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MatTheCat (OP)
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May 28, 2016, 09:39:50 PM |
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Whole bunch of people gonna get wrecked!
Mat, since you still haven't figured out how this market works, the last move was to secure a $500 floor. The downside potential now is about non-existent. We will see.... as you know, I have zero faith, but if I see a continuation setup, then I will take it. As my sig sez...Crypto may well pump, but the only guarantee in crypto, is the dump! |
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RyNinDaCleM
Legendary
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Activity: 2408
Merit: 1009
Legen -wait for it- dary
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May 28, 2016, 09:40:22 PM |
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Whole bunch of people gonna get wrecked!
Mat, since you still haven't figured out how this market works, the last move was to secure a $500 floor. The downside potential now is about non-existent. We are due to test that $500 mark |
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r0ach
Legendary
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Activity: 1260
Merit: 1000
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May 28, 2016, 09:42:53 PM |
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Whole bunch of people gonna get wrecked!
Mat, since you still haven't figured out how this market works, the last move was to secure a $500 floor. The downside potential now is about non-existent. We are due to test that $500 mark no |
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RyNinDaCleM
Legendary
Offline
Activity: 2408
Merit: 1009
Legen -wait for it- dary
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May 28, 2016, 09:46:36 PM |
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Whole bunch of people gonna get wrecked!
Mat, since you still haven't figured out how this market works, the last move was to secure a $500 floor. The downside potential now is about non-existent. We are due to test that $500 mark no So, how do you consider that a secure floor? Don't you know how markets work? Levels need testing after breaking to confirm the support. |
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r0ach
Legendary
Offline
Activity: 1260
Merit: 1000
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May 28, 2016, 09:47:55 PM |
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Whole bunch of people gonna get wrecked!
Mat, since you still haven't figured out how this market works, the last move was to secure a $500 floor. The downside potential now is about non-existent. We are due to test that $500 mark no So, how do you consider that a secure floor? Don't you know how markets work? Levels need testing after breaking to confirm the support. We're engineering it to stay up because it takes time to drag the idiot exchanges Bitstamp and BTCE upwards. The longer it is up, the more they are forced to come along. Shitstamp attempted manipulation downwards only works very short term, they can't do it over a period of days. |
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MOB
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May 28, 2016, 09:56:29 PM |
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You always make it seem like so much work Mat. Did you ever try buying on the cross of EMA 10/21 with 24-hour period? We talked about that in one of your threads like two years ago when you were swearing and freaking out.
I can't handle the stress of actual day-trading and it seems to catch most of the upside. It translated to a buy at ~$405 a month ago or so, then sell at $450. Then another buy at $445 on the 26th.
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Gillette
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May 28, 2016, 10:06:00 PM |
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Whole bunch of people gonna get wrecked!
Mat, since you still haven't figured out how this market works, the last move was to secure a $500 floor. The downside potential now is about non-existent. We are due to test that $500 mark no So, how do you consider that a secure floor? Don't you know how markets work? Levels need testing after breaking to confirm the support. We're engineering it to stay up because it takes time to drag the idiot exchanges Bitstamp and BTCE upwards. The longer it is up, the more they are forced to come along. Shitstamp attempted manipulation downwards only works very short term, they can't do it over a period of days. r0ach who much do you think bitcoin price will reach on this pump? |
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Ted E. Bare
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May 28, 2016, 10:17:29 PM |
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Why would anyone even think about selling? Halving is coming in like 40 days. The only legitimate trading idea right now is to buy every bitcoin.
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chesthing
Legendary
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Activity: 1414
Merit: 1000
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May 28, 2016, 10:49:33 PM |
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I'm calling the top at $600 on Huobi for this rally. Down we go, but probably not lower than $465, $30 over the last floor - nice.
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MatTheCat (OP)
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May 28, 2016, 10:55:16 PM |
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I'm calling the top at $600 on Huobi for this rally. Down we go, but probably not lower than $465, $30 over the last floor - nice.
So many setup targets just been hit..... Here is another one:  Missed out on large chunks of this upswing but fuck it.....no cunt can see that shite coming...... ....memories of FOMO buying and FOMO holding still linger.....and then not forgetting panic selling (in the midst of a tutorial right now, learning that very setup.....had I knew it 20 mins ago, I would have taken the fucker) |
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chesthing
Legendary
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Activity: 1414
Merit: 1000
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May 28, 2016, 11:10:18 PM |
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I'm calling the top at $600 on Huobi for this rally. Down we go, but probably not lower than $465, $30 over the last floor - nice.
So many setup targets just been hit..... Here is another one: Missed out on large chunks of this upswing but fuck it.....no cunt can see that shite coming...... ....memories of FOMO buying and FOMO holding still linger.....and then not forgetting panic selling (in the midst of a tutorial right now, learning that very setup.....had I knew it 20 mins ago, I would have taken the fucker) Calm down ffs. Wait for it to dump, buy back in and just fuckin' hold until the real pump starts. Simplify your strategy. |
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MatTheCat (OP)
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May 28, 2016, 11:18:02 PM |
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Calm down ffs. Wait for it to dump, buy back in and just fuckin' hold until the real pump starts. Simplify your strategy.
I am calm m8......can't be beating myself up for having the audacity to take profits from that fucking face rip.... .....I suspect buying the dumps aint gonna be easy here....they will come, and when they do, they will be fucking hair raising. |
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Ted E. Bare
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May 28, 2016, 11:23:20 PM |
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Why don't you guys just buy and hold? This rise in price was predicted by many reputable people.
Your claim that no one could see this rally coming is not accurate.
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Tzupy
Legendary
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Activity: 2170
Merit: 1094
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May 28, 2016, 11:25:48 PM |
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Calm down ffs. Wait for it to dump, buy back in and just fuckin' hold until the real pump starts. Simplify your strategy.
This was the real pump and it overshot (in China). Still buying the retrace (which could go deep) should be a good reentry. |
Sometimes, if it looks too bullish, it's actually bearish
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MatTheCat (OP)
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May 28, 2016, 11:37:33 PM |
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Why don't you guys just buy and hold? This rise in price was predicted by many reputable people.
Your claim that no one could see this rally coming is not accurate.
Nobody, could predict big fkn green dildos like what we just had.....that is insane. The reason I don't just 'buy n hold', is cos I have been there done that, and generally ended up losing in the end. There is a whole psychological element to this game that you just can't legislate for. Who here simply buys at near the bottom, sits on their BTC, and simply sells near the top? Very few, I will tell you! The retard holders will hold, and keep on holding. Most of the rest of us, will buy, cash out, watch with angst as BTC keeps going, then FOMO buy back in way up the charts, and then send even more to the exchange for even more FOMO buying....been there, done it, got the T-Shirt, and ended up losing a fucking packet..... ....despite trying to short the bottom of this pump, I am up around $800 in the past couple of days, and yep, 90% of my BTC trading capital is sitting in USD, or CNY rather. The fact that had my market interactions been more timely, could have meant that I netted around $2000 in profts, doesn't bother me at all. Just so long as I emerge from this manufactured pump event still holding that $800 profit, and hopefully plenty more besides is all that concerns me. Most people who participate in this BTC pump, will lose. That is an inescapable fact. |
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chesthing
Legendary
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Activity: 1414
Merit: 1000
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May 29, 2016, 12:11:08 AM |
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Calm down ffs. Wait for it to dump, buy back in and just fuckin' hold until the real pump starts. Simplify your strategy.
This was the real pump and it overshot (in China). Still buying the retrace (which could go deep) should be a good reentry. A 25% move is not a pump. 5x+ is a pump. |
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Ted E. Bare
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May 29, 2016, 12:20:00 AM |
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Calm down ffs. Wait for it to dump, buy back in and just fuckin' hold until the real pump starts. Simplify your strategy.
This was the real pump and it overshot (in China). Still buying the retrace (which could go deep) should be a good reentry. A 25% move is not a pump. 5x+ is a pump. Okay, so this is not a pump? Then how will you identify a pump? You don't want to buy here. You will start buying from 4x the price onward? This doesn't make any sense... |
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MatTheCat (OP)
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May 29, 2016, 12:23:22 AM |
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My guess is that in 30 minutes, Big Chinese BTC holders are going to get to their terminals, see that a bunch of long term objectives have been hit, and then they are gonna dump. Naturally, I would even dream of shorting this mother fucking locomotive train........but perhaps time to be thinking about retraces?  |
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chesthing
Legendary
Offline
Activity: 1414
Merit: 1000
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May 29, 2016, 12:25:37 AM |
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Calm down ffs. Wait for it to dump, buy back in and just fuckin' hold until the real pump starts. Simplify your strategy.
This was the real pump and it overshot (in China). Still buying the retrace (which could go deep) should be a good reentry. A 25% move is not a pump. 5x+ is a pump. Okay, so this is not a pump? Then how will you identify a pump? You don't want to buy here. You will start buying from 4x the price onward? This doesn't make any sense... This might be the start of a pump, but I doubt it very seriously. This would be a small hill in front of a mountain if it were. |
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