[Swell]

(02-04-2018 07:22 AM)Faust Wrote:  

The person who made that reddit post should be strung up by the neck, and while he's hanging there he should be beaten to death with a bat. Then his corpse should be eaten by wolves. God, Reddit is midwit city. Of course the thing has 5000 upvotes, because it appeals to the sort of moron who wants to invest in crypto while telling himself he's smarter than the other guys because he "does his research" and "sees beyond the hype".

If the party's over and the ship's going down, your 2 year ROI calculus and sector-allocated portofolios won't save you (Is there any evidence that diversification by coin purpose in cryptos works? I've never seen it). You'll still lose all your money. If the party's still on and this is the usual January slump, then this advice is worthless.

Fucking midwits. I hate them so much.

Gework's analysis is, of course, on point, because Gework is smarter than reddit fags.

I have some questions for him, but it's late and I'll type them out tomorrow.

I thought the post interesting.

Your keyboard rage is unnecessary.

Please spend more time in the RVF's Boob lounge.

[Samseau]

(02-04-2018 04:06 AM)[email protected] Wrote:  

Seeing that the stock market might go down do you guys think investors will throw their money into crypto?

Absolutely not, the question is if the current stock pump will continue or if rising interest rates pop it. They have been steadily raising the rates since Trump was elected. Will Trump's tax cuts avert it for longer? At the end of the day, most of the economy is nothing but speculation.

[sonoran_]

@Faust

Currently left bag holding: Lomocoin, Rise = being the worst

REQ, LEND, ADX, AION, LBC are at a normal loss

I bought MTL recently at its accumulation zone and am down just a little on that ( it seems to be holding up well thus far).

[Faust]

Well, you did well with your MTL after tonight...

Anyway, as for the rest, I would say see what BTC does. If it goes to a new ATL for the year (Around 7500$ or so) then dump and take your losses.

[Cattle Rustler]

We're not gonna make it brahs!

Back to wagecucking and funding a 401K with 4% returns brahsefs!

[churros]

(02-05-2018 04:49 AM)Faust Wrote:  

Well, you did well with your MTL after tonight...

Anyway, as for the rest, I would say see what BTC does. If it goes to a new ATL for the year (Around 7500$ or so) then dump and take your losses.

Uh, why?

[Windom Earle]

(02-05-2018 08:45 AM)churros Wrote:  

(02-05-2018 04:49 AM)Faust Wrote:  

Well, you did well with your MTL after tonight...

Anyway, as for the rest, I would say see what BTC does. If it goes to a new ATL for the year (Around 7500$ or so) then dump and take your losses.

Uh, why?

Because selling when the price tanks is a such a sound strategy

[RedPillUK]

Well if we sold last night and bought back in today, we'd be up 15-25% in terms of Bitcoin or other cryptos.

I sold my nano when it listed on Binance at $21, then rebought in around $18 dollars thinking it shouldn't go much lower than that. If only I waited til the next day when it was 12 or today when it's under 10 dollars I would have doubled the Nano I have.

[Blancpain]

(02-05-2018 09:44 AM)RedPillUK Wrote:  

Well if we sold last night and bought back in today, we'd be up 15-25% in terms of Bitcoin or other cryptos.

I sold my nano when it listed on Binance at $21, then rebought in around $18 dollars thinking it shouldn't go much lower than that. If only I waited til the next day when it was 12 or today when it's under 10 dollars I would have doubled the Nano I have.

This is pointless unless you have a time machine or insider info. No one can predict the dips or the top.

[Oz.]

(02-05-2018 08:42 AM)Cattle Rustler Wrote:  

We're not gonna make it brahs!

Back to wagecucking and funding a 401K with 4% returns brahsefs!

[tomzestatlu]

fuck fuck fuck fuck


Anyway, the most of the money in crypto is corporate. Do they just leave? I don´t think so.

[Blancpain]

Had to post this, sorry

[Boris Alotovmuff]

The markets are nuts today! Holy crap it's a margin trader's dream... the dow and cryptos in particular are up and down like a whore's drawers.

In the last hour ripple has gone from 64 bucks to 76 and heading back down again...

Dow currently down over 1000 points having been much lower and getting smacked each time it recovers...

Bitcoin gone from 6600 to 7400 in past hour and now shitting its pants again...

And yet gold only up 0.3% and silver down ?! Gold and silver gonna rocket if this volatility continues this week...

It feels like 2008 / 2009 all over again. It's a traders dream with fortunes to be made and lost. You have to wait years for these kind of trading opportunities.

I haven't been this over-excited since Lehman... can you tell?

[_Cicero]

(02-05-2018 10:02 AM)Blancpain Wrote:  

(02-05-2018 09:44 AM)RedPillUK Wrote:  

Well if we sold last night and bought back in today, we'd be up 15-25% in terms of Bitcoin or other cryptos.

I sold my nano when it listed on Binance at $21, then rebought in around $18 dollars thinking it shouldn't go much lower than that. If only I waited til the next day when it was 12 or today when it's under 10 dollars I would have doubled the Nano I have.

This is pointless unless you have a time machine or insider info. No one can predict the dips or the top.

I can predict the bottom though. It's zero. Must get there eventually. All these "currencies" are worthless, in the end. It was all a hype bubble. There's nothing there.

[Boris Alotovmuff]

Prediction is pointless in this rollercoaster market we are seeing this afternoon... following the momentum is the only strategy that can make money.

Get in with 2 or 3 per point no limit trades using the tightest stop your platform allows and if stopped out pause and re-enter. Eventually you will be the right way round and let the position run until your previous losses are covered and you're back in profit then get out fast and swap sides.

In other words the trend is your friend... be a trader not an investor.. etc. etc (insert your preferred trading cliches here)

[louiebeans]

IMO after the crypto market settles, we will see the major players step up and establish some legitimacy.

Still need to do some more research but from what I've read LTC($118.89 as of FEB 6) looks like the coin to grab. If they can do what i mentioned above with Litepay and Litepal. Also XMR($168.73 as of FEB 6) is already the go-to coin for dark web after bitcoin blew up.

Those are my two picks. If your feeling risky grab some penny coins and sell when they hit $1 or $2.

[thebassist]

This sums up my experience of the last few days:

https://vocaroo.com/i/s1XQoxMG66iw

[gework]

[el mechanico]

7k is the new 14k.

[Chunnel]

[SamuelBRoberts]

Anyone here with experience running masternodes, could you PM me?

[bigolteddies]

(02-06-2018 05:15 AM)louiebeans Wrote:  

IMO after the crypto market settles, we will see the major players step up and establish some legitimacy.

Still need to do some more research but from what I've read LTC($118.89 as of FEB 6) looks like the coin to grab. If they can do what i mentioned above with Litepay and Litepal. Also XMR($168.73 as of FEB 6) is already the go-to coin for dark web after bitcoin blew up.

Those are my two picks. If your feeling risky grab some penny coins and sell when they hit $1 or $2.

Litecoin is pretty useless and other coins do what it does better like nano and stellar lumen, it's mc is only so high because its on coinbase so noobs buy it thinking it'll go to 10k like bitcoin lol.

[Blancpain]

Binance suspended trading without prior warning 17 hours ago citing ''maintenance'', they said it would only take 12 hours, but they extended the deadline. People are talking about a possible exit scam.

[SamuelBRoberts]

People always talk about an exit scam whenever there's maintenance.

[SamuelBRoberts]

(01-16-2018 07:41 PM)SamuelBRoberts Wrote:  

This is your reminder to take profits when this shit recovers.

This was a good post.