There won't be any lambos. Only pain misery and destruction.
No, the institutional investors are not going to come into a bubble and throw money at the herd.
Bitcoin is now sitting on the weekly 50 MA. It's all that's left truly holding Bitcoin till ~3000$.
There's always the possibility of a whale pumping the price, that would be the best place to enter short.
Risky to sell at the bottom because of that.
Be very careful going long on bounces, aim for minimal targets.
The idea is still the same, but it's time for a new spam box, all the filth will come here, I'll throw all the disgusting filth in here. Like a trashcan.
+++ I am not a financial advisor (good luck finding one in crypto). I only post for trollertainment. Trade at your own risk +++
No, the institutional investors are not going to come into a bubble and throw money at the herd.
Bitcoin is now sitting on the weekly 50 MA. It's all that's left truly holding Bitcoin till ~3000$.
There's always the possibility of a whale pumping the price, that would be the best place to enter short.
Risky to sell at the bottom because of that.
Be very careful going long on bounces, aim for minimal targets.
The idea is still the same, but it's time for a new spam box, all the filth will come here, I'll throw all the disgusting filth in here. Like a trashcan.
+++ I am not a financial advisor (good luck finding one in crypto). I only post for trollertainment. Trade at your own risk +++
Nota
RIP Crypto millionaire enthusiasts.Don't be one of these: independent.co.uk/news/world/asia/our-savings-have-vanished-ndash-weve-lost-everything-2181132.html
Dagangan aktif
Shorting a relatively small amount, I don't like selling at bottoms but whatever I never lose might as well take risks losing won't hurt me it'll teach me to be more careful. If it goes up I'll short more.BTC looking soo weak even weaker than I expected.
I'm scared a whale pumps the price 1500$ again :(
I'll short like crazy if that happens thought, make way more money than if it doesn't happen, but I don't want to cut my losses and take a loss, I hate losing XD
Nota
6900 is a resistance thought, so it's not "entirely" selling at bottom.Nota
We can't possibly go back below the linear downtrend line can we? That's SO BRUTAL XDOn the log, keep following the green arrow but stay above it?
Or are people this afraid after being so hyped.
I think the 11 March bull trap where people were sooo hyped and making fun of me completely destroyed the bulls. So they're not going to recover from that slap in the face. I was wrong about a whale wanting to pump the price to 9500 before crashing it? I can't tell exactly how stupid people are they keep falling for BS and they never cease to amaze me irl...
Nota
Another possibility, these don't really matter, just for fun.Anyhoo if we go to 8k I short more. A bit at a time.
If we go to 9k I can short more than a bit <3
Nota
> Realizes he probably sold at the (local) bottom as he suspected> Considers hdeging with a long
> Too lazy to do it and don't really give a ****, would rather blow 1-2 grans and reopen a bigger short higher. Goes to bed.
Nota
Meant maybe.I hope we don't go up from now on... Just crash 5k and then up and down later.
Nota
Good chance it looks like that thought XDNota
Hopefully we don't drop so fast that I can't do anything about it while I'm at work.My plan is, if we go there, close my short before 5k; buy 0.5-1 XBT, send it to Bitmex and start going long with *10 leverage start with 20k contracts at 5000 And add if we go below but I think 5000 will be the bottom.
If we lose 5000 dollars weee down we go.
Otherwise easy 50% bounce :D
So If I go long 20k contracts I make 10 grans. Lel.
Considering I started on TV with 3 grans in feb (and less than that before), it's not bad I think :}
Plllzzz go where I want.
Why? I first heard about Bitcoin when it was price 5000$.
And that's when every one at my workplace started to talk about it.
Nota
We might be on a downtrend but now it's more interesting to go long than short.The "apparent" risker choice is always the most rewarding?
Just need a good entry... BTC going up and up for 2 months without visiting 5k would not give a good entry before a break of the downtrend line and test it as support, or just day trade crypto then.
Nota
This is what happens when we encounter the 50 MA on 4HR TF:And, zooming in:
:)
If now we go up to 7800 then down then up to a lower high, then crash, the exact same thing as last time will have happened.
I don't expect the EXACT same thing to happen, too perfect, but something similar.
Maybe top 7550? Or 7734? Lots of traders are bearish now, so they won't be adding longs to the mass of normies, so makes sense we don't go as high.
Nota
This also....Works with MA's, trendlines, supports.
Always always always always retests a support as resistance after losing it.
The same happens again and again and again and again and again.
Makes trading boring for some people, but no problem we have each other as company ^^
Going to make a bot that insta shorts and go long based on supports/resistance leave him alone 1 year and come back enjoy my millions. Of losses.
Nota
The bulls had the strength to push the price 3.9$ higher wtf.I got a(n additional) short order up there at 7700, simply won't happen if they're that weak.
On the 4HR bearish divergence has started to appear, it's pretty early yet, let's continue to build some some juicy bearish divergence a few more candles.
Nota
Ye looks very clear on the 30 min:Btw, the daily and weekly technicals on TV are poiting on sell (1 buy 10 neutral and 15 sell for the daily for example). And the monthly pointing on buy.
Buya! Fits perfectly my foresight.
We go down 5000$ the price that made the news talk about BTC and people join and the liquidity pool, plebs market sell by the thousand sell sell sell ulalala I'm so scared I will lose everything, we fill up our Bitcoin bags or our Hooooge long positions, I'd open a million contracts position if I had the account for it, then we go up the next months as the technicals show, plebs massively market buy as they're euphoric and don't want to miss out, spring is around people are joyfull, the bulls tell me how wrong I was they don't listen to arguments just put their hands on their ears and sing lalala AND THEN WHEN JUNE COMES AND WE HAVE TO CORRECT AFTER THAT EUPHORIC MONTH OF MAY WE CRUSH THEM WITH ALL OUR MIGHT, SLAUGHTER THE COWS, GET THEM TO THE GROUND AND SMASH THEM CRUSH THEIR HOPES AND DREAMS. We lose 5000$ which causes mass panic and a huge sell off in July, all the way to 3500 and I'm not even 100% sure that'll hold.
CAPITULATION WILL COME EARLY THIS TIME.
Nota
"So you're saying:When the price goes up and RSI goes up it has to correct because we're overbought.
When the price goes up and RSI goes down it has to correct becayse we have bearish divergence.
So we always go down? Lol clown fk off TA is a joke you're bad and just a troll"
"Why have I been arguying with you for the past 5 minutes? Stop quoting me.
Yes this is exactly what I am saying. Just like common sense, math say we cannot possibly keep going up at an unsustainable rate in this universe.
You obviously don't understand maths, too advanced for you, wasting my time, but you'll understand simple words such as me calling you a monkey perhaps? Yes basic grunts and insults, that's your kind of thing?"
"You clearly showed you were a troll. You are reported, that way you won't be able to troll the chat and spread your nonsense".
And this, ladies and gentleman, is how I keep getting banned on this site.
But I'll still have my all new twitter ;)
I've heard they were alot of very stupid and very sensitive people there thought...
Sure won't feel sorry when these bagholders 15k hodlers lose their money...
Nota
Evariste Galois, a french mathematical genius failed his Polytechnic school entrance exam because he got angry at struggler teachers during exam that didn't understand his theories and threw something at them XDSo...I like to view myself as the same XD
The 1%er that aren't understood by monkeys.
I wonder who ends up making money in the end and who ends up going back to macdonalds?
Nota
I think I'll just update on Twitter as I don't think there's a way to "mute" someone you follow and I don't want to spam people with every single thing I post, only the main stuff here.It'll make it easier to come back to old ideas and see only the major turning points / moves etc.
twitter.com/Nice_Guy_Trader/status/981288141373038592
Nota
Lel posted the bottom on my twitter:twitter.com/Nice_Guy_Trader/status/981620845712900096
Screw Trading View, my ideas get overloaded with updates might as well keep them clean and post stuff on twitter.
When we get there I'll make a long idea.
When to enter what to expect how to scale in...
Nota
Looks a lot like last time so don't be surprised if it takes 1 more week to move and 2 weeks to actually get to 4500-5000, since once again the bulls "won't give up" "this is our last stand we're at the bottom".These exact people are the reason we go down and I opened shorts.
And the fact there's no more buyers to pursue the ponzi.
Find stuff to do, as to not die of boredom :)
Nota
Some newsccn.com/india-bans-banks-from-processing-cryptocurrency-purchases/
zerohedge.com/news/2018-04-05/i-just-discovered-i-owe-irs-50k-i-dont-have-because-i-traded-cryptos
ccn.com/macroeconomic-researchers-call-bitcoin-worthless/
coindesk.com/make-or-break-bitcoin-risks-bear-revival-below-6-5k/
coindesk.com/sec-chief-not-icos-bad/
Globally bad, and people are scared, but not some big FUD news that gets people to **** their pants and sell hard.
Nota
My own explication for what market maker's do, but I'm not one of them so can't know for sure.Goldman sach's traders spend 90% of their time market making 10% actually trading.
They do this all the time XD pretty boring really.
I'd rather wait and troll and read bagholder quotes ad only trade the major moves every few days or weeks.
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