Holy shit can this thing pump. I don't hold any LTC, but it's likely that with the Coinbase mania going on right now, that we could see LTC hit new highs against BTC. All these newbs log into Coinbase, say "ah man I can only buy 0.1 BTC, but I can buy more than a whole LTC, lemme do that!"
So, a bunch of cats crashed ETH. And now people are looking for a new smart contract platform. UBQ has many tokens using its chain already, and more to come in the future. With ETH crashing constantly, and becoming so congested it can't be used, it's hard to see how it could be a platform suitable for mainstream adoption. UBQ, on the other hand, works on stability...
Not trading this, just observing and forming my own opinions
This is merely a forecast of the BTC price, based on time and percentage gain and loss of previous "waves". Should we have another "average" wave, this is what things could look like.
Fibonacci. If we break 10, we're hitting 12 before next resistance. Wait and see as Asia opens today!
- will be buying more cvc and hodling into the new year
Well, I was wrong in thinking this was just a bounce - and it's turned out to be a rally to all time highs. So, we have to re-adjust our thesis to the current market conditions, and move on. I don't like chasing candles, and so I haven't fomo'd into BTC yet - I like to buy on the corrections, when there is blood and fear all round. It is in these situations that...
steveblank.files.wordpress.com
Same thing as last time
Looking to short if this rally turns out to be a bull trap, if it starts breaking out to new highs, short will be closed. However, this is what I think is happening on BTC: (image linked below). I still think 4500-5k is in play blogs-images.forbes.com
I already have a position in Neo, so I'm not buying any - however, it looks like we're ready to roll again
We saw yesterday how the open of Asian markets affected the BTC price. The whales are asleep right now, so it might be a good idea to buy before they start hitting the asks hard later on. You ready for another late night? Will advise entry and stop as we go
Same thing is BCH I presume. Sell early before the crowds flood the market, then pick them up again for cheap after a period of accumulation. Rinse, repeat.
Well, now that 2x is a non-event, it's time to look at getting some ZEN again before it moons.
We had a nice bounce, as we always do after these corrections from all time highs. However, I don't think we're out of the woods yet. Everyone is looking at the 5k zone, and this has caused me to rethink this as an area of support. I generally find that the market will always go higher and lower than the vast majority of people think. In this instance, I believe...