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Bitcoingold

BTGUSD (8h): And don't forget BitcoinGold! Breakout possible.Yes, the start of BitcoinGold was a bit bumpy, but time heals wounds. So let's look at the facts: Fact 1: TA = looks good. Fact 2: The technology compared to Bitcoin and BitcoinCash... Supply: 21 Million - all three PoW algorithm: BTG: Equihash | BTC: SHA256 | BCH: SHA256 Mining Hardware BTG: GPU (for "everyone") | BTC: ASIC | BCH: ASIC Block Interval 10 Minutes - all three Block size BTG: 1M | BTC: 1M | BCH: 8M Difficulty adjustment BTG: Every block | BTC: 2 Weeks | BCH: 2 Weeks Segwit BTG: yes | BTC: yes | BCH: no Replay protection BTG: yes | BTC: no | BCH: yes Current price: BTG: 245 USD | BTC: 16.550 USD | BCH: 2.550 USD BTG Targets: Possible steps 300 > 400 > 600 USD Let's see what happens. Happy trading. :-)
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by BTCINVESTING
16
Bitcoin Cash - Daybreak(Trade thread on Yours.org (check my signature) will be posted in a while) It's been a while since there's been an opportunity for a long trade on Bitcoin Cash, in terms of what's safe and responsible to call at least. Looks like we've found that situation. BCH has diverged from BTC primarily because the BCHBTC pair has finally broken out above 0.18, MMs have absorbed the dumps, and have continued to push price up. BCHUSD price has followed in kind. This trade is best traded on a 6H candle closing above the wedge line at $2,550 That being said, it may move too fast for that, so I recommend taking a 50% sizing of your normal trading position now and filling the rest on a minimum of a 1H close over $2,600. Target will be the 0.236 Fib at $3,500 and the prior high at $4,000. However, if price action reaches these goals we will have to reconsider at the time. STOP should be strictly adhered to at $2,300 to account for pullback. == Stop the Organ Harvesting Persecution of Falun Gong Practitioners by the Chinese Communist Party dafoh.org
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by RiversAndMountains
27
Bitcoin Cash - Surviving Market Corrections(Verbose post coming to Yours.org shortly (in my signature)) So, this is reality. Yes, crypto is a long-term big bull run that’s nowhere near global adoption levels. That is the truth. However, there’s a saying everyone has heard before: "The market can stay irrational longer than you can stay solvent." Time frame is what matters. Over the course of 2018, I’m sure we’ll see even greater parabolic growth in crypto. The question is, if markets correct, can you survive until then? I survived the September and October bear markets. I didn’t trade it particularly well and took some pretty big hits to my positions and wealth and even though in the end everything is fine and I have quite solid gains for the year, the losses generated then cost me gains I can’t recover during this bull run. Here’s a reality check for you if you’re one of the “lol it’s crypto noob markets correct noob” camp. Price just went from $4,100 --> $1,600 in 2 days 6 hours. We just experienced a substantially more violent correction than October panic was. This is not unique to Bitcoin Cash, as all markets suffered the same fate with the exception of a few outlier shitcoins. What it does tell you though is that the bull run is over until proven otherwise . This is a key premise that you must accept. The fastest way to lose money trading is to be trading in the wrong direction. This Idea is a longer-term idea and does not comprise a shorter-term trading strategy. I will be posting shorter-term trades while also updating this one. I am not saying that this pattern will happen, but amidst major market correction, it is something you absolutely must be prepared for. People have smugly forgotten or don't know what "buying the dip" is about when the trend is no longer up. Unfortunately for Bitcoin Cash, until something fundamental diverges, it will correct as well as BTFee drags all markets with it. == Stop the Organ Harvesting Persecution of Falun Gong Practitioners by the Chinese Communist Party dafoh.org
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by RiversAndMountains
114