someone shook that tree so hard earlier today, so many shorted under 13k ,
i had set buys for others this time..., they got filled...thank you panic sellers and so called smart traders. (rockets are ready btw...they just had to delay take off due to segwit crap)
i know it wont be a n easy journey to #1, but it will happen
XRP has been through the same pattern for past few months.
Big event day today...all will be ok
( all gd ray am all gd ,thnkx
)
i think i need to write a lil piece on crypto margin trading dangers...
why it helps whales, why it helps exchanges ( against you ) why more will lose than gain using margin...
i dont margin , never have...or use any other polo service..lending,loans.
i dont even use bots or api or any other fancy trick...
i use my own funds...i spread some of my buys and spread some of my sells...then wait
if market changes, i log in and manually decide what i want to change...
margins can wipe you out quick as you have alot to deal with and things can get out of control pretty quickly.
now segwit rumour, the cause of the mess yesterday imo
http://www.newsbtc.com/2017/05/22/rumour-segwit-will-activated-bitcoin-network-soon/Bitcoin users still hold out hope Segregated Witness will be activated on the network. it seems highly unlikely that will happen at this point. An alleged chat log on the Internet confirms SegWit will get activated soon, though. However, a lot of people rightfully seem unconvinced by this information. It appears this information should not be taken seriously at this point, although you never know if there is any truth to it.
now if segwit did activate...it wont change the world of btc too much...it just gives btc a little more breathing space for short term.
segwit has been activated on a few other alts...afiak all have dumped once segwit got activated.
XRP is the only coin that has has virtually no technical issues now or in the forseable future...unlike every single other crypto currency out there.