I think "wtf" describes most of the weird chit that happens in this industry.
People out here launching chitcoins to do things like launder money for the Russian Mafia and that's just normal.
Completely unregulated, I would not speculate on cryptocurrency unless you are the one moving the prices around.
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07-26-2021, 07:34 AM #5881Beans. Cleans. Gasoline.
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07-26-2021, 07:41 AM #5882
- Join Date: May 2008
- Location: Woodbury, Georgia, United States
- Posts: 35,050
- Rep Power: 331325
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07-26-2021, 07:45 AM #5883
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07-26-2021, 09:06 AM #5884
I know what S2F is. I think I was pretty clear in my last post. I don't see how planB is considered a scammer when he isn't selling anything and his model has held true so far. You've gone from calling him a scammer to psyop, which is fine. My main point is there's nothing you've provided that sheds light on him being a scammer.
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07-26-2021, 10:39 AM #5885
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07-26-2021, 11:19 AM #5886
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07-26-2021, 11:56 AM #5887
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07-26-2021, 12:06 PM #5888
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07-26-2021, 12:07 PM #5889
The technicals all say this thing is just waiting to burst. If it wasnt for whatever hedge fund kept market buying in billions in every few mins to keep it propped up it would have burst a while back. Then the multi billion short liquidations that pushed it up 4k in 15 mins. Good luck to any of you boyos trading this right now. Im gonna sit this out a few more days.
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07-26-2021, 12:17 PM #5890
- Join Date: May 2008
- Location: Woodbury, Georgia, United States
- Posts: 35,050
- Rep Power: 331325
yeah i def understand that. another aggressive move up would be no bueno. btc being batted around like a cat toy
yeah should be interesting to see what happens here. im just hoping for that almighty higher low. the pull back will happen, the question is how low will we go.
i still contend that the institutions and mega players have been accumulating at the lowest btc price that they can get and we're sitting slightly above their cost basis. which bodes well for the fall season. going into an extended bear market in the current state seems like a raw deal for the overlords.
the bears need to keep this in mind as we get closer to the end of the year. i think we are going to absolutely explode in the coming months. even if we pull back to 30k in the next 5mins, i'll still say the same***Gender Non-Committed***
(She/Him/They/His/Theirs/Her/Them)
Falcons - Hawks - Braves
I make typos.
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07-26-2021, 12:34 PM #5891
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07-26-2021, 12:37 PM #5892
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07-26-2021, 12:46 PM #5893
Hopefully just pulls back some after the squeezing(not sure what % of shorts have covered), consolidates, then heads back towards 50k slowly.
Honestly could be a pump before institutions liquidate more positions and leave retail holding some bags. Amazon accepting Bitcoin rumor etc.. seems weird.
If you’re in crypto long term doesn’t matter either way.Last edited by lntense; 07-26-2021 at 01:47 PM.
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07-26-2021, 12:58 PM #5894
Bruh I have been employed by several large cryptocurrency companies, been in this industry for years.
Even now I do some work on the side for the companies that create the news you guys are trading on.
I'm just calling it like I see it.
The most successful people in this businesses are exchange owners collecting fees on gamblers.
After them, it's the people pushing prices around with large amounts of money.
It's honestly not hard to move prices around on smaller cap coins, but you need liquidity.
If you are making guesses and going off news then you are several steps behind the people on the inside.
There is zero regulation, so there is nothing illegal or even punishable about manipulating this market.
The single most important metric is volume, and honestly if you are patient and track large movements then you could profit without deep pockets.
Because most people attempting to play this game on the outside, just like the equity market, and a single-digit percentage is making consistent returns.Beans. Cleans. Gasoline.
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07-26-2021, 01:16 PM #5895
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07-26-2021, 01:28 PM #5896
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07-26-2021, 02:29 PM #5897
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07-26-2021, 02:33 PM #5898
- Join Date: May 2008
- Location: Woodbury, Georgia, United States
- Posts: 35,050
- Rep Power: 331325
oh of course. nobody is arguing against that. some traders are damn good. most are not
it's all about knowing what you are good at and tailoring your strategy. i dont trade because i would be awful at it. im not built for it, and yes they would just eat my money like a cheap carnival game.
i can long term DCA like a mothrfckr though. during the bear market my portfolio sat right next to my 401k contributions. sht was golden***Gender Non-Committed***
(She/Him/They/His/Theirs/Her/Them)
Falcons - Hawks - Braves
I make typos.
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07-26-2021, 02:45 PM #5899
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07-26-2021, 03:06 PM #5900
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07-26-2021, 03:08 PM #5901
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07-26-2021, 03:17 PM #5902
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07-26-2021, 07:10 PM #5903
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07-26-2021, 07:59 PM #5904
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07-26-2021, 08:12 PM #5905
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07-26-2021, 08:43 PM #5906
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07-26-2021, 10:12 PM #5907
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07-26-2021, 11:09 PM #5908
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07-26-2021, 11:56 PM #5909
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07-27-2021, 02:10 AM #5910
came across this free option 101 course on twitter..seems nice.
https://akunacapital.teachable.com/c...tures/15331352
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