3x2
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Activity: 1526
Merit: 1004
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September 22, 2018, 07:39:39 AM |
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So...higher number is less fear? Yes. And should be considered as a contrary indicator. Buy when fearful, sell when greedy. It will always be not true, when you can say that it is the most greedy time?? If you are really greedy then you wont sell until you comeback too the same format as we were in 2017.
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HairyMaclairy
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Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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September 22, 2018, 07:51:35 AM |
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So...higher number is less fear? Yes. And should be considered as a contrary indicator. Buy when fearful, sell when greedy. It will always be not true, when you can say that it is the most greedy time?? If you are really greedy then you wont sell until you comeback too the same format as we were in 2017. Its the relative change that matters as well. We are currently near the top of the band and relatively greedy compared to 3 days ago, so I am short and ready to scale in further.
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3x2
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Activity: 1526
Merit: 1004
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September 22, 2018, 08:03:11 AM |
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Ohh you are calculating fromchart and analysis, so it is a good idea.I thought that you are just following the sentiments. I also do believe chart analysis. Thought thanks for today's tip
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elrippos friend
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Activity: 1179
Merit: 210
only hodl what you understand and love!
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September 22, 2018, 08:47:22 AM |
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Wekkel
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Activity: 3108
Merit: 1531
yes
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September 22, 2018, 09:11:09 AM |
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We are currently near the top of the band [...]
Hairy, what do you see as the top for this run?
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Elwar
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Activity: 3598
Merit: 2386
Viva Ut Vivas
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September 22, 2018, 09:14:00 AM |
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We are currently near the top of the band [...]
Hairy, what do you see as the top for this run? I think we already saw it at $6800.
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El duderino_
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Merit: 13165
BTC + Crossfit, living life.
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September 22, 2018, 09:37:46 AM |
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just read this thing: You're gonna regret the boredom and peace of bear market. A bull run is mentally exhausting. The only thing which keeps you grinding is the euphoria of potential gains. i have the say i'm the exact opposite ...... a BULL RUN is mentally healthy for me , maybe yes when we are in a DIP , the potential gains do keep us grinding so we have a small small dip now let us continue the other direction
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HairyMaclairy
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Activity: 1414
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Degenerate bull hatter & Bitcoin monotheist
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September 22, 2018, 10:00:02 AM Last edit: September 22, 2018, 10:12:57 AM by HairyMaclairy |
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We are currently near the top of the band [...]
Hairy, what do you see as the top for this run? Above $7200 would be a break out event imho. We have seen $6840 so far. I have just gotten stopped out just under $6700 on the swing back up so am still in profit today but haven't made very much so far. I will re-enter if we get high enough, otherwise I will just leave it.
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El duderino_
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Activity: 2674
Merit: 13165
BTC + Crossfit, living life.
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September 22, 2018, 10:06:54 AM |
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We are currently near the top of the band [...]
Hairy, what do you see as the top for this run? let me see
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crypmike
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September 22, 2018, 10:16:42 AM |
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Trader on the bull market
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hv_
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Activity: 2534
Merit: 1055
Clean Code and Scale
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September 22, 2018, 10:24:29 AM |
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digital_mine
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September 22, 2018, 10:52:49 AM |
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the bull run is finished already? LOL
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Wekkel
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Activity: 3108
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yes
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September 22, 2018, 10:56:46 AM |
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I suspect there will be more before this run is over. But it would be hard to surpass the last $7,4xx top.
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d_eddie
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September 22, 2018, 10:59:25 AM |
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Rationale: we are going to stick our head above the trend line again to hunt short stops, and then drop back down again. That's the way I see it too, and that's what seems to be happening now. We could peak a little higher still, though.
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Majormax
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September 22, 2018, 11:07:24 AM |
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I am in a generous mood today. I have decided that shitcoins are a good thing because they get people interested in crypto and eventually those people figure out the importance of decentralised, immutable ledgers (the smart ones anyway). And that is enough.
I have always believed that is the case. The speculative frenzy of alts has drawn in huge numbers of people looking for quick profit, but it has also pushed them to learn a bit about the tech. As the BTC dominance increases, many will rotate back into BTC as a safe haven. In the end , there will be far more BTC hodlers than if alts had never existed.
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Elwar
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Activity: 3598
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Viva Ut Vivas
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September 22, 2018, 11:10:48 AM |
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"Despite the risks associated with digital assets, Mr Billingslea said they also presented “a great opportunity”. In terms of regulation" In other words, "We can use the blockchain to track everything!" Anti-Money Laundering. Because if the government can't track your every penny, you must be a criminal. "but if you're not doing anything wrong, you shouldn't mind relocating to the ghetto for your protection"
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Majormax
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September 22, 2018, 11:12:06 AM |
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I suspect there will be more before this run is over. But it would be hard to surpass the last $7,4xx top.
Top at 6.8 or 7.4 has less meaning... The key is what happens on the next dip. Where is the low, and how well is it rejected ? If the low comes in around 6k that suggests we are stuck in the same range. Above 6300 is good. A bounce from there to 7k+ even better. If below 5.8k, then a new bear leg is likely. Hunker down for another year of winter.
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Rosewater Foundation
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September 22, 2018, 11:46:28 AM |
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Yes Luke is an idjiot. Didn’t realize Knots was his. Hmmm
Wtf is Bitcoin TRB?
"The Real Bitcoin" It's developed my Mircea Popescu and his group. It's a fork of pre-segwit Bitcoin Core. It does not recognize segwit transactions. So an extremist fork that will gain absolutely zero traction. Great. Just barely got caught up. MP has gone full turd now. What a charming human. Everybody boycott Trilemma. (As if anybody reads Trilemma.)
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bitserve
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Self made HODLER ✓
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September 22, 2018, 11:52:34 AM |
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In a couple of weeks Bitcoin will complete a full year over $5000. Not a single dip below during that time. Just saying.
We are still poor though.
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