I mean you can go through my threads and see that i read the leaves quite well But i completely agree with you! Trading has very little to do with predicting and making money! Calling is easy, trading is a different game! I am a big buyer of Bitcoin at $6500 though. Perhaps altcoins too. Altcoins could outperform bitcoin for a short period, but i think it could be bait. Because when Bitcoin starts running, alts lose floor under them. A historical bull run happens when Bitcoin starts going up VERY RAPIDLY and altcoins dump very hard, then once Bitcoin tops, alt's make a V-reversal. If ever, then now the conditions are right. All conditions are IN OUR FAVOR. I've been waiting on this for the last 3 years. I AM SEEING EXTREME BEARISH SENTIMENT ON CRYPTOS. I am a buyer of RIPPLE, ADA, TRON. XRP is my favorite. Because when XRP goes, it pumps the hardest. If things go according to plan, i will also be buying DOGE and Verge(if Bitcoin pumps above 10k) I am tracking it actively and i will likely be buying them at the end of the day! All of those coins are pure scam(bitcoin included) and will go MUCH MUCH lower on the long term, but who cares? I don't. I could very well be wrong, i am not talking in absolutes. But everything is coming together so nicely, i think the ODDS are good.(that's what trading is, right?)
I have to be honest, charts look pretty ass. But that's how cryptos usually bottom... I am loaded up on Bitcoin. If wrong, i''ll have some of my own medicine.
well. you have 2 more weeks. why don't you trade something else which has much higher liquidity, which has much greater interest from traders and big boys? bitcoin volume is horrible.
What do you mean the volume is horrible? I am not trading million dollar sizes and even if i wanted, i could. There is enough liquidity and volume for me.
That's because you're messing around with Bitcoin futures. Try trading on a real exchange that deals with crypto and it should be completely different
Suit yourself. Trading Bitcoin is risky and that's part of the risk we take. I've been burned before and the profits outweigh the losses. Also the security now is almost unhackable, but hey, if you can patiently hack into my account after 5 hour lockouts from 5 password attempts then I will give you my money...
Not so much. According to Forbes: “bitcoin and cryptocurrency fraudsters stole over $4 billion of digital currency from investors and users in the first six months of 2019, a significant increase on the $1.7bn stolen in 2018. These stolen funds were a result of “outright thefts” from cryptocurrency exchanges, according to U.S. cyber security research company Ciphertrace.“