I don't like this but what are you gonna do!
what you and most other hodlers did before for years: wait it out and buy the dip. EDIT: It's easy. The lower we fall, the higher my safety margin on the way up. |
|
|
|
WMA200 breakage looks close in my charts.  |
|
|
|
COVBULL-19 hasnt even killed 5000 people yet in about 2.5 months. 200,000 babies were born today. I could be wrong, but imho, this is gonna go down in the history books as one of the greatest overreactions of all time. https://www.globaltrademag.com/the-spanish-flu-and-the-stock-market-the-pandemic-of-1919/"the impact of the Spanish Flu on the stock market was minimal. If you look at the Dow Jones Industrial Average in 1918 and 1919, you can see that the stock market was relatively unaffected by any of the three waves of the Spanish flu. " This is a sign of the times. Almost everybody is ready to freak out about anything. The media and politics have exploited and built the fear in folks so much to manipulate them, now it swings back. They just overdid it. Poor panicky people, i can feel for them, really. puppets on strings. The problem isn't the kill rate.
The problem is the virus slows down the economy.
People won't die from the virus, they'll die from hunger.
The whole crux about explained in two sentences. Chapeau! |
|
|
|
Corona. Corona. Myyyy Corona!
Well.... it was only a matter of time before this came out eh?(apologies if already posted, I'm usually late to these things as I don't live on my device 24/7) This one was a month earlier: https://www.youtube.com/watch?v=gDc_6KRaX6QIt's funny and subtitled, but i think it was posted here before, too. Jason Park (the singer) is also a fucking good skateboarder. Check some skate vids on the channel, he's awesome. I'm too afraid to open my Blockfolio at this time.  It seems like my portfolio caught the Coronavirus. Yes, it happens the same to me. I have an idea of the resulting total, but i dont want to see the exact number on the screen... Depressing  I had alarms enabled for BTC in blockfolio, and it felt like having whatsapp installed (which i don't have). Ding-ding all day long... |
|
|
|
Going down again?
What'll happen when we go below 200WMA I wonder. I guess it would be bad.
I guess so. I won't be touching my fiat until corona situation will easen up. I had some luck with trading today, since i saw the dip coming SOMA (#notliteral). I bought back gradually about $200 up from the ADL on the way up tp 5.900 It looks like capitulation in 2019 now, but i still wait. I also waited back then, missed the dip by a few 100s, but i was satisfied. I do almost all trades manually, therefor quite rarely. I just wait out now, more fiat will be coming in the next 2-3 weeks. Can't await some more dips, will also be happy when the price is rising. I expect a slow rise, if any, in the near future, and so i can still buy without fomo-ing every little green candle. |
|
|
|
That was unexpected!
At previous drops I've often seen "the Chinese" get blamed. This is new, I would say this is a test for Bitcoin as "save haven".
this is a test of bitcoin period. bitcoin will stand. It's more a test of holders. (not hodlers) |
|
|
|
Read his last sentence. I'm looking for sideways, at least a day or two. Like with $3k last year. When i see AND feel the capitulation  |
|
|
|
was that like a thousand dollar drop in like 10 minutes?
lol reminds me of the old days.
Question is though, is it over. Just wanted to say the same. SOMA it's not yet over. |
|
|
|
I just fear that almost nobody is in the mood to buy but hodlers. Most big players will likely stay invested but keep their hands off the buy button. Average joe will be scared by todays dump  |
|
|
|
As i stated before, "resistance" is completely virtual and, most important, momentarily.
And even if you consider "resistance" as resistance, it slowed down and degraded the dip by several %.
Or did you like to see corn falling to $5k and below?
Today, thus far, its been more accurate to say that resistance was at $6100, $6000 and $5950... We didn't get our first bounce until about $6100... This guy is claiming the resistance was $6400 just because it fits his previous predictions -- not because the resistance was actually there. Agree. That didn't come out as clear to me from the previous posts. I was able to up my BTC holdings by a fraction of my "trading reserve" at an exchange. I'm prepared now for further rise or fall. Good thing i was at home and had time for SOMA analysis, which made me do the right thing just a couple of minutes before the dump started. I made market rebuys, unfortunately, but the "loss" is not really high, especially in contrast to the gains. |
|
|
|
-major support at 6.4k
Meanwhile the price is currently at $5.9k. GTFO here Nostradamus. You're welcome to continue posting, but expect to get ridiculed if you're trying to argue that $6.4k is still a support level, or any relevant level at all. You were obviously wrong about that. The herd was buying because of the halvening coming soon.
As usual, do the opposite of what the herd does.
It doesn't work all the time but it works pretty damn well over the long term.
"The herd" has been saying "buy bitcoin" for over 5 years. If you haven't noticed, this is a forum about bitcoin. Your general call was bearish -- so you can take credit for that, today. Tomorrow it may be a different story, and taking credit for anything else in the meanwhile is sheer arrogance. Bottom line, you don't know anything that anybody else doesn't. You're just a bit more arrogant than most, which for this place, means you're pretty damn arrogant. As i stated before, "resistance" is completely virtual and, most important, momentarily. And even if you consider "resistance" as resistance, it slowed down and degraded the dip by several %. Or did you like to see corn falling to $5k and below? |
|
|
|
PlusToken guys are in a hurry. Probably hiding in the US at the time?   |
|
|
|
Is it now officially open to say........... All TA is flawed most of the times? Read back. There were evidences. I even posted a screeny. What a fucking day! |
|
|
|
bargain timez |
|
|
|
BTC is just going to rip a $1000 pump and leave bears speechless.  certainly. but when? |
|
|
|
You can keep coiling the spring but eventually it will let loose. Stock to flow implied value is currently $10k and will be $100k in less than two months! Crazy to be selling now, everyone thinks they can pile back in but there will be no time.
I am sure nobody here is considering selling from these low ass prices. It is all about buying from which price point and how much. Still about x3.5 for me at these levels. More buying fiat takes about two weeks to arrive at my banking account. Just thinking. |
|
|
|
Guys, if the fifth consecutive RED weekly candle ends up below $7.5k, i think this might get pretty ugly. So far on the last few occasions, after four or five red weekly candles the corn was reaching a local bottom. But there are quite some days to go  EDIT: At the time it looks tempting to park some of my stash in dollars and buy back in lower. Trumpster Dumpster may make this work out for me. PlusToken dumps confirmed? anybody knows something? there are $100M dump rumor-tweets that say it's based on chain analysis . |
|
|
|
good morning. next 35 mins are critical. observing $7417 EDIT:  |
|
|
|
 Umm... WTF? For everything else, there's NFS. Don't leave the network without it. That's MS. Improving features until they break. It's a tradition, it seems. |
|
|
|
|
atm it's pumping.
observing $7.810
|
|
|
|
|
Show Posts
