Let's talk about our shorts and fake volume!
Updated
Hello guys! I received a lot of messages asking me to update my ideas.
Although in fact there is nothing to update, everything goes according to plan. We opened our shorts at the top (when everybody told us about long). Now there are our stop-losses BTC $4200, LTC $63.
Now on the chart we have a crab with a target of $ 3050.
Unfortunately, I didn’t open a short on Ethereum and now I’ll open it when the trendline is broken down at $ 120.
Friends, everyone who writes me about a paid group, I want to immediately say that I am not going to open any paid groups. I show you all my positions for free. Think, why should successful traders open the paid groups if they already earn money on their deals? Remember, 90% of all paid groups are a scam. You are responsible for your money, and no one will earn it for you.
Bitwise (the company Bitwise Asset Management, which filed one of the applications for Bitcoin-ETF) prepared a colorful presentation on the volume of trading in the cryptoexchanges.
According to their research, 95% of trades on the cryptoexchanges are fake. Its a real volume is $ 273 million. You can find the official link on your own, or I will send it to you in a personal message.
All these volumes on Coinmarketcap are fake, and only a dozen exchanges show real volumes. I looked through several of them and compared their volumes in April-May 2018 and February-March 2019, and you know what? They are lower than they were a year ago. a few higher, but in general, adding up all the volumes, they were lower. So please do not believe everything you see. The cryptocurrency market is now depressed, but it is developing, and this is a good sign. The bear market will surely end, and a new stage will come. It will take time. In the previous idea, I showed what I see in the next 5 years.
Remember I'm bearish only for a while, but in the long term I definitely believe in Bitcoin!
Although in fact there is nothing to update, everything goes according to plan. We opened our shorts at the top (when everybody told us about long). Now there are our stop-losses BTC $4200, LTC $63.
Now on the chart we have a crab with a target of $ 3050.
Unfortunately, I didn’t open a short on Ethereum and now I’ll open it when the trendline is broken down at $ 120.
Friends, everyone who writes me about a paid group, I want to immediately say that I am not going to open any paid groups. I show you all my positions for free. Think, why should successful traders open the paid groups if they already earn money on their deals? Remember, 90% of all paid groups are a scam. You are responsible for your money, and no one will earn it for you.
Bitwise (the company Bitwise Asset Management, which filed one of the applications for Bitcoin-ETF) prepared a colorful presentation on the volume of trading in the cryptoexchanges.
According to their research, 95% of trades on the cryptoexchanges are fake. Its a real volume is $ 273 million. You can find the official link on your own, or I will send it to you in a personal message.
All these volumes on Coinmarketcap are fake, and only a dozen exchanges show real volumes. I looked through several of them and compared their volumes in April-May 2018 and February-March 2019, and you know what? They are lower than they were a year ago. a few higher, but in general, adding up all the volumes, they were lower. So please do not believe everything you see. The cryptocurrency market is now depressed, but it is developing, and this is a good sign. The bear market will surely end, and a new stage will come. It will take time. In the previous idea, I showed what I see in the next 5 years.
Remember I'm bearish only for a while, but in the long term I definitely believe in Bitcoin!
Note
Note
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