Whale here. Tether up before Binance maintenance. Pic related

I love extrapolating based on a dataset of size 1

not bad, bitmex -1x short is also a safe hedge for uncertain times

People want you to sell and dump the price of BTC. They are using binance maintenance as an excuse.

I hope ya'll ready

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>constant warnings on biz it's going down
We're going to 6k

Nope, biz has been right before. Your denial is permabull RETARDED.

No, the fudders are permabear retarded. Shorting something that is already down 90% is just asking for it.

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> no V bottom like previous bottoms
> bearish divergence on daily
> buying volume decreasing
> on a long term resistance line
> on-chain tx down 40% in last few days
> binance maintenance allows for maximum manipulation

Why the fuck would you not be in tether?

Because if I were in tether I couldn’t be shorting...like I am now...

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BASED.

>Imagine believing you're one step ahead of the Bogs

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There are no bogs brainlet. There are whales, bigger whales and even bigger whales, all egotistical bastards fighting to win the zero sum game that is trading. Losers like you love imagining some evil force behind the scenes controlling it all, but the fact is you're just too stupid to comprehend market structure and psychology. I suggest you leave this game, you're going to lose all your money.

If something big was going to happen wouldn’t confirmed transactions be up not dramatically down as insiders moved their coins to exchanges to tether up? Also tether volume hadn’t spiked yet?

The market isn't as obvious as you think it should be.

Insiders don't use exchanges to manipulate the market price

>some evil force behind the scenes controlling it all
what is the composite man

They're doing it the opposite way this time.

Pumping it to $10k so Binancians will have to fomo in at the top.

>thinks insiders tether up
lmfao

high IQ posts

Always take the other side of biz.

The price can always go down another 90%

Because brainlets on biz think that this is a psyop, or some reverse psychology voodoo. Our we still haven't reached denial
>All my investments are in good shit coins

Go ahead plug some of these fud numbers into an options calculator and see how likely that is to happen

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Think again. Why would some random faggot help you out here?

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Believing that everything is organic and real like the good goyim faggot he is.

im 60/40 tether and bitcoin because I think biz is full of shit, but has been right before..., and I have some fiat in case there is a major crash.
Regardless of what happens, holding alts through it would take a very special kind of brainlet.

Tether is an alt :^)

it is exactly the opposite tho. Look at the volume. People are buying in cause it is cheap enough to moon again, which will unironically happen because of it.

dubs check'd

AND IS THIS WHERE THE #4 BTC WALLET WAS TRANSFERRED TO??? OMG IF TRUE

> Down 90%
> Still up 10000%

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Would be hilarious if biz was both right (btc price crash after maintenance) and horribly wrong (tether itself collapses a day later)

Tether's too big too fall, with binance and now justin sun backing them. If tether falls all of crypto dies, the btc crash is happening though

So short it if you want to. I closed my shorts last year, I don't short rounding bottoms.

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>fake money used to manipulate price of actual btc asset
>too big to fall
user.... I....

>fake money
implying fiat isn't fake. money is the faith of the people and if there's no faith it's no longer valuable. If tether dies all of crypto dies pajeetboy

this

LMAO i would kms

i aint fucking selling my shit, come get me

...

Clever

thats why you hodl usdc instead of tether, in case something happens you sue the hell up of coinbase and you are ok

If I set limit orders before maintenance, will they trigger during it?

I am a bit confused:

You put that stop limit buy order on another exchange no? Obviously not on binance since it will be down?

Can you screenshot that stop buy? I'm sorta confused about how to set it up

he puts a buy order in before Binance goes down, so when it comes back online he already has an order in. Binance doesn't cancel pending orders or stop losses

I see, so the order will instantly get executed once binance comes back online, potentially buying BTC for ~3900$ + 0,7% while it may be already at 4500$ on other exchanges.

Care to share how to setup a Stop-Limit Buy order on Binance? Never done it before :(

Is this how I'd set it up? If I sell now and hold tether, and it dumps, i can just comfy buy back when maintenance is over. Now, if during maintenance it pumps, I wanna set a stop at 3.95k and a limit buy at 4k, is pic related the way to go?

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yeah, thats what I figured as well.
I think I might do this to some alts as well, they will dump even harder.

Actually the market is a machine. Market cycles continuously repeat themselves over longer time frames. The market is a complex yet predictable machine. Everything is telling me btc will fall again so it will.

>binance closes
>bitcoin pumps to 4,1k during the night
>15 min, bitcoins dumps to 2.8k and sudden panic happens

that's why you plan can fail

Check pic related

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Btc usd shorts are at a low. People are longing at high numbers. Not shorting.

Yes, in this scenario, once 3995 hits, you'll put in an order for 4000, which will actually fill as a market order. You'll get in for the rid if BTC pumps on Binance reopening. Honestly, I'd set your limit even higher, 4050. It will still fill at lower but just in case it moves faster than you'd think.

Hmmm true. I'll just continue holding my ALL IN 71k REQ stack.... No but seriously, what would you suggest?

Btc usd shorts chart for effect

no they aren't people are not longing, at least on Bitfinex. Shorts are also very low though, indicating that people are either getting off of BFX, or they have completely left the market.

Use a hardware wallet with descentralized exchanges

His plan will only fail if it pump and then dumps. But he should be up watching the action anyways.

Front loading orders like this only serves to ensure you get in on any price movement.

Cringed hard, I suggest you to leave biz, Jow Forums, the whole world wide web. Or you can just take the shortest path and kys.

Hmm true but that's still bearish. Low volume means noone is using crypto. Price needs high volume to sustain an uptrend.

So to be clear, you're recommending to just weather through it regardless?

price wont have pumped to 4,1k on binance tho and will not trigger your buy-order

Or am I mixing something up?

You realize any of these faggots could give you "advice", which benefits them, right?

He's saying my set up will fail me if it does pump during maintenance leaving me holding bags if it drops lower in that time frame

I don't know, im fudded as fuck too, it's just i don't trust binance to fill the orders correctly if it's on maintenance, you may have much better luck just moving to bitmex and leveraging both sides or something

True. True. I just hate this uncertainty. I think it'll dump but I'm also slightly suspect at the number of ALL CAPS user posting

yep that's right
where? bitmex? I don't have data for that, and i doubt they lead the market.

XBT at CME is low volume
Bitfinex leveraged shorts are slightly higher than longs, but they're both at relative lows compared to the last year.
BNC index is 2nd lowest it's been for the past year, next to November

However, i remember november crash didn't happen at once, there was a 5-8% crash first and like an hour after the big 20% crash, so you may have some time to react if you are watching the charts and if it breaks the cloud

In the november crash i lost like 7% reacting

I understood what he is saying - I am trying to do the same thing on binance with the stop-Limit order.

Thats why I am trying to find out if this plan can actually fail.

Lets say the market pumps to 4.200 and immediatly drops to 2.800 shortly after, all while binance is on maintenance.

Since the btc market on binance never went to 4.200, the stop limit buy order should not be triggered.

I don't like to do trades often. Maybe one every few montgs these days, mostly cuz im locked in REQ and it's stopped having it's 15m candle pump n dumps like last year

Or just do the reverse... Stay on tether on another exchange and if you see the cloud pumping you enter and you just micro it, you may loss like 3-5% of the gains but it still better than losing 50% in one go

If there are a lot of buys, isn't there a risk the order will not get filled though?

Whatever it happens, it will be a rough night, may God bless our souls so we don't despair whatever happens

>Muh zero sum game
Reddit be gone.

you can figure this out, dave.

ur gonna get bogged m8

because tether is an absolute shitcoin

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Maintenance is a go. Commence the dumpening.

you guys are all idiots and will lose everything because of your emotions. bitcoin has been stuck at 3800-3900 since the early part of january and there is nothing but great news on the horizon for crypto. fidelity wants in the game with 350 fucking billion. please fucking tell me how bitcoin and crypto is going to crash and burn.

im holding my bitcoin because im not a mong like the rest of biz

your post proves we haven't reached capitulation yet.
enjoy the (you)

we haven't, for alts. given most of the losers here are holding alts and not btc/eth, capitulation has/will be the result of them having to sell all those dead alts, and some of that money always ends up going into btc, giving it an artificial floor. every bubble has worked this way.

narrow minded mongs. thinking about the today instead of 5-10 years later. you guys are going to be really justed after the next reward halving and after institutional money starts pouring money into btc and hoarding it for the inevitable collapse of ALL paper money.

here.we.go.jpg

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> dead alts
my buy walls are waiting
continue hodling your bitcoin even though they abandoned adoption.

Watch all the BTC going into LINK.

my fund is safu, how do i tether?

Well whale what happened faggot ?
Oh that's right you were just a larping basement dwelling faggot that no one loves .

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>His plan will only fail if it pump and then dumps.
That scenario is a loss if you DON'T use his plan as well though - so it's a non-issue.

>You can wear a bullet proof vest so you live if you get shot in the chest
>Jow Forums BUT YOU DIE IF YOU GET SHOT IN HEAD MORON
>non-retard: You die if you get shot in the head either way, but this way you will survive if you get shot in the chest

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I took my own advice and i was right, biz is right 0.5% of the time just went all in on 0xbitcoin