JFK

One Fitty Crashes

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jscott

nothing productive to add really?
just that ey?

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pimpmaster9000

holding is risky...blockhain is the future but I would not bet on the current coins for long term...also if you are not actively growing your investment you are leaving money on the table...there are ways to do it that do not involve a lot of risk...unlike margin trading that is extremely risky...

you must calculate the risk you are taking, be realistic with your positions and time your entry and exit carefully...stop losses being the foundation of low risk and calculated investment...you must game it so that the odds are in your favor:

1) set your winnings always x2 higher than your stop loss...for example, shitcoin x is 100 usd at the time of my entry in to the position...my stop loss is at 99, my sell order is at 102...2:1 is minimum...losses in % cost more than wins...if shitcoin x goes down 50% while I am holding, it has to rise 100% for me to be at 0 again...wise entries + calculated positions = win most of the time...

2) always remember that prices are "3D"....for example trading BTC for ETH but is ETH up against the dollar or not in relation to BTC? if you understand the real price of 2 coins you will make more...

3) make easy money on the total swings...for example everything is down now, great time to dump BTC because other shitcoins have lost more %-wise and people tend to buy and sell the same coins over and over...shitcoins will see greater gains that BTC %-wise

4) arbitrage is your friend...I have made money on some exchanges by not even leaving the exchange at all...for example shitcoinA vs shitoinB is one price BUT shitoin A or B vs USDT is a different story...no risk easy money and you pretty much do not care whether it is a bit up or down, you just make money anyway...not to mention inter-exchange price differences...forget the big exchanges (mostly) and the top 20 coins for this...the money is in shitcoin/shitexchange arbitrage...

5) time of day...on most mornings in my country the price of shitcoins is lower than in the afternoon in regards to the USD...it also tanks during the night on most nights...the action seems to mostly begin at around 11 am my local time for reasons not yet clear to me....also a spike of action happens at 6am my time but its not as often as the ones above...this is all to be taken with a grain of salt...but it does help me time my moves...

6) predictive linguistics <--- my new favorite thing...i got the idea from halfpasthuman.com..I am not plugging them I could not care less how they do, the guy is a nutcase but the idea is pure gold and I have developers working on this for free...

quote:
Predictive Linguistics is the process of using computer software to aggregate vast amounts of written text from the internet by categories delineated by emotional content of the words and using the result to make forecasts based on the emotional 'tone' changes within the larger population

now I am going to step it up a notch and introduce "gravity" for certain news sources and people and see what kind of edge it will give me for predicting rises and falls in certain shitcoins...


I doubled my shit with just trading in a bear market since the new year...made much much more with arbitrage...cashed out maybe 2 weeks ago waiting for futures to expire and I am holding off because I feel another dip may be coming...

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jscott

you make nothing from talking shit on btc

but ur obviously trying. you short btc?

you dont own btc but trying to profit from it. we call this slimey. why didnt you just get smart and buy last few days? even a stupid person could see thst as a good buy from a mile away

TheDynasty

To all those bought recently with prices being low good job!

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pimpmaster9000

no I am just a savvy investor who does not risk...it is not "a good time to buy from a mile away", a dip could very possibly come and it would be quite possibly more substantial than the last one...the dip could be to 5K or even lower, whilst the gain at the moment is just 1.5K/BTC from the low of 6...

I am not seeing much volume today, so a dip or sideways movement is much more probable than a bull run...I have fiat ready at the exchanger but I am waiting for further development...I have no problem entering at 9K but I have too much to win by waiting for a further potential dip than I have to gain by entering now...

I honestly do not believe in current coins...maybe 5% of them will exist in 2-3 years or be very very low in value...I do not believe in holding...quick in and out...maybe some mid term stuff but nothing long term...no way...

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ruff

I can't see where your opinion is worth a flying fuck. Suddenly you're an expert? Seems to me you're still a dumb ass troll. Get the fuck back to the bikini threads for christs sake.

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jscott

how are you savvy, when 5 years ago you would rather talk shit about BTC than invest pennies on something with such massive potential?

that is anti-risk (risk is only way to lead to gains... or loss).., this is against technology, this is against diversification, shall i go on?

Please enlighten us

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OneHungLo

He didn't even know what a bitcoin was 1 month ago now he's the far-in-the-jar-coin expert / "savvy" investor lolol dude buying bitcoin when it's risen 10k fold isn't savvy.

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jscott

pretty sure hes copying reddit posts

hes a sigwhore.. gotta try best to get his posts noticed

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“If you think tough men are dangerous, wait until you see what weak men are capable of.”
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pimpmaster9000

a casino table also has massive potential but this does not mean you will win...for example did you liquidate your assets 5 years ago and buy coins? no? then you recognize the risk just as well as I do...at the time crypto was silk road and co and money launder and co...still is...0.5% of all wallets hold 90% of all coins

https://bitinfocharts.com/top-100-ri...addresses.html

I do not believe in BTC...you are being emotional about your flawed coin not recognizing its obvious flaws that may or may not be solved in the future...you can pretend I am a sig whore pushing my putin sig all you want, my points about crypto are valid and at the time of this post most people who got in to crypto are in the red...with no guarantee of upwards mobility...

people got in to crypto for the easy money...nobody gives a shit about "the future" and "technology"...they want rocket gains...and when the market starts to move down or sideways this is very very bad for crypto...just like any other HYIP....you can pretend its not a HYIP all you want but 99% are treating it like a HYIP and this makes it a HYIP...



I did not buy bitcoin to hold, I went in for trading and arbitrage...I do not believe in holding, you see the markets are designed to take money away from the most and give it to the few...if you do what everybody is doing (holding) you will get what everybody is getting = fucked...

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Konda

Actually only the people that got in in the last 3 months are in the red, everyone else is still way up. In the last 2 months all the dumb money started to pour in, people thinking they would get rich quick, guys taking out loans and what not while having no idea what they were investing in. That's the people that are in the red. The smart guys took all their money, that's how it always works with these type of things.

NatalieK

absolutely correct

Before November it was like 1k to 5k real quick and then it just rocketed. So if you´d have bought in October, you´d still be up atm...

Problem is, does no one think it´s going to crash more or is it stable now? Is this the time to start buying again?

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ilnjscb

So you can't be skeptical? Warren Buffet is, and he's a damn sight richer than you are or ever will be. You aren't "savvy" either.

jscott

hey dipshit, when did i ever claim to be savvy? idiot

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“If you think tough men are dangerous, wait until you see what weak men are capable of.”
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MadeleneRay

Hold on, wait a bit, this shit won't be over soon. People, have some faith in bitcoins )

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Markul

Much lol in here

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ilnjscb

you're angry because you think I mistakenly associated you with intelligence. Rest easy - neither I nor anyone else thinks you have any brains.

jscott

what are we 12 now? what do i combat that with, a "yo mama" joke? lol

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“If you think tough men are dangerous, wait until you see what weak men are capable of.”
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thommy

correct - but the smart guys are also smart enough to know how the herd instinct works.
believe me they will make TONNS of money on the way down.
actually there are also now technical issues in the game with stop loss and buy-at-orders.
that makes the whole spectacle even more unpredictable.

the big count will be at the end when from 100% of the money what was inside 70% is in the hand of the winners, 20% in hands of the ones who made the trades and 10% back to the ones what did not win or lost just a bit. 90% of the players will pay for it and i think 90% is already very optimistic.

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ilnjscb

I thought that was a pretty good comeback - I'm sorry you didn't appreciate its subtle wit and refined espièglerie

jscott

funny because anyone here making calls of "this or that will happen" are obviously sociopaths and really need that attention,

you look at any graph and predict it'll go up, or down, you'll be right, its more of the "shot caller" who really in need of attention or possibly help.

anways, we going down for few days, hold if you lazy, or daytrade your ass outta this awesome volatility

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“If you think tough men are dangerous, wait until you see what weak men are capable of.”
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DraX

Holding alt coins at the moment and focusing next days to move in on buying btc after dip. Was tempted to already go in but something tells me it's too early. All in all it's a best guess.

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pimpmaster9000

the oracle predicted that everybody and their hamster would be dumping coins after new years but nipples on this board got really really sensitive...

the oracle predicted that more dips would come and it was red nipple alert!

coiners have very very sensitive nipples...

now that the oracle predicted an even larger dip and volume is falling, coiners be like:




its good to be the oracle

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nikki99

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pimpmaster9000

the next 6 hours will probably set the trend...double top forming on the 1h and if the upwards resistance is not broken it will start raining anvils!

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ilnjscb