Why is there no way to bet on this disgusting ponzi going down? I want the easiest bet in my life.
All we have are shorts on scam exchanges and hope they do not rob our money or file for bankruptcy (and run away with our money). They just manipulate prices to liquidate shorts if anyone short this scam anyway. And we won't be able to close when it is down. There is no telling where PonziCoin top will be, anywhere from 7000 to 12000 could be the top. Should I short it now and add to my short up to 12.000 or even more?
This would be too easy anyway... When it is this easy to predict, I suppose it is to be expected that there will not be a way to make money off predictions. I did make a little bit when it went up last days thought. At least I have this going for me...
Here are a few examples of "this was the bottom" (aka complacency):
Gold:
Nasdaq:
America:
Bitcoin:
Bitcoin has kept getting lower highs... So maybe to compensate, a big rally? OR it is a sign of weakness, and it will fall so much harder than the rest. Just wait for the short squeeze (maybe) and short at every resistance. There will very probably be a good opportunity to short this bubble, so no need to rush.
Note
Ermaghad I think I just figured crypto worked the EXACT SAME as Forex except in forex I use 4-HR and daily charts mostly, and with Bitcoin to have the same thing I should look at 12-HR and 3 day charts. It really seems to work the same...
Why would I trade crypto then? If I can make the same money 3* faster? To use mex leverage?
Only point is to learn from this bubble, and also get views (that give me absolutely nothing).
It would only be interesting if Bitcoin went to 8500 as I hope (or ETH 400) And cherry on the top something like this:
Open short and forget about it a few weeks or more. Come back, account up 100%
I want to post my next daily crypto hate idea, the chart is ready since last week, but I have been so busy doing research in Forex and learning... I have no willpower left.
I just looked at Bitcoin, it made it's thing with that oversold bounce on resistance/support, I expect it to make a lower low, I will close half my short in the green box area.
Nikkei is same story btw. And I bet if we could check television stock from when it was invented, and all kinds of euphoria/bubble charts they would all be the same. Bitcoin shorts dropped so hard :D Guess this means there is a good chance we won't go up anymore... fine with me, I wasn't planning making it big with crypto (anymore).
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