This next move up - if it materializes - should be much slower than the last. So care for that. I think that there's at least a 50% chance of this happening, with a 4.88:1 R/R giving this a very high EV.


Update - I'm out, made a high +R, and will publish the video at some point this week.

Why is the cost so low?

Some places like Overstock did

I think I will apply Ichimoku technique for future trades on the higher timeframe, as managing these mid-term trades seem to be a weakness in my trading as I couldve gotten potentially a 9:1 or 10:1 instead of a 5:1 and tripled my account instead.


Awesome, welcome :p

Not entering with as large of a position this time - but there's a possibility for a move up to 5 really soon. If not, the loss is very small (about 4 to 1)

I believe this is also a lower-probability type trade than the last one I posted. But it is worth taking if one knows how to manage it well.

EDIT: Looks like it's probably not happening in the short-term.

I'm 100% out of this trade now - not sure where it's going next. Will edit/upload the trade maybe today/tomm. or next weekend.


Update/Edit:
Trade details - Got a 5:1 ratio, and I closed because some people were impulsively selling down in BTC.

What timing that was lol.

I'm in on this too, recording the live clips. Out about 1/4 at the moment. Looking for the fiver hopefully.

Well thanks

I'm not seeing huge potential with quality Bitcoin trades at the moment, but Litecoin has a potential trade setup.

^Oh cool, a response :p

Also - I've got a YT channel I started posting on. There isn't a Bitcoin or Litecoin trade yet on there, but there will be soon after I edit the clip and upload it.

There is however, two forex trades on there:
https://www.youtube.com/watch?v=0Pz7A-iF0ZI
https://www.youtube.com/watch?v=W6wpjbC2TVc

I look forward to increasing the video quality over time as I'll get better with editing.

As for the market right now, it seems that there isn't so much liquidity at the moment - and today is a weekend day too.

I've had quite a bit of success trading Bitcoin and Litecoin, and I'm working on creating a quality trading community where decent traders can post. The current trading and analysis communities for Bitcoin and Litecoin out there lack quality. My goal is to create a quality trading community where actual quality price action traders can discuss the markets.

I've been trading since 2013, and I believe that I've gotten a strong grasp on my strategy at this point - and my results have reflected that.

This topic is for general analysis of the market - both Bitcoin and Litecoin have presented great trading opportunities recently. I may post setups in the FX markets from time to time as well.

There is no paid service here - only good traders will be allowed to become a part of the exclusive area of the forum for discussion.

Things that a part of my trading:
Price Action Analysis - Patterns with key levels
Trading Mindset

Things that are not a part of my trading:
Moon Cycles
Manipulation Speculation
Orderbook Speculation
Indicators of any kind, besides pure price action. I do not look at MACD, RSI, or even volume as all the data is already implied into the candlestick charts.
Fibonacci
Cyphers, bats or whatever.

Holy shit BAC, you spent a lot on CLAM domains.

Good call.

Definitely disappointed to see that we'll likely be pursuing a USD refund for less than 10% of what we paid for, rather than going for an lawsuit.

I read over Ray's conditions, and I don't think they're reasonable whatsoever. It's like a replay of HashFast, asking for pre-orders and money before they've done anything:

"You will pay $1,000 up front as a deposit against costs to be incurred, and shall

provide additional deposits upon request to cover reasonably anticipated costs."

It's already difficult enough to collect the first $1000 from shareholders, but leaving the option of asking for more deposits "upon request to cover" costs is simply unreasonable as they're already taking 40% + $1000 + $Arbitrary amount.

I personally had over 21 btc invested in this so I'd still prefer to go the lawyer route - but preferably with a more reasonable lawyer. If not, then I suppose HashFast has successfully scammed us and they're already swimming in Bitcoins by now. I can see why waldo wouldn't want to contribute the $1000 - because this lawyer's demands are simply unreasonable as he leaves the option to ask for any amount more to fund this case.

In my opinion, the best option is to find a better lawyer - a competent and reasonable one this time.

This certainly won't be as quick as things go in Suits! :p

Glad to see this amazing coin finally start to show signs of life

I'm glad Ray responded. At this point, it looks like we have no choice but to go with the lawyer route, since HashFast is forcing USD refunds on customers.

The chance of HF going bankrupt is rather low, since they still have quite the number of new customers pre-ordering their products. The lawyer also seems great. 40% is a small price to pay to win this, considering HF has also hired a lawyer and is clearly preparing for war against their customers in court.

I think we have a good chance of winning this case.

Yeah. Any update waldo?

Cool bot man

I'd definitely vote for the lawyer option.

If we take the first option of getting a few dollars back, that's like getting nothing back at all (10% of what we paid for!).
If we take the option of just asking and waiting Hashfast to return our money, we'll get nowhere for years. Both these options are bad because we'll either get a tiny bit of money back or no money back at all. Remember how Hashfast was supposed to ship 3 or 4 months ago and still haven't shipped? Imagine how many years or centuries the refund option will take.

That leaves us with the only option of getting a lawyer and initiating a class action lawsuit against Hashfast who has scammed its customers. Hashfast is still taking orders and they should have cash/bitcoin because of their new orders. If they go bankrupt, we're screwed either way.

I paid 21.5 btc for 7 shares out of 20 shares, so I'd be losing almost $20k potentially if we take the first and second option. I imagine everyone else is facing a similar scenario.

Voted. (For legal action with the 40% guy)