Crypto-trading thread

1,096,747 Views | 10833 Replies | Last: 16 hrs ago by jamey
MaroonStain
How long do you want to ignore this user?
I plan on going DFDV before looking BMNR
MaroonStain
How long do you want to ignore this user?
Bruh, I'm looking for cheap TA crypto input for a novice (me).
jamey
How long do you want to ignore this user?
MaroonStain said:

Bruh, I'm looking for cheap TA crypto input for a novice (me).


Im up 70% on IBIT and 45% on ETHA. Both are relatively cheap at $68 and $26 a share

If thats what you mean
Yukon Cornelius
How long do you want to ignore this user?
Look at market cap. Not price of token
techno-ag
How long do you want to ignore this user?
jamey said:

techno-ag said:

jamey said:



Trying to be the MSTR of ETH.


Does it make more sense to be the treasury strategy of bitcoin(digital gold) or ETH(backbone of stable coin)

Dunno. But if they can convince people they are the MSTR of ETH, and people believe it, their share price could skyrocket.

If not, could crater. Will be an interesting one to watch. I might have to buy in at some point.

ETA: thanks for bringing it to the board.
Pro College Station Convention Center
jamey
How long do you want to ignore this user?
techno-ag said:

jamey said:

techno-ag said:

jamey said:



Trying to be the MSTR of ETH.


Does it make more sense to be the treasury strategy of bitcoin(digital gold) or ETH(backbone of stable coin)

Dunno. But if they can convince people they are the MSTR of ETH, and people believe it, their share price could skyrocket.




Thats why I picked it basically, Tom Lee's is all over the market and crypto market talk shows. He's the guy with the hot hand currently so he's got the ear of retail if not others.


But Im just going in small potato, $500 bucks for now. Maybe up it to 1k over time
AgsWin2011
How long do you want to ignore this user?
will25u said:

XRP ATH!

Been in since forever ago. Around $0.50


Hell yeah! I first bought in at $0.69
techno-ag
How long do you want to ignore this user?
jamey said:

techno-ag said:

jamey said:

techno-ag said:

jamey said:



Trying to be the MSTR of ETH.


Does it make more sense to be the treasury strategy of bitcoin(digital gold) or ETH(backbone of stable coin)

Dunno. But if they can convince people they are the MSTR of ETH, and people believe it, their share price could skyrocket.




Thats why I picked it basically, Tom Lee's is all over the market and crypto market talk shows. He's the guy with the hot hand currently so he's got the ear of retail if not others.


But Im just going in small potato, $500 bucks for now. Maybe up it to 1k over time

I like it. But I noticed it's 100% margin maintenance. My broker thinks it's risky. Not that that dissuades me…
Pro College Station Convention Center
jamey
How long do you want to ignore this user?
techno-ag said:

jamey said:

techno-ag said:

jamey said:

techno-ag said:

jamey said:



Trying to be the MSTR of ETH.


Does it make more sense to be the treasury strategy of bitcoin(digital gold) or ETH(backbone of stable coin)

Dunno. But if they can convince people they are the MSTR of ETH, and people believe it, their share price could skyrocket.




Thats why I picked it basically, Tom Lee's is all over the market and crypto market talk shows. He's the guy with the hot hand currently so he's got the ear of retail if not others.


But Im just going in small potato, $500 bucks for now. Maybe up it to 1k over time

I like it. But I noticed it's 100% margin maintenance. My broker thinks it's risky. Not that that dissuades me…


I'm fine with that too, but mostly because I dont know what it means
@NFLPlayerProps
How long do you want to ignore this user?
Done7 said:

Going to be years before big company 401k's allow bitcoin in a 401k account.


The Fortune 500 usually uses one of Vanguard, Fidelity, or Charles Schwab. The latter two already allow BTC ETFs in IRAs and HSAs, and Fidelity already allows it in 401ks if the company allows BrokerageLink. I'll take the under on "years"
jamey
How long do you want to ignore this user?
@NFLPlayerProps said:

Done7 said:

Going to be years before big company 401k's allow bitcoin in a 401k account.


The Fortune 500 usually uses one of Vanguard, Fidelity, or Charles Schwab. The latter two already allow BTC ETFs in IRAs and HSAs, and Fidelity already allows it in 401ks if the company allows BrokerageLink. I'll take the under on "years"


You can buy bitcoin ETF in a self managed account within the 401K
techno-ag
How long do you want to ignore this user?
jamey said:

techno-ag said:

jamey said:

techno-ag said:

jamey said:

techno-ag said:

jamey said:



Trying to be the MSTR of ETH.


Does it make more sense to be the treasury strategy of bitcoin(digital gold) or ETH(backbone of stable coin)

Dunno. But if they can convince people they are the MSTR of ETH, and people believe it, their share price could skyrocket.




Thats why I picked it basically, Tom Lee's is all over the market and crypto market talk shows. He's the guy with the hot hand currently so he's got the ear of retail if not others.


But Im just going in small potato, $500 bucks for now. Maybe up it to 1k over time

I like it. But I noticed it's 100% margin maintenance. My broker thinks it's risky. Not that that dissuades me…


I'm fine with that too, but mostly because I dont know what it means

It just means you can't use it as equity for a loan from the broker. Standard margin maintenance is 25-30% of the current price of an equity. So if you had $100 of a stock you could borrow $70-75 against it if the broker had standard maintenance on that stock.

But if it has 100% maintenance the broker is saying none of the stock can count as equity on a loan.
Pro College Station Convention Center
texsn95
How long do you want to ignore this user?
AgsWin2011 said:

will25u said:

XRP ATH!

Been in since forever ago. Around $0.50


Hell yeah! I first bought in at $0.69


Avg is .059. years back my buddy kept telling me to buy some and I did, and he kept buying and buying and buying, oh well, you know what they say about hindsight...
Yukon Cornelius
How long do you want to ignore this user?
Can't live in the past. There's always opportunities.
Yukon Cornelius
How long do you want to ignore this user?
Mog bull flagging?
AgsWin2011
How long do you want to ignore this user?
Yukon Cornelius
How long do you want to ignore this user?
Curious if you think the MOG daily chart is forming a bull flag
Heineken-Ashi
How long do you want to ignore this user?
Stop moved up on FET to $0.7465 which is above entry. No losses. Target remains $1.50 to get net free.
AggieT
How long do you want to ignore this user?
Thank you. Would you mind explaining the raise in stop? What changed?
Bag
How long do you want to ignore this user?
Heineken-Ashi
How long do you want to ignore this user?
Yukon Cornelius said:

Curious if you think the MOG daily chart is forming a bull flag



Here's your levels to watch. Below the 61.8% gets risky.



Thanks for making me chart this one. Just to get the Wave 3 of (5) is 6x from here and 8x from my wave [ii] of 3 target.
Yukon Cornelius
How long do you want to ignore this user?
So you're saying it's potentially a good pattern?
Heineken-Ashi
How long do you want to ignore this user?
AggieT said:

Thank you. Would you mind explaining the raise in stop? What changed?

Here was the entry with stop



Now that it's broken out to a new high, I have no reason to take a loss. And the last low was slightly above my entry. So just setting the stop a hair below that low. If I get stopped, I see if it can hold above $0.66 range and try again.
Heineken-Ashi
How long do you want to ignore this user?
Yukon Cornelius said:

So you're saying it's potentially a good pattern?

It's an absolutely beautiful, ideal, fibonacci pinball pattern. Couldn't ask for better. I spend all day looking for this EXACT setup.
Yukon Cornelius
How long do you want to ignore this user?
Nice. Thought it looked nice. You try and wait for a better entry or what's the play at this point?
Heineken-Ashi
How long do you want to ignore this user?
Yukon Cornelius said:

So you're saying it's potentially a good pattern?

Recommend watching this to understand how my charts are laid out. Then go look at MOG and you will see why I'm excited. It doesn't get more textbook than this.

https://storage.googleapis.com/at-bucket1/public/elliottwavetrader/fibpinball/index.html
Heineken-Ashi
How long do you want to ignore this user?
Yukon Cornelius said:

Nice. Thought it looked nice. You try and wait for a better entry or what's the play at this point?

Ill watch tonight and through the morning. Will post if I jump in.
Yukon Cornelius
How long do you want to ignore this user?
Makes sense
AggieT
How long do you want to ignore this user?
Excellent. Much appreciated.
Heineken-Ashi
How long do you want to ignore this user?
If MOG goes one fib extension higher before correcting further, it could be a higher wave circle i and still need a wave circle ii.

fauxstradamus
How long do you want to ignore this user?
You know s$$t is getting real when HA dabbles in the crypto thread.
Heineken-Ashi
How long do you want to ignore this user?
fauxstradamus said:

You know s$$t is getting real when HA dabbles in the crypto thread.

For Elliott Wave, there are times when its a lot of fun. There's no company news, earnings, stock buybacks, etc. Crypto is pure mass sentiment and herding which is what Fibonacci pinball measures. The charts are usually cleaner with less noise. When I can spot a solid trend, I'm not scared to jump in. I always have a stop though, especially on alts. They usually don't quite hit expected target. They can also tend to get much deeper bearish than you would expect. So you have to wait for when sentiment is moving. And right now, it's moving.
Heineken-Ashi
How long do you want to ignore this user?
Here's the long-term chart on FET. Lots of hurdles to get through. Just a blueprint. Hence why I plan to sell half at $1.50.

Yukon Cornelius
How long do you want to ignore this user?
Thoughts on moodeng?
Yukon Cornelius
How long do you want to ignore this user?
If you have time, no worries if you don't. Curious what you think of the COOKIE chart
First Page Last Page
Page 290 of 310
 
×
subscribe Verify your student status
See Subscription Benefits
Trial only available to users who have never subscribed or participated in a previous trial.