Urmm.. guys

Now let's see if we can pass 4200 successfully

It will dump back to 3800 or less.

Here we go guys, this is the test. If we hold these levels we are bull now, if not we go back down and are bear for a bit longer.

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This is not the first time bitcoin has lost 85%. In fact it's the third time. We are all looking for buy signals, and big green dildos are certainly worth a look..

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>doesn't understand TA

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Alts got JUSTed by this move up. Interesting...

no, the bottom is in you will never see Bitcoin with a 3 in front of the price ever again

Are you retarded? Literally everything is pointing to a dump - I guarantee you this is about to eat shit in the biggest way possible.

One of the only rational answers here.

PRE-ORDERED MY LAMBO LETS GO BOIS

A spurt of organic adoption

Alta got justed buy ETH. But let's not split hairs, we bull now.

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AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

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Aaaand we're 4000 again. Suck to be you who bought at 4200 guys.

fuck biz for making me scared of buying the bottom

Keep dreaming my little bull. This is not the end of the bears :^)

This is a suckers rally

This is a suckers rally..........

Shorts on suicide watch. They're sitting naked in their rooms.

You couldn't have possibly known if it was the bottom. Poof - and it drops to 2300 or even 1200.

Oh boy...

>BTC will go to 29999 next bull run, and then immediately be pumped to 40000
Bless you based bull

Sold at 4011, did I do good, dad?

Nothing lasts forever

that feel won’t last very long. Miss your chance to take profit before we hit 1500

Shorts fully liquidated in a few seconds, missing the stop loss due to such a quick rise. Oh shorties, it's all gone. Along with the pressure to prevent price rise.

>suckers rally
Only if you are retarded

>my indicators anticipated this
>put an order to buy BTC if price moved beyond 3860
>BTC moved to 4000 immediately
>Now put an order to sell BTC if price moves to 3960

You can profit of any price action, even "fake" action. All you have to do is pick up a fucking book on how to trade.

Bitcoin 50K by the end of 2020

Whoever gets paid to wipe your asshole deserves a raise.

>he thinks he can predict crypto markets
Congrats, you're more retarded than the majority of this board

Yeah, it’s a raid on stop orders. Now the market makers can do the same to the bulls, seeing as bears with tight stops just got rekt.

1500 here we come.

Suppose that something is completely random. For the sake of argument assume 50/50 chances of a move in any direction. Now if you are wrong, use stop loss to cap your losses to a fixed %. But if you are right, let your winner run all the way to the top so that it has infinite potential % profit.

That way even if you are a monkey randomly entering trades, you will make money. Heck, even if you are only right 1/999999999999 times, all you have to do is adjust your stop orders accordingly and you can make profit.

Yes, CNN just had a piece on that the wall will be funded by btc

As a long time trader, todays action is why NO serious trader takes crypto seriously. Why did it go up at 1214pm on a Sunday afternoon when Asia is asleep and Europe is at dinner?
Plenty of people here are going to say shit to me, but until there is some uniform regulation, you're at the mercy of scammers, washers and algos that offer NO chance of long term success.

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This is true
>The wall will be built by traders who bought BTC at 19k late last year and will be paid entirely in debt forgiveness

Buy HOT fren.
It will be next bull run big winner

that's weird it's my 4th time

Agreed.

It's also why more regulation when things like Baakt become reality which means long term price will go down.

Right now it's the wild west

>he thinks traders sleep
>He didn't get the memo that since the 1970s trading is done primarily by computers 24/7

Are you absolutely retarded? Do you seriously fucking think that time matters in a 24/7 market? How taught you who to trade? Jow Forums?

if you're in shit alts maybe

>he thinks price action in crypto is unique
you’re obviously not a hodler nor do you fall into the 90% of traders who suck ass at TA

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Titanium resistance @4k

This.

None of these biztards understand nor appreciate risk management to reward ratio.

stops are for pussies

except for the times where your stoploss doesnt trigger and you get liquidated with a violent move. happened.

Europe's effect on the market is negligible any time of the day. Americhads made this happen.

datamish.com
judging by longs vs shorts reverse psychology index, this was not the expected outcome

I don't care if it's manipulated. As long as it is upwards manipulation.
By the way, the whales dumped on us at 8k and scooped up all the weak hands in the last two weeks. Now they are commencing the pump for Bakkt.

>the 24/7/365 crypto market doesn’t conform to my precious schedual!
>don’t they realize I’m having tea and crumpets on Sunday?
>regulate nao!!!
>RRREEEEEEEEEEEEEEEEEEEE
wew

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Keep inflating the price.

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If price is a completely random walk, you will hit a string of stop losses eventually and will end up with random results. The infinite profit is never realized. The price is headed toward its true value on the long term scale knocking people out of their trades along the way.

Don't bet the farm.

Nice bull trap they put out there. 4.3k monday or 3.2? Which is it. Rrrrrrreeeeeeee

That's also a risk you have to account for. If you are using shit like BitMEX, don't use too much leverage so that it is virtually impossible to liquidate you. Stop orders always trigger on time but have significant slippage on violent moves. Slippage is also common and should be factored in your risk management.

That plus hedging your crypto risks with a substantial amount of your portfolio outside of crypto and you are golden. Crypto is high-risk high-reward so you should only do it if you are already profitable and can afford to lose some of your gains for the quarter on the possibility of catching a big swing and being up by hundreds of % by the end. If not then go fucking trade a stock index.

>I skipped the chapter on expected value of my probability for retards course in college

yeah, 100k dollars 1 BTC november 2019

I cannot afford to lose gains. I don't have time for slow moving stocks that I do not understand. That is why I am all-in on Chainlink. Crypto wins everytime.
I bought ETH in 2016. Haven't sold since. My ROI is over 30%, Just buy crypto and hold. Ez

Bitcone is going to zero!

Manipulation (which is really just trillions in liquidity moving in an relatively efficient manner) is what makes the markets reliably predicatable. The market maker algos distribute price in very specific ratios depending on emmediate, short and longer term objectives. Potential future price action is already priced into the market thus making price action, in any timeframe, fractal.

Excuse me gentlemen. I never sold crypto for fiat I mean. I did do a lot of crypto-to-crypto trades.
Went from 17k eur value to 250k eur value to 70k eur value at the moment.

just as i was swinging my link, kek. feels good

Reminder we capitulate in February when 16k btc from mtgox get released to users

See you at 30k buying my bags. Again.

Well I could use some more of whatever kind of fractals bitcoin had going on in the latter half of 2017. See any of those coming around the bend anytime soon?

>I cannot afford to lose gains.
What is the point of being profitable if you do not use that safety to make even riskier moves?
> I don't have time for slow moving stocks that I do not understand
Richard Dennis once said that he doesn't even need to know the name of the asset he is trading. It's all the same.

>I bought ETH in 2016. Haven't sold since.
Now imagine if you were an actual trader and instead of holding you had also shorted ETH at various points. You'd have double the money you have right now.

When you stop stressing about the volatility and don't invest in scamcoins then crypto is a better long-term investment than stocks.The hard part is not stressing.

>Wants crazy gains
>mad about typical crypto movements

Current state of normies fags on this board

ofcourse, If I would be able to time the market, I would be a billionaire right now. The truth is that I can't. I am not a trader, I just can't do it. And it fucks up my life. Rather just hold and go on with life (shitposting on biz)

second leg coming ;)
it didn't even correct the initial move, which means the market wants higher prices.

Fair enough, that's a valid life decision.

Solid gold resistance

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Yea, it just works you know. With trading I could lose everything. With holding I have at least a ROI of 30% which is better than being good at stock trading. And I also get the potential possibility to get //crazygains//. Hopefully, I won't even have to sell in the future and can I just get a dividend of chainlink. Which I'll buy btc with. Then I use btc to buy online goods. winning 2021 edition

take profits inside this box. good luck

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4500 at the end of the day.

you are a big candle

For you.

Yep, stress-free. I bought BTC and LTC in 2013 and never even looked at it for four years, had the best time of my life withut worrying about that shit.

Then once I started "trading" again I lost it all. All of it.

Trading is not simple or easy, the best think to have done in the past was simply pile all your fucking money into BTC every month for years on end.

Let's pray this bear lasts long enough for us to do that again, but I doubt it.

Well, that is assuming crypto can only go up. I think this is reasonable but not as tested as other "just hold" assets like certain stock index ETFs.

I mean, you bought at the right now but imagine if you had bought in 2017 right now, you'd be fucked. Well, most likely you'd be dead as I'm sure right now all of those people killed themselves.

For all you know crypto could go lower, and that 30% will turn in -30%.

Watching all these retards cry manipulation or just not understand why shit moves makes me realize why I'm able to be profitable on mex. I'm trading against the mentally challenged

Experts say BTC needs to reach 4000 before going down to 5000

Here’s a hint that applies whether a market goes up or down
>when price breaks out of consolidation, it will often move a specific amount of standard deviations based on the high and low of that consolidation.
>principal applies in all timeframes

I’m not going to tell you how many deviations it takes. But it is useful to study consolidation events because it’s one of the myriad ways the market makers reveal their hand.

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although I agree, it might not happen
inverse H&S trigger not quite confirmed imo
also some tough resistance at 4500 that wont be easy
why are you saying sell in that range?

Bitcoin (a cryptocurrency which can't process more than 7 tx/s) is mingling in the top 100 with a whole bunch of shitcoins which have no use cases. Most have manipulated volume. Few have professional dev team

Bitcoin has a long, LONG way to the bottom. I'm thinking $1000 or less

that user likely believes price will retrace significantly.
>wut is pamp and damp

combination of fib extensions and horizontal resistance at ~$5.3k created in Nov 18. this would be invalidated if we fail to break $4.2k. I wasn't taking into account the inverse H&S pattern but if I was it still aligns with that price target.

thumbs

Why is this such a common comment? You seen how violatile the stock market has been based off only news headlines? You are annoying saying this shit over and over when a spike

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That's true. I got lucky to get in at the right time. That is because I became interested in cryptocurrency early on (before mt.gox) and am a big advocate of decentralisation and blockchain. I'm in it for the technology, so I feel more comfortable holding crypto than stocks. Regardeless of market movements, crypto is being more and more developed everyday and will be essential to the fourth industrial revolution. Development is growing. Interest in growing. Use cases are growing. Every indicator about fundamentals is bullish. Just look at DAI. LINK. Eth 2.0. To be fair, I'm pretty glad that the hype phase is over. And that real value has will come now. We just have to be patient.(not easy, right? ;-))

Simply none coin salt production.

>thinks he has a way to never lose money
>net worth below $100,000

You’re either delusional or delusional