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Infinity

I was just trading Bitcoin all along...D'OH! The more you look at charts (and social networks), the more you see infinity repeating patterns. The more you recognize infinity repeating patterns, the more you understand the crowd mentality. The more you understand the crowd mentality the better decisions you make. My tactics are all about front running the herd. Selling before they sell or buying before they buy. You have to put in the time to see this. Those that do not, the "fx lifestyle trade from my laptop the market is an atm just look for chart patterns and indicators" morons, the "hodl moonboys ignore the news noise its just fud", are the ones we frontrunning, and the ones that end up losing all their money (ended in my pockets). No way around it. Well at least they get to be right 99% of the time thought ("right"), and without much effort. I prefer making money. Oh and it is just 1 piece of the puzzle obv...
by MrRenev
1
Bitcoin BTCUST 2018 Infinity and BeyondBitcoin BTCUSD 2018 Well the last day of trading Bitcoin in 2107 was a difficult one. We managed to bag 450 or points from 13000 to 13460 early on (and day traders another 300-450 trading the range from 13000 to 13150, also earlier in London session) but then lost the plot as the day wore on with two poor trades centered around the 14000 level which lost 50-150 points each time. So it wasn't a grand-stand finish to the year, unfortunately, and on a bad day we ended up just 150 points or so ahead (maybe 450 or so if day trading). But in 60 or so days of fairly intense mining we have extracted over 19,000 points from Bitcoin if you go back and total the trades. So it took about 2 months to buy Bitcoin outright and still have some change left over. No one can say what 2108 holds in store. But just so long as the great mine in the sky remains open for business we have to work it. There may never be an opprtunity like this again in our lifetimes...how often does mankind attempt to put a value on Ether? Never. Bitcoin has a value of somewhere between $5 and $50,000. That's all we can say. But that is one hell of a range to play inside...a range we are basically making up as we go along. That creates a wonderful, big space for traders to play within. So long as Bitcoin keeps moving fast we should be able to make some good returns again this year coming. And if we only average a paltry 200 or so point return each day as yesterday, that translates into 1400 points per week and will therefore take just 10 weeks for us to own Bitcoin outright through traded profits. And that in turn means we buy Bitcoin 5 times over in a year. So by working this mine systematically and intensely and by looking to trade patterns and not price, we should be able to make good returns for as long as it stays open to us. Please Pay this Forward These commentaries on the life and times of Bitcoin began in earnest 60 days ago - mostly because seeing some of the forecasts by Tradingview's 'top' writers covering Bitcoin and how vague and confusing and ultimately unhelpful they can be just twanged my vibes so strongly that I had to do something about it. It began as an experiment in human nature - am old, pretty much retired but still totally addicted to charts, especially in 'bubble' type situations because the chart is just a temperature gauge showing how 'hot' people feel in aggregate about product 'X'. It is human nature in the raw, displayed on screen. People make patterns. And people don't change. Each generation tends to think it's smarter than the one that went before it - their cars are faster, safer, they'll be driving themselves soon; their toys are way cooler - pretty much everything except music and movies is just ...better. So the confidence of each new generation is understandable to an extent. But the truth is that human nature itself never changes. We react in exactly the same way to fear and greed as we always did. Deep down, under the surface absolutely nothing has changed. We're human, is ALL. So we track and trade the recognisable patterns that humans make across the chart - the same patterns humans always tend to make across the ages - whether that's the patterns made in 1927-1933 at the end of the 'roaring' Twenties or the patterns made by the Tokyo bubble exactly 60 years later (1987-1993) or the patterns made by Nasdaq from 1997-2003 or the patterns made now by Bitcoin (2017-2023?) ...they are all the same. With one big difference: time. We know Bitcoin moves something between 60 and 100 tmes faster than pretty much any speculative instrument ever devised by man so far in all history. What happens on the SandP over weeks is displayed here in hours. It means that there are roughly 60 to 100 times more opportunities to open trades in Bitcoin than there are to open trades on SandP, obviously. One is just a fractal of the other. All we have do is watch for patterns to develop, identify them, and trade them.
BITSTAMP:BTCUSD
by sumastardon
3
CFI 7mTo Infinity and beyond. BK all day!!!!! Thank you. I got a 1 on 1 on with you @ Wednesday 3pm. Cant wait... Strangely enough, that happens to be exactly the same time that Indahash starts phase 2 of their ICO .. (Hmmmm...synchronicity?>>>> "The charts make the news"-BK I'm pretty new to charting but its awe-inspiring how strong their effect really is. These are companies with employees, and customers, yet they're subject to laws they are not even aware exist. On a weird note... Imagine if human beings have charts? What do you think would symbolizes moving averages in our lives so that when their paths cross, we start to grow? Peace and Love, 9 Lives
C
by AmreElsayed