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Author Topic: I quit my job to do full-time crypto-trading. Made 12 BTC profit last month  (Read 10833 times)
Mark_R (OP)
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May 02, 2020, 09:37:46 AM
 #1061

Guys, looks that one more impulse is coming on $BTC


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big_daddy
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May 02, 2020, 10:07:39 AM
 #1062

Congrats mate
Hope you've earned also on that rally

Not really, it was a two days of wong ways
Than I took a two days of brake, now I’m waiting for a LONG position to open
What’s your enterning target?

If you don't believe it or don't get it, I don't have the time to try to convince you, sorry.
Mark_R (OP)
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May 06, 2020, 09:32:26 AM
 #1063

Congrats mate
Hope you've earned also on that rally

Not really, it was a two days of wong ways
Than I took a two days of brake, now I’m waiting for a LONG position to open
What’s your enterning target?

Here are my thouhts on the market  Cool

BITCOIN PRICE ANALYSIS

After breaking out a lower border of the bullish channel, the price reached the support level ($8600) and entered a new bullish channel. The movement was confirmed after the breakout of $8800 resistance.

Long from $8844


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May 06, 2020, 10:29:26 AM
 #1064

You got your first target (9200$), congrats!
It was a good point to open a LONG from 8844$
I missed this train, I will wait for a retrace now, cause it can fall again under 8870 easily, but I will not open any SHORT, just waiting and looking at candles

If you don't believe it or don't get it, I don't have the time to try to convince you, sorry.
Mark_R (OP)
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May 07, 2020, 07:28:54 AM
 #1065

You got your first target (9200$), congrats!
It was a good point to open a LONG from 8844$
I missed this train, I will wait for a retrace now, cause it can fall again under 8870 easily, but I will not open any SHORT, just waiting and looking at candles

Thank you mate!
Did you catch a new train?

Now there are lots of diapason trading opportunities. $9400 is too strong

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Mark_R (OP)
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May 07, 2020, 07:29:07 AM
 #1066

Done!

Now enjoying diapason trading below $9400


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May 07, 2020, 09:02:30 PM
 #1067

I've opened a SHORT position too soon  Roll Eyes
My awful shorts are driving me crazy last ten days, I will wait now for a retrace to buy some more BTC on a lower position... if there will be any..

"Everybody" is now waiting for a dump on the halving, and that's why the dump can easily not take place at all
All those resistances are mostly bots that are moving the lines quickly, so there is no clear line of resistance, or I cannot detect it with my eyes  Lips sealed

If you don't believe it or don't get it, I don't have the time to try to convince you, sorry.
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May 07, 2020, 10:30:31 PM
 #1068

It would be interesting to know how you're approaching the upcoming halving event and the soaring of crypto generally driven by this.  In your opinion (or perhaps that of of others) has there been lots of buyings in anticipation that this will be a good trading opportunity?

I suppose this would be as relevant for non-traders just to see where other people stand as much as it would be for traders.





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Mark_R (OP)
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May 08, 2020, 10:59:56 AM
 #1069

Bitcoin crosses $10000 the first time since February 2020!

The upward channel is broken and the price action is proven by retest. Long long long from the support ($9780) Money-mouth face


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Mark_R (OP)
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May 08, 2020, 11:04:03 AM
 #1070

It would be interesting to know how you're approaching the upcoming halving event and the soaring of crypto generally driven by this.  In your opinion (or perhaps that of of others) has there been lots of buyings in anticipation that this will be a good trading opportunity?

I suppose this would be as relevant for non-traders just to see where other people stand as much as it would be for traders.

Imo, it's gonna be a gradual increase. I mean, like in 2016
However, taken into account the invertment opportunity during pandemic and a start (from my point of view) of a new market cycle (accumulation phase) may pull the price upper. For now I feel rather bullish, the next target price is $10500. However, I'd have several positions for BTC (long, mid and short term) to earn on trend and by swinging on pullbacks

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May 08, 2020, 05:06:33 PM
 #1071

The halvening event is simple, buy rumour sell news.   I know some or many are bullish on it but I think thats the effect we have in anticipation, the change after the news is barely any difference in supply for a long time.   Markets always overplay their hand, I consider it like the bull whip effect in that the accumulation of momentum causes us to have the most power in the tail end.

Quote
I've opened a SHORT position too soon
I know that feeling, its very familiar Shocked   It'll be a process if this market is to turn around, so I'm wary of shorts and my first take is to see for us to overshoot 10k by some amount.  Not that 10k matters but its an easy hook to reference and an obvious point to fail in halting the inertia of this advance.   So positive movement has to wear itself out first and that leads us into the 12th or whenever reward halves and theres no rush.   Price looks very positive relative to just simple moving averages and hope we can notice the difference in any weakness.
   2016 tricked me, trade wise 2nd half of the year was weakness but holding it was fine to accumulate unleveraged and it took me 6 months to realise that.

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Mark_R (OP)
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May 14, 2020, 04:20:40 PM
 #1072

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Bullish sentiment gains momentum! After the support rebound, I can expect the following targets in case of the bull rally. Longing with me?

Follow me to keep up with the latest trades, get price analysis and other trading hints:
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Mark_R (OP)
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May 14, 2020, 04:21:10 PM
 #1073

The halvening event is simple, buy rumour sell news.   I know some or many are bullish on it but I think thats the effect we have in anticipation, the change after the news is barely any difference in supply for a long time.   Markets always overplay their hand, I consider it like the bull whip effect in that the accumulation of momentum causes us to have the most power in the tail end.

Quote
I've opened a SHORT position too soon
I know that feeling, its very familiar Shocked   It'll be a process if this market is to turn around, so I'm wary of shorts and my first take is to see for us to overshoot 10k by some amount.  Not that 10k matters but its an easy hook to reference and an obvious point to fail in halting the inertia of this advance.   So positive movement has to wear itself out first and that leads us into the 12th or whenever reward halves and theres no rush.   Price looks very positive relative to just simple moving averages and hope we can notice the difference in any weakness.
   2016 tricked me, trade wise 2nd half of the year was weakness but holding it was fine to accumulate unleveraged and it took me 6 months to realise that.

Yes. Agree!

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Mark_R (OP)
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May 18, 2020, 12:30:33 PM
 #1074

Halving event pulled a trigger of bull rally. At the same time, #BTC  price experienced a rollback to $9500 support. The level turned out to be strong, thus, the price didn't cross it and currently fluctuates above.


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tbterryboy
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May 18, 2020, 09:25:50 PM
 #1075

It is not really "all scam", it is possible to make money at home if you are a good trader. However if you lost job during this crisis and you are at home and never traded before, you are not going to magically become a good trader by clicking on some ads, that is the true part, there is a 100% fail chance of that.

However if you really want to be indispensable and never lose your job again, just be a freelancer and be hired by bunch of people and have like this whole community behind you that you can drag wherever you want.

You know where the twitch streamers make the most money? You would think the streams right? Or the twitch subscribers? Not at all, I have a friend who has about 600 viewers every stream and he doesn't make even remotely similar to the ads he takes. Dude literally takes on months money from just one ad, and he can do that like 2-3 times a week, so it comes down to 10 times what he makes from the actual job. So, basically have some talents and go into that and show the people your talents, much better compared to trading.
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May 20, 2020, 06:50:52 PM
Merited by big_daddy (1)
 #1076


📈Trading tip time!

Pay attention to losses, not wins. Do you feel what I'm saying?

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big_daddy
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May 21, 2020, 10:27:52 AM
 #1077

~
📈Trading tip time!

Pay attention to losses, not wins. Do you feel what I'm saying?

This is one of the base visuals everyone has to look at before jump into any king of trading
And it’s sometines very difficult to explain to people, but it’s simple math here  Cool

BTC is down ~4,5% the last 24h, but I’m still seeing a big potential for a bull run, without any dips (everyone waiting dips)

If you don't believe it or don't get it, I don't have the time to try to convince you, sorry.
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May 21, 2020, 10:52:19 AM
 #1078

This halving was easier on the supports this time around. It only broke one support and rebounded against a second one, so here we are back at $9350.

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big_daddy
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May 21, 2020, 10:58:15 AM
 #1079

This halving was easier on the supports this time around. It only broke one support and rebounded against a second one, so here we are back at $9350.

The supports are not the same as years ago
There are more bots than humans trading, so those levels of support are moving faster and are more difficult to predict as it was before

If you don't believe it or don't get it, I don't have the time to try to convince you, sorry.
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May 21, 2020, 02:47:24 PM
 #1080

I accept as true with you that it's very difficult to predict Bitcoin now The market is usually rising and down and there's no accurate information on which thanks to going so I feel we should always attempt to keep both without leaving the work If the crypto market isn't stable and therefore the price of Bitcoin has gone down tons, then you'll never be ready to match this equation. That's why I feel we will trade without leaving the work Earlier the market was much easier but now it's much harder than before.
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