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Things are looking very different between me and Bitcoin.2 nights ago I was able to go all in for the swing trade and to play some side coin action also. Last night I have started to see things in a different light. Elliott waves and and some candle stick patterns have made things different between us. I will always mine with my laptops and I will always hold my 0.1+. Looking forward to mainly swing trade and protect my profits for a while. Also this is the time we could see governments take sides with alt coins. We could see them in mega rallies. Watch out for them decoupling from bitcoin. It might start as an equilibrium pattern then a full out breakout. Nothing is promised but the gains I've made and cashed out. I plan to continue to share my ideas here and nothing is financial advice. It could go to ZERO, 3k, 8k, 13k, 21k, 34, 55k, 144k, 233k Or any numbers that are of any great meaning. Please look at the highlighted small boxes and tell me if you can see anything special like I do.
COINBASE:BTCUSD
by Polarbearman
ETH/USD bOOM bOOM bOOMThis one is going to bring a lot of head turning, be dammed. I am just going to put this out there and if I am wrong so be it. But If I am right bow down on bended knee. LoL So here goes I may have hinted to this about a year ago but did not place much emphasis on it at the time. ETH is going to go down a dark road and may not come back. Let me explain BTC and everything down chain will explode and ETH and everything below it will fade into nothing ness. Yes You will not hear this anywhere else and maybe never will until all the guess work is over. I am here to tell you right now if your left standing with a single penny afterwards I will be surprised. It may temporally take off but do not be fooled it will soon crash. Now I do not like saying this at all I have been a long time ETH supporter, but things change. And this I promise will be for the good of everyone except those holding the bag. Don`t be a bag holder. All that energy will pour into BTC like a waterfall. Be ready be warned be a winner. Happy Trading. The Clock is ticking know the dates. Be informed.
COINBASE:ETHUSDShort
by SHakeTheTinCan
🌳very important terminologies in Trading🌳Hello every one 🟡(1) Price action The Movement of an asset or Security's price over Time , Plotted on The chart 🟡(2) All-Time High (ATH) The Highest asset has Ever been in Price 🟢(3) Support a Point in the market where the Price is less likely to drop below due to previous demand or price action 🟡(3) Resistance a Point in the market where the Price is less likely to break above due to previous demand or price action 🔵(4) Trend line a line indicating the General Price Direction of a chart 🟡(5) break out when the Price of the asset break through a pre-determined Trendline ⚪(6) Formation when a Financial Chart moves in such a way as to create a Recognizable pattern.patterns to signal trading opportunities either to enter or exit positions. 🟢(7) pump or bullish The price of an asset is going up 🟡(7) Dump or bearish The price of an asset is going Down 🔵(8) Long Position a Regular Buy in The Market. a Trade that is Predicting the asset will go up in value 🟡(8) short Position The opposite of a long Position. Entering a Trade position betting the asset to go down in value.
Education
by CobraVanguard
21
Crypto NotesHi traders! I did not plan to make this post but as Crypto markets are currently falling I will share some of my Crypto notes that have helped me to navigate in Cryptoverse. Side note: This is not the only way how to trade Crypto markets. Sharing just some information. Eventually every trader have it's own methods and beliefs. Being early is a great advantage in Crypto If you want to discover good projects early that have high potential then some work is needed to put into research. Nowadays there are so many projects (not only BTC & ETH) and it may feel sometimes overwhelming. Good way is to focus on some specific sectors - this will help to set some boundaries. Of course these sectors (or new trends) can change as we are dealing with fastly moving technology. If you find something and are able to get in early then it means an entry with low price. When project is successful you will make X multiple gains (you can replace X with any number you like). But research is only one part of the work - trade management is also needed. Of course being early has its own risks - at the beginning there is a lot of uncertainty and not all projects are going to succeed. Trader will have greater earnings potential but also greater risk of failure (compared with mature projects). Everything is in balance. I personally feel quite comfortable being early - that's why I also like to invest into startups. I value high earnings potential more than risk of being wrong. Being early gives me some sort of price protection or margin of safety ( check concept 'Margin of Safety' from book "Intelligent Investor - Benjamin Graham" ). This will allow me to deal with volatile price swings more easily. I guess it's just like my personal trait. If you don't feel that way then it is perfectly fine. As I said earlier, you can be successful with different strategies. Just find out what style suits you best. Scale In & Scale Out As I have longer view with my Crypto holdings I like to scale in with my buying. For me good entry points are after selloffs - as long as I have a belief that general market structure has not changed. I have my core positions that I will plan to hold for years but I also have other positions that I am willing to sell. I try to scale out from those positions when market is rising to lock in some profit. Doing that will allow me to put some money aside and have gunpowder to buy more after selloffs or fund new early stage projects. This takes some practicing because sometimes market rises so nicely that trader feels like there is no point to sell until whole market is down ... It is hard to predict those events and that's why I prefer to scale out. I try to play the long-term game and I don't have to do all my buying or selling with one trade. Liquidity Planning Basically I will ride all the ups and downs (hold strategy) with my core positions but scale out (trading) from other positions. Then I have always some reserve to add more during selloffs or to fund new projects. I try to plan ahead how much reserve money I need and make myself available to as many opportunities as possible. For long time I underestimated Liquidity Planning's importance and that has caused me to sell many positions too early (or when conditions were not most favorable) - simply because I did not led my cash flows. I thought that I just 'flow' and find money when opportunities lie in front of me. Final thoughts about Crypto markets - as Crypto is going more mainstream every year and probably there are some new market participants who have never experienced this kind of selloff then just relax - this is not the first and not the last market selloff. Remember - usually when fear is greatest there are also some good opportunities. People tend to forget that and only focus on risks. If some mistakes were made during previous leg up then now is good time to learn and plan ahead. That's how we evolve as traders and humans :) Thank you and enjoy your trading :)
Education
by Laurentsius
4