On this chart you can see comments from my latest ideas where people claim the opposite of me. That means they think altcoins will not rise anymore.
I also do not want you to make fun of the comments. Because if we are honest, not everyone can win. If I want to make profit, then most of the people have to have a different opinion than me - that's how it works in this business.
And the signs are (again) not bad. Can you still remember where I said at $10000 the price will go down. Do you know what happened? The majority of people have argued against me!
After that time I didn't feel like posting any more ideas. I waited the entire bear market and surprise it turned out that I was right.
After 6 months at exactly $3500, I returned to tradingview again and recommended people to buy everything under $4000 instead of speculating on lower prices. And those who said at $10000 they would invest all their money at $5000 have continued to wait or even left. Now guess where most people entered the market...
Now it is your decision again...
In my opinion, you should not be greedy and wait for lower prices at altcoins. Because the altcoin prices are VERY low. Many have dreamed of these prices before and now they are afraid to buy. But if you think altcoins are dead or have still a lot of room to drop, then that's up to you. I respect that. But then please do not blame the market makers or whales for manipulating the market.
Thanks.
For those who do not know me, here are a few bitcoin and altcoin trades from before:
Some earlier altcoin trades with targets:
I also do not want you to make fun of the comments. Because if we are honest, not everyone can win. If I want to make profit, then most of the people have to have a different opinion than me - that's how it works in this business.
And the signs are (again) not bad. Can you still remember where I said at $10000 the price will go down. Do you know what happened? The majority of people have argued against me!
After that time I didn't feel like posting any more ideas. I waited the entire bear market and surprise it turned out that I was right.
After 6 months at exactly $3500, I returned to tradingview again and recommended people to buy everything under $4000 instead of speculating on lower prices. And those who said at $10000 they would invest all their money at $5000 have continued to wait or even left. Now guess where most people entered the market...
Now it is your decision again...
In my opinion, you should not be greedy and wait for lower prices at altcoins. Because the altcoin prices are VERY low. Many have dreamed of these prices before and now they are afraid to buy. But if you think altcoins are dead or have still a lot of room to drop, then that's up to you. I respect that. But then please do not blame the market makers or whales for manipulating the market.
Thanks.
For those who do not know me, here are a few bitcoin and altcoin trades from before:
Some earlier altcoin trades with targets:
Note
Just a small reminder: Why should I wait for the altcoins to shoot up rather than just buy now while they are cheap?
I believe that many people would have liked to buy Bitcoin at $5000 instead of waiting for lower prices when we were at $3500. Now we are at over $12000. I do not want to know at what prices they entered the market again.
Of course, if you buy 'too early', you can suddenly be in the red in a few days. But once the big altseason starts and you are getting on the green side, you will never ever look back in the previous losses again.
Note
Please don't forget to like if you appreciate this :)Note
Since some write and ask me in private chat, I'll explain it here again:Yes it is possible that altcoins can drop another 30-20%. I never said anything else. The only thing I said is that the altseason is not far away from us. It can happen anytime. And if it happens then I'm sure most of them will not get the run anymore.
Everyone who follows me knows that when Bitcoin was at $3500, I did not say anything else. I just recommended buying everything under $4000 and stop speculating on lower prices. Because everyone who speculates at such cheap prices on even cheaper prices acts in my opinion only from greed and emotions. Anyone who has been trading for a while knows that this will lead to even more losses.
And no, I do not say that because my feelings tell me so. My predictions are usually a combination of TA and market sentiment. Anyone who knows me a little longer knows that I made quite good progress with this variant.
I wish you all a successful time and the most important thing is to stay calm in this market. I hear that a lot of people who helt their altcoins since the all time high in Jan '18 have sold it last week because they think alts are going to die. Don't do the same mistake. Do the opposite :)
Note
A new update will come in the next few days. So be curious.Note
Remember what I said a month ago: 'Even though the altcoins should drop another 50% in the BTC pair (which is still possible), altcoins will sooner or later start to rise very fast. By fast I mean that you won't be able to catch the upmove.'
I will say more about it in the coming days :)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.