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Brutal whale dump today 1/10
| ebony startling stage dragon | 01/10/19 |
| Naked Chocolate Meetinghouse Trump Supporter | 01/10/19 |
| Fluffy area factory reset button | 01/10/19 |
| Naked Chocolate Meetinghouse Trump Supporter | 01/10/19 |
| Fluffy area factory reset button | 01/10/19 |
| Naked Chocolate Meetinghouse Trump Supporter | 01/10/19 |
| Fluffy area factory reset button | 01/10/19 |
| Naked Chocolate Meetinghouse Trump Supporter | 01/10/19 |
Poast new message in this thread
Date: January 10th, 2019 11:28 AM Author: ebony startling stage dragon Reminds me of the 10/10 dump. (Maybe a pattern of dumps on dates that could be expressions in binary code.) Bought at 150 last night since I was like "well it's been 150 for four days, it'll go either up or down from here and we've been going up."
Wake up today at 130 and buy again. Just got counter traded by a whale who dumped over 2% in a couple of minutes. Something like fifty bucks of fresh fiat lost in two days thanks to a few whales or maybe ICOs varying their strategy from the Monday dump.
Good rule of thumb -- if there has been stagnation for several days, such as a severe drop off in volume and price movement, the next move will be down. Ethereum needs FOMO to continue going up, once the uptrend stalls, traders get out to wait for the next one
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Date: January 10th, 2019 12:47 PM Author: Naked Chocolate Meetinghouse Trump Supporter the rule is correct. Pretty much anytime flat movement for a week they always do big drops. I knew this. Still didn't sell.
Im not sure what we're doing now. Either 2500 is the bottom like some people have said or we can trade sideways here for another week then shoot back up to 4K. |
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Date: January 10th, 2019 1:44 PM Author: Fluffy area factory reset button Like Exeunt said, I think the market is going to be choppy in 2018 with no return to a bull market
If that's the case, your best strategy is to DCA on pullbacks, that's my strategy anyway |
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Date: January 10th, 2019 4:33 PM Author: Naked Chocolate Meetinghouse Trump Supporter no return to a bull market ever or no return in 2018? (http://www.autoadmit.com/thread.php?thread_id=4174563&forum_id=7#37567922) |
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Date: January 10th, 2019 5:15 PM Author: Fluffy area factory reset button Not this year, maybe not for a few years
There is also a non zero chance we never see BTC and ETH prices like we did in 2017/early 2018
This is still ultimately gambling more than investing at this stage, I just feel BTC in the 3s and ETH around 100 is a good gamble if you are willing to hold for a few years |
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Date: January 10th, 2019 8:20 PM Author: Naked Chocolate Meetinghouse Trump Supporter I think we'll be at least halfway back to 2017 ATHs by the end of this year. (http://www.autoadmit.com/thread.php?thread_id=4174563&forum_id=7#37569396) |
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Date: January 10th, 2019 9:47 PM Author: Fluffy area factory reset button That would be incredible
You have to remember that BTC spent very little time over 10k and ETH very little time over 500. The parabolic stage only lasted a couple of months.
So basically you are thinking we return to a bull market full of FOMO by the end of the year and I am wondering what would cause that and where the new money will come from |
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Date: January 10th, 2019 10:09 PM Author: Naked Chocolate Meetinghouse Trump Supporter The crash from 6K is artificial and won't continue much longer (http://www.autoadmit.com/thread.php?thread_id=4174563&forum_id=7#37570288) |