLion

That's what she said..

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OneHungLo

Oh I believe you on the price moves, what I don't believe is that you're accurately picking which way the move is.

This is like me saying hey there's this game called roulette and every spin it's either black or red....

pimpmaster9000

it is not like roulette at all...in roulette you lose what you put on the table if you call it wrong...in crypto you lose 0.05% if you put in your stop loss at the purchase price...in roulette its 50-50% (if we ignore zeros for arguments sake)...in crypto it is not 50-50...after a drop the chances of a recovery are slightly higher...then if you place a buy order somewhere up the road then the chances of that direction are again slightly higher if the condition is met...

also in roulette you can not move your stop loss up with the price...you can not use stuff like previous resistance/support levels and news to give you an edge in trading...you can not "know" the house like I know binance, on most days there is a movement when asians/americans/europeans wake up or go to bed...you can not use moving averages and RSI to give you a small edge because you know other traders/trading bots will be using them...also in roulette you do not have other exchanges that pump up/down the price and the resulting arbitrage guarantees a movement in that direction...a sudden spike at one exchange is guaranteed money on another and pump alerts are a thing...

I agree that 90% of all traders lose money...maybe even more...but not me...

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ladida

Famous last words of every gambler.

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pimpmaster9000

just made almost 3% in 2 min...it bounced off 6118$ I got in at 6220$ and got out 2 min later @6383$...sheeeeeeeeeeeeeeet

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pimpmaster9000

quoting myself while I rest my nuts on the naysayers

no buyers...it dropped to 6118 then went to almost 6400 and is now down to 6250...too many burnt hands lately ...it is going to drop even more if some bulls do not step in quick...

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ladida

Really?

I just made 4million and 3fiddy.
i got in at 17.50 and got out just 1 minute later at 17.51 for a nice profit couple hundred milion dolars. Sheeeeeeeeeeeeet this is really easy. Not sure what i was doing all my life.

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pimpmaster9000

binance...open the image in a new tab to enlarge...no skill...purchased as soon as it bounced and moved my stop loss up until I got stopped out...easiest money ever...

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dyna mo

the weirdest part is how you're trying to impress the very people you make disparaging posts about daily with your hodl lambo baloney.

pimpmaster9000

not trying to impress anybody....this is just you making random statements...I posted about the 6th and it came true a few days later...haters gonna hate

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dyna mo

sure thing lambo.

pimpmaster9000

dont be jelly...you simply did not put in enough effort in to it...day trading is really not for everybody

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dyna mo

lol, exclaiming I'm jealous using teenage girl lingo is just as funny as you exclaiming you're a btc baller after you figured it all out in a few months, after the peak.

my view is there's plenty of room at the top, you'd know that if you've ever been here.


so yeah, sure thing lambo.

pimpmaster9000

no I figured it out in the first week and got in a few days after new year...I doubled my $ with day trading and made 20x my money with arbitrage just in january...I got lucky on the arbitrage there was 0 skill involved, I just found 2 exchanges and a coin that nobody else did and it was a great run while it lasted...the day trading part was hard as fuck tho...

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The Porn Nerd

Let's face it: Bitcoin is so volatile, and jumps up-and-down like a yo-yo, that you either have to micro-manage your trading (as Crucifissio does) or buy/hold long term (as ThePornNerd does).

Anything in-between and you will get burned and frustrated. Carry on.

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