Crypto-trading thread

1,133,486 Views | 11089 Replies | Last: 3 hrs ago by jamey
Brian Earl Spilner
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AG
Again, I can say it's guaranteed to double from here. We're all just guessing.
Heineken-Ashi
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Brian Earl Spilner said:

Again, I can say it's guaranteed to double from here. We're all just guessing.

Probably shouldn't trade something than can 2-10x and just as easily lose 90% of its value. That's gambling.
Heineken-Ashi
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Every coin I look at has the same massive spike down. This is pretty clear evidence that this was algo driven. Was it an exit.. or a stop hunt? Need more evidence before we know. But you don't see an after-hours massive spike like that on every single chart without it being linked to macro liquidity conditions.
@NFLPlayerProps
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Never imagined something like this could happen to my leveraged longs on a great project like Fartcoin
Leander
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AG
Bad day for some friends of mine
Heineken-Ashi
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For FET, this move mimicked COVID.

Yukon Cornelius
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AG
Pretty typical for crypto for everything to follow volatile BTC moves. Especially downwards.

I assume it's a bunch of liquidations.
Heineken-Ashi
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Yukon Cornelius said:

Pretty typical for crypto for everything to follow volatile BTC moves. Especially downwards.

I assume it's a bunch of liquidations.

Man.. -72% in a matter of minutes is insane. Never seen anything like it. And its recovering lol.

That move made me wipe out YEARS of elliott wave patterns on the chart that invalidated. Ive made so much money on that coin. But the longest term pattern is now broken. Back to the drawing board.
@NFLPlayerProps
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All ****coins will go to 0 vs BTC
Heineken-Ashi
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@NFLPlayerProps said:

All ****coins will go to 0 vs BTC

BTC? The instrument that trades down WITH the nasdaq while actual gold trades in the green?
@NFLPlayerProps
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Yes. Which crypto is outperforming BTC on any timeframe?
jamey
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AG
I see reason and logic behind btc and eth but playing ****coins seems no different than playing roulette with leverage
Yukon Cornelius
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AG
Haha yea. Pretty wild. After the Covid one nothing has phased me.
Heineken-Ashi
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@NFLPlayerProps said:

Yes. Which crypto is outperforming BTC on any timeframe?

Did I claim any was?
Yukon Cornelius
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AG
Pretty much. I can't imagine much if any alt coins have any future. Future protocols will be public traded companies.
jamey
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AG
I bought a little more FORD and ETHA on the dip. Glad I sold some btc and eth yesterday. Id rather be lucky than good
@NFLPlayerProps
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I'm not sure where the confusion is, re-read our last few posts. My point was ****coins will always underperform BTC. You responded talking about NASDAQ and gold.
Brian Earl Spilner
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AG
Heineken-Ashi said:

Brian Earl Spilner said:

Again, I can say it's guaranteed to double from here. We're all just guessing.

Probably shouldn't trade something than can 2-10x and just as easily lose 90% of its value. That's gambling.


From the guy who's also trading MOG? Mkay.
Heineken-Ashi
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@NFLPlayerProps said:

I'm not sure where the confusion is, re-read our last few posts. My point was ****coins will always underperform BTC. You responded talking about NASDAQ and gold.

I responded reminding you that BTC is nothing more than a proxy for funds that would have been in the Nasdaq had it not existed. That's why it sells when Nasdaq sells. It's risk-on only. I don't GAS about alt coins. Had zero exposure today. Simply commenting on how rare it is, even in crypto, to see moves like today. I've mad ea lot of money trading BTC and plenty trading altcoins. But I don't leave trades on for long and am quick to exit when supports break. Saves my ass from days like today.

Heineken-Ashi
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Brian Earl Spilner said:

Heineken-Ashi said:

Brian Earl Spilner said:

Again, I can say it's guaranteed to double from here. We're all just guessing.

Probably shouldn't trade something than can 2-10x and just as easily lose 90% of its value. That's gambling.


From the guy who's also trading MOG? Mkay.

Got out a long time ago when it broke support. Tiny pennies of loss.

Nice try though.
@NFLPlayerProps
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Heineken-Ashi said:

@NFLPlayerProps said:

I'm not sure where the confusion is, re-read our last few posts. My point was ****coins will always underperform BTC. You responded talking about NASDAQ and gold.

I responded reminding you that BTC is nothing more than a proxy for funds that would have been in the Nasdaq had it not existed. That's why it sells when Nasdaq sells. It's risk-on only. I don't GAS about alt coins. Had zero exposure today. Simply commenting on how rare it is, even in crypto, to see moves like today. I've mad ea lot of money trading BTC and plenty trading altcoins. But I don't leave trades on for long and am quick to exit when supports break. Saves my ass from days like today.




Cool, none of that has anything to do with what I posted. Calm down
Yukon Cornelius
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AG
Dang. I assume those people were leveraged?
Heineken-Ashi
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You made a snark post about BTC being better than alts when I was discussing FET. Not understanding that I don't give a **** and only goal is trade good setups no matter what they are in.
Brian Earl Spilner
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AG
Can't really talk with any authority when you traded it too, bud.
@NFLPlayerProps
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I honestly don't know who you are or what you're trading, and I couldn't possibly care less. You're clearly tilted and emotional. And that's ok.

Heineken-Ashi
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Brian Earl Spilner said:

Can't really talk with any authority when you traded it too, bud.

So because I make money from short-term moves, I can't have an opinion on how its not the God people think it is?
jamey
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AG
I think btc fell approximately 50% to the nasdaq

Would be interesting to see a sampling of how much it correlates to the nasdaq by year over the past decade

Is the correlation holding or fading
techno-ag
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AG
Yeah I don't think HA is upset at all. Over the years he has remained calm in all his trades. He just looks at charts and fib patterns and trades accordingly. All this hullabaloo seems unwarranted. Let's all enjoy the long weekend.
The left cannot kill the Spirit of Charlie Kirk.
Brian Earl Spilner
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AG
I was simply pointing out the hypocrisy in saying I'm gambling when you have traded the exact same coin.

Nowhere have I stated I believe MOG is a good or safe long term hold nor that gains are guaranteed. I was responding to someone who said it was guaranteed to lose 95% of its value like he knows it for a fact.
@NFLPlayerProps
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techno-ag said:

Yeah I don't think HA is upset at all. Over the years he has remained calm in all his trades. He just looks at charts and fib patterns and trades accordingly. All this hullabaloo seems unwarranted. Let's all enjoy the long weekend.

I invite you to re-read this page of this thread as well. There was no hullabaloo, I never addressed him at all. Lots of folks are upset understandably, I'm not one of them. Good on you for sticking up for your buddy though
Heineken-Ashi
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Brian Earl Spilner said:

I was simply pointing out the hypocrisy in saying I'm gambling when you have traded the exact same coin.

Nowhere have I stated I believe MOG is a good or safe long term hold nor that gains are guaranteed. I was responding to someone who said it was guaranteed to lose 95% of its value like he knows it for a fact.

That was snark. Yall were going back and forth on "it can 2x from here", "ya, but it can also lose 99%"

And it would be funny, except it just happened for many coins. And it wouldn't surprise me if some of them moonshot from here.

If I can't find a pattern I like, I stay out. Was not meaning to insult you, promise.
Heineken-Ashi
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@NFLPlayerProps said:

techno-ag said:

Yeah I don't think HA is upset at all. Over the years he has remained calm in all his trades. He just looks at charts and fib patterns and trades accordingly. All this hullabaloo seems unwarranted. Let's all enjoy the long weekend.

I invite you to re-read this page of this thread as well. There was no hullabaloo, I never addressed him at all. Lots of folks are upset understandably, I'm not one of them. Good on you for sticking up for your buddy though

This felt like a snark response. If not, my bad.

Yukon Cornelius
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AG
BTC is same price it was 12 days ago. No one should be too worried.
Heineken-Ashi
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Yukon Cornelius said:

BTC is same price it was 12 days ago. No one should be too worried.

Not just that.. it's actually formed a setup if it can hold one of the red levels (and said level would become a very low risk stop on a new trade with target $140k)

@NFLPlayerProps
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Been preaching the same message for a while and it has nothing to do with you.

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