FOMO everywhere, people getting panic about missing something , throw their money to ico, competing to become a private investor, then cashing out, then lock up period has ended , the team also cashing out immediately ,new comers feel dissapoint, then cutting lose, instead of trying to get back what they lose before, they just lost everything by bad actor who create fake ICO/pyramid scheme like BCC. Make a report to their goverment make crypto getting worse after all, banned by goverment or even facebook has block ICO page on the that time. Do you think that 2017 was the "Golden Year of Crypto"? Or is the best is yet to come?
overbought is the best answer for it, of course the best is still not come, its still 11 years old, even for a human kinda rare seeing the best come on 11 years age. |
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well, still under 30k cases ( by this time ) and already have a big cost to boosting back the economic, i wonder how other country like INDIA or USA for recovery. Government in my country is also doing the same and they have released funds to support over 1 million small businesses. Though I have not heard any other concerning that as of recent , so not sure as to what has happened next.
well about it, there is nothing you can do but entrust your own government , some incident like a riot maybe can be happened due the panicked or frustrated the civil during this pandemic. |
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nah, i just thought you r soo paranoid about this, if u want to know about my thought, as the time goes, people will be mixed with robots parts,like hand or legs or even face,but of course,without me in it,or you or even us, because it's still very long.
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well , it happen to me right now , i have no job since april, and i just using save fund to my daily life,it's only a matter of time until no save fund left. After that i dunno what must i do,and unfortunately there still no job vacancy. On june,i try to register as an insurance agent,but it's seems useless,most of the prospective customers complained about the same thing about economic conditions,or maybe because my scope is not too large,but well,whatever it is , I became unwell,i mean, my mental totally sick,and also because of that, my trading fell apart, I realized what I needed was a vacation, unfortunately even my hometown didn't accept people from outside.
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too fast it's not always good,if u talking about new trader which i mean newbie ,of course derivative trading should be avoided at the beginning,it's a high risk category,did u know survey about how long crypto trader still active at trading ? , just a few percent, and mostly quit less than 2 years.
Oh wow, didnt know that. So you suggest that the volatility that we see in crypto market is caused by those few percent of people? Probably mostly whales. you thought it wrong,buddy. I mean, of course that by whales and their bot trading,in this case,if a new comer suddenly jump to derivative market,they even quit within a month,in any case, derivatives are for pros. |
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too fast it's not always good,if u talking about new trader which i mean newbie ,of course derivative trading should be avoided at the beginning,it's a high risk category,did u know survey about how long crypto trader still active at trading ? , just a few percent, and mostly quit less than 2 years.
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so far, i just know HupayX is going to listed on Btrade,and so far , Btrade is not top 3 korean exchange. and about Hupayx itself,it's a common project , a mobile wallet project,but well , good luck for shill your coins.
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if buying crypto is allowed , why not,since we know crypto is on fire from 2 weeks ago. well i am not US citizen , so i dunno what business is promising in the middle of a pandemic like this , on my country,making masks from cloth is a profitable venture for now , so 40% for investing on crypto, the rest is to buy the need to make a mask.
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~snip
holders of last resort, that's the right word for them. They never intend to sell regardless of market movements,and somehow,it's remind me to satoshi mission about creating bitcoin,it's kinda funny if more bitcoins are on the market than in individuals. |
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Still you long your assets last three hours? how do you feel, I can't trust with bitcoin always on the top price suddenly could dump without bad information and happening today with bitcoin back lower price just few second, when reaching profit 100% or 50% sell your short and check situation how next step long or short.
oh come on,did u think no retrace there for every pump ? bear still there,even without any negative news,my opinion,for now price will aiming lower,which mean its can be more worse than now. think on the downside,it need to hold on range 10400/10600,below that level i am sure it will endangers the uptrend. |
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yes, that right, this week crypto is on fire,and the most interesting here it seems BTC have decoupled from stocks,with ETH leading the crypto movement,It seems that the BTC dominance has diminished again.However about data i've read,volume is still not convincing,but the fact,its not too bad because we are still in the big consolidation range.
Have you seen how the price went up, and you still say that the dominance is falling? Lol. In case you don’t know, Ethereum makes major moves when Bitcoin is moving, it follows Bitcoin and that’s how it moves. Ethereum has increased in price, and so did Bitcoin, the price managed to stay above $10,500 and as I checked now it’s at $10,900 after it reached over $11.300 and dropped back. All it takes is just time and the price will go back. well,i post it on july 24 and if u read carefully every chart,data of btc before 25 july and comparing with ETH,u will know who take the lead, ETH has make the own major move,even when BTC is still following the stock market movements  ,correlation with the stock market since March 2020 it is something that many traders will already know,and BTC has found the own way a few day before you criticize me. |
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If government will accept cryptocurrency and give freedom to the people to use it ,i think many people will buy and invest in bitcoi. Also it be a temporarry solution in our current siruation now.
believe me,its not a solution for current. just imagine by yourself,if a lot people put his money to one basket,what will happen ? for me,just one thing will happen,a bubble scheme, I think the 2018 bubble break is enough for crypto. -- and also about government + cryptocurrency, that is a complicated thing, considering that government is a sovereignty, it should be able to answer why they do not provide support to cryptocurrency |
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yes, that right, this week crypto is on fire,and the most interesting here it seems BTC have decoupled from stocks,with ETH leading the crypto movement,It seems that the BTC dominance has diminished again.However about data i've read,volume is still not convincing,but the fact,its not too bad because we are still in the big consolidation range.
Ethereum has 10x the volume of BTC in the ast 24hrs but both doing good respectively. Another week where buying calls would have been amazing. Lets hope the trend continues. well,probably because Ethereum 2.0 Developers Announce ‘Final’ Testnet Before Network Launch , we can see how much people are enthusiastic about this, and it can be seen from eth that tends to be overbought in my opinion,and from my perpective,there just a small chance to see eth below 300 again,its just reminding me about ADA rally on earlier this month,its really overbought, on that time i just wonder when the retrace coming,but its nothing,just a small retrace,and continue rising,and that maybe happened to ETH. |
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well dude,just for reminding,my uncle on my hometown work as a farmer,on 2018 i am back to my hometown, and I do what he does on his farm. for sure its really hard,and also many many thing u need to learn about agriculture,i just wonder,did u really want to sacrifife your IT skill just because this pandemic,just try some new thing with your skill,i am sure u will get some,rather than work as a farmer,i doesn't say farmer is a bad job,of course it is a noble work,but well,its just kinda dissapoint to see people desperate like this.
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it's not surprising for me,and about what happened today,like i say before on another thread,now its a final barrier between going to next resistance on 12-13k range,or back to 7-6k. The great news, according to many aspects like charts,trading volume giving a positive point,which mean,it seems btc can go futher, however its doesn't mean bear cant do anything.
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Well , according to many speculan, tomorrow will be the final test for crypto , eventhough we see this week crypto seems moving foward leaving the stocks behind, its still not enough to say we on bullish moment right now,so get ready for the monday.
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i make my own decision,based what i read from many many source,make conclusions and do it,unfortunately i still need more practice to control my emotion,i am not fear being lose,but my greed is like hunger beast.
when the target price is near,i just created a new target price,then the profit shrink back and in the end,i just get a small profit.
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