Now that things calmed a bit, I just have an advice to the new guys that try day trading and they feel that they do not succeed ...
We have the honour to have in this community some members that can see the market trends. Please, when you day trade, try to isolate yourselves from the "noise" and read carefully what some of these guys say.
I quote a post from another member and a conversation I had earlier today on this thread.
Little heads up.
BTC is stabilizing again I and a few others will probably transfer fiat back in soon then re buy black. Just hope I time this right
The "BlackCoin Multipool is up and working" rally has just commenced, IMHO.
JL
Also trading volume has dipped quite a bit. This means it takes much less buy support to maintain the current price. Historically this has always led to pumps as eventually the number of sellers runs out.
Guys, I agree. Every short term model right now says "up". Hmmm, let's see ...
We're up 10% from when I just posted that an hour ago, and price and volume are quietly looking good so far. We sliced through 30k with the help close to the largest volume in the past 24 hours, creating a high-volume re-test at 30899.
34k-35k are next resistance points followed by 40k after that.
JL
Yes, I know. But I came home the moment I posted, and I found my PC blinking "Green" from my trading sw.
Let's see if it has legs, so far seems that it is the best that happened the last 2 days or so ...
Check the timings and you will see that they really know what they are talking about.
Also, buy-black analysis can be very useful in order to have an understanding on the trends.
Disclaimer 1: I have the 95% of my BC on cold storage and I do not touch them. So, I play a bit with my 5% only, because I really believe that we saw nothing yet from BC.
Disclaimer 2: I do not post this in order to praise myself, I do not want it, I am here for the fun. I post this in order to say "good job guys" to
bitcoin carpenter,
Jesse Livermore,
mr_random and
buy-black and to give you a hint on who can really help you in order to have clarity on your trades, during "trolling" times. As BC gets more successful, trolling will happen more often, it is embedded in human nature. Some call it also "jealousy".