When is "very soon" as we are almost one month later now? Next week we reach the first anniversary of the first investment from this journal. The last year you already felt the vibes many times, but till now all these vibes were fake signals. Every position is at a (huge) loss. Why are you sure that the next one will be a good one? Your total investment has to go up 270% just to get break even, and then you still lose 1 year of returns.
Try not to get The Baron killed in action in the ultra dangerous Bitcoin whose downtrend is sooooo entrenched without at least giving him ONE BASIC RULE ..... Trend remains DOWN until at least a higher high occurs. No hurry to get excited until at least the downtrend line is breached topside Trends require no notice to be given when they reverse SO USE A TRENDLINE AS YOUR GUIDE. There may be 50 ways for Schizo to leave her lover but I guarantee Bitty is not going anywhere north until and unless he passes MY trendline. Stunning divergence developing on Macd. Don't be too or three shocked if Bitty dives from here in a rocket south
"Very soon" is when I determine that the time is right for me to continue adding to my position. But whenever that time comes, I will announce it in advance of taking action. I understand your frustration from a time standpoint but the reality of the situation is that the markets have left nowhere to hide. In other words, it's not like BTC is the only thing that's down. Pretty much everything has tanked and that's just the cards we've been dealt at the moment unfortunately. Because the nature of the markets and the nature of life itself is that nothing remains the same forever. It's all about duality, or in other words, the nature of opposites. For example, you can't appreciate making a profit until you've truly experienced the sting of a big loss. You will never appreciate a powerful bull market until you've endured the hardship of an extended bear market. Understanding where you're at in the market cycle is crucial to making the best decisions possible along the overall timeline. The underlying premise of my positions has not changed one bit, and I am more convinced that BTC and other cryptos are where you want your money to be stored in. Every week there seems to be yet another story about how politicians are screwing up their currencies left and right. Last week it was Lebanon and now the Bank of England is in the process of creating its own financial disaster. Your viewpoint is screwed up because you keep thinking that what I've put in so far is all that I'm going to do. This is a work in progress. I will continue to add to my positions as I see fit in perpetuity, and as far I can tell in all of your comments, you have neglected to factor that aspect into your thinking despite the fact that I stated that intention in the first post of this journal. In fact, if I'm not mistaken, I think I posted that this would be a crypto accumulation journal and there would be "no upside limit" to what I will continue to contribute to my positions as time goes on.
I am not frustated, I have no losing months, so each month my account grows. Achieving a 100% losing rate is to me proof that the basics are even missing. Nobody has a 100% winning rate, but nobody should have a 100% losing rate. I don't agree. My viewpoint is based on reality and real numbers about what happens/happened. So based on hard proof and reality. Your viewpoint is based on wishfull thinking, hope and dreaming. Even a work in progress should give an indication of the potential of the investment. That's not the case here. 100% losing positions and overall 65% loss in less than one year. Progress means positive evolution. Till now we see just the opposite.
So you never have a losing month, huh? Prove it with brokerage statements. Otherwise, your comment is just smoke and mirrors.
You cannot know if it is smoke and mirrors. You can only say that it is possible but you seem to be sure already. Don't use the logic: "I cannot so nobody can." Especially not if you have a 100% losing serie of trades. Already several years without a losing month. What do I have to win with showing statements? Nothing. I prefer to keep my privacy. I showed before a partially blanked out statement on ET. "Guru" Des reacted: you can find it on internet and modify it, it is fake. So I am not interested in marginal discussions. Risking to lose my privacy and getting a utterly stupid reply happened one time but never again. I also don't care what others think or say. When I told last year in this thread that I had a short signal on my weekly charts BTC, nobody reacted. We went down 65% and 1 year later we are still there. As a good daytrader it is not so difficult to stay profitable end of the month.
Bernie Madoff-type scammer is what you are, virtusa-is-a-liar virtusa-is-a-liar is a loser CTA and hates Bitcoin because the clients are investing directly to Bitcoin and other crypto assets Just like Bernie got pissed when the clients withdrew their funds and got away from his scam
Dive bomb coming up to my grey rectangle Wave C = A in the bottom of the grey rectangle below current action at 12,578 This will complete Wave (A) down. Wait for Trendline break and go Long for Wave (B)