UnknownUnicorn995432

Cryptos Comparison - BTC, BCH, BTG, LTC,ETH, ETC, NEO, IOTA, XRP

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BITFINEX:BTCUSD   Bitcoin
Just comparing the percentage rise. LTC rose the most % wise now.

Komen:
Just added XRP. Forgot to add that one in the previous chart.
Komen:
I will add an update later today when I get the chance.

Enjoy this rise. I am quite certain that a major correction is due very soon.

Also, in my opinion, IOTA, BTG and BCH now have a lot of room to grow. They should be monitored closely.
Komen:
www.coindesk.com/bit...ull-bear-paths-play/

Every coin/token price rallying over the past 4 days has been an amazing experience. Even the BT2 token at Finex rose (after falling to $40 range though). EOS, QTUM, ZEC, NEO.... well name any. I think IOTA and two others are due to rise any time now.

I think the market is in an oversold state. This rally may continue till Sunday, when the CME will list BTC Futures. I think that will confirm the news. 'Buy the rumor, sell the news'. I expect a major correction incoming. Every coin may initially lose more than 50% of its value, followed by a retracement, and then slow decline till a normal range is achieved. For me, normal is what the prices were on the 12th-13th of November. Prices may dip down further and then recover to those levels.

Once again, this is what I think. Please make your own decisions and invest the money only you are prepared to lose. I have learned it the hard way, but these are the tips I can give you after closely watching the market for the past 10 months.

1. Before buying any coin, always look at the BTC charts at various intervals. It sucks to see that your selected coin is rallying, and the moment you buy it the price goes down. Panic sets in and people start to get anxious. If BTc is going through a normal dip cycle on it's way up, then it is likely your coin will recover even if you have bought at a higher price.

2. In case you see your coin losing its value fast, do not panic sell. Look once again at the prices of every other coin and mainly BTC. Understand the trend. Calculate whether prices can recover to your buying point or not.

3. Prices always move in a cylic manner, i.e. up and down. Uptrend or downtrend, they usually follow the Fibonacci lines for recovery.

4. Do not invest all of your money at the same time.

5. Coins affect other coins prices. Always pay attention to the BTC pair. USD prices may vary across exchanges, but BTC pairs are almost within the same range with minor differences. When there is a major difference, it is usually because of depot/withdrawal issues between exchanges.

This is what I have learned. Use this wisely and you will all do well.

Please feel free to ask any questions. Happy to help. :)
Komen:
Correction/explanation to one sentence where I typed ' I think the market is in an oversold state'.

The market was/is in an oversold state. Please look at the corresponding BTC pairs of every coin. They have all been declining. In the cryptoworld, the common denominator is BTC, not USD. It is a mistake just to look at USD prices.

For example, LTC/BTC pair was as high as 0.05 in 2013. Then it slowly fell to 0.001 I think over the next few years. This year It has touched 0.02+ twice already. Then it fell to the 0.006 range. Now it has just touched 0.02 range again. Looking at the USD price, LTC has had a good rally. But if you look at BTC pair, it is still within the same upper range.

In terms of USD prices, the market is in an 'overbought' state. Too much rise too quickly - some healthy correction, and then rise again. I am a fan of Elliott Waves and Fibonacci levels.

Like my friend @qdoc says, always do your own due diligence. Please do not take my word for it. I am just expressing what I think and feel. :)
Komen:
Be mindful of this.... may or may not work at the time when BTC crashes...

BCH vs BTC


BTG vs BTC

Komen:
BCH v BTC - still acting the same way

Komen:
BTC v BTG and BCH.

BTG's pattern is a bit erratic.


If this pattern with BCH continues, then we may see BCH jumping to 3k-5k and BTC falling to around 10k -14k range (wide range, but now BTC can 'afford' these ranges) over the next 7 days.
Komen:
Keep a close eye now on BCH

Komen:
LTC/BTC (Bitfinex):

ETH/BTC (Bitfinex):

BTG/BTC (Bitfinex):

Just observations. Please trade carefully.
Komen:
On second thought....

Komen:
Komen:
BCH possible path. I think likely it will retrace to 61.8% fibline alongside BTC, which is clearly in a downtrend for now

twitter.com/SatoshiL...s/940353265585160192
Komen:
sorry.. wrong link above.

Komen:
Just fiddling with charts. This is what I think we will see before 2018 begins.

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